Overview
ECOPETROL
Ecopetrol performs crude oil and natural gas exploration, production, refining, and transportation. The largest company in Colombia (where it accounts for 60% of national production and is one of the world's largest oil companies), Ecopetrol has two large refineries (Barrancabermeja and Cartagena) strategically located to supply the domestic market and to export oil and oil products to the southern US. Ecopetrol explores for oil and gas across Colombia,
...
Read More and is expanding internationally through exploration partnerships in Brazil, Peru, and the US Gulf of Mexico. In 2022, the company reported proved reserves of more than 2 billion barrels of oil equivalent. Majority of its sales were generated from Colombia.
Read Less
Read More and is expanding internationally through exploration partnerships in Brazil, Peru, and the US Gulf of Mexico. In 2022, the company reported proved reserves of more than 2 billion barrels of oil equivalent. Majority of its sales were generated from Colombia.
Read Less
RICARDO ROA BARRAGAN
See more contacts
Oil and Gas Extraction
,
Mining, Quarrying, and Oil and Gas Extraction
,
Crude petroleum and natural gas
,
Natural gas liquids
?
?
Actual
$30.27 billion
Actual
-6.89%
-34.28%
$298.24 million
DEC
?
?
Colombia:ECOPETROL
Contacts
Get in Touch with 18 Principals*
-
RICARDO ROA BARRAGANPresident
-
Contact 2?
-
Contact 3?
-
Contact 4?
Dynamic search and list-building capabilities
Real-time trigger alerts
Comprehensive company profiles
Valuable research and technology reports
Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$30.27 billion
USD
Actual
1 USD = 4,405.2863 COP
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | $10,244 | $4,495 | $8,225 |
Net Investing Cash | -$5,002 | -$4,544 | -$4,108 |
Net Financing Cash | -$5,150 | -$80 | -$4,298 |
Net Change in Cash | $92 | -$130 | -$180 |
Cash at Beginning of Period | $2,800 | $3,496 | $3,303 |
Cash at End of Period | $3,190 | $2,800 | $3,496 |
Capital Expenditure | -$4,751 | -$5,469 | -$4,966 |
Assets (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $2,758 | $2,409 | $3,027 |
Accounts Receivable | $2,682 | $2,589 | $2,633 |
Inventories | $2,276 | $2,316 | $2,697 |
Other Current Assets | $6,053 | $8,262 | $9,185 |
Asset Summary | |||
Total Current Assets | $13,770 | $15,576 | $17,542 |
Tangible Fixed Assets | $35,435 | $32,059 | $32,676 |
Intangible Assets | $3,726 | $3,340 | $4,119 |
Total Assets | $298,242,156 | $280,141,090 | $302,792,431 |
Liabilities (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $3,421 | $3,111 | $3,413 |
Short-Term Debt | $1,533 | $1,229 | $3,094 |
Other Current Liabilities | $4,043 | $5,550 | $6,383 |
Liability Summary | |||
Total Current Liabilities | $8,997 | $9,889 | $12,890 |
Long-Term Debt | $24,407 | $20,254 | $20,884 |
Other Long-Term Liabilities | $529 | $614 | $546 |
Total Liabilities | $43,659 | $40,835 | $42,878 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Equity | |||
Common Stock | $5,684 | $5,684 | $5,684 |
Retained Earnings | $2,755 | $3,964 | $6,767 |
Equity Summary | |||
Total Equity | $18,127 | $17,185 | $19,557 |
Shares Outstanding | 41,116,694,690 | 41,116,694,690 | 41,116,694,690 |