Latest news with #S&PGlobal
Associated Press
4 hours ago
- Business
- Associated Press
S&P Global Ratings affirms Ecopetrol's Stand-Alone Credit Profile (SACP) while adjusting its global credit rating
BOGOTA, Colombia, June 27, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the 'Company') informs that on June 27, 2025, the credit rating agency S&P Global Ratings downgraded Ecopetrol's global credit rating from BB+ to BB and maintained the negative outlook. This action is aligned with the downgrade of the Republic of Colombia's sovereign rating on June 26, 2025. Additionally, the agency affirmed Ecopetrol's Stand-Alone Credit Profile (SACP) at bb+. In its report, S&P stated that Ecopetrol's global rating was adjusted in line with Colombia's sovereign rating and remains capped by it, due to the Company's significance in national revenue generation, its status as a government-related entity, and its role in the country's energy transition. The negative outlook on Ecopetrol reflects the sovereign's outlook. Regarding the stand-alone rating, the agency expects Ecopetrol to maintain its leverage ratio (debt/EBITDA) between 2.0x and 2.5x, with an EBITDA margin close to 40%. S&P also positively highlighted the Company's 2040 strategy, which focuses on growth prospects, reserve replacement, high operational availability of refineries, and strengthening the investment portfolio through business diversification. The full report issued by the agency on June 27, 2025, announcing the rating action, can be accessed in the link below: Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 19,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector. This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. 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 in respect of the Company's prospects for growth and its ongoing access to capital to fund the Company's business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration, and production activities, market conditions, applicable regulations, the exchange rate, the Company's competitiveness and the performance of Colombia's economy and industry, to mention a few. We do not intend and do not assume any obligation to update these forward-looking statements. For more information, please contact: Head of Capital Markets Carolina Tovar Aragón Email: [email protected] Head of Corporate Communications (Colombia) Marcela Ulloa Email: [email protected] View original content: SOURCE Ecopetrol S.A.
Yahoo
6 hours ago
- Business
- Yahoo
Why S&P Global Has a Durable Business Model
S&P Global Inc. (NYSE:SPGI) is one of the Best Wide Moat Dividend Stocks to Invest in. A group of analysts studying data on a large monitor. The company operates in a space closely tied to the expansion of financial markets. As global debt levels rise and financial systems become more complex, the need for credit ratings and financial analytics continues to grow. This allows the company to benefit from long-term economic trends, including the increasing use of artificial intelligence and the evolving structure of global finance. Entering the credit rating business is extremely challenging due to strict regulations, which create a strong barrier for new competitors. S&P Global Inc. (NYSE:SPGI)'s strong financial track record reflects the quality of its business. The company has increased its annual dividend for 53 years in a row, highlighting its steady profitability and dedication to rewarding shareholders. Even during tough times like the 2008 financial crisis, the company proved its ability to perform reliably. Currently, it offers a quarterly dividend of $0.96 per share and has a dividend yield of 0.73%, as of June 24. While we acknowledge the potential of SPGI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None.
Yahoo
10 hours ago
- Business
- Yahoo
S&P Global Ratings affirms Ecopetrol's Stand-Alone Credit Profile (SACP) while adjusting its global credit rating
BOGOTA, Colombia, June 27, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the "Company") informs that on June 27, 2025, the credit rating agency S&P Global Ratings downgraded Ecopetrol's global credit rating from BB+ to BB and maintained the negative outlook. This action is aligned with the downgrade of the Republic of Colombia's sovereign rating on June 26, 2025. Additionally, the agency affirmed Ecopetrol's Stand-Alone Credit Profile (SACP) at bb+. In its report, S&P stated that Ecopetrol's global rating was adjusted in line with Colombia's sovereign rating and remains capped by it, due to the Company's significance in national revenue generation, its status as a government-related entity, and its role in the country's energy transition. The negative outlook on Ecopetrol reflects the sovereign's outlook. Regarding the stand-alone rating, the agency expects Ecopetrol to maintain its leverage ratio (debt/EBITDA) between 2.0x and 2.5x, with an EBITDA margin close to 40%. S&P also positively highlighted the Company's 2040 strategy, which focuses on growth prospects, reserve replacement, high operational availability of refineries, and strengthening the investment portfolio through business diversification. The full report issued by the agency on June 27, 2025, announcing the rating action, can be accessed in the link below: Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 19,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector. This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. 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 in respect of the Company's prospects for growth and its ongoing access to capital to fund the Company's business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration, and production activities, market conditions, applicable regulations, the exchange rate, the Company's competitiveness and the performance of Colombia's economy and industry, to mention a few. We do not intend and do not assume any obligation to update these forward-looking statements. For more information, please contact: Head of Capital MarketsCarolina Tovar AragónEmail: investors@ Head of Corporate Communications (Colombia)Marcela UlloaEmail: View original content: SOURCE Ecopetrol S.A. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10 hours ago
