Ecopetrol S.A. (EC) Stock Price & Analysis
Ecopetrol S.A. (EC) closed at USD 17.01 on Thursday, October 22, 2026, down 1.33% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 17.24; the Oct 22, 2026 session ranged USD 16.65–17.47 on volume of 2,350,079 shares. Market capitalization is $34.97B, with a 52-week range of USD 8.92–18.38 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:05 UTC.
Also available as compact Markdown for AI agents: nexqual.com/EC.md
Key facts (EC)
- Analysts: Hold (mean 3.45 on a 1–5 scale) (11 analysts), mean target USD 14.48 (range 9–18).
- Total return with dividends: 1Y +95.1% vs S&P 500 +14.9%; 5Y +111.5% vs S&P 500 +80.3%.
- Next earnings: 2026-11-12, EPS estimate USD 0.53, revenue estimate $34.59T.
Analysts (EC)
Consensus Hold (mean 3.45 on a 1–5 scale), 11 analysts; mean target USD 14.48 (low 9, high 18).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-14 | UBS | Target raised | Neutral | $14 → $16 |
Total return (dividends reinvested) (EC)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +95.1% | +111.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +95.6% | +16.1% |
| Volatility (annualized) | 39.0% | 37.3% |
| Max drawdown | -14.1% (Jun 2026→Jun 2026) | -46.9% (Apr 2022→Sep 2022) |
EC suppliers, customers and competitors (named in its 20-F)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Colombia | “We are the main producer and supplier of refined products in Colombia.” |
| Partner | Brava Energia S.A. (BVENY) | “On April 23, 2026, Ecopetrol announced that it entered into a Share Purchase Agreement with Jive, Yellowstone and Bloco Somah Printemps Quantum, which together constitute a group of significant shareholders holding approximately 26% of the outstanding common shares of the Brazilian company Brava Energia S.A. (B3: BRAV3) ("Brava"), for the acquisition by Ecopetrol S.A., or one of its affiliates or subsidiaries with…” |
| Partner | Madeira | “In 2024, the share of profit of associates and joint ventures caused a positive effect in our results of COP 540 billion, which corresponded to the participation in the results mainly of Transmissora Aliança de Energia Elétrica, Interligação Elétrica do Madeira and Interligação Elétrica Ivaí, energy transport companies in Brazil.” |
| Partner | China National Offshore Oil | “In 2018, we made progress in the internationalization of offshore exploration by entering the Brazilian pre-salt oil region, one of the areas with the greatest potential for oil reserves in the world, working together with top-tier companies such as British Petroleum, China National Petroleum, China National Offshore Oil Corporation ("CNOOC"), Shell and Chevron.” |
| Partner | Chevron (CVX) | “In 2018, we made progress in the internationalization of offshore exploration by entering the Brazilian pre-salt oil region, one of the areas with the greatest potential for oil reserves in the world, working together with top-tier companies such as British Petroleum, China National Petroleum, China National Offshore Oil Corporation ("CNOOC"), Shell and Chevron.” |
| Partner | Occidental Petroleum | “In 2019, we began operations in the Permian Basin through a strategic alliance with Occidental Petroleum.” |
| Partner | Hocol | “The following table sets forth, for the periods indicated, the number of gross and net productive, dry, and under evaluation exploratory wells drilled by Ecopetrol S.A., Hocol and by our joint venture partners, and the exploratory wells drilled by third parties pursuant to sole risk contracts with us.” |
| Partner | Gecelca | “Accordingly, on August 15, 2022, we entered into an electric energy commercialization agreement with Gecelca S.A.” |
| Partner | Garanhuns | “In 2023, the share of profit of associates and joint ventures caused a positive effect in our results of COP 530 billion, which corresponded to the participation in the results mainly of Transmissora Aliança de Energia Elétrica, Interligação Elétrica do Madeira and Interligação Elétrica Garanhuns, energy transport companies in Brazil.” |
Quoted from the company's 20-F filed Apr 30, 2026.
Companies that name EC in their SEC reports
| Relationship to EC | Company | Filing | Sentence |
|---|---|---|---|
| supplier | TENARIS SA (TS) | 20-F Mar 31, 2026 | “Our principal customer in Colombia is Ecopetrol S.A. ("Ecopetrol"), to which we supply Rig Direct® services.” |
| partner | GeoPark Ltd (GPRK) | 20-F Mar 31, 2026 | “In Colombia, we maintain long-standing partnerships with Ecopetrol, the Colombian state-owned oil and gas company, including through its subsidiary Hocol, which is our partner in several blocks in the Llanos Basin.” |
| partner | AES CORP (AES) | 10-K Mar 2, 2026 | “In 2025, AES Colombia executed an investment agreement for a partnership structure with Ecopetrol S.A. in connection with these projects.” |
EC analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.53 | $0.44 | +20.9% | $34.59T | 2 |
| Next quarter (ends Dec 2026) | $0.82 | $0.30 | +173.8% | $35.74T | 2 |
| Current fiscal year (ends Dec 2026) | $2.37 | $1.83 | +29.6% | $129.30T | 7 |
| Next fiscal year (ends Dec 2027) | $1.88 | $1.56 | +20.6% | $118.49T | 7 |
EC options: expected move
Options price a move of about ±8.8% (±$1.50) by Nov 20, 2026, which includes earnings on Nov 12, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 39.2% | ±8.8% |
| Dec 18, 2026 | 56 | 38.3% | ±12.1% |
| Feb 19, 2027 | 119 | 38.9% | ±17.6% |
| May 21, 2027 | 210 | 45.1% | ±27.5% |
30-day implied volatility 37.8% vs 31.2% realized over the last 30 trading days. Put/call ratio (volume) 0.22. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 10:05 UTC)
| Price | USD 17.01 |
|---|---|
| Change | ▼ 1.33% (down) |
| Previous Close | USD 17.24 |
| Open | USD 17.33 |
| Day Range | USD 16.65 – 17.47 |
| 52-Week Range | USD 8.92 – 18.38 |
| Volume | 2,350,079 shares |
| Market Cap | $34.97B |
| Exchange | NYQ |
Technical Analysis (EC)
Nexqual's technical model rates EC "SELL" based on 1 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 10:05 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 46.6 (neutral) |
| vs SMA50 | Below (USD 17.22) |
| MACD | 0.12 (positive) |
Analyst Ratings (EC)
Wall Street analysts rate EC "Hold" based on 11 analysts, with a mean price target of USD 14.48 (range USD 9–18), per Nexqual as of October 23, 2026 at 10:05 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 11 |
| Mean Target | USD 14.48 |
| High Target | USD 18 |
| Low Target | USD 9 |
| Buy / Hold / Sell | 0 / 7 / 4 |
Earnings (EC)
| Next Earnings Date | 2026-11-12 |
|---|---|
| EPS Estimate | USD 0.53 |
| Revenue Estimate | $34.59T |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.93 vs est 0.49 ▲ beat |
| 2026-03-31 | USD 0.37 vs est 0.34 ▲ beat |
| 2025-12-31 | USD 0.2 vs est 0.3 ▼ miss |
| 2025-09-30 | USD 0.33 vs est 0.36 ▼ miss |
Source: Nexqual, October 23, 2026 at 10:05 UTC.
Financials & Fundamentals (EC)
| Revenue Growth (latest quarter, YoY) | +35.50% |
|---|---|
| Gross Margin | +37.10% |
| Operating Margin | +0.00% |
| Profit Margin | +10.23% |
| ROE | +15.95% |
| Debt / Equity | 0.96 |
| Current Ratio | 1.51 |
Source: Nexqual, October 23, 2026 at 10:05 UTC.
Financial Health Score (EC)
Nexqual rates Ecopetrol S.A.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:05 UTC.
| Growth | Critical — Revenue -10% YoY (annual), sharp decline |
|---|---|
| Profitability | Mixed — Gross margin 37%, operating 0% (last 12 months) |
| Balance Sheet | Mixed — Debt/Equity 1.0x |
| Cash Flow | Mixed — No data |
| Efficiency | Solid — ROE 16%, ROA 7.3% |
Ownership (EC)
| Insider Ownership | +0.00% |
|---|---|
| Institutional Ownership | +1.45% |
| Shares Outstanding | 2.06B |
| Float | 473.17M |
| Short % of Float | +2.97% |
Source: Nexqual, October 23, 2026 at 10:05 UTC.
Leadership (EC)
Ecopetrol S.A. is led by Joaquin Gutierrez Caballero, President, per Nexqual as of October 23, 2026 at 10:05 UTC.
| President | Joaquin Gutierrez Caballero |
|---|---|
| Chief Financial & Sustainable Value Officer | Alfonso Camilo Barco Munoz |
| Acting Corporate Vice President of Science, Technology & Innovation | Diana Marcela Acero Rojas |
| Corporate Vice President of Administration & Services | Camilo Rojas |
Major Backers & Investors (EC)
Notable institutional backers of Ecopetrol S.A. include Marshall Wace LLP, according to Nexqual as of October 23, 2026 at 10:05 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Marshall Wace LLP | 0.13% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 0.2% |
| Vanguard Group | 0.15% |
Source: Nexqual, October 23, 2026 at 10:05 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CVE | Cenovus Energy Inc | USD 32.01 | ▼ 3.38% |
| YPF | YPF Sociedad Anonima | USD 49.17 | ▼ 2.38% |
| E | ENI S.p.A. | USD 59.53 | ▲ 0.56% |
| SU | Suncor Energy Inc. | USD 77.41 | ▼ 2.04% |
| EQNR | Equinor ASA | USD 46.42 | ▲ 0.65% |
| BP | BP p.l.c. | USD 50.05 | ▲ 0.4% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:05 UTC. This page is informational and not investment advice.
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