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Ecopetrol Sustains Strong Q1 2024 Despite Market Challenges
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Ecopetrol Sustains Strong Q1 2024 Despite Market Challenges

Ecopetrol (EC) has released an update.

Ecopetrol S.A. reports a resilient first quarter in 2024, overcoming challenges like increased energy costs and inflationary pressures to achieve a net income of COP 4.0 trillion and an EBITDA of COP 14.2 trillion, marking consistent operational strength and strategic advancements in the energy sector. The company also emphasizes its commitment to a fair energy transition, with notable progress in its low-emission solutions, including the launch of Latin America’s first solar farm in a refinery, and advancements in environmental and social governance.

For further insights into EC stock, check out TipRanks’ Stock Analysis page.

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