Ecopetrol S.A. (EC)
| Market Cap | 24.22B |
| Revenue (ttm) | 36.97B |
| Net Income (ttm) | 5.44B |
| Shares Out | 2.06B |
| EPS (ttm) | 2.60 |
| PE Ratio | 4.51 |
| Forward PE | 6.02 |
| Dividend | $3.20 (27.15%) |
| Ex-Dividend Date | Jun 25, 2024 |
| Volume | 744,634 |
| Open | 11.65 |
| Previous Close | 11.64 |
| Day's Range | 11.65 - 11.84 |
| 52-Week Range | 8.59 - 13.14 |
| Beta | 0.76 |
| Analysts | Hold |
| Price Target | 11.68 (-0.89%) |
| Earnings Date | May 7, 2024 |
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 143.19 trillion, a decrease of -10.29% compared to the previous year's 159.61 trillion. Earnings were 21.06 trillion, a decrease of -33.36%.
Financial numbers in COP Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for EC stock is "Hold." The 12-month stock price forecast is $11.68, which is a decrease of -0.89% from the latest price.
News
Ecopetrol announces the dates for the publication of its first quarter 2024 report and conference call
BOGOTA, Colombia , April 25, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that after market close on Tuesday, May 7, 2024, it will release its financial and operating resul...
Ecopetrol files its 20-F Annual Report before the Securities and Exchange Commission
BOGOTÁ, Colombia , April 18, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs the filing of its annual report under Form 20-F for the fiscal year ended December 31, 2023, with th...
Ecopetrol Publishes Periodic Year-End Report for 2023
BOGOTA, Colombia , April 18, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) has published the periodic year-end report for 2023, which contains sections related to company practices, p...
Ecopetrol Announces Senior Management Changes
BOGOTA, Colombia , April 5, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces the following senior management changes: Ana Milena López, submitted her voluntary resignation as C...
Ecopetrol S.A.'s Board of Directors Announcement
BOGOTA, Colombia , April 5, 2024 /PRNewswire/ -- The Board of Directors of Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) has appointed Guillermo García Realpe, as Chairperson of the Board, and Mónica de G...
Ecopetrol publishes financial information for the year 2023
BOGOTA, Colombia , March 27, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that, in accordance with External Circular 012 of 2022 issued by the Superintendency of Finance of...
Distribution of Dividends corresponding to Fiscal Year 2023
BOGOTA, Colombia , March 25, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that its shareholders, during the General Ordinary Shareholders' Meeting, held on March 22, 2024, ap...
Ecopetrol Reports on the Decisions Adopted at the Shareholders' Meeting on March 22, 2024.
BOGOTA, Colombia , March 25, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that during the ordinary General Shareholders' Meeting held on March 22, 2024, after giving notice t...
ECOPETROL S.A. informs about the decision adopted by the Dutch Court on the restructuring process of CB&I N.V.
BOGOTA, Colombia , March 22, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that Refinería de Cartagena S.A.S.
Ecopetrol S.A. obtains authorization to execute a USD 1,200 million debt management transaction
BOGOTA, Colombia , March 20, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, as part of its comprehensive debt management and maturity refinancing strategy, the Ministry o...
Ecopetrol announces nomination of candidate to its Board of Directors
BOGOTA, Colombia , March 11, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs in accordance with the subscription of the Declaration of the Nation as majority shareholder and com...
Minority shareholders nominate candidate to integrate Ecopetrol's Board of Directors
BOGOTA, Colombia , March 11, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs in accordance with the subscription of the Declaration of the Nation as majority shareholder and in ...
Ecopetrol registered 1,883 million barrels of oil equivalent of Proven Reserves by year-end 2023
An organic incorporation of +307 MBPE was achieved, that is, 43% more compared to 2022 due to management in the development fields, new projects and better prospects in enhance recovery projects. Net ...
Results Fourth Quarter 2023
BOGOTA, Colombia , Feb. 29, 2024 /PRNewswire/ -- We ended 2023 with strong operational results that drove achievements across the entire company. We have achieved the second-best financial results in ...
Ecopetrol's 2023 Earnings Distribution Proposal
BOGOTA, Colombia , Feb. 29, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") hereby communicates the Company's proposal for the distribution of 2023 earnin...
Colombia's Ecopetrol posts Q4 profit down 38%
Colombia's majority state-owned oil company Ecopetrol on Thursday reported a fourth-quarter net profit that fell 38% to 4.23 trillion pesos from a year earlier.
ECOPETROL S.A. reports United Kingdom court's decision and expected Dutch court's decision related to restructuring plans of McDermott's subsidiaries and Reficar's arbitral award
BOGOTA, Colombia , Feb. 28, 2024 /PRNewswire/ -- Ecopetrol informs that on February 27, 2024 its subsidiary Refineria de Cartagena S.A.S. (Reficar) was notified of the decision of a United Kingdom cou...
Ecopetrol S.A. reports on the Protocolization of the Bylaws Amendment Approved by the Extraordinary General Shareholders' Meeting
BOGOTA, Colombia , Feb. 28, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that the amendment to the Bylaws of the company, which were approved by the General Assembly of Share...
Ecopetrol announces the dates for the publication of its fourth quarter 2023 and full year earnings report and conference call
BOGOTA, Colombia , Feb. 15, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that after market close on Thursday, February 29, 2024, it will release its financial and operating...
Ecopetrol publishes measures to guarantee the adequate representation of its Shareholders at the Ordinary General Shareholders' Meeting to be held on March 22, 2024.
BOGOTA, Colombia , Feb. 15, 2024 /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 t...
Ecopetrol S.A. submitted the Report on the Implementation of Best Corporate Practices - "Código País" for FY2023
BOGOTA, Colombia , Jan. 30, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC), submitted today the Report on the Implementation of Best Corporate Practices – "Código País" - to the Financ...
Ecopetrol S.A. Announces Results and Settlement of its Previously Announced Cash Tender Offer for Any and All of its Outstanding 4.125% Notes due 2025
BOGOTÁ, Colombia , Jan. 19, 2024 /PRNewswire/ -- Ecopetrol S.A. ("Ecopetrol" or the "Company") (NYSE: EC) announced today the results of the previously announced cash tender offer (the "Offer") by Eco...
S&P maintains Ecopetrol's credit rating at BB+ and changes its outlook from stable to negative
BOGOTA, Colombia , Jan. 19, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that S&P Global Ratings ("S&P") modified the outlook of Ecopetrol's credit rating from stable to nega...
Ecopetrol issues statement on information published by the media
BOGOTÁ, Colombia , Jan. 18, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) issues statement on the information published by some media outlets regarding the Arauca 8 well, located in t...
Ecopetrol announces changes in senior management
BOGOTA, Colombia , Jan. 17, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, the following changes will be made in its senior management: Alejandro Arango, who has been ser...