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Ecopetrol S.A. (EC) CEO Felipe Bayón on Q2 2021 Results - Earnings Call Transcript

Aug. 05, 2021 3:10 AM ETEcopetrol S.A. (EC)
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Ecopetrol S.A. (NYSE:EC) Q2 2021 Earnings Conference Call August 4, 2021 11:00 AM ET

Company Participants

Felipe Bayón - Chief Executive Officer

Alberto Consuegra - Chief Operating Officer

Jaime Caballero - Chief Financial Officer

Walter Canova - Vice President of Refining

Conference Call Participants

Guilherme Levy - Morgan Stanley

Declan Hanlon - Santander

Frank McGann - Bank of America

Anne Milne - Bank of America

Luiz Carvalho - UBS

Christian Audi - Santander

Bruno Amorim - Goldman Sachs

Badr Alami - Barclays


Good morning. My name is Hilda, and I will be your operator today. Welcome to Ecopetrol's Earnings Conference Call in which we will discuss the main financial and operational results for the second quarter 2021. [Operator Instructions]

Before we begin, it is important to mention that the comments in this call by Ecopetrol 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 in this conference call. The call will be led by Mr. Felipe Bayón, Chief Executive Officer of Ecopetrol; Alberto Consuegra, Chief Operating Officer; and Jaime Caballero, Chief Financial Officer. Thank you for your attention.

Mr. Bayón, you may begin your conference.

Felipe Bayón

Good morning, everyone, and welcome to our second quarter 2021 results conference call. We hope you and your families are well and continues to stay safe as the world aims to recover from the effects of the COVID-19 pandemic.

The results of the second quarter and the first half of the year reiterate our ability to capture value in a favorable fundamental scenario. And despite challenging environment conditions, we keep our commitment

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