Operator
Good morning. My name is Natalia, and I will be your operator today. Welcome to Ecopetrol’s earnings conference call, in which we will discuss the main financial and operating results of the second quarter of 2025. [Operator Instructions]
Before we begin, it is important to mention that the comments in this call by Ecopetrol’s senior management include projections of the company’s future performance. These projections do not constitute any commitment as to future results, nor do they take into account risks or uncertainties that could materialize. As a result, Ecopetrol assumes no responsibility in the event that future results are different from the projections shared on this conference call.
The call will be led by Mr. Ricardo Roa, CEO of Ecopetrol; Rafael Guzman, Executive Vice President of Hydrocarbons; Camilo Barco, CFO; and Bayron Triana, Executive Vice President of Transition Energies.
Thank you for your attention. Mr. Roa, you may begin your conference.
Ricardo Barragan
President
Welcome to Ecopetrol Group’s Third Quarter 2025 Earnings Call. Over the last 9 months, we have been focusing our









