(EC) Ecopetrol - Overview

Exchange: NYSE • Country: Colombia • Currency: USD • Type: Common Stock • ISIN: US2791581091

Stock: Oil, Gas, Refining, Petrochemicals, Energy

Total Rating 43
Risk 30
Buy Signal -0.01
Oil & Gas Integrated +11.8
Integrated Oil & Gas +9.6
Market Cap: 24,864m
Avg Trading Vol: 45.7M USD
ATR: 3.80%
Peers RS (IBD): 60.5
Risk 5d forecast
Volatility 39.6%
Relative Tail Risk -2.95%
Reward TTM
Sharpe Ratio 1.46
Alpha 59.86
Character TTM
Beta 0.407
Beta Downside 1.724
Drawdowns 3y
Max DD 38.26%
CAGR/Max DD 0.91

EPS (Earnings per Share)

EPS (Earnings per Share) of EC over the last years for every Quarter: "2021-03": 0.42, "2021-06": 0.49, "2021-09": 0.48, "2021-12": 0.76, "2022-03": 3516.92, "2022-06": 1.3, "2022-09": 1.06, "2022-12": 0.69, "2023-03": 3028.52, "2023-06": 0.45, "2023-09": 0.61, "2023-12": 0.51, "2024-03": 0.5, "2024-06": 0.42, "2024-09": 0.3997, "2024-12": 0.4356, "2025-03": 0.3632, "2025-06": 905.83, "2025-09": 2.39, "2025-12": 0.3595,
EPS CAGR: -91.37%
EPS Trend: -26.2%
Last SUE: -4.00
Qual. Beats: 0

Revenue

Revenue of EC over the last years for every Quarter: 2021-03: 17206000, 2021-06: 19444000, 2021-09: 23333000, 2021-12: 31761000, 2022-03: 32472744, 2022-06: 43885000, 2022-09: 43438000, 2022-12: 39712284, 2023-03: 38854000, 2023-06: 34300000, 2023-09: 35130000, 2023-12: 31780961, 2024-03: 31302000, 2024-06: 32627000, 2024-09: 34607000, 2024-12: 34792000, 2025-03: 31365000, 2025-06: 29669000, 2025-09: 29840000, 2025-12: 28465745.478,
Rev. CAGR: -3.45%
Rev. Trend: -76.4%
Last SUE: -0.04
Qual. Beats: 0

Description: EC Ecopetrol March 05, 2026

Ecopetrol S.A. is an integrated energy company headquartered in Bogotá, Colombia. The company operates across four segments: Exploration and Production, Transport and Logistics, Refining and Petrochemicals, and Electric Power Transmission and Toll Roads Concessions. Integrated oil and gas companies manage the entire value chain from extraction to sale of refined products.

The Exploration and Production segment focuses on oil and gas discovery and extraction. The Transport and Logistics segment handles crude oil, fuel, and refined product transportation, a critical component in the energy sectors supply chain. The Refining and Petrochemicals segment processes crude oil and distributes natural gas and LPG. Refining involves converting crude oil into usable products like gasoline and diesel.

The Electric Power Transmission and Toll Roads Concessions segment engages in electric power transmission, IT/telecommunications services, and infrastructure development. This diversification into non-oil and gas sectors is a strategy some energy companies employ to broaden revenue streams. Ecopetrol operates globally, with a significant presence in Colombia, other parts of South America, the United States, and Europe.

Further research on ValueRay can provide detailed financial metrics and competitive analysis.

Headlines to watch out for

  • Global oil prices directly impact Ecopetrols exploration and production revenue
  • Colombian government policy and regulation influence operations and profitability
  • Refining margins affect downstream segment performance
  • Transportation and logistics volumes drive midstream earnings
  • Diversification into power and infrastructure provides new revenue streams

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income: 8991.50b TTM > 0 and > 6% of Revenue
FCF/TA: 0.06 > 0.02 and ΔFCF/TA -3.93 > 1.0
NWC/Revenue: 15.85% < 20% (prev -17.47%; Δ 33.32% < -1%)
CFO/TA 0.10 > 3% & CFO 28161.86b > Net Income 8991.50b
Net Debt (98400.91b) to EBITDA (38594.30b): 2.55 < 3
Current Ratio: 1.55 > 1.5 & < 3
Outstanding Shares: last quarter (2.03b) vs 12m ago -1.17% < -2%
Gross Margin: 31.45% > 18% (prev 0.38%; Δ 3.11k% > 0.5%)
Asset Turnover: 41.00% > 50% (prev 44.70%; Δ -3.70% > 0%)
Interest Coverage Ratio: 3.49 > 6 (EBITDA TTM 38594.30b / Interest Expense TTM 6525.08b)

Altman Z'' 1.55

A: 0.07 (Total Current Assets 53387.98b - Total Current Liabilities 34477.18b) / Total Assets 283833.88b
B: 0.04 (Retained Earnings 10451.84b / Total Assets 283833.88b)
C: 0.08 (EBIT TTM 22761.47b / Avg Total Assets 291038.02b)
D: 0.44 (Book Value of Equity 77069.69b / Total Liabilities 174704.42b)
Altman-Z'' Score: 1.55 = BB

Beneish M -1.50

DSRI: 2.78 (Receivables 29362.64b/11816.28b, Revenue 119339.75b/133328.00b)
GMI: 1.21 (GM 31.45% / 37.98%)
AQI: 1.03 (AQ_t 0.43 / AQ_t-1 0.42)
SGI: 0.90 (Revenue 119339.75b / 133328.00b)
TATA: -0.07 (NI 8991.50b - CFO 28161.86b) / TA 283833.88b)
Beneish M-Score: -1.50 (Cap -4..+1) = CCC

What is the price of EC shares?

As of March 18, 2026, the stock is trading at USD 14.73 with a total of 3,053,154 shares traded.
Over the past week, the price has changed by +14.19%, over one month by +23.26%, over three months by +57.54% and over the past year by +66.88%.

Is EC a buy, sell or hold?

Ecopetrol has received a consensus analysts rating of 2.55. Therefor, it is recommend to hold EC.
  • StrongBuy: 1
  • Buy: 0
  • Hold: 6
  • Sell: 1
  • StrongSell: 3

What are the forecasts/targets for the EC price?

Issuer Target Up/Down from current
Wallstreet Target Price 9.7 -34.3%
Analysts Target Price 9.7 -34.3%

EC Fundamental Data Overview March 17, 2026

P/E Trailing = 8.7803
P/E Forward = 8.643
P/S = 0.8943
P/B = 1.278
P/EG = 0.7707
Revenue TTM = 119339.75b USD
EBIT TTM = 22761.47b USD
EBITDA TTM = 38594.30b USD
Long Term Debt = 101815.00b USD (from longTermDebt, two quarters ago)
Short Term Debt = 10069.25b USD (from shortTermDebt, last quarter)
Debt = 109083.50b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 98400.91b USD (from netDebt column, last quarter)
Enterprise Value = 96589.74b USD (24.86b + Debt 109083.50b - CCE 12518.63b)
Interest Coverage Ratio = 3.49 (Ebit TTM 22761.47b / Interest Expense TTM 6525.08b)
EV/FCF = 6.02x (Enterprise Value 96589.74b / FCF TTM 16052.31b)
FCF Yield = 16.62% (FCF TTM 16052.31b / Enterprise Value 96589.74b)
FCF Margin = 13.45% (FCF TTM 16052.31b / Revenue TTM 119339.75b)
Net Margin = 7.53% (Net Income TTM 8991.50b / Revenue TTM 119339.75b)
Gross Margin = 31.45% ((Revenue TTM 119339.75b - Cost of Revenue TTM 81807.91b) / Revenue TTM)
Gross Margin QoQ = 29.49% (prev 33.41%)
Tobins Q-Ratio = 0.34 (Enterprise Value 96589.74b / Total Assets 283833.88b)
Interest Expense / Debt = 1.79% (Interest Expense 1954.74b / Debt 109083.50b)
Taxrate = 28.58% (972.93b / 3404.75b)
NOPAT = 16257.25b (EBIT 22761.47b * (1 - 28.58%))
Current Ratio = 1.55 (Total Current Assets 53387.98b / Total Current Liabilities 34477.18b)
Debt / Equity = 1.30 (Debt 109083.50b / totalStockholderEquity, last quarter 83670.64b)
Debt / EBITDA = 2.55 (Net Debt 98400.91b / EBITDA 38594.30b)
Debt / FCF = 6.13 (Net Debt 98400.91b / FCF TTM 16052.31b)
Total Stockholder Equity = 80273.74b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.09% (Net Income 8991.50b / Total Assets 283833.88b)
RoE = 11.20% (Net Income TTM 8991.50b / Total Stockholder Equity 80273.74b)
RoCE = 12.50% (EBIT 22761.47b / Capital Employed (Equity 80273.74b + L.T.Debt 101815.00b))
RoIC = 8.24% (NOPAT 16257.25b / Invested Capital 197234.00b)
WACC = 1.28% (E(24.86b)/V(109108.37b) * Re(7.41%) + D(109083.50b)/V(109108.37b) * Rd(1.79%) * (1-Tc(0.29)))
Discount Rate = 7.41% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -81.65 | Cagr: -0.59%
[DCF] Terminal Value 80.82% ; FCFF base≈21064.34b ; Y1≈13827.49b ; Y5≈6309.06b
[DCF] Fair Price = 49.9k (EV 201024.72b - Net Debt 98400.91b = Equity 102623.81b / Shares 2.06b; r=5.90% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: -26.22 | EPS CAGR: -91.37% | SUE: -4.0 | # QB: 0
Revenue Correlation: -76.38 | Revenue CAGR: -3.45% | SUE: -0.04 | # QB: 0
EPS next Year (2026-12-31): EPS=1.08 | Chg7d=-0.171 | Chg30d=-0.189 | Revisions Net=-2 | Growth EPS=-19.1% | Growth Revenue=-6.9%

Additional Sources for EC Stock

Fund Manager Positions: Dataroma | Stockcircle