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EC
National Oil Company Integrated NYSE: EC

Ecopetrol

Bogotá, Colombia · Established 1951 · Profile updated July 1, 2026

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Auditor Executive Assessment

Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum

Ecopetrol S.A. is Colombia's state-controlled integrated oil company, producing approximately 750 kbpd from the Llanos Basin, Middle Magdalena Valley, and offshore Caribbean blocks. The company operates the Barrancabermeja and Cartagena refineries and holds midstream interests via Cenit. FY2024 revenue approximated $28 billion with net income near $4 billion, reflecting Brent-linked export realisations and improved refining margins. Reserve replacement remains challenged by limited exploration...

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