S&P Global Ratings Affirms Ecopetrol’s (EC) Global Credit Rating at BB-

It further reported that with respect to its stand-alone rating, S&P noted the continued strengthening of Ecopetrol's (NYSE:EC) liquidity sources, portion besides highlighting that the institution secured a committed recognition installation of astir USD190 million, has benefited from higher operating currency flows, and has refinanced its short-term indebtedness maturities. Furthermore, according to S&P, Ecopetrol S.A. (NYSE:EC) is anticipated to "maintain coagulated leverage metrics, with an adjusted nett debt-to-EBITDA ratio adjacent to 2.0x implicit the coming years, supported by a favorable terms situation and nary important indebtedness increases successful the abbreviated term".

Ecopetrol S.A. (NYSE:EC) explores, develops, and produces crude lipid and earthy gas. Its operations are divided into the pursuing segments: Exploration and Production, Transportation and Logistics, and Refining and Petrochemicals.

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