Ecopetrol S.A. (EC) Financials

NYSE:EC

Market Cap

26.05B

Total Revenue

159.47T

Gross Profit

70.02T

Operating Income

60.38T

Net Income

33.41T

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	70,428,714,000,000	68,925,338,000,000	52,090,927,000,000	47,732,000,000,000	55,210,000,000,000	67,820,000,000,000	70,847,000,000,000	50,027,000,000,000	91,744,000,000,000	159,474,000,000,000
costOfRevenue	42,554,282,000,000	45,054,016,000,000	36,994,516,000,000	34,236,000,000,000	36,893,000,000,000	41,170,000,000,000	44,958,000,000,000	37,553,000,000,000	55,582,000,000,000	89,458,000,000,000
grossProfit	27,874,432,000,000	23,871,322,000,000	15,096,411,000,000	13,496,000,000,000	18,317,000,000,000	26,650,000,000,000	25,889,000,000,000	12,474,000,000,000	36,162,000,000,000	70,016,000,000,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	3,228,979,000,000	2,986,236,000,000	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	1,455,717,000,000	1,677,391,000,000	1,194,740,000,000	3,673,000,000,000	2,843,000,000,000	3,205,000,000,000	2,963,000,000,000	4,152,000,000,000	5,608,000,000,000	8,123,000,000,000
sellingGeneralAndAdministrativeExpenses	4,684,696,000,000	4,663,627,000,000	1,194,740,000,000	3,673,000,000,000	2,843,000,000,000	3,205,000,000,000	2,963,000,000,000	4,152,000,000,000	5,608,000,000,000	8,123,000,000,000
operatingExpenses	6,039,703,000,000	7,269,333,000,000	5,356,713,000,000	4,401,000,000,000	4,185,000,000,000	4,592,000,000,000	3,726,000,000,000	4,841,000,000,000	6,568,000,000,000	9,635,000,000,000
operatingIncome	21,834,729,000,000	16,601,989,000,000	1,455,949,000,000	8,253,000,000,000	15,505,000,000,000	22,058,000,000,000	22,163,000,000,000	7,633,000,000,000	29,594,000,000,000	60,381,000,000,000
totalOtherIncomeExpensesNet	1,825,000,000	-464,838,000,000	-8,248,628,000,000	116,000,000,000	1,412,000,000,000	527,000,000,000	-1,316,000,000,000	-2,393,000,000,000	-3,272,000,000,000	-6,067,000,000,000
ebitda	31,293,130,000,000	32,240,121,000,000	24,793,805,000,000	16,904,000,000,000	21,905,000,000,000	29,537,000,000,000	30,789,000,000,000	16,288,000,000,000	38,981,000,000,000	71,119,000,000,000
depreciationAndAmortization	5,518,089,000,000	6,483,366,000,000	6,770,358,000,000	7,592,000,000,000	8,267,000,000,000	7,690,000,000,000	8,626,000,000,000	8,655,000,000,000	9,387,000,000,000	10,738,000,000,000
interestIncome	3,938,487,000,000	9,619,604,000,000	293,507,000,000	386,001,000,000	405,562,000,000	383,624,000,000	481,674,000,000	299,246,000,000	266,116,000,000	965,952,000,000
interestExpense	3,892,834,000,000	10,336,008,000,000	2,396,445,000,000	2,378,000,000,000	1,980,000,000,000	2,017,000,000,000	1,415,000,000,000	2,085,000,000,000	2,829,000,000,000	4,551,000,000,000
incomeBeforeTax	21,882,207,000,000	15,420,747,000,000	-2,476,279,000,000	7,060,000,000,000	13,037,000,000,000	20,202,000,000,000	20,847,000,000,000	5,240,000,000,000	26,322,000,000,000	54,314,000,000,000
incomeTaxExpense	8,088,838,000,000	7,135,068,000,000	606,567,000,000	4,656,000,000,000	5,635,000,000,000	7,415,000,000,000	5,067,000,000,000	1,868,000,000,000	7,598,000,000,000	17,254,000,000,000
netIncome	13,106,503,000,000	7,510,270,000,000	-3,987,726,000,000	1,565,000,000,000	6,620,000,000,000	11,810,000,000,000	14,529,000,000,000	3,372,000,000,000	16,695,000,000,000	33,406,000,000,000
eps	6,375.2	2,454	-1,939.71	1,190	3,492	5,744.63	6,685.4	1,640.21	7,612	16,249.36
epsdiluted	6,375.2	2,454	-1,939.71	1,190	3,492	5,744.63	6,685.4	1,640.21	7,612	16,249.36
weightedAverageShsOut	2,055,834,923	2,056,445,395	2,055,834,734	2,055,834,734	2,055,834,734	2,055,834,734	2,055,834,734	2,055,834,734	2,055,834,734	2,055,834,734
weightedAverageShsOutDil	2,055,834,923	2,056,445,395	2,055,834,734	2,055,834,734	2,055,834,734	2,055,834,734	2,055,834,734	2,055,834,734	2,055,834,734	2,055,834,734
costAndExpenses	48,593,985,000,000	52,323,349,000,000	42,351,229,000,000	38,637,000,000,000	41,078,000,000,000	45,762,000,000,000	48,684,000,000,000	42,394,000,000,000	62,150,000,000,000	99,093,000,000,000
otherExpenses	1,825,000,000	-509,752,000,000	4,371,740,000,000	2,840,906,000,000	2,876,588,000,000	2,422,400,000,000	763,000,000,000	689,000,000,000	960,000,000,000	1,512,000,000,000

Key Facts

Industry

Oil & Gas Integrated

Sector

Energy

Headquarters

Bogotá, , CO

Website

ecopetrol.com.co

CEO

Mr. Ricardo Roa Barragan

Employees

18903

About the Company

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.