# Ecopetrol S.A.: overview

EC · NYSE · CIK 1444406 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/ec.md) · [Financials](/companies/ec/financials.md) · [Filings](/companies/ec/filings.md) · [Insiders](/companies/ec/insiders.md)

Revenue is not reported in this company’s XBRL financial statements.

## Last eight quarters

Not reported.

## Last five fiscal years

| Line item | Unit | FY2020 (2020-12-31) | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [50,223](/filings/0001410578-23-000400.md) | [91,881](/filings/0001410578-24-000515.md) | [159,611](/filings/0001410578-25-000839.md) | [143,190](/filings/0001410578-25-000839.md) | [133,330](/filings/0001410578-25-000839.md) |
| Gross margin | % | [25.2%](/filings/0001410578-23-000400.md) | [39.5%](/filings/0001410578-24-000515.md) | [44.0%](/filings/0001410578-25-000839.md) | [38.4%](/filings/0001410578-25-000839.md) | [35.1%](/filings/0001410578-25-000839.md) |
| Operating margin | % | [14.3%](/filings/0001410578-23-000400.md) | [32.3%](/filings/0001410578-24-000515.md) | [37.7%](/filings/0001410578-25-000839.md) | [29.2%](/filings/0001410578-25-000839.md) | [28.8%](/filings/0001410578-25-000839.md) |
| Net margin | % | [3.2%](/filings/0001410578-23-000400.md) | [17.0%](/filings/0001410578-24-000515.md) | [19.8%](/filings/0001410578-25-000839.md) | [14.7%](/filings/0001410578-25-000839.md) | [10.4%](/filings/0001410578-25-000839.md) |
| Diluted EPS | $ per share | [38.59](/filings/0001410578-23-000400.md) | [380.60](/filings/0001410578-24-000515.md) | [768.70](/filings/0001410578-25-000839.md) | [512.20](/filings/0001410578-25-000839.md) | [336.60](/filings/0001410578-25-000839.md) |
| Free cash flow | $bn | [4,154](/filings/0001410578-23-000400.md) | [16,418](/filings/0001410578-24-000515.md) | [27,467](/filings/0001410578-25-000839.md) | [10,451](/filings/0001410578-25-000839.md) | [35,606](/filings/0001410578-25-000839.md) |

- Revenue. XBRL Revenue: ifrs-full:Revenue.
- Gross margin (gross profit / revenue). XBRL Gross profit: ifrs-full:GrossProfit; Revenue: ifrs-full:Revenue.
- Operating margin (operating income / revenue). XBRL Operating income: ifrs-full:ProfitLossFromOperatingActivities; Revenue: ifrs-full:Revenue.
- Net margin (net income / revenue). XBRL Net income: ifrs-full:ProfitLossAttributableToOwnersOfParent; Revenue: ifrs-full:Revenue.
- Diluted EPS. XBRL Diluted EPS: ifrs-full:DilutedEarningsLossPerShare.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: ifrs-full:CashFlowsFromUsedInOperatingActivities; Capital expenditure: ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/ec/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $58.5m | 4,105,675 |  | Added +1,376,178 |
| [MARSHALL WACE, LLP](/funds/1318757.md) | 2026-06-30 | $37.5m | 2,636,516 |  | Added +2,066,221 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $36.9m | 2,594,400 | Call | Added +646,600 |
| [GFS Advisors, LLC](/funds/1427263.md) | 2026-06-30 | $27.9m | 2,200 |  | New +2,200 |
| [Banco BTG Pactual S.A.](/funds/1536080.md) | 2026-06-30 | $27.5m | 1,930,200 | Call | New +1,930,200 |
| [CHARLES SCHWAB INVESTMENT MANAGEMENT INC](/funds/884546.md) | 2026-06-30 | $26.2m | 1,841,703 |  | Added +176,967 |
| [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $25.9m | 1,817,855 |  | Added +4,037 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $17.8m | 1,246,884 |  | Added +44,791 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $14.2m | 996,387 |  | Reduced −856,903 |
| [AMERICAN CENTURY COMPANIES INC](/funds/748054.md) | 2026-06-30 | $13.7m | 962,783 |  | Added +78,715 |

## Recent filings

[All 1,010 filings](/companies/ec/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-28 | 21:33 ET | [6-K](/filings/0001292814-26-005018.md) | Report of a foreign private issuer, period 2026-12-31 | 0001292814-26-005018 |
| 2026-10-22 | 06:04 ET | [6-K](/filings/0001292814-26-004982.md) | Report of a foreign private issuer, period 2026-12-31 | 0001292814-26-004982 |
| 2026-10-21 | 21:31 ET | [6-K](/filings/0001292814-26-004960.md) | Report of a foreign private issuer, period 2026-12-31 | 0001292814-26-004960 |
| 2026-10-15 | 08:28 ET | [6-K](/filings/0001292814-26-004936.md) | Report of a foreign private issuer, period 2026-12-31 | 0001292814-26-004936 |
| 2026-10-01 | 08:35 ET | [6-K](/filings/0001292814-26-004780.md) | Report of a foreign private issuer, period 2026-12-31 | 0001292814-26-004780 |
| 2026-10-01 | 06:11 ET | [6-K](/filings/0001292814-26-004778.md) | Report of a foreign private issuer, period 2026-12-31 | 0001292814-26-004778 |
| 2026-10-01 | 06:05 ET | [6-K](/filings/0001292814-26-004776.md) | Report of a foreign private issuer, period 2026-12-31 | 0001292814-26-004776 |
| 2026-09-24 | 16:15 ET | [6-K](/filings/0001292814-26-004689.md) | Report of a foreign private issuer, period 2026-09-30 | 0001292814-26-004689 |
| 2026-09-18 | 19:58 ET | [6-K](/filings/0001292814-26-004594.md) | Report of a foreign private issuer, period 2026-09-30 | 0001292814-26-004594 |
| 2026-09-16 | 06:17 ET | [6-K](/filings/0001292814-26-004572.md) | Report of a foreign private issuer, period 2026-09-30 | 0001292814-26-004572 |

## Latest annual report

[Form 20-F for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-053172.md), filed Apr 30, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1444406
- Tickers: EC
- Exchange: NYSE
- SIC code: 1311 Crude Petroleum & Natural Gas
- State of incorporation: F8
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 28, 2026, 06:05 ET. No prices; not investment advice.