- Business
- Yahoo
Why Shares of AeroVironment Are Flying Higher This Week
AeroVironment's report of strong fourth-quarter 2025 financial results this week provided just one cause for the stock's rise. One analyst sees increased upside for AeroVironment stock. Shares of AeroVironment have soared higher in 2025, and investors may want to wait for shares to drop before considering a position. 10 stocks we like better than AeroVironment › After dipping almost 3% lower last week, shares of AeroVironment (NASDAQ: AVAV) have steadily gained more altitude this week for a variety of reasons. For one, the market is responding kindly to the drone company's fourth-quarter 2025 financial results, which it released on Tuesday. An analyst's positive take on the stock, as well as news from the NATO summit, are also contributing to the buying activity. According to data provided by S&P Global Market Intelligence, shares of AeroVironment are up 40.2% from the end of trading last Friday through 3:10 p.m. ET on Thursday. While analysts expected AeroVironment to post fourth-quarter 2024 revenue of $242.6 million -- a company record for quarterly sales -- and earnings per share (EPS) of $1.38, the company performed markedly better, reporting sales and EPS of $275.1 million and $1.61, respectively. The future seems bright as well. Management noted that AeroVironment ended Q4 2025 with a backlog that was almost twice what it was at the end of fiscal 2024. An improved outlook on AeroVironment stock provided another catalyst for its rise this week. Raising its price target to $225 from $200, Raymond James maintain its strong buy rating on the stock due to the presumed positive effect that the acquisition of Blue Halo, a designer of drones with advanced artificial intelligence (AI) capabilities, will have on the company. Investors are also surmising that news from NATO that leaders are in agreement to increase defense spending to 5% of their countries' GDP by 2035 will benefit AeroVironment. In addition to the United States, AeroVironment generates sales from business with international allies. With shares of AeroVironment now up 76% for the year, it seems that investors may want to watch the stock from a distance until there's a pullback. Fortunately for them, there are plenty of other leading drone stocks to investigate as potential buys. Before you buy stock in AeroVironment, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AeroVironment wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,731!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $945,846!* Now, it's worth noting Stock Advisor's total average return is 818% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Scott Levine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends AeroVironment. The Motley Fool has a disclosure policy. Why Shares of AeroVironment Are Flying Higher This Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10 hours ago
- Business
- Yahoo
Why Duolingo Stock Plummeted This Week
New data shows Duolingo's daily active user growth continues to decelerate. Trading at an already lofty valuation, the company saw its share price plummet. However, Duolingo's long-term investment thesis is intact, and its growth optionality remains abundant. 10 stocks we like better than Duolingo › Shares of the world's largest education app, Duolingo (NASDAQ: DUOL), were down 14% this week as of 2:30 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence. The main reason for this decline came from a Jefferies analyst highlighting that Duolingo's daily active user (DAU) growth slowed to 37% in June. Analysts expected 44% growth in DAUs for the company's second quarter, but the data shows it'll be closer to 39%, prompting the adverse reaction from the market. While 30 days' worth of disappointing DAU data isn't bad in and of itself, it extends a worrying trend. Over the last five months, the company's DAU growth declined from 56% in February to 53% in March, 41% in April, 40% in May, and finally 37% in June. This deceleration is far from a death knell for Duolingo's stock. But the market may be justified in lowering the company's valuation until it sees improving data. Even after this drop, the company trades at 106 times free cash flow, including stock-based compensation. However, following this decline, I may find myself buying more Duolingo shares soon, thanks to its promising growth optionality. Far from just a language learning app, Duolingo has multiple potential growth outlets, like: Adding to its courses, as it has already done with ABCs for children, math, music, and now chess. Building upon its standardized test offerings, such as its Duolingo English Test (roughly 10% of sales). Growing the advertising revenue from its non-subscriber tier (around 6% of sales). Incorporating artificial intelligence (AI) into its offerings, such as its video chat with Lily. Though its days of 50% hypergrowth may be in the past, Duolingo's longer-term growth story is still in its early chapters. Before you buy stock in Duolingo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Duolingo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $687,731!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $945,846!* Now, it's worth noting Stock Advisor's total average return is 818% — a market-crushing outperformance compared to 175% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 23, 2025 Josh Kohn-Lindquist has positions in Duolingo. The Motley Fool has positions in and recommends Jefferies Financial Group. The Motley Fool recommends Duolingo. The Motley Fool has a disclosure policy. Why Duolingo Stock Plummeted This Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
