Ecopetrol S.A.

Ecopetrol S.A.

EC
Ecopetrol S.A.US flagNew York Stock Exchange
17.25
USD
+0.05
- -
35.46BMarket Cap
Ecopetrol S.A.
EC
(New York Stock Exchange)

Recent

price

17.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
20,799.18
32,087.94
33,491.02
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
56,888.33
Revenue per Share
4,025.68
7,516.33
7,188.78
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
4,984.35
Basic EPS, GAAP
2,047.97
4,464.68
2,779.52
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
5,034.94
Free Cash Flow per Basic Share
1,872.79
2,873.3
4,095.33
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
5,201.78
Dividend per Share
1,021.14
1,330.09
1,574.56
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
- -
Book Value per Share
747.66
1,243.28
1,491.58
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
- -
Tangible Book Value per Share
2,024
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
2,056
2,056
Basic Weighted Avg Shares
42,089,745
65,967,514
68,852,002
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
116,953,000
Sales/Revenue/Turnover
28.73
36.9
32.6
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
23.74
Operating Margin (%)
3,817,041
4,561,946
5,468,850
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
12,217,000
Depreciation Expense
8,146,471
15,452,334
14,778,947
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
10,247,000
Net Income, GAAP
28.18
33.65
31.94
36.97
48.94
- -
58.32
42.12
40.06
23.92
42.68
33.28
35.01
31.21
39.76
23.42
25.23
Effective Tax Rate (%)
19.36
23.42
21.46
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
8.76
Profit Margin (%)
2,587,060
3,285,578
-370,448
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
- -
Working Capital
7,833,715
7,969,978
11,346,337
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
- -
LT Debt
41,814,132
56,941,486
67,343,048
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
- -
Total Equity
18.03
25.21
18.77
16.69
10.58
- -
4.19
8.76
14.53
17.14
3.89
14.05
18.63
13.62
9.93
9.4
- -
Return on Invested Capital (%)
18.01
26.61
20.1
16.66
6.59
- -
3.17
8.75
13.1
15.13
2.34
11.49
15.87
10.58
7
6.48
8.58
Return on Capital (%)
22.05
32.19
24.75
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
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
12,455,000
10,080,000
- -
LT Borrowings
101,815,000
99,120,000
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
41,117
41,117
41,117
Market Capitalization
1,485,038,267
1,554,676,531
2,274,314,588

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
59,770,000
53,445,000
- -
Cash, Cash Equivalents & STI
13,734,000
10,506,000
- -
Accounts Receivable, Net
14,286,000
6,337,000
- -
Inventories
10,539,000
8,609,000
- -
Total Current Liabilities
39,110,000
34,514,000
- -
Payables & Accruals
22,328,000
18,468,000
- -
ST Debt
12,455,000
10,080,000
- -
Deferred Revenue
- -
108,000
- -

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
- -
- -
- -
- -

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
880.91
1,246.7
1,452.45
5,101.58
2026
1,404.3
- -
- -
- -
- -

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
- -
4,704.66
160.03
337.09
5,699.39
2026
- -
- -
- -
- -
- -
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 in Senior Management

  • Ecopetrol Announces the Nomination of Candidates for Seats 7, 8 and 9 and the Formalization of the Slate of Candidates for the Board of Directors of Ecopetrol S.A.

  • Ecopetrol announces the implementation of measures designed to ensure the proper representation of Shareholders at the Extraordinary Meeting scheduled for September 15, 2026

  • GENERAL SHAREHOLDERS' MEETING OF ECOPETROL S.A.

  • Ecopetrol Announces Changes in Senior Management

  • Ecopetrol Announces the Second Convening of Bondholders' Meetings for Domestic Public Debt Bonds

  • Ecopetrol Takes Control of Brava Energia in $1.2B Brazil Growth Bet

  • Ecopetrol S.A. (EC) M&A Call Transcript

  • European Commission Approves DAYBU® (trofinetide) as the First and Only Treatment for Neurobehavioral Symptoms of Rett Syndrome in the European Union

  • Parex Resources Targets 90,000 Bpd as Frontera Deal, Ecopetrol Projects Fuel Growth

  • Ecopetrol Reports Results of Bondholders' Meetings for Domestic Public Debt Bonds Held at First Call

  • Ecopetrol Completes Acquisition of a Controlling 51% Stake in Brava Energia S.A. and Strengthens Its Growth Platform in Brazil

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

  • Ecopetrol Announces the Convening of Bondholders' Meetings for Domestic Public Debt Bonds on August 18

  • Bear of the Day: Ecopetrol (EC)

  • Fosun International Wins Three Awards from Global Banking & Finance Review, Gaining International Recognition for its ESG Performance, Corporate Social Responsibility, and Brand Strength

  • Ecopetrol Announces Successful Auction Result for the Acquisition of Approximately 25% of the Share Capital of Brava Energia S.A.

  • New Strong Sell Stocks for August 5th

  • Ecopetrol Q2 Earnings Call Highlights

  • Ecopetrol S.A. (EC) Q2 2026 Earnings Call Transcript