Ecopetrol

Ecopetrol SA engages in the exploration, development, and production of crude oil and natural gas. It operates through the following segments: Exploration and Production, Transportation and Logistics, and Refining and Petrochemicals. The Exploration and Production segment deals with oil and gas exploration and production activities. The Transportation and Logistics segment comprises of pipelines and other transportation activities. The Refining and Petrochemicals segment involves in refining activities and its products include motor fuels, fuel oils, and petrochemicals. The company was founded in 1948 and is headquartered in Bogota, Colombia.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Ecopetrol excels in Q2 with strong financials and sustainability focus

Ecopetrol's Q2 performance reflects financial strength, operational resilience, and commitment to sustainability and innovation.
Challenges include environmental factors, gasoline imports, and limited refining capacity growth opportunities in Colombia.
Opportunities exist in resolving disputes, aligning fuel prices, and investing in low-emission businesses for future growth and competitiveness.
Debt refinancing, capital allocation plans, and market monitoring demonstrate financial prudence and strategic planning by Ecopetrol.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BOGOTA, Colombia, March 18, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that on March 17, 2022, it became aware of certain false information published on a now-deactivated website (https://secureleads.org/), which purported to give Colombians an opportunity to access the Company's profits by investing COP 960,000 in cryptocurrency for trading in an instrument called "Bitcoin Ecopetrol" and which would generate COP 20,000,000 in profits in one week.

Ecopetrol rectifies false information published on a third-party website

Antero Resources

Canadian Natural Resources

ConocoPhillips

EOG Resources

Equinor

Marathon Oil

Finding stability in crazy markets is always a good choice. The post 7 Stable Energy Stocks for Uncertain Times appeared first on InvestorPlace.

7 Stable Energy Stocks for Uncertain Times

Accenture Plc

HOUSTON--(BUSINESS WIRE)--Ecopetrol, Accenture and Amazon Web Services announced a solution for water intelligence to help advance sustainability for energy companies.

Ecopetrol, Accenture and AWS Work to Help Companies Advance Journey to Water Neutrality Through First-of-its-Kind Open Platform

Ecopetrol (EC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Ecopetrol (EC) Stock Might be a Great Pick

Ecopetrol S.A. (EC) CEO Felipe Pardo on Q4 2021 Results - Earnings Call Transcript

BOGOTA, Colombia, March 1, 2022 /PRNewswire/ --Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announced today the Ecopetrol Group´s financial results for the fourth quarter and year end for 2021, prepared in accordance with the International Financial Reporting Standards applicable in Colombia.

Ecopetrol Group announces fourth quarter and full-year 2021 Results

BOGOTA, Colombia, March 1, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") hereby informs of the Company's 2021 earnings distribution proposal, approved by the Board of Directors of Ecopetrol S.A.

Ecopetrol's 2021 Earnings Distribution Proposal

Peabody Energy

EnLink Midstream

Hope Bancorp

ICL-Israel Chemicals

Newmark Group

Petroleo Brasileiro

When seeking cheap stocks to buy, focus on low-priced stocks that represent quality companies and offer bargain-bin valuations. The post 7 of the Best Cheap Stocks to Buy Under $20 appeared first on InvestorPlace.

7 of the Best Cheap Stocks to Buy Under $20

Ecopetrol (EC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Ecopetrol (EC) Might Surprise This Earnings Season

BOGOTÁ, Colombia, Feb. 24, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that it has released the text of the amendments to its bylaws that will be submitted for consideration at the General Shareholders' Meeting, which will be held on March 30, 2022.

Ecopetrol Publishes The Text Of The Amendment To Its Bylaws That Will Be Submitted For Consideration At Its General Shareholder's Meeting

BOGOTÁ, Feb. 24, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that to comply with the provisions of Part III Title I Chapter VI of the Basic Legal Circular issued by the Financial Superintendence of Colombia (E.C.

Ecopetrol Publishes Measures To Guarantee The Adequate Representation Of Its Shareholders At The Ordinary General Shareholders' Meeting To Be Held On March 30, 2022

BOGOTA, Colombia, Feb. 22, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Tuesday March 1, 2022, after market close, it will release its financial and operating results for the fourth quarter and full year 2021.

Ecopetrol announces the dates of the publication of its fourth quarter and full year 2021 earnings report and conference calls

BOGOTÁ, Colombia, Feb. 9, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces the launch of its 2040 strategy and its operational and financial targets for the 2022 - 2024 term (22 – 24 Plan).

The Ecopetrol Group launches its 2040 Strategy "Energy that Transforms" and reveals the operational and financial targets of its 2022 - 2024 Business Plan

Proven oil and gas reserves increased by 13%, up to 2,002 MBOE [1] - The Reserve-Replacement Ratio (RRR) of 200% implies that, for each barrel produced in the year by the Company, two barrels were added to reserves. - The Ecopetrol Group's average reserve life increased to 8.7 years, exceeding the 2014 figure when the average Brent was USD 102 per barrel (compared to USD 69.2 per barrel in 2021).

The Ecopetrol Group achieved a Reserve-Replacement Ratio of 200% in 2021, the highest in the last 12 years

Does Ecopetrol (EC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Ecopetrol (EC) is a Great Momentum Stock: Should You Buy?

BOGOTÁ, Colombia, Dec. 17, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC), informs that the Sustainable Development Corporation of the Macarena Special Management Area CORMACARENA, through Resolution No.

Ecopetrol Informs About A Sanction Imposed By CORMACARENA

Ecopetrol (EC) says that roughly 63% of the capital budget will be allocated for exploration and production activities.

Ecopetrol (EC) Provides a Glimpse of Its 2022 Capital Budget

The Investment Plan of the Ecopetrol Group (GE for its Spanish acronym) for 2022, approved by the Board of Directors, is oriented towards profitable growth in production within the framework of the energy transition strategy and the continuity of Interconexión Eléctrica S.A.'s (ISA) 2030 Strategic Plan.

The Ecopetrol Group expects to invest between USD 4.8 and USD 5.8 billion in 2022

BOGOTA, Colombia, Nov. 23, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that Fitch Ratings affirmed the Company's credit rating at BB+ with a stable outlook and the stand-alone rating at bbb (without incorporating government support).

Fitch Ratings Maintained Rating Of Ecopetrol S.A. At BB+, With A Stable Outlook

Ecopetrol SA (EC) CEO Felipe Pardo on Q3 2021 Results - Earnings Call Transcript

BOGOTÁ, Colombia, Nov. 9, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announced today the Ecopetrol Group's financial results for the third quarter of 2021.

Ecopetrol Group Announces Third Quarter 2021 Results

Alexandria Real Estate Equities

Lennar

Valero Energy

When looking for bargains, investors may want to consider the following four companies, as their stocks have low price-to-median-price-sales values when compared to the average of the S&P 500 (which stands at around 1.68 as of the writing of this article).

4 Low Price-to-Median-Price-Sales Value Stocks

BOGOTÁ, Colombia, Nov. 3, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Tuesday November 9, 2021, after market close, it will release its financial and operating results for the third quarter of 2021.

Ecopetrol announces the dates of the publication of its third quarter 2021 earnings report and conference calls

Why Earnings Season Could Be Great for Ecopetrol (EC)

BOGOTÁ, Colombia, Oct. 26, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Ecopetrol" or the "Company") hereby reports that starting November 1, 2021, Nicolás Azcuénaga Ramírez has been appointed as the new Corporate Vice President of Strategy and New Businesses, taking over for Juan Manuel Rojas.

News for Ecopetrol Stock (EC)