Company
Ecopetrol SA
Headquarters: Bogotá, Colombia
Founded: 1921
Employees: 18,000
Market Cap
$25.12 Billion
USD as of Jan. 1, 2024
Top Competitors by Market Capitalization
Industry: Oil & Gas Integrated
| Company | Market Cap (USD) |
|---|---|
| Aramco | $2.132 T |
| ExxonMobil | $412.55 B |
| Chevron | $287.56 B |
| Shell | $213.51 B |
| PetroChina | $182.61 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Aramco | $2.132 T |
| ExxonMobil | $412.55 B |
| Chevron | $287.56 B |
| Shell | $213.51 B |
| PetroChina | $182.61 B |
Detailed Description
Ecopetrol S.A. operates as an integrated oil and gas company. The company operates through three segments: Exploration and Production; Transport and Logistics; and Refining, Petrochemical and Biofuels. It engages in the exploration, production, and sale of oil and gas; offshore exploration; energy supply services; specialized management services; and distribution of natural gas and LPG activities. It also transports and distributes hydrocarbons and derivative products. As of December 31, 2020, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. In addition, the company manufactures and commercializes polypropylene resins, compounds, and masterbatches; and offers refined and petrochemical products, and biofuels, as well as industrial service sales to customers. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, South America, and internationally. Ecopetrol S.A. has a strategic alliance with Occidental Petroleum Corporation. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was incorporated in 1948 and is based in Bogotá, Colombia.
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Stocks & Indices
Ecopetrol SA has the following listings and related stock indices.
Stock: NYSE: EC wb_incandescent
Stock: FSX: ECHA wb_incandescent
Product & Services
Fuels, Lubricants, Petrochemicals, Biofuels
Key People
Felipe Bayón, (Chairman & CEO)
Financials
Revenue: COL$50.223 trillion (2020)
Operating income: COL$7.182 trillion (2020)
Net income: COL$1.587 trillion (2020)
Total assets: COL$137.694 trillion (2020)