Moody’s downgrades Ecopetrol global credit rating to Ba2, outlook negative

• Moody’s cut Ecopetrol global credit rating to Ba2 from Ba1.
• Outlook revised to negative from stable.
• Moody’s affirmed Ecopetrol baseline credit assessment at b1.
• Rating action reflected weaker perceived support from Colombia government, citing higher risk of interference tied to FEPC mechanisms.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ecopetrol SA - Empresa Colombiana de Petroleos published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001292814-26-002493), on April 24, 2026, and is solely responsible for the information contained therein.