Ecopetrol S.A.

NYSE EC

Ecopetrol S.A. Net Income Margin for the year ending December 31, 2023: 13.32%

Ecopetrol S.A. Net Income Margin is 13.32% for the year ending December 31, 2023, a -32.77% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.
  • Ecopetrol S.A. Net Income Margin for the year ending December 31, 2022 was 19.82%, a 16.18% change year over year.
  • Ecopetrol S.A. Net Income Margin for the year ending December 31, 2021 was 17.06%, a 153.06% change year over year.
  • Ecopetrol S.A. Net Income Margin for the year ending December 31, 2020 was 6.74%, a -65.26% change year over year.
  • Ecopetrol S.A. Net Income Margin for the year ending December 31, 2019 was 19.40%, a 15.60% change year over year.
Key data
Date Net Income Margin EBITDA Margin EBIT Margin EBITDA
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NYSE: EC

Ecopetrol S.A.

CEO Mr. Ricardo Roa Barragan
IPO Date Sept. 18, 2008
Location Colombia
Headquarters Carrera 13 No. 36 - 24
Employees 18,903
Sector Industrials
Industries
Description

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.

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