Ecopetrol S.A.
NYSE•EC
CEO: Mr. Ricardo Roa Barragan
Sector: Energy
Industry: Oil & Gas Integrated
Listing Date: 2008-09-18
Ecopetrol S.A. operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services. As of December 31, 2022, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. It also produces and commercializes polypropylene resins and compounds, and masterbatches; and offers industrial service sales to customers and specialized management services. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, and South America. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was incorporated in 1948 and is headquartered in Bogotá, Colombia.
Contact Information
Market Cap
$29.11B
P/E (TTM)
11.7
45.9
Dividend Yield
8.3%
52W High
$15.62
52W Low
$7.80
52W Range
Rank33Top 25.7%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$7.46B+0.00%
4-Quarter Trend
EPS
$0.19+0.00%
4-Quarter Trend
FCF
$867.50M+0.00%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Net Income Drops Sharply Net income attributable to owners fell 34.3% to 13.84T COP in 2024, reflecting lower average prices and exchange rate effects.
Reserves Replacement Achieves 104% Reserves replacement ratio hit 104% in 2024, matching 2022 performance, driven by 259.6 Mmboe in total reserves additions.
Gross Production Holds Steady Consolidated gross production reached 745.8 mboed in 2024, showing a 9.2 mboed increase compared to 2023 results.
Significant Impairment Recovery Recognized 867.4M COP impairment recovery in 2024, primarily from Cartagena Refinery asset valuation improvements.
Risk Factors
Crude Price Volatility Threat Sharp movements in crude oil and refined product prices could adversely affect business prospects, results, and overall cash position.
Regulatory and Political Instability Changes in Colombian economic, energy, and tax policies pose material risks to financial condition and operational stability.
Operational Risks Cause Disruptions Operational risks like security issues, weather events, and infrastructure failures may cause shutdowns and financial losses.
Foreign Exchange Rate Fluctuations COP depreciation against USD increases revenues but makes USD-denominated debt servicing costs more expensive.
Outlook
2025 Investment Plan Approved Approved 2025 Investment Plan budget between COP 24T and COP 28T, aligning with energy security goals.
Energy Transition Strategy Focus 2040 Strategy emphasizes portfolio diversification, decarbonization efforts, and achieving net-zero GHG emissions by 2050.
Upstream Production Maintained Upstream segment expects to maintain production between 700 and 750 mboed through 2040 using enhanced recovery.
TESG Investment Allocation Allocating COP 2.3T towards TESG objectives, focusing on low-emission businesses, CCUS, and renewable energy incorporation.
Peer Comparison
Revenue (TTM)
$29.52B
$22.17B
$18.79B
Gross Margin (Latest Quarter)
136.2%
59.7%
34.3%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| HAL | $35.34B | 23.0 | 14.7% | 32.1% |
| TS | $34.29B | 16.8 | 11.5% | 2.2% |
| DVN | $31.92B | 12.1 | 17.5% | 27.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-0.1%
Flat Growth
4Q Net Income CAGR
-19.4%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:May 4, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data