Ecopetrol S.A. Logo

Ecopetrol S.A.

EC

(2.8)
Stock Price

9,17 USD

8.18% ROA

25.09% ROE

4.51x PER

Market Cap.

97.870.701.049.836,00 USD

116.81% DER

20.34% Yield

13.59% NPM

Ecopetrol S.A. Stock Analysis

Ecopetrol S.A. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Ecopetrol S.A. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (25.22%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

3 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

4 ROA

The stock's ROA (7.02%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.41x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

7 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last three years, showcasing a commitment to providing higher returns.

8 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (579.311) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

9 DER

The company has a high debt to equity ratio (160%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

10 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

11 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

Ecopetrol S.A. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Ecopetrol S.A. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Ecopetrol S.A. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Ecopetrol S.A. Revenue
Year Revenue Growth
2005 15.512.903.000.000
2006 18.389.965.000.000 15.64%
2007 22.332.320.000.000 17.65%
2008 33.896.669.000.000 34.12%
2009 30.404.390.000.000 -11.49%
2010 41.968.311.000.000 27.55%
2011 65.752.268.000.000 36.17%
2012 68.852.002.000.000 4.5%
2013 70.428.714.000.000 2.24%
2014 68.925.338.000.000 -2.18%
2015 52.090.927.000.000 -32.32%
2016 47.732.000.000.000 -9.13%
2017 55.210.000.000.000 13.54%
2018 67.820.000.000.000 18.59%
2019 70.847.000.000.000 4.27%
2020 50.027.000.000.000 -41.62%
2021 91.744.000.000.000 45.47%
2022 159.474.000.000.000 42.47%
2023 140.520.000.000.000 -13.49%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Ecopetrol S.A. Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Ecopetrol S.A. General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 337.261.000.000
2006 353.019.000.000 4.46%
2007 408.105.000.000 13.5%
2008 382.101.000.000 -6.81%
2009 662.336.000.000 42.31%
2010 603.523.000.000 -9.74%
2011 1.018.917.000.000 40.77%
2012 874.980.000.000 -16.45%
2013 1.455.717.000.000 39.89%
2014 1.677.391.000.000 13.22%
2015 1.194.740.000.000 -40.4%
2016 3.673.000.000.000 67.47%
2017 2.843.000.000.000 -29.19%
2018 3.205.000.000.000 11.29%
2019 2.963.000.000.000 -8.17%
2020 4.152.000.000.000 28.64%
2021 5.608.000.000.000 25.96%
2022 8.123.000.000.000 30.96%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Ecopetrol S.A. EBITDA
Year EBITDA Growth
2005 6.240.652.000.000
2006 5.063.958.000.000 -23.24%
2007 10.891.998.000.000 53.51%
2008 14.985.932.000.000 27.32%
2009 27.071.863.000.000 44.64%
2010 20.509.414.000.000 -32%
2011 39.862.491.000.000 48.55%
2012 33.611.258.000.000 -18.6%
2013 31.293.130.000.000 -7.41%
2014 32.240.121.000.000 2.94%
2015 24.793.805.000.000 -30.03%
2016 16.904.000.000.000 -46.67%
2017 21.905.000.000.000 22.83%
2018 29.537.000.000.000 25.84%
2019 30.789.000.000.000 4.07%
2020 16.288.000.000.000 -89.03%
2021 38.981.000.000.000 58.22%
2022 71.119.000.000.000 45.19%
2023 47.264.000.000.000 -50.47%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Ecopetrol S.A. Gross Profit
Year Gross Profit Growth
2005 5.417.361.000.000
2006 5.633.402.000.000 3.84%
2007 10.273.793.000.000 45.17%
2008 14.873.020.000.000 30.92%
2009 10.498.317.000.000 -41.67%
2010 17.796.427.000.000 41.01%
2011 29.087.212.000.000 38.82%
2012 28.316.494.000.000 -2.72%
2013 27.874.432.000.000 -1.59%
2014 23.871.322.000.000 -16.77%
2015 15.096.411.000.000 -58.13%
2016 13.496.000.000.000 -11.86%
2017 18.317.000.000.000 26.32%
2018 26.650.000.000.000 31.27%
2019 25.889.000.000.000 -2.94%
2020 12.474.000.000.000 -107.54%
2021 36.162.000.000.000 65.51%
2022 70.016.000.000.000 48.35%
2023 58.100.000.000.000 -20.51%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Ecopetrol S.A. Net Profit
Year Net Profit Growth
2005 3.253.756.000.000
2006 3.391.373.000.000 4.06%
2007 5.179.792.000.000 34.53%
2008 11.629.677.000.000 55.46%
2009 5.132.054.000.000 -126.61%
2010 8.146.471.000.000 37%
2011 15.452.334.000.000 47.28%
2012 14.778.947.000.000 -4.56%
2013 13.106.503.000.000 -12.76%
2014 7.510.270.000.000 -74.51%
2015 -3.987.726.000.000 288.33%
2016 1.565.000.000.000 354.81%
2017 6.620.000.000.000 76.36%
2018 11.810.000.000.000 43.95%
2019 14.529.000.000.000 18.71%
