economy

May 4, 2026

Ecopetrol union denounces alleged capitalization of the oil company before Wall Street: this is the argument

Portafolio Journalist 05.04.2026 08:47 Updated: 05.04.2026 09:54

Ecopetrol union denounces alleged capitalization of the oil company before Wall Street: this is the argument

TL;DR

  • The union has filed a complaint with the SEC and NYSE regarding alleged de-capitalization of Ecopetrol.
  • Concerns are raised about risks associated with energy policy decisions and corporate governance.
  • The union seeks international supervision to protect public assets and the company's financial stability.
  • Allegations include potential executive interference in the Board of Directors' decisions.
  • The union fears a potential 'emergency sale' or fragmentation of the company due to progressive financial weakening.

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