Ecopetrol Closes $1.2B Deal For 51% Of Brava Energia, Adding 459M Boe Of Proved Reserves And 78.8 Kboed Production

Jefferies Upgrades Ecopetrol to Hold

Jefferies analyst Alejandro Demichelis upgraded Ecopetrol (EC) from "Underperform" to "Hold" and increased the price target to $19.

Ecopetrol Appoints New Executive Vice President of Energy Transition

Ecopetrol S.A. has appointed Armando José Cuello Navarro as the new Executive Vice President of Energy Transition and named two additional legal representatives.

Parex Resources Announces Production Update and Timing of Q3 2026 Results

Parex Resources reported Q3 2026 average production of 83,259 boe/d, supported by near-field exploration success at LLA-111 in the Eastern Llanos. The company reiterated its H2 2026 production guidance of 82,000-91,000 boe/d, with expected growth from the November addition of approximately 7,000 bbl/d from the Ecopetrol partnership in the Magdalena. Q3 2026 financial results will be released on November 6, 2026.

Reported Earlier, Ecopetrol's Board Unanimously Appoints Joaquín Gutiérrez Caballero As New CEO, Effective September 28

Shares of oil and gas-related companies are trading lower amid crude price declines after reports suggesting that President Trump may meet with Iranian President Pezeshkian in New York. Also, reports suggest Trump declined to attack Yemen's Houthi rebels on behalf of Saudi Arabia, which may be seen as a de-escalation.

Ecopetrol Q2 2026 Earnings Call Transcript

Ecopetrol (NYSE:EC) held its second-quarter earnings conference call on Tuesday. Below is the complete transcript from the call. This content is powered by Benzinga APIs. For comprehensive financial data and