Ecopetrol S.A. (EC)
| Market Cap | 21.73B |
| Revenue (ttm) | 31.98B |
| Net Income (ttm) | 3.66B |
| Shares Out | 41.12B |
| EPS (ttm) | 0.09 |
| PE Ratio | 5.93 |
| Forward PE | 5.40 |
| Dividend | $1.57 (15.06%) |
| Ex-Dividend Date | Jun 25, 2024 |
| Volume | 2,778,676 |
| Open | 10.80 |
| Previous Close | 10.94 |
| Day's Range | 10.41 - 10.84 |
| 52-Week Range | 7.21 - 12.90 |
| Beta | 0.70 |
| Analysts | Hold |
| Price Target | 9.50 (-8.92%) |
| Earnings Date | Mar 4, 2025 |
About EC
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; supp... [Read more]
Financial Performance
In 2023, Ecopetrol's revenue was 143.08 trillion, a decrease of -10.28% compared to the previous year's 159.47 trillion. Earnings were 19.06 trillion, a decrease of -42.94%.
Financial numbers in COP Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for EC stock is "Hold." The 12-month stock price forecast is $9.5, which is a decrease of -8.92% from the latest price.
News
ECOPETROL S.A.: Call for General Shareholders' Meeting
GENERAL SHAREHOLDERS' MEETING OF ECOPETROL S.A. BOGOTA, Colombia , Feb. 21, 2025 /PRNewswire/ -- The Chief Executive Officer of Ecopetrol S.A.
Ecopetrol publishes measures to guarantee the adequate representation of its Shareholders at the Ordinary General Shareholders' Meeting to be held on March 28, 2025
BOGOTA, Colombia , Feb. 21, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") informs that, to comply with the provisions of Part III Title I Chapter VI of ...
Ecopetrol Group replaced 104% of its production, doubling the 2023 incorporation of proven reserves.
The incorporation of proven reserves for the Ecopetrol Group was 260 MBOE 1 , 2.2 times compared to 2023 Proven reserves amounted to 1,893 MBOE. The 2024 total production was replaced with an addition...
Colombia's Ecopetrol books biggest increase in proven oil, gas reserves in three years
Colombia's Ecopetrol booked its biggest increase in proven oil and gas reserves in three years in 2024, rising to 1.89 billion barrels of oil equivalent, data from the majority state-owned company sho...
Ecopetrol announces the dates for the publication of its fourth quarter and full year 2024 earnings report and conference call
BOGOTA, Colombia , Feb. 18, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that after market close on Tuesday, March 4, 2025, it plans to release its financial and operating ...
Top 2 Energy Stocks That Are Ticking Portfolio Bombs
As of Feb. 18, 2025, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Ecopetrol announces the completion of the transaction with Repsol to acquire 45% of its participation in Block CPO-09
BOGOTA, Colombia , Feb. 5, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that on February 5, 2025, it successfully completed the transaction with Repsol Colombia Oil & Gas Lim...
Top 2 Energy Stocks That May Fall Off A Cliff In February
As of Feb. 3, 2025, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Ecopetrol and OXY agree to extend their development plan in the Midland area of the Permian Basin
BOGOTA, Colombia , Feb. 3, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that Ecopetrol Permian LLC ("Ecopetrol Permian") and Occidental Petroleum Corp ("OXY"), have reached...
Ecopetrol Announces Changes in Senior Management
BOGOTA, Colombia , Feb. 1, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that, in line with the 2040 strategy named "Energy that Transforms," which seeks the Company's posit...
Ecopetrol S.A. submitted the Report on the Implementation of Best Corporate Practices - "Código País" for FY2024
BOGOTÁ, Colombia , Jan. 30, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC), submitted today the Report on the Implementation of Best Corporate Practices – "Código País" - to the Financ...
Can Colombia's stocks outperform as foreign investors pull back from Indian markets?
Indian stocks have been in a downtrend since September after concerns about a slowing economy spooked foreign investors into pulling out of them. Meanwhile, an attractive investment opportunity outsid...
ECOPETROL S.A. reports on the decision adopted by the Court of the Southern District of New York on the arbitration ruling issued in favor of Refinería de Cartagena S.A.S.
BOGOTA, Colombia , Jan. 16, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, Refinería de Cartagena S.A.S.
Ecopetrol announces changes in senior management
BOGOTA, Colombia , Jan. 16, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company", and Ecopetrol and its subsidiaries, the "Ecopetrol Group") informs that the fo...
Ecopetrol confirms the agreement to purchase Repsol's 45% stake in block CPO 09
BOGOTA, Colombia , Dec. 31, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company") confirms that on December 29th, an agreement was reached with Repsol regarding the purchase o...
Ecopetrol announces the agreement to purchase Repsol's 45% stake in block CPO 09
BOGOTA, Colombia , Dec. 30, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company") announces that on Sunday, December 29, 2024, Ecopetrol successfully concluded negotiations wi...
Ecopetrol announces changes in senior management and the appointment of a legal representative
BOGOTA, Colombia , Dec. 16, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company") announces that Germán González Reyes, who has been serving as Secretary General since Septemb...
The Ecopetrol Group is expected to invest between 24 and 28 trillion pesos in 2025
BOGOTA, Colombia , Nov. 29, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company") announces that the Board of Directors approved the annual investment budget of the Ecopetrol ...
Decisions of the Board of Directors of Ecopetrol S.A.
BOGOTA, Colombia , Nov. 29, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company") announces that in line with the publication made on November 8, 2024, the Board of Directors...
Of 36 Dividend Power Dogs, 11 Are Buyable In November
Eleven of the 35 Dividend Power Dogs are recommended for their "safer" dividends, with free cash-flow yields exceeding dividend yields, making them ideal buys. The Dividend Power strategy focuses on h...
Ecopetrol Has Considerable Risks But Also A Lot Of Upside In Case Of Positive Changes
My view on Ecopetrol has shifted from pessimistic to optimistic, despite existing risks, due to its low valuation and strategic focus on oil and gas. Ecopetrol's strategy has evolved, scaling back ren...
Ecopetrol S.A. Completes Redemption of its 5.375% Notes due 2026
BOGOTA, Colombia , Nov. 21, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company") informs that today it completed the redemption of the aggregate principal amount outstanding ...
Ecopetrol presents its fourth report on climate change management following the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD)
BOGOTA, Colombia , Nov. 20, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol") reports that it has published its fourth TCFD report covering developments from 2023 and the fi...
Ecopetrol S.A. (EC) Q3 2024 Earnings Call Transcript
Ecopetrol S.A. (NYSE:EC) Q3 2024 Earnings Conference Call November 14, 2024 9:00 AM ET Company Participants Ricardo Roa - Chief Executive Officer Rafael Guzman - Acting Executive Vice President, Hydr...
Fitch Ratings maintains Ecopetrol's overall credit rating at BB+ and stable outlook.
BOGOTA, Colombia , Nov. 8, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company" or "Ecopetrol") informs that Fitch Ratings reported on November 6, 2024, that it has maintaine...