Ecopetrol SA - Company Profile
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Ecopetrol SA (Ecopetrol) is an integrated oil and gas company. It carries out exploration, development and production of oil and gas. It is also involved in the refining of crude oil to produce petroleum products, besides transportation services. The company owns and operates refineries that produce a wide range of products including gasoline, diesel, kerosene, liquefied petroleum gas, and petrochemicals, including paraffin waxes, lube base oils, aromatics, asphalts, among others. It transports crude oil, motor fuels, fuel oil and other refined products including diesel and biofuels. The company has an operational presence in Colombia, Peru, Brazil, Panama and the US Gulf Coast. It is majority owned by the Republic of Colombia. Ecopetrol is headquartered in Bogota, Colombia.
Headquarters
Colombia
Address
Edificio Principal Cr 13 No. 36 - 24, Bogota, Bogota DC
Website
www.ecopetrol.com.co
Telephone
57 1 2344000
No of Employees
9,150
Industry
Energy and Utilities
Ticker Symbol & Exchange
ECOPETROL (CLB)
Revenue (2022)
$33.2B
-10.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-42.9%
(2022 vs 2021)
Market Cap*
$23.9B
Net Profit Margin (2022)
XYZ
-36.4%
(2022 vs 2021)
* As of and is in US$
Ecopetrol SA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Crude oil | Transportation of Crude Oil |
| Natural Gas | |
| Butane | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company and Parex Resources collaborated to secure gas supply and support energy transition initiatives. |
| 2024 | Contracts/Agreements | In March, the company entered into a partnership with Greentown Labs to become a Terawatt Partner. |
| 2024 | Contracts/Agreements | In February, the company along with Baker Hughes, Central Hidroelectrica de Caldas of Grupo EPM signed an agreement to structure feasibility studies and implement a geothermal power generation project in the Nereidas Valley, Caldas. |
Competitor Comparison
| Key Parameters | Ecopetrol SA | Petroleos Mexicanos | Petroleo Brasileiro SA | Repsol SA | Perenco SA |
|---|---|---|---|---|---|
| Headquarters | Colombia | Mexico | Brazil | Spain | Bahamas |
| City | Bogota | Mexico City | Rio De Janeiro | Madrid | Nassau |
| State/Province | Bogota DC | Mexico | - | Madrid | - |
| No. of Employees | 9,150 | 120,054 | 46,730 | 25,059 | - |
| Entity Type | Public | Government | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ricardo Roa Barragan | Chief Executive Officer; President | Senior Management | 2023 | - |
| Alberto Consuegra Granger | Chief Operating Officer | Senior Management | 2019 | - |
| Guillermo Garcia Realpe | Chairman | Executive Board | 2024 | - |
| Monica de Greiff Lindo | Vice Chairman | Executive Board | 2024 | - |
| Luis Felipe Rivera | Vice President - Science, Technology, and Innovation | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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