CreditSights logo
Forgot Password?


Search Results

Excerpts only. To access full content please login or request a free trial.

Oil & Gas: OPEC+ Plays Let's Make a Deal

Sector Analysis: 07 Dec 2018, 11:38 AM ET - OPEC+ reportedly came together at the last minute for a 1.2 mmbd production cut although details are sparse at this point.

Oil & Gas: OPEC+ Struggling to Come Together

Sector Analysis: 06 Dec 2018, 2:02 PM ET - OPEC came away from its meeting in Vienna today empty-handed on an agreement, with plans to continue the discussion with OPEC+ tomorrow.

Oil & Gas: Slashing Oil Outlook, Downgrading E&Ps

Sector Analysis: 26 Nov 2018, 4:48 AM ET - We believe the recent 33% drop in oil prices is likely to be just the first leg of a deeper decline.  We are reducing our 2019 oil price view and recalibrating our IG and HY E&P investment recommendations to a more defensive position.

Oil & Gas: Bloodbath Over or Temporary Pause?

Sector Analysis: 15 Nov 2018, 5:11 AM ET - Oil prices finally turned north yesterday, with WTI closing up a scant $0.20/bbl to $55.89/bbl, following a record string of 12 straight down days which saw prices plunge $12/bbl, or 18%.  

Ecopetrol 2Q18: Solid Upstream Ebitda Growth

Earnings Note: 23 Aug 2018, 12:06 AM ET - Ecopetrol posted 2Q18 company-wide adjusted Ebitda of COP8.6tn rising 20% QoQ and 58% YoY as improved earnings in the Upstream segment more than offset flattish results in the Midstream segment and worse results in the Downstream segment.

Oil & Gas: Market Tightens, Raising Price Forecast

Sector Analysis: 30 May 2018, 5:34 AM ET - Oil has come off the boil in the past week as the Saudis and Russia look to help ease tightening oil market conditions. However, we expect conditions will remain tight nonetheless - raising price forecasts.

Ecopetrol: 1Q18 Highlights

Earnings Note: 13 May 2018, 8:38 PM ET - Ecopetrol released a set of improved results, its "best quarterly result of the past four years", on the back of the better upstream performance and higher hydrocarbons prices. With positive FCF generation it managed to further deleverage.

Ecopetrol: Strong 4Q/FY17 Cash Gen. - Maintain O/P

Earnings Note: 06 Mar 2018, 5:54 AM ET - Ecopetrol released an overall healthy set of 4Q17/FY17 results highlighting strong cash flow generation capacity in the lower oil price environment. We expect that to continue in 2018 and maintain our O/P.

US IG Strategy: Buying Opportunities

Strategy Analysis: 22 Feb 2018, 9:35 PM ET - Although the IG index has retraced all of 2018's spread tightening, we continue to like IG bonds. We present more than 50 bonds we suggest buying based on our fundamental view of the credit and outsized spread widening from peak levels.

Ecopetrol: Announces Higher 1P Reserves

Company Analysis: 20 Feb 2018, 6:02 AM ET - Ecopetrol announced a 4% YoY increase in its 1P Reserves and we currently see reserves additions as one of the main catalysts for the company. We maintain our Outperform.

2017 Euro Conference: LatAm Integrated Oils

Transcript: 08 Jan 2018, 6:33 PM ET - This is the transcript of our LatAm Integrated Oils' presentation at CreditSights' Euro 2017 Conference. We maintain our O/P view on Petrobras, Pemex & Ecopetrol, initiate on YPF with a Hold. 

Ecopetrol: S&P Downgrade With The Sovereign

Worth Watching: 12 Dec 2017, 5:47 AM ET - Ecopetrol (Baa3/BBB-/BBB): On the 12 December 2017 S&P announced that it was downgrading the Republic of Colombia's rating to BBB- (Stable outlook) and as a consequence downgraded the rating of Ecopetrol by one notch. The company is now BBB- at t ..

Pemex & Ecopetrol: 3Q17 / 9M17 Results Highlights

Earnings Note: 10 Nov 2017, 5:47 AM ET - Pemex and Ecopetrol released improved set of results mostly on the back of the better hydrocarbons price environment. While Pemex continued to show weaker operational performance that of Ecopetrol remained overall healthy.

Ecopetrol: Outlook to Stable At Moodys', IG Aff.

Worth Watching: 22 Sep 2017, 6:00 AM ET - Ecopetrol (Baa3/BBB/BBB): On 21 September 2017 Moody's announced that it changed Ecopetrol's outlook to Stable from Negative while affirming its IG Baa3 headline rating and ba3 standalone rating.The outlook move comes as recognition of the compa ..

Pemex & Ecopetrol: 2Q17 / 1H17 Highlights

Earnings Note: 11 Aug 2017, 6:03 AM ET - Ecopetrol / Pemex released their 1H17  results which were partly supported by the better industry environment but the better fundamental performance was that of Ecopetrol. Both however continue to benefit from a generally positive momentum.

July 2017 US Company Recommendation Changes

US Company Recommendation Changes: 01 Aug 2017, 11:00 AM ET - Our monthly report provides executive summaries for the twenty-two company recommendation changes made on US companies during the month of July.

LatAm Integrated Oils: Don't Mind The Gap

Company Analysis: 04 Jul 2017, 10:18 PM ET - We recommend credit investors stay patient through the current downdraft and we maintain our Outperform recommendations on Petrobras and Pemex. We also re-assess that of Ecopetrol and update our view to Outperform from Market perform.

Ecopetrol: Loan Early Repay., Move To O/P.

Worth Watching: 04 Jul 2017, 10:01 PM ET - Ecopetrol (Baa3 / BBB / BBB): On the 29 June 2017 Ecopetrol announced its intention to repay, earlier than anticipated (February 2020), its $1.925 bn syndicated bank loan with the international Banking. The move follows the recent Moody's rating ..

June 2017 US Company Recommendation Changes

US Company Recommendation Changes: 02 Jul 2017, 9:29 PM ET - Our monthly report provides executive summaries for the twenty-two company recommendation changes made on US companies during the month of June.

Ecopetrol: Moody's Affirms IG Rating, Neg. Outlook

Worth Watching: 21 Jun 2017, 5:52 AM ET - Ecopetrol (Baa3/BBB/BBB): On 21 June 2017 Moody's announced that it affirmed Ecopetrol's rating at Baa3, also maintaining its Negative outlook. The standalone rating (i.e. accounting for a "high probability of support from the government of Colom ..

Request A Free Trial

CreditSights offers free trials to individuals in qualified institutions.

Sign up now >>


Refine Results