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Ecopetrol Secures $500 Million Loan Authorization

Story Highlights

The latest announcement is out from Ecopetrol SA ( (EC) ).

On April 28, 2025, Ecopetrol S.A. announced that it received authorization from the Ministry of Finance and Public Credit to execute a $500 million loan agreement with Banco Santander, S.A., with a five-year term and interest indexed to the SOFR rate. The funds are intended for non-investment expenses and to help achieve the company’s Gross Debt/EBITDA target for 2025. This agreement highlights the international financial sector’s confidence in Ecopetrol’s strategy, despite challenging market conditions, and supports its financial objectives.

Spark’s Take on EC Stock

According to Spark, TipRanks’ AI Analyst, EC is a Outperform.

Ecopetrol SA exhibits strong financial performance and a compelling valuation, with a high dividend yield suggesting income potential. Operational efficiency and cash flow are strengths, though high leverage and revenue volatility pose risks. The earnings call underscored record production and environmental achievements, despite some setbacks in refining and gas production. Technical indicators suggest caution with current downward momentum in the stock price.

To see Spark’s full report on EC stock, click here.

More about Ecopetrol SA

Ecopetrol S.A. is the largest company in Colombia and a leading integrated energy company in the Americas, employing over 19,000 people. It is responsible for over 60% of Colombia’s hydrocarbon production and has significant operations in transportation, logistics, and refining. The company also holds a strong position in petrochemicals and gas distribution, and has expanded into energy transmission, road concessions, and telecommunications across several countries in the Americas.

YTD Price Performance: 18.79%

Average Trading Volume: 2,883,986

Technical Sentiment Signal: Strong Sell

Current Market Cap: $17.39B

See more insights into EC stock on TipRanks’ Stock Analysis page.

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