S&P Maintains Ecopetrol Credit Rating

Instant Max AI

(Ecopetrol S.A., 1.Jul.2015) – Ecopetrol S.A. reported that the credit rating agency Standard & Poor’s has maintained Ecopetrol’s long term corporate credit rating at BBB with a stable outlook.

S&P’s mentioned that the new strategy presented by the company is in line with the current oil market conditions and prioritizes efficient barrels and shareholder returns. The rating decision also considers, among other things, the very important role of Ecopetrol in the Colombian economy.

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