2020 3.372.000.000.000 -330.87%
2021 16.695.000.000.000 79.8%
2022 33.406.000.000.000 50.02%
2023 20.344.000.000.000 -64.21%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Ecopetrol S.A. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 3.832
2006 3.995 4.06%
2007 3.344 -19.47%
2008 5.747 41.83%
2009 2.536 -126.62%
2010 4.026 36.99%
2011 7.605 47.07%
2012 7.189 -5.8%
2013 6.375 -12.75%
2014 2.454 -159.78%
2015 -1.940 226.56%
2016 1.190 262.94%
2017 3.492 65.92%
2018 5.745 39.21%
2019 7.067 18.72%
2020 1.640 -330.91%
2021 7.612 78.46%
2022 16.249 53.15%
2023 9.896 -64.21%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Ecopetrol S.A. Free Cashflow
Year Free Cashflow Growth
2005 -1.254.144.000.000
2006 -1.862.934.000.000 32.68%
2007 -3.036.962.000.000 38.66%
2008 10.323.252.000.000 129.42%
2009 168.330.000.000 -6032.75%
2010 7.911.660.000.000 97.87%
2011 12.912.518.000.000 38.73%
2012 5.063.371.000.000 -155.02%
2013 3.294.984.000.000 -53.67%
2014 9.958.317.000.000 66.91%
2015 -3.840.034.000.000 359.33%
2016 8.600.000.000.000 144.65%
2017 10.867.000.000.000 20.86%
2018 13.931.000.000.000 21.99%
2019 13.733.000.000.000 -1.44%
2020 -1.929.000.000.000 811.92%
2021 9.241.000.000.000 120.87%
2022 14.356.000.000.000 35.63%
2023 -1.909.373.000.000 851.87%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Ecopetrol S.A. Operating Cashflow
Year Operating Cashflow Growth
2005 0
2006 0 0%
2007 0 0%
2008 11.792.900.000.000 100%
2009 9.405.637.000.000 -25.38%
2010 14.356.811.000.000 34.49%
2011 23.391.175.000.000 38.62%
2012 19.596.367.000.000 -19.36%
2013 17.522.761.000.000 -11.83%
2014 17.505.049.000.000 -0.1%
2015 10.411.475.000.000 -68.13%
2016 14.437.000.000.000 27.88%
2017 16.974.000.000.000 14.95%
2018 22.392.000.000.000 24.2%
2019 27.712.000.000.000 19.2%
2020 9.187.000.000.000 -201.64%
2021 22.536.000.000.000 59.23%
2022 36.235.000.000.000 37.81%
2023 4.189.935.000.000 -764.81%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Ecopetrol S.A. Capital Expenditure
Year Capital Expenditure Growth
2005 1.254.144.000.000
2006 1.862.934.000.000 32.68%
2007 3.036.962.000.000 38.66%
2008 1.469.648.000.000 -106.65%
2009 9.237.307.000.000 84.09%
2010 6.445.151.000.000 -43.32%
2011 10.478.657.000.000 38.49%
2012 14.532.996.000.000 27.9%
2013 14.227.777.000.000 -2.15%
2014 7.546.732.000.000 -88.53%
2015 14.251.509.000.000 47.05%
2016 5.837.000.000.000 -144.16%
2017 6.107.000.000.000 4.42%
2018 8.461.000.000.000 27.82%
2019 13.979.000.000.000 39.47%
2020 11.116.000.000.000 -25.76%
2021 13.295.000.000.000 16.39%
2022 21.879.000.000.000 39.23%
2023 6.099.308.000.000 -258.71%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Ecopetrol S.A. Equity
Year Equity Growth
2006 20.835.746.000.000
2007 26.808.467.000.000 22.28%
2008 34.619.717.000.000 22.56%
2009 32.569.957.000.000 -6.29%
2010 41.328.181.000.000 21.19%
2011 54.688.855.000.000 24.43%
2012 64.740.881.000.000 15.53%
2013 71.119.203.000.000 8.97%
2014 68.545.972.000.000 -3.75%
2015 43.356.713.000.000 -58.1%
2016 43.673.000.000.000 0.72%
2017 47.899.000.000.000 8.82%
2018 59.304.000.000.000 19.23%
2019 60.344.000.000.000 1.72%
2020 55.819.000.000.000 -8.11%
2021 93.752.000.000.000 40.46%
2022 119.087.000.000.000 21.27%
2023 104.010.815.000.000 -14.49%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Ecopetrol S.A. Assets
Year Assets Growth
2006 42.137.722.000.000
2007 48.112.080.000.000 12.42%
2008 48.702.412.000.000 1.21%
2009 55.559.517.000.000 12.34%
2010 68.769.356.000.000 19.21%
2011 92.277.386.000.000 25.48%
2012 113.879.578.000.000 18.97%
2013 132.427.994.000.000 14.01%
2014 142.181.291.000.000 6.86%
2015 122.995.950.000.000 -15.6%
2016 121.307.000.000.000 -1.39%
2017 120.675.000.000.000 -0.52%
2018 126.241.000.000.000 4.41%
2019 135.448.000.000.000 6.8%
2020 139.417.000.000.000 2.85%
2021 244.250.000.000.000 42.92%
2022 306.370.000.000.000 20.28%
2023 285.227.832.000.000 -7.41%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Ecopetrol S.A. Liabilities
Year Liabilities Growth
2006 21.301.976.000.000
2007 21.303.613.000.000 0.01%
2008 13.839.744.000.000 -53.93%
2009 22.048.249.000.000 37.23%
2010 26.955.224.000.000 18.2%
2011 35.335.900.000.000 23.72%
2012 46.536.530.000.000 24.07%
2013 56.735.043.000.000 17.98%
2014 69.439.384.000.000 18.3%
2015 77.764.182.000.000 10.71%
2016 75.988.000.000.000 -2.34%
2017 70.894.000.000.000 -7.19%
2018 66.937.000.000.000 -5.91%
2019 75.104.000.000.000 10.87%
2020 83.598.000.000.000 10.16%
2021 150.498.000.000.000 44.45%
2022 187.283.000.000.000 19.64%
2023 181.217.017.000.000 -3.35%

Ecopetrol S.A. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
71971.83
Net Income per Share
10547.97
Price to Earning Ratio
4.51x
Price To Sales Ratio
0.66x
POCF Ratio
4.71
PFCF Ratio
-22.87
Price to Book Ratio
1.25
EV to Sales
0.58
EV Over EBITDA
1.49
EV to Operating CashFlow
4.13
EV to FreeCashFlow
-20.05
Earnings Yield
0.22
FreeCashFlow Yield
-0.04
Market Cap
97.870,70 Bil.
Enterprise Value
85.799,96 Bil.
Graham Number
94964.65
Graham NetNet
-65268.11

Income Statement Metrics

Net Income per Share
10547.97
Income Quality
0.96
ROE
0.27
Return On Assets
0.07
Return On Capital Employed
0.17
Net Income per EBT
0.52
EBT Per Ebit
0.89
Ebit per Revenue
0.29
Effective Tax Rate
0.37

Margins

Sales, General, & Administrative to Revenue
0.04
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
-0.02
Gross Profit Margin
0.36
Operating Profit Margin
0.29
Pretax Profit Margin
0.26
Net Profit Margin
0.14

Dividends

Dividend Yield
0.2
Dividend Yield %
20.34
Payout Ratio
0.28
Dividend Per Share
2.48

Operating Metrics

Operating Cashflow per Share
10097.03
Free CashFlow per Share
-2081.59
Capex to Operating CashFlow
-1.21
Capex to Revenue
-0.17
Capex to Depreciation
-1.09
Return on Invested Capital
0.17
Return on Tangible Assets
0.08
Days Sales Outstanding
90.57
Days Payables Outstanding
49.79
Days of Inventory on Hand
46.77
Receivables Turnover
4.03
Payables Turnover
7.33
Inventory Turnover
7.8
Capex per Share
-12178.62

Balance Sheet

Cash per Share
6.723,78
Book Value per Share
37.999,04
Tangible Book Value per Share
40726.24
Shareholders Equity per Share
37999.04
Interest Debt per Share
46086.91
Debt to Equity
1.17
Debt to Assets
0.32
Net Debt to EBITDA
-0.21
Current Ratio
1.43
Tangible Asset Value
83.726,41 Bil.
Net Current Asset Value
-107.282,68 Bil.
Invested Capital
1.17
Working Capital
22.212,71 Bil.
Intangibles to Total Assets
0.07
Average Receivables
39.285,39 Bil.
Average Payables
11.822,80 Bil.
Average Inventory
10825994500000
Debt to Market Cap
0.93

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Ecopetrol S.A. Dividends
Year Dividends Growth
2008 1
2009 2 100%
2010 1 0%
2011 2 100%
2012 3 66.67%
2013 3 0%
2014 3 -50%
2015 1 -100%
2017 0 0%
2018 1 0%
2019 2 100%
2020 1 0%
2021 0 0%
2022 2 100%
2023 2 0%

Ecopetrol S.A. Profile

About Ecopetrol S.A.

Ecopetrol S.A. operