Ecopetrol files its Form 20-F for fiscal year 2021
BOGOTA, Colombia, April 26, 2022 /PRNewswire/ — Ecopetrol SA (BVC: ECOPETROL; NYSE: EC) today announced that it has filed its Annual Report on Form 20-F for the year ended December 31, 2021with the United States Securities and Exchange Commission (the “SEC”).
With the filing of its annual report on Form 20-F, the Company complies with its reporting obligations to the SEC, the New York Stock Exchange (NYSE), bondholders and investors.
The annual report includes, among other things, Ecopetrol’s financial statements in accordance with International Financial Reporting Standards (IFRS) as adopted by the International Accounting Standards Board which have been audited and certified in accordance with Internal Control over Reporting statement by the audit firm Ernst & Young Audit SAS for the years 2019, 2020 and 2021. Investors can receive a free paper copy of Ecopetrol’s financial statements by making a request to [email protected].
The 2021 Form 20-F can be found at the following link: https://www.sec.gov/ix?doc=/Archives/edgar/data/0001444406/000141057822001007/ec-20211231x20f.htm
Ecopetrol is the largest company in Colombia and one of the leading integrated energy companies in the Americas, with more than 17,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most of the transport, logistics and hydrocarbon refining systems, and holds leading positions in the petrochemical and gas distribution segments. With the acquisition of 51.4% of the shares of ISA, the company participates in the transport of energy, the management of real-time systems (XM) and the Barranquilla – Cartagena coastal highway concession. Internationally, Ecopetrol holds interests in strategic basins on the American continent, with drilling and exploration activities in United States (Permian Basin and the Gulf of Mexico), Braziland Mexicoand, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission sector in Brazil, Chile, Peruand Bolivia, road concessions in Chile, and the telecommunications sector. This press release contains statements of business outlook, estimates of operating and financial results and statements relating to Ecopetrol’s growth prospects. These are all projections and as such are based solely on executives’ expectations regarding the future of the company and their continued access to capital to fund the company’s business plan. The achievement of such estimates in the future depends on the behavior of market conditions, regulations, competition, the performance of the Colombian economy and the industry, among other factors, and is therefore subject to change without prior notice.
This release contains statements that may be deemed forward-looking statements within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended. All forward-looking statements, whether made in this release or in future filings or press releases or orally, address matters that involve risks and uncertainties, including with respect to the company’s growth prospects. and its continued access to capital to fund the company’s business plan. , among others. Accordingly, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices for oil and gas, our exploration and production activities, market conditions, applicable regulations, stock exchange rates, the competitiveness of the Company and the performance of Colombia economy and industry, to name a few. We do not intend and assume no obligation to update these forward-looking statements.
For more information please contact:
Acting Head of Capital Markets
Carolina Tovar Aragon
E-mail: [email protected]
Corporate Communications Manager
E-mail: [email protected]
SOURCE Ecopetrol SA