Ecopetrol S.A.

Ecopetrol S.A.

EC
Ecopetrol S.A.US flagNew York Stock Exchange
16.60
USD
+0.33
- -
34.13BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
34,257.96
32,090.07
25,462.78
23,584.37
27,217.28
33,370.32
34,773.47
24,429.68
44,692.89
77,638.09
69,650.05
64,854.43
58,221.61
62,011.67
Basic EPS, GAAP
6,375.27
2,454.73
-3,499.24
1,190.7
3,491.79
5,536.14
6,685.37
771.79
7,612.06
15,373.21
10,244.5
6,732.55
5,101.58
7,053.3
Free Cash Flow per Basic Share
1,602.75
1,215.61
-1,867.87
4,083.72
5,354.55
6,814.15
6,679.83
-938.87
4,495.04
6,983.44
-2,086.26
11,770.89
6,087.55
2,595.62
Dividend per Share
7,087.37
6,088.31
2,672.1
832.9
731.89
2,153.72
6,745.21
4,248.57
1,348.01
6,497.09
2,709.85
7,571.13
5,699.39
497.14
Book Value per Share
1,181.98
1,143.65
1,002.66
1,022.14
1,129.35
1,341.01
1,323.4
1,213.62
1,665.74
2,095.38
1,841.26
1,942.13
1,979.32
2,065.78
Tangible Book Value per Share
1,140.66
1,102.98
965.01
987.31
1,091.89
1,302.81
1,283.44
1,161.34
1,174.58
1,523.91
1,365.51
1,417.79
1,520.31
1,641.43
Basic Weighted Avg Shares
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
2,056
Sales/Revenue/Turnover
70,428,715
65,971,888
52,347,271
48,485,561
55,954,228
68,603,872
71,488,512
50,223,393
91,881,204
159,611,078
143,189,000
133,330,000
119,694,000
127,482,000
Operating Margin (%)
30.89
25.29
18.69
20.42
25.93
33.68
30.88
13.57
33.29
38.36
31.09
27.26
23.04
27.48
Depreciation Expense
5,518,089
6,417,207
6,770,358
7,607,000
8,281,347
7,704,850
8,582,783
9,324,538
10,159,922
12,128,991
13,812,000
15,197,000
16,107,000
7,866,000
Net Income, GAAP
13,106,503
5,046,517
-7,193,859
2,447,881
7,178,539
11,381,386
13,744,011
1,586,677
15,649,143
31,604,781
21,061,000
13,841,000
10,488,000
14,500,000
Effective Tax Rate (%)
36.97
48.94
- -
58.32
42.12
40.06
23.92
42.68
33.28
35.01
31.21
39.76
23.42
29.05
Profit Margin (%)
18.61
7.65
-13.74
5.05
12.83
16.59
19.23
3.16
17.03
19.8
14.71
10.38
8.76
11.37
Working Capital
5,010,412
3,796,909
2,669,731
7,741,804
6,377,405
9,205,990
1,622,162
4,551,931
21,447,016
20,494,507
25,050,543
21,025,000
18,931,000
20,162,000
LT Debt
19,572,195
31,524,106
48,649,718
48,095,824
38,403,331
34,042,718
33,226,966
41,808,408
85,854,645
92,936,256
90,265,519
108,677,000
99,120,000
93,855,000
Total Equity
49,864,569
48,534,228
43,100,963
43,560,501
48,215,699
57,107,780
58,231,628
53,499,363
90,583,772
113,903,089
100,252,480
105,913,000
106,739,000
109,600,000
Return on Invested Capital (%)
16.69
10.58
- -
4.19
8.76
14.53
17.14
3.89
14.05
18.63
13.62
9.93
9.4
11.08
Return on Capital (%)
16.66
6.59
- -
3.17
8.75
13.1
15.13
2.34
11.49
15.87
10.58
7
6.48
6.02
Return on Common Equity (%)
23.13
10.56
-16.3
5.88
16.23
22.41
25.09
3.04
26.44
40.87
26.02
17.79
13.01
17.67

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
10,080,000
- -
11,063,000
LT Borrowings
98,443,000
- -
93,146,000
LT Finance Leases
677,000
- -
709,000
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41,117
41,117
41,117
Market Capitalization
1,554,676,531
2,274,314,588
2,010,444,434

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
53,445,000
- -
59,592,000
Cash, Cash Equivalents & STI
10,506,000
- -
10,186,000
Accounts Receivable, Net
6,337,000
- -
6,793,000
Inventories
8,609,000
- -
10,576,000
Total Current Liabilities
34,514,000
- -
39,430,000
Payables & Accruals
18,468,000
- -
22,633,000
ST Debt
10,080,000
- -
11,063,000
Deferred Revenue
108,000
- -
194,000

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.35%
17.9%
0.78%
Free Cash Flow
-174.2%
-273.15%
-48.28%
Net Income, GAAP
94.64%
179.27%
-24.23%
Sales/Revenue/Turnover
13.43%
25.85%
-10.23%
Total Cash Common Dividend
69.96%
82.02%
-24.72%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
31,302,000
32,627,000
34,607,000
34,794,428
133,330,000
2025
31,365,000
29,669,000
29,840,000
28,819,000
119,694,000
2026
28,625,000
40,198,000
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,951.52
1,642.16
1,774.95
1,364
6,732.55
2025
1,521.04
882
1,246.7
1,452.45
5,101.58
2026
1,404.3
2,950
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
5,799.1
1,333.28
307.45
7,571.13
2025
- -
4,710.49
160.03
337.09
5,699.39
2026
- -
- -
- -
- -
- -

Company Description

CEO
Juan Carlos Hurtado Parra
Full Time Employees
28,197
Sector
Energy
Industry
Oil & Gas Integrated
Address
Carrera 13 No. 36-24 Bogotá DC Colombia
IPO Date
Sep 18, 2008
Business
Ecopetrol S.A. operates as Colombia's largest integrated energy company, engaged in the exploration, production, transportation, refining, and marketing of hydrocarbons across the full value chain; it also participates in petrochemicals, biofuels, electric power transmission, and toll road concessions. The company produces crude oil and natural gas primarily from fields in central, southern, eastern, and northern Colombia, as well as internationally in Peru, Brazil, Mexico, and the United States Gulf Coast and Permian Basin; it refines crude at the Barrancabermeja and Cartagena refineries into gasoline, diesel, jet fuel, LPG, and petrochemicals; and transports crude, refined products, and natural gas via its subsidiary Cenit's extensive pipeline network and ports in Coveñas, Cartagena, and Tumaco. Founded in 1951 and headquartered in Bogotá, Ecopetrol conducts operations predominantly in Colombia with growing international presence and serves domestic industrial, power generation, transportation, and residential customers alongside export markets. In recent developments, Ecopetrol concluded negotiations in November 2025 for the acquisition of seven solar photovoltaic projects totaling up to 88.2 MWp from Grenergy Renovables S.A. across Colombian departments including Córdoba, Cesar, Magdalena, and Sucre, advancing its decarbonization goals and 900 MW self-generated renewable energy target under the 2040 Strategy; it also signed an asset purchase agreement in May 2025 with Statkraft for up to ten solar companies. The company amended its public bond issuance program in June 2025 to include sustainable performance-linked bonds such as green and social bonds, enhancing financing for energy transition initiatives with capacity for up to COP 2.1 trillion in additional issuances; it plans COP 22-27 trillion in investments for 2026, including 380-430 development wells mostly in Colombia and 8-10 exploratory wells. Ecopetrol targets 2.5 GW renewable capacity by year-end 2025, net-zero emissions by 2050, and maintains production around 740,000-750,000 boepd amid debt plans up to $2 billion for acquisitions earlier in the year.

Company News

  • Ecopetrol Announces Changes to Senior Management

  • Ecopetrol Group, in coordination with the National Government, receives payment of the Fuel Price Stabilization Fund (FEPC, by its Spanish acronym) receivable corresponding to the third and fourth quarters of 2025

  • Ecopetrol Advances Its Transformation with Changes to Its Senior Management Team

  • Ecopetrol S.A. (NYSE:EC) Receives Average Recommendation of “Reduce” from Brokerages

  • Ecopetrol (EC) Suffers a Larger Drop Than the General Market: Key Insights

  • Leads Biolabs' PD-L1/4-1BB Bispecific Antibody Opamtistomig (LBL-024) Granted Orphan Drug Designation in Japan, Further Expanding Global Regulatory Recognition

  • 66,837 Ecopetrol S.A. $EC Shares Sold by Squarepoint Ops LLC

  • Ecopetrol's Board of Directors Unanimously Appoints Joaquín Gutiérrez Caballero as the Company's New Chief Executive Officer

  • Colombia state oil firm Ecopetrol names Joaquin Gutierrez as CEO, Blu Radio reports

  • Here's Why Ecopetrol (EC) Fell More Than Broader Market

  • The Law Offices of Frank R. Cruz Continues Its Investigation of Ecopetrol S.A.

  • Investors Heavily Search Ecopetrol S.A. (EC): Here is What You Need to Know

  • AbbVie Announces European Commission Approval of RINVOQ® (upadacitinib) for the Treatment of Children with Active Polyarticular Juvenile Idiopathic Arthritis

  • Merck Receives Positive EU CHMP Opinion for KEYTRUDA® (pembrolizumab) Plus Padcev® (enfortumab vedotin-ejfv) as Perioperative Treatment for Adults With Resectable Muscle-Invasive Bladder Cancer (MIBC)

  • Colombia state oil firm Ecopetrol taps De La Espriella ally as chair, El Tiempo reports

  • Ecopetrol (EC) Suffers a Larger Drop Than the General Market: Key Insights

  • Resolutions Adopted by the Extraordinary Shareholders' Meeting Held on September 15, 2026

  • Ecopetrol approves government-backed board overhaul

  • Ecopetrol Reports Changes in Senior Management

  • Updates to the Board of Directors of Ecopetrol S.A.