Company Ecopetrol S.A.

Equities

ECOPETROL

COC04PA00016

Oil & Gas Exploration and Production

End-of-day quote Bolsa De Valores De Colombia 07:00:00 2024-03-17 pm EDT 5-day change 1st Jan Change
2,100 COP -4.98% Intraday chart for Ecopetrol S.A. +1.94% -10.26%

Business Summary

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.

Number of employees: 18,903

Sales per Business

COP in Million2022Weight2023Weight Delta
Refining and Petrochemicals
52.4 %
82,728,875 51.8 % 74,916,634 52.4 % -9.44%
Exploration and Production
36.5 %
60,719,903 38.0 % 52,210,393 36.5 % -14.01%
Electrical Power Transmission and Roads
9.9 %
13,355,269 8.4 % 14,163,820 9.9 % +6.05%
Transport and Logistics
2.1 %
2,807,031 1.8 % 2,954,177 2.1 % +5.24%
Eliminations
-0.8 %
0 0.0 % -1,166,278 -0.8 % -

Sales per region

COP in Million2022Weight2023Weight Delta
Colombia
50.1 %
83,651,506 52.4 % 71,745,082 50.1 % -14.23%
Asia
20.2 %
22,547,997 14.1 % 28,841,440 20.2 % +27.91%
United States
17.5 %
27,120,783 17.0 % 24,991,770 17.5 % -7.85%
South America and Others
8.5 %
13,609,587 8.5 % 12,116,829 8.5 % -10.97%
Europe
1.9 %
2,840,003 1.8 % 2,749,928 1.9 % -3.17%
Central America and the Caribbean
1.8 %
9,841,202 6.2 % 2,633,697 1.8 % -73.24%

Managers

Managers TitleAgeSince
Chief Executive Officer 63 23-04-23
Director of Finance/CFO 43 -
Chairman 52 -
Chief Tech/Sci/R&D Officer - 23-10-22
Compliance Officer - 23-10-15
Chief Operating Officer 64 16-07-31
Corporate Officer/Principal - -
Corporate Secretary - 16-12-31
Corporate Officer/Principal 45 -
Corporate Officer/Principal - 21-05-09

Members of the board

Members of the board TitleAgeSince
Director/Board Member 52 -
Director/Board Member - -
Chairman 52 -
Director/Board Member 72 22-10-26
Director/Board Member - 16-09-13
Director/Board Member - 23-03-30
Director/Board Member - 18-03-22
Director/Board Member 44 22-10-23
Director/Board Member 59 22-10-23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 41,116,694,690 4,242,432,177 ( 10.32 %) 0 10.32 %

Shareholders

NameEquities%Valuation
Government of Colombia
88.49 %
36,384,788,417 88.49 % 21 220 M $
State Street Global Advisors Ltd.
0.0338 %
13,878,390 0.0338 % 8 M $
Fiduciaria Davivienda SA
0.0157 %
6,466,424 0.0157 % 4 M $
Amundi Ireland Ltd. (United Kingdom)
0.007058 %
2,902,167 0.007058 % 2 M $
EFG Asset Management (UK) Ltd.
0.003741 %
1,538,262 0.003741 % 897 114 $
Fidelity Management & Research (UK), Inc.
0.003417 %
1,404,858 0.003417 % 819 313 $
Pension Reserves Investment Management Board
0.003120 %
1,282,639 0.003120 % 748 035 $
MP Investment Management A/S
0.001918 %
788,791 0.001918 % 460 023 $
Amundi Asset Management SA (Investment Management)
0.001892 %
777,971 0.001892 % 453 713 $
Principal Administradora General de Fondos SA
0.001326 %
545,100 0.001326 % 317 902 $
NameEquities%Valuation
GQG Partners LLC
0.5928 %
12,186,784 0.5928 % 143 M $
Vanguard Fiduciary Trust Co.
0.1477 %
3,037,094 0.1477 % 36 M $
JPMorgan Investment Management, Inc.
0.1385 %
2,848,181 0.1385 % 33 M $
BlackRock Advisors LLC
0.0843 %
1,732,598 0.0843 % 20 M $
Blackrock Group Ltd. (Subfiler)
0.0748 %
1,538,059 0.0748 % 18 M $
SPX Gestão de Recursos Ltda.
0.0639 %
1,313,081 0.0639 % 15 M $
Crossmark Global Holdings, Inc.
0.0451 %
926,913 0.0451 % 11 M $
Fisher Asset Management LLC
0.0400 %
821,905 0.0400 % 10 M $
First Trust Advisors LP
0.0370 %
761,591 0.0370 % 9 M $
Allspring Global Investments LLC
0.0292 %
600,410 0.0292 % 7 M $

Holdings

NameEquities%Valuation
569,472,561 51.41% 2,424,893,891 $

Company contact information

Ecopetrol SA

Carrera 13 No. 36-24

110001, Bogota

+57 310 315 8600

http://www.ecopetrol.com.co
address Ecopetrol S.A.(ECOPETROL)

Group companies

NameCategory and Sector
Oil Refining/Marketing
Oil & Gas Pipelines
Oil & Gas Production
Ecopetrol Permian LLC
Ecopetrol US Trading LLC
Integrated Oil