
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT - About
Ecopetrol SA ADR (EC)

- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/23/2025: EC (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $9.36
1 Year Target Price $9.36
| 1 | Strong Buy |
| 0 | Buy |
| 6 | Hold |
| 1 | Sell |
| 3 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -23.58% | Avg. Invested days 39 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 18.81B USD | Price to earnings Ratio 6.49 | 1Y Target Price 9.36 |
Price to earnings Ratio 6.49 | 1Y Target Price 9.36 | ||
Volume (30-day avg) 11 | Beta 0.28 | 52 Weeks Range 6.14 - 9.67 | Updated Date 10/24/2025 |
52 Weeks Range 6.14 - 9.67 | Updated Date 10/24/2025 | ||
Dividends yield (FY) 26.13% | Basic EPS (TTM) 1.41 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 9.57% | Operating Margin (TTM) 19.09% |
Management Effectiveness
Return on Assets (TTM) 6.9% | Return on Equity (TTM) 16.46% |
Valuation
Trailing PE 6.49 | Forward PE 5.67 | Enterprise Value 45273325381 | Price to Sales(TTM) - |
Enterprise Value 45273325381 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue 1.37 | Enterprise Value to EBITDA 3.48 | Shares Outstanding 2055834735 | Shares Floating 4668389515 |
Shares Outstanding 2055834735 | Shares Floating 4668389515 | ||
Percent Insiders - | Percent Institutions 1.26 |
Upturn AI SWOT
Ecopetrol SA ADR

Company Overview
History and Background
Ecopetrol S.A. was founded in 1951 as Empresa Colombiana de Petru00f3leos. It evolved from the Administraciu00f3n Directa de los Bienes Revertidos (Direct Administration of Reverted Assets). A major milestone was its transformation into a public company in 2007, opening it up to private investment through ADRs. The company has grown to be one of the largest integrated oil and gas companies in Latin America.
Core Business Areas
- Exploration and Production: Ecopetrol explores for and produces crude oil and natural gas. This segment is the backbone of the company, contributing the majority of its revenue.
- Transportation: Ecopetrol owns and operates a vast network of pipelines and multimodal transport infrastructure for crude oil, refined products, and gas. This is crucial for moving resources from production to refining and distribution.
- Refining: Ecopetrol refines crude oil into a range of petroleum products, including gasoline, diesel, jet fuel, and petrochemicals. This segment adds value to the crude oil produced.
- Petrochemicals: Ecopetrol manufactures and markets petrochemical products, diversifying its revenue stream beyond just crude oil.
Leadership and Structure
The company is led by a CEO (Ricardo Roa Barragu00e1n) and a board of directors. The Colombian government retains a majority stake, exercising significant control. The organizational structure is typical of a large, integrated oil and gas company, with departments for exploration, production, refining, transportation, finance, and marketing.
Top Products and Market Share
Key Offerings
- Crude Oil: Ecopetrol is a significant producer of crude oil, primarily heavy and medium grades. The competitors for this product are major global oil producers like Saudi Aramco, ExxonMobil (XOM) and Shell (SHEL). Market share in Colombia is substantial but global share is smaller, around 0.3% globally.
- Gasoline and Diesel: Ecopetrol refines crude oil into gasoline and diesel for the domestic Colombian market and export. Competitors include international refiners and importers. Market share in the Colombian retail market is significant.
- Jet Fuel: Ecopetrol supplies jet fuel to airports in Colombia. Competitors include international refiners and importers. Market share in Colombia is significant.
- Polypropylene: Ecopetrol produces and sells polypropylene used in various industries. Competitors include Braskem (BAK) and LyondellBasell (LYB). Market share in Colombia is significant.
Market Dynamics
Industry Overview
The oil and gas industry is characterized by volatile prices, geopolitical risks, and increasing environmental concerns. The global push for cleaner energy sources adds pressure on oil companies to adapt.
Positioning
Ecopetrol is a dominant player in the Colombian oil and gas market with significant refining and pipeline infrastructure. Its competitive advantage lies in its integrated operations and strong government backing. However, it faces challenges from fluctuating global oil prices and environmental regulations.
Total Addressable Market (TAM)
The global oil and gas market is trillions of USD. Ecopetrol's position in Colombia gives it a strong regional base, but its TAM is influenced by its production capacity and ability to compete globally. The company has an opportunity to grow as the global market expands, but may be limited in how it may capture the TAM due to political and economic issues in Colombia.
Upturn SWOT Analysis
Strengths
- Dominant market position in Colombia
- Integrated operations (exploration, production, refining, transportation)
- Significant reserves
- Strong government backing
- Extensive pipeline infrastructure
Weaknesses
- High dependence on Colombian market
- Exposure to political and regulatory risks in Colombia
- Operational inefficiencies
- Vulnerability to global oil price fluctuations
- Environmental liabilities
Opportunities
- Expanding exploration activities in Colombia and abroad
- Investing in renewable energy sources
- Improving operational efficiency
- Diversifying into new petrochemical products
- Leveraging technological advancements
Threats
- Decline in global oil prices
- Increased competition from international oil companies
- Political instability in Colombia
- Stringent environmental regulations
- Risks associated with pipeline security and sabotage
Competitors and Market Share
Key Competitors
- BP (BP)
- ExxonMobil (XOM)
- Chevron (CVX)
- Shell (SHEL)
Competitive Landscape
Ecopetrol's advantage is its strong position in Colombia, giving it access to resources and infrastructure. Its disadvantages are related to political and economic instability, and its smaller scale than the large oil majors.
Major Acquisitions
Hocol
- Year: 2018
- Acquisition Price (USD millions): 759
- Strategic Rationale: Increase gas reserves and production in Colombia.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been closely tied to oil prices and production volumes.
Future Projections: Future growth projections depend on oil price forecasts, production plans, and success in new exploration ventures. Analyst forecasts would be needed.
Recent Initiatives: Recent initiatives include exploration in new areas, investments in renewable energy, and efforts to improve operational efficiency.
Summary
Ecopetrol is a significant player in the Colombian oil and gas market, benefiting from its integrated operations and government support. However, it is vulnerable to volatile oil prices, political risks, and environmental regulations. Growth opportunities lie in expanding exploration and investing in renewable energy. Ecopetrol must address its operational inefficiencies and environmental liabilities to secure long-term sustainability and growth as it transitions its oil-based practices to match world changes.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Ecopetrol S.A. Annual Reports
- Company Website
- Industry Reports
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered as financial advice. Investment decisions should be based on individual research and consultation with a financial professional. Data may not be fully up to date.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Ecopetrol SA ADR
Exchange NYSE | Headquaters - | ||
IPO Launch date 2007-08-27 | CEO - | ||
Sector Energy | Industry Oil & Gas Integrated | Full time employees - | Website https://www.ecopetrol.com.co |
Full time employees - | Website https://www.ecopetrol.com.co | ||
Ecopetrol S.A. operates as an integrated energy company. It operates through four segments: Exploration and Production; Transport and Logistics; Refining and Petrochemicals; and Electric Power Transmission and Toll Roads Concessions. The Exploration and Production segment engages in the exploration and production of oil and gas. The Transport and Logistics segment is involved in the transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels. The Refining and Petrochemicals segment refines and processes crude oil at the Barrancabermeja and Cartagena refineries; and distributes natural gas and LPG. The Electric Power Transmission and Toll Roads Concessions segment supplies electric power transmission and information technology and telecommunications services, as well as designs, develops, constructs, operates, and maintains road and energy infrastructure projects. The company operates in Colombia, rest of South America and others, Asia, the United States, Central America and the Caribbean, and Europe. 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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
Home 

