Ecopetrol S.A.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Ricardo Roa Barragan
- Full Time Employees
- 18,903
- Sector
- Energy
- Industry
- Oil & Gas Integrated
- Address
- Carrera 13 No. 36 - 24 Bogotá Colombia
- IPO Date
- Sep 18, 2008
- CIK
- 0001444406
- Website
- ecopetrol.com.co
- Similar Companies
- 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.
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