EC
Ecopetrol S.A.9.33
-0.30-3.12%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Capex flex, DIAN reassurance dominate Q&A.
Q&A surfaced Ecopetrol's flexibility to tilt 2026 capex toward $6.7B and lift production if Brent holds above $80, echoing last year's adjustments. Permian output fell sequentially on 12% fewer rigs basin-wide, but 38-40 wells planned with price-linked tweaks; Delaware JV ends December 2026. Royalty cash payments on nine fields secure crude ownership neutrally for costs, per management. DIAN VAT fight shifts judicial with low risk, no covenant hits. Weather resolved production gaps. Confident tone. Watch geopolitics boosting differentials yet hiking freight, FEPC. No shocks.
Key Stats
Market Cap
20.02BP/E (TTM)
7.18Basic EPS (TTM)
1.30Dividend Yield
0%BP
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