Ecopetrol S.A. operates as an integrated oil and gas company. The company operates through three segments: Exploration and Production; Transport and Logistics; and Refining, Petrochemical and Biofuels. It engages in the exploration, production, and sale of oil and gas; offshore exploration; energy supply services; specialized management services; and distribution of natural gas and LPG activities. It also transports and distributes hydrocarbons and derivative products. As of December 31, 2020, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. In addition, the company manufactures and commercializes polypropylene resins, compounds, and masterbatches; and offers refined and petrochemical products, and biofuels, as well as industrial service sales to customers. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, South America, and internationally. Ecopetrol S.A. has a strategic alliance with Occidental Petroleum Corporation. 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.
IPO Year:
Exchange: NYSE
Website: ecopetrol.com.co
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/18/2025 | $9.00 → $14.00 | Neutral → Buy | Citigroup |
| 2/13/2025 | $9.50 | Underweight → Neutral | Analyst |
| 9/25/2024 | $12.00 → $8.50 | Neutral → Underweight | JP Morgan |
| 5/30/2024 | Neutral → Underperform | BofA Securities | |
| 3/4/2024 | $11.00 → $8.50 | Equal-Weight → Underweight | Morgan Stanley |
| 9/21/2023 | $11.20 | Underperform | Jefferies |
| 9/13/2023 | Buy → Neutral | Citigroup | |
| 8/23/2023 | $11.50 | Neutral | BofA Securities |
| 2/10/2023 | $12.50 → $12.00 | Buy → Hold | HSBC Securities |
| 2/9/2023 | $13.00 | Buy → Neutral | UBS |
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BOGOTÁ, Colombia, May 28, 2026 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL) (NYSE:EC) (the "Company") announces that its Board of Directors, at its universal meeting held today, authorized the postponement of the start date of the unpaid leave granted to the Company's Chief Executive Officer, Ricardo Roa Barragán, which had been disclosed on April 6, 2026. This decision was made considering a duly reported medical leave notified on May 26, 2026, for a period of 30 calendar days. The unpaid leave, which was originally scheduled to begin on May 28, 2026, for a period of 30 cale
BOGOTA, Colombia, May 26, 2026 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that today its Brazilian subsidiary, Ecopetrol Investimentos do Brasil LTDA, after obtaining approval from B3, launched a voluntary Tender Offer (TO) on Brazil's B3 stock exchange at a price of R$23.00 per share to acquire 116,110,717 common shares of Brava Energia S.A. (B3: BRAV3) ("Brava" or the "Company"), representing approximately 25% of its issued and outstanding shares. This offer price represents a premium of approximately 20.9% over the Company's 90-day VWAP prior to the date of this announcement.
BOGOTA, Colombia , May 20, 2026 /PRNewswire/ -- Ecopetrol S.A ((BVC: ECOPETROL, NYSE:EC) announces that, pursuant to the Investment Framework Agreement entered into with AES Colombia & CIA SCA E.S.P. ("AES Colombia"), as disclosed on April 14, 2025, the conditions precedent and legal requirements for the acquisition of a 49% interest in two of the six projects comprising the wind cluster have been fulfilled. The JK1 and JK2 projects are located in the Department of La Guajira and have an aggregate acquisition value of approximately USD 25.5 million. The projects have an assigned
BOGOTA, Colombia, May 15, 2026 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that, in accordance with External Circular No. 012 of 2022 issued by the Superintendence of Finance of Colombia, it has published its Quarterly Periodic Report as of March 31, 2026. The Quarterly Periodic Report contains information regarding the Company's financial and operational performance, corporate structure and risk management as of March 31, 2026. It also includes detailed information on business performance, corporate governance and sustainability matters, in compliance wi
BOGOTA, Colombia, May 12, 2026 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) hereby announces that Mr. Juan Gonzalo Castaño Valderrama has submitted his resignation as a non-independent member of the Board of Directors, citing personal and professional reasons. His resignation became effective upon the conclusion of the Board of Directors meeting held today. Following this resignation, the Board of Directors will continue to operate with its remaining members, maintaining the quorum necessary to deliberate and the majorities required to make decisions in accordance w
BOGOTA, Colombia, May 12, 2026 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) hereby announces that, within the framework of an investigation conducted by Colombia's General Prosecutor's Office (Fiscalía General de la Nación) against Ecopetrol's President, Ricardo Roa, such authority has formally charged Mr. Ricardo Roa with alleged violations of spending limits pertaining to the 2022 presidential campaign. The hearing took place before the 35th Municipal Criminal Court with Guarantee Control Functions in Bogotá. Under Colombian law, the filing of charges is a formal
BOGOTA, Colombia, May 11, 2026 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) hereby announces that it has duly registered with the Bogotá Chamber of Commerce the amendment to its Bylaws, as approved by the Company's General Shareholders' Meeting on November 11, 2025, and as set forth in Public Deed No. 2670, dated April 21, 2026, granted by the 32nd Notary Office of the Bogotá D.C. Circuit.The content of the amendment was previously disclosed to the market and can be reviewed at the following link:https://www.sec.gov/Archives/edgar/data/1444406/000129281425003910/ex99-1.htmEcopetrol is the largest company in Colombia and one of the main integrated energy companies in the America
BOGOTA, Colombia, April 30, 2026 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) hereby announces that it filed its Annual Report on Form 20–F for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission (SEC) on April 30, 2026. By filing the Form 20–F, Ecopetrol fulfills its reporting obligations to the SEC and ensures the dissemination of information to the New York Stock Exchange (NYSE), bondholders, and the broader market.The Annual Report on Form 20–F includes a detailed description of the Company's business, the risk factors to wh
BOGOTA, Colombia, April 28, 2026 /PRNewswire/ -- Ecopetrol S.A ((BVC: ECOPETROL, NYSE:EC) hereby announces that on Tuesday, May 12, 2026, it will release its financial and operational results for the first quarter of 2026, after market closes. On Wednesday, May 13, 2026, the company's management will hold a virtual earnings conference call, with simultaneous webcasts in Spanish and English, at the following times:Conference Call 09:00 a.m. Colombia Time10:00 a.m. New York TimeTo participate in the conference call, please use the following link and select the preferred language f
BOGOTA, Colombia, April 23, 2026 /PRNewswire/ -- Ecopetrol S.A ((BVC: ECOPETROL, NYSE:EC) hereby announces that on April 23, 2026, it entered into a Share Purchase Agreement with Jive, Yellowstone and Bloco Somah Printemps Quantum, which together constitute a group of significant shareholders holding approximately 26% of the outstanding common shares of the Brazilian company Brava Energia S.A. (B3: BRAV3) ("Brava"), for the acquisition by Ecopetrol S.A., or one of its affiliates or subsidiaries within the Ecopetrol Group, of 120,813,490 shares of Brava, representing approximately 26% of Brava's share capital. Brava was incorporated in 2024 from the merger between 3R Petroleum Óleo e Gás S.A.
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Citigroup upgraded Ecopetrol from Neutral to Buy and set a new price target of $14.00 from $9.00 previously
Analyst upgraded Ecopetrol from Underweight to Neutral and set a new price target of $9.50
JP Morgan downgraded Ecopetrol from Neutral to Underweight and set a new price target of $8.50 from $12.00 previously
BofA Securities downgraded Ecopetrol from Neutral to Underperform
Morgan Stanley downgraded Ecopetrol from Equal-Weight to Underweight and set a new price target of $8.50 from $11.00 previously
Jefferies initiated coverage of Ecopetrol with a rating of Underperform and set a new price target of $11.20
Citigroup downgraded Ecopetrol from Buy to Neutral
BofA Securities resumed coverage of Ecopetrol with a rating of Neutral and set a new price target of $11.50
HSBC Securities downgraded Ecopetrol from Buy to Hold and set a new price target of $12.00 from $12.50 previously
UBS downgraded Ecopetrol from Buy to Neutral and set a new price target of $13.00
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
3 - ECOPETROL S.A. (0001444406) (Issuer)
3 - ECOPETROL S.A. (0001444406) (Issuer)
3 - ECOPETROL S.A. (0001444406) (Issuer)
3 - ECOPETROL S.A. (0001444406) (Issuer)
3 - ECOPETROL S.A. (0001444406) (Issuer)
3 - ECOPETROL S.A. (0001444406) (Issuer)
3 - ECOPETROL S.A. (0001444406) (Issuer)
3 - ECOPETROL S.A. (0001444406) (Issuer)
3 - ECOPETROL S.A. (0001444406) (Issuer)
3 - ECOPETROL S.A. (0001444406) (Issuer)
6-K - ECOPETROL S.A. (0001444406) (Filer)
6-K - ECOPETROL S.A. (0001444406) (Filer)
6-K - ECOPETROL S.A. (0001444406) (Filer)
6-K - ECOPETROL S.A. (0001444406) (Filer)
6-K - ECOPETROL S.A. (0001444406) (Filer)
6-K - ECOPETROL S.A. (0001444406) (Filer)
20-F - ECOPETROL S.A. (0001444406) (Filer)
6-K - ECOPETROL S.A. (0001444406) (Filer)
6-K - ECOPETROL S.A. (0001444406) (Filer)
6-K - ECOPETROL S.A. (0001444406) (Filer)
Live Leadership Updates
BOGOTÁ, Colombia, May 28, 2026 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL) (NYSE:EC) (the "Company") announces that its Board of Directors, at its universal meeting held today, authorized the postponement of the start date of the unpaid leave granted to the Company's Chief Executive Officer, Ricardo Roa Barragán, which had been disclosed on April 6, 2026. This decision was made considering a duly reported medical leave notified on May 26, 2026, for a period of 30 calendar days. The unpaid leave, which was originally scheduled to begin on May 28, 2026, for a period of 30 cale
BOGOTA, Colombia, March 30, 2026 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that its Ordinary General Shareholders' Meeting took place on March 27, 2026, at 9:21 a.m., after the Company duly convened the meeting in accordance with all applicable legal and bylaw requirements. During the meeting, shareholders voted on each item on the agenda as detailed below: Approval of the AgendaThe shareholders approved the agenda proposed for the meeting.Appointment of the Chairman of the General Shareholders' MeetingThe shareholders appointed Mr. Germán Ávila, Minist
BOGOTA, Colombia, Feb. 5, 2026 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) ("Ecopetrol" or the "Company") announces that, during the Extraordinary Shareholders' Meeting held on February 5, 2026, at 8:40 a.m., duly convened in accordance with the legal and statutory requirements applicable to the Company, the shareholders approved the election of the members of Ecopetrol's Board of Directors for the remainder of the 2025–2029 term, pursuant to Article 187, paragraph 4, of the Colombian Commercial Code. The shareholders also addressed the remaining items on the agenda, as detailed below:
BOGOTA, Colombia, Nov. 18, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that the Board of Directors appointed Mr. Juan Carlos Hurtado Parra as Alternate Legal and Commercial Representative of Ecopetrol S.A. on November 18, 2025. Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 19,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the compan
BOGOTA, Colombia, Nov. 12, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that the Board of Directors appointed the following leadership positions, during its meeting on November 11, 2025, all of which will be effective as of November 16: Juan Carlos Hurtado Parra as Executive Vice President of Hydrocarbons. Mr. Hurtado, who previously served as Vice President of Exploration, Development, and Production, holds a degree in Electrical Engineering from Universidad Industrial de Santander, a specialization in project evaluation and development from Univer
BOGOTA, Colombia, Nov. 12, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that the Ecopetrol's shareholders approved the amendment to its bylaws during the extraordinary General Shareholders' Meeting held on November 11, 2025 at 8:35 a.m., which was duly convened in compliance with the applicable legal and statutory requirements, in accordance with Article 187, paragraph 1 of the Colombian Commercial Code, and addressed the remaining items on the agenda as reported by the Secretary of the meeting, as outlined below: i. Agenda Approval The proposed a
BOGOTA, Colombia, Oct. 15, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) ("Ecopetrol" or the "Company") announces that, through a letter dated October 14, 2025, Dr. Mónica De Greiff Lindo communicated her intention to resign from her position as an independent member of the board of directors. The resignation becomes effective as of today. Ecopetrol expects to notify its majority shareholder of Dr. De Greiff Lindo's resignation and to initiate the necessary procedures to appoint her replacement. Ecopetrol plans to notify the market about the appointment of Dr. De Greiff's replacement in due course and in accordance with the disclosure regulations applicable to the Company.
BOGOTA D.C., Colombia, June 4, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that the Board of Directors appointed Rodolfo Mario García Paredes as Acting Corporate Compliance Director and Interim Anti-Money Laundering Compliance Officer at its June 3, 2025 meeting, effective as of June 4, 2025. Mr. García Paredes, who has most recently served as Legal Manager of Hydrocarbons, is an attorney specializing in public management and institutions. For more than 25 years he has belonged to Ecopetrol's Corporate Legal Vice Presidency, where he has held senior positions, including Legal Advisory Manager for Exploration, Legal Manager for New Business, Corporate Affairs, and
GeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent energy company with over 20 years of successful operations across Latin America, announces the appointment of Felipe Bayon as its new Chief Executive Officer and a member of the Board of Directors, effective June 1, 2025. This appointment follows the decision of Andrés Ocampo to step down for personal reasons. Mr. Bayon is recognized as one of the most effective energy executives in Latin America with more than three decades of accomplishments in the international oil and gas industry. From 2017 to 2023, Mr. Bayon was CEO of Ecopetrol (NYSE:EC), one of the most important energy groups in Latin America, where he
BOGOTA, Colombia, March 31, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) informs that during the ordinary General Shareholders' Meeting held on March 28, 2025, which was duly convened in accordance with the legal and statutory requirements applicable to the Company, the shareholders cast their votes on each of the below items on the agenda: Approval of the agendaThe proposed agenda for the meeting was approved. Appointment of the Chair of the MeetingMr. Guillermo García Realpe, Chair of the Board of Directors, was appointed as Chair of the Meeting. Appointmen
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BOGOTA, Colombia, April 28, 2026 /PRNewswire/ -- Ecopetrol S.A ((BVC: ECOPETROL, NYSE:EC) hereby announces that on Tuesday, May 12, 2026, it will release its financial and operational results for the first quarter of 2026, after market closes. On Wednesday, May 13, 2026, the company's management will hold a virtual earnings conference call, with simultaneous webcasts in Spanish and English, at the following times:Conference Call 09:00 a.m. Colombia Time10:00 a.m. New York TimeTo participate in the conference call, please use the following link and select the preferred language f
BOGOTA, Columbia, April 9, 2026 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) ("Ecopetrol") informs that S&P Global Ratings, in its report dated April 8, 2026, revised Ecopetrol's global credit rating from BB to BB-, with a stable outlook, in line with the adjustment made to the sovereign credit rating of the Republic of Colombia on the same date. S&P affirmed Ecopetrol's Stand-Alone Credit Profile (SACP) at bb+.In its report, S&P stated that Ecopetrol's global credit rating continues to be constrained by Colombia's sovereign rating, considering the Ecopetrol's relev
AM Best has upgraded the Financial Strength Rating (FSR) to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to "a-" (Excellent) from "bbb+" (Good) of Black Gold Re Limited (BGRe) (Bermuda). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect BGRe's balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). The upgrading of these ratings also reflects BGRe's consistently robust balance sheet fundamentals, supported by strong internal capital generation and a sustained trend
BOGOTA, Colombia, March 4, 2026 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) ("Ecopetrol" or the "Company") announces that, the Company's proposal for the distribution of 2025 earnings, which has been approved by its board of directors, and is intended to be submitted for the consideration of the General Shareholders' Meeting expected to be held on March 26, 2026.2025 EARNINGS DISTRIBUTION PROPOSAL (Colombian Pesos- COP) Net income after provision for income tax9,028,764,859,338 + Release of reserves from previous years17,144,573,697,440Occasional reserve for sustainability16,635,492,094,077Excess fiscal depreciation reserve (Art.130 ET.)509,081,603,363 - Legal reserves of t
BOGOTÁ, Colombia, March 2, 2026 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that on Wednesday, March 4, 2026, it plans to release its financial and operating results for the fourth quarter of 2025 and for the full year, after the market closes. On Thursday, March 5, 2026, management plans to hold a virtual conference, with simultaneous transmission in Spanish and English at the following times:Conference09:00 a.m. Colombia Time09:00 a.m. New York TimeTo participate in the conference, please use the following link and select your preferred language for the broadcast:https://xegmenta.co/ecopetrol/conferencia-de-resultados-4t-2025/Participants may ask questions via the p
BOGOTÁ, Colombia, Feb. 18, 2026 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that on Wednesday, March 4, 2026, it plans to release its financial and operating results for the fourth quarter of 2025 and for the full year, after the market closes. On Thursday, March 5, 2026, management plans to hold a virtual conference, with simultaneous transmission in Spanish and English at the following times:Conference09:00 a.m. Colombia Time09:00 a.m. New York TimeTo participate in the conference, please use the following link and select your preferred language for the broadcast:https://xegmenta.co/ecopetrol/conferencia-de-resultados-4t-2025/Participants may ask questions via the p
BOGOTA, Colombia, Nov. 13, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that it has successfully closed the transaction with Statkraft European Wind and Solar Holding AS ("Statkraft") on November 13, 2025 for the acquisition of one company engaged in the development and operation of Statkraft's portfolio in Colombia, and six special purpose entities owning solar projects (approximately 0.6 GW), for a total consideration of USD157.5 million. These assets were previously owned by Statkraft subsidiaries Enerfín Sociedad de Energía S.L.U and Enerfin Enervento Exterior S.L. The payment was enabled through incremental debt financing contemplated in the funding plan for
BOGOTA, Colombia, Oct. 30, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that after market close on Thursday, November 13, 2025, it plans to release its financial and operating results for the third quarter of 2025. On Friday, November 14, 2025, Ecopetrol's senior management team plans to host a single virtual conference call to review the results, with transmission in Spanish and English. Please find below the time and links to access the conference call: Conference Call 09:00 a.m. Col Time 09:00 a.m. NY Time To access the webcast, participants can
BOGOTÁ, Colombia, July 30, 2025 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) announces that after market close on Tuesday, August 12, 2025, it plans to release its financial and operating results for the second quarter of 2025. On Wednesday, August 13, 2025, Ecopetrol's senior management plans to host a single virtual conference call to review the results, with transmission in Spanish and English. Please find below the time and links to access the conference call: Conference Call 09:00 a.m. Col Time 10:00 a.m. NY Time To access the webcast, participants can use th
BOGOTA, Colombia, July 7, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL, NYSE:EC, the ", Company", or ", Ecopetrol", and together with its subsidiaries, the ", Ecopetrol Group", ) has completed the acquisition of 100% of the shares of Wind Autogeneración S.A.S., from Enel S.A.S. The transaction was approved by Ecopetrol's Board of Directors in December 2024. Ecopetrol executed the share purchase agreement and recently completed conditions precedent for closing, including regulatory and anti-trust authorizations. The Windpeshi project, located in La Guajira, between the m