US EditionStandard & Poor’s Rated Ecopetrol as 'BB+' with a Negative Perspective
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The qualifier highlighted that there should be independent members on the board of directors along with improvements in financial performance
·Bogotá, Colombia
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Ecopetrol. Photo: Valora Analitik Ecopetrol reported that the S&P Global Ratings risk rating agency, in its report of June 4, 2025, maintained the Company’s global credit rating in BB+ as well as its negative outlook. Additionally, the agency reduced the company’s rating on the individual credit profile (SACP: Stand Alone Credit Profile) from bbb- to bb+. S&P mentioned that lower oil prices and exchange rate volatility have impacted the company’…
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