This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
Ecopetrol to Complete Investments of $6.3bn in 2025
November 14, 2025
Ecopetrol plans to complete investments of ~$6.3bn during 2025, representing about 90% of its targeted capital plan for the year. Its executives confirmed that the investment execution is well underway, with about 72% already complete. Financially, Ecopetrol expects to end the year with cash reserves of COP 12-14tn ($3.2-3.8bn). Operationally, the company is set to surpass its initial drilling objectives. Rafael Guzman, the Vice President of Hydrocarbons, noted that Ecopetrol had already met its goal of drilling ten exploratory wells. The company now plans to drill five additional wells before year-end, which includes finishing three currently in progress and initiating two more. This aggressive exploration schedule is aimed at boosting production, which recently saw a 0.4% decline compared to 2024, settling at 751,500 barrels of oil equivalent per day. Additionally, Ecopetrol plans to announce a new partnership before end-2025 to increase output in one of its fields, utilizing a production-sharing agreement model.
Ecopetrol’s dollar bonds were trading slightly weaker, with its 7.75% 2032s down 0.2 points at 103.6, yielding 7%.
For more details, click here
Go back to Latest bond Market News
Related Posts:
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.