Ecopetrol S.A. (NYSE:EC) is one of the top cheap growth stocks to get rich. Ecopetrol S.A. (NYSE:EC) announced on June 16 that the S&P Global Ratings affirmed the company's global credit rating at BB- with a stable outlook, along with the company's Stand-Alone Credit Profile at bb+. Management stated that the credit rating highlights S&P's assessment as of the date hereof and is subject to change at any time.

It further reported that with respect to its stand-alone rating, S&P noted the continued strengthening of Ecopetrol's (NYSE:EC) liquidity sources, while also highlighting that the company secured a committed credit facility of approximately USD190 million, has benefited from higher operating cash flows, and has refinanced its short-term debt maturities. Furthermore, according to S&P, Ecopetrol S.A. (NYSE:EC) is anticipated to "maintain solid leverage metrics, with an adjusted net debt-to-EBITDA ratio close to 2.0x over the coming years, supported by a favorable price environment and no significant debt increases in the short term".

Ecopetrol S.A. (NYSE:EC) explores, develops, and produces crude oil and natural gas. Its operations are divided into the following segments: Exploration and Production, Transportation and Logistics, and Refining and Petrochemicals.

While we acknowledge the potential of EC 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: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.

Disclosure: None. Follow Insider Monkey on Google News.