Ecopetrol S.A. (EC)

CO — Energy Sector
Peers: DVN  CTRA  VG  TS  YPF  FTI  PBA  TPL  WES  HAL 

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Key Metrics & Ratings

  • symbol EC
  • Rev/Share 61127.6894
  • Book/Share 52051.849
  • PB 0.9174
  • Debt/Equity 1.4157
  • CurrentRatio 1.5283
  • ROIC 0.0731

 

  • MktCap 74045504357364.89
  • FreeCF/Share 8370.8823
  • PFCF 4.3027
  • PE 7.1853
  • Debt/Assets 0.3915
  • DivYield 0.161
  • ROE 0.1284

 

  • Rating B+
  • Score 3
  • Recommendation Neutral
  • P/E Score 3
  • DCF Score 3
  • P/B Score 3
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Upgrade EC Citigroup Neutral Buy $9 $14 Feb. 18, 2025
Upgrade EC JP Morgan Underweight Neutral -- $9.5 Feb. 13, 2025
Downgrade EC JP Morgan Neutral Underweight $12 $8.5 Sept. 25, 2024

News

Is Ecopetrol (EC) Stock Outpacing Its Oils-Energy Peers This Year?
EC
Published: March 28, 2025 by: Zacks Investment Research
Sentiment: Positive

Here is how Ecopetrol (EC) and Expand Energy (EXE) have performed compared to their sector so far this year.

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image for news Is Ecopetrol (EC) Stock Outpacing Its Oils-Energy Peers This Year?
Ecopetrol publishes draft chapter on social and environmental issues, including climate, for the year 2024
EC
Published: March 07, 2025 by: PRNewsWire
Sentiment: Neutral

BOGOTA, Colombia , March 7, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that, in accordance with External Circular 031 of 2021 issued by the Superintendency of Finance of Colombia, it has published the draft chapter on practices, policies, processes and indicators related to social and environmental issues, including climate, which can be consulted in Spanish on Ecopetrol's website.

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image for news Ecopetrol publishes draft chapter on social and environmental issues, including climate, for the year 2024
Ecopetrol Unveils $2 Billion Debt Plan to Fund Inorganic Investments
EC
Published: March 06, 2025 by: Zacks Investment Research
Sentiment: Neutral

EC's board approves additional debt funding worth $2 billion, which includes $1 billion in structural debt. Further, $1 billion has been authorized as a temporary measure.

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image for news Ecopetrol Unveils $2 Billion Debt Plan to Fund Inorganic Investments
Minority Shareholders Nominate Candidate for Board of Directors
EC
Published: March 06, 2025 by: PRNewsWire
Sentiment: Neutral

BOGOTA, Colombia , March 6, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") announces that, in accordance with the declaration of the Nation as the majority shareholder and following the established procedure therein, the representatives of the minority shareholders formally informed the Company that they had agreed to nominate Dr. Luis Felipe Henao Cardona as their candidate to the Board of Directors.

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image for news Minority Shareholders Nominate Candidate for Board of Directors
Ecopetrol Announces Nomination of Candidate for Board of Directors
EC
Published: March 06, 2025 by: PRNewsWire
Sentiment: Neutral

BOGOTA, Colombia , March 6, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") announces that, in accordance with the declaration of the Nation, as the majority shareholder and following the established procedure therein, representatives of the hydrocarbon producing departments in which Ecopetrol operates have unanimously agreed to nominate Dr. Ricardo Rodriguez Yee as their candidate to the Board of Directors.

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image for news Ecopetrol Announces Nomination of Candidate for Board of Directors
Ecopetrol plans up to $2 billion more debt to fund acquisitions
EC
Published: March 05, 2025 by: Reuters
Sentiment: Negative

Colombia's majority state-owned oil producer Ecopetrol is planning to raise up to $2 billion in additional debt this year to fund investments, and would consider seeking funds from banks and capital markets, a top official said on Wednesday.

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image for news Ecopetrol plans up to $2 billion more debt to fund acquisitions
Ecopetrol S.A.: STRONG OPERATIONAL AND FINANCIAL GOAL ACHIEVEMENT
EC
Published: March 04, 2025 by: PRNewsWire
Sentiment: Neutral

BOGOTA, Colombia , March 4, 2025 /PRNewswire/ -- 2024 concluded with a robust operating performance that boosted our results across the company aligned with the goals set out at the beginning of the year. We introduced a solid financial and investment plan for 2025, which is the result of a rigorous planning process of the entire Ecopetrol Group, aiming to create sustainable value for our shareholders.

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image for news Ecopetrol S.A.: STRONG OPERATIONAL AND FINANCIAL GOAL ACHIEVEMENT
Ecopetrol's 2024 Earnings Distribution Proposal
EC
Published: March 04, 2025 by: PRNewsWire
Sentiment: Neutral

BOGOTA, Colombia , March 4, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") hereby announces the Company's proposal for the distribution of 2024 earnings, which has been approved by its board of directors, and is intended to be submitted for the consideration of the General Shareholders' Meeting that will be held on March 28, 2025: 2024 EARNINGS DISTRIBUTION PROPOSAL (Colombian Pesos- COP) Net income after provision for income tax 14,934,704,561,251 + Release of reserves from previous years 12,502,312,256,016 Occasional reserve for sustainability 11,993,230,652,653 Excess fiscal depreciation reserve (Art.130 ET.

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image for news Ecopetrol's 2024 Earnings Distribution Proposal
Moody's Maintains Ecopetrol's Global Credit Rating at Ba1 with a Stable Outlook
EC
Published: February 27, 2025 by: PRNewsWire
Sentiment: Neutral

BOGOTA, Colombia , Feb. 27, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company" or "Ecopetrol") informs that, on February 24, 2025, Moody's reported the results of its periodic review of the Company's rating, maintaining its global credit rating at Ba1 with a stable outlook.

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image for news Moody's Maintains Ecopetrol's Global Credit Rating at Ba1 with a Stable Outlook
Ecopetrol (EC) Stock Slides as Market Rises: Facts to Know Before You Trade
EC
Published: February 26, 2025 by: Zacks Investment Research
Sentiment: Negative

Ecopetrol (EC) concluded the recent trading session at $10.12, signifying a -1.36% move from its prior day's close.

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image for news Ecopetrol (EC) Stock Slides as Market Rises: Facts to Know Before You Trade
Ecopetrol (EC) Advances While Market Declines: Some Information for Investors
EC
Published: February 20, 2025 by: Zacks Investment Research
Sentiment: Neutral

Ecopetrol (EC) closed the most recent trading day at $10.94, moving +0.27% from the previous trading session.

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image for news Ecopetrol (EC) Advances While Market Declines: Some Information for Investors
Ecopetrol (EC) Laps the Stock Market: Here's Why
EC
Published: February 19, 2025 by: Zacks Investment Research
Sentiment: Neutral

Ecopetrol (EC) closed at $10.91 in the latest trading session, marking a +0.74% move from the prior day.

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image for news Ecopetrol (EC) Laps the Stock Market: Here's Why
Ecopetrol announces the dates for the publication of its fourth quarter and full year 2024 earnings report and conference call
EC
Published: February 18, 2025 by: PRNewsWire
Sentiment: Neutral

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 results for the fourth quarter and full year of 2024.

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image for news Ecopetrol announces the dates for the publication of its fourth quarter and full year 2024 earnings report and conference call

About Ecopetrol S.A. (EC)

  • IPO Date 2008-09-18
  • Website https://www.ecopetrol.com.co
  • Industry Oil & Gas Integrated
  • CEO Ricardo Roa Barragan
  • Employees 18903

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; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services. As of December 31, 2021, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. It also produces and commercializes polypropylene resins and compounds, and masterbatches; and offers industrial service sales to customers and specialized management services. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, South America, and internationally. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was incorporated in 1948 and is based in Bogotá, Colombia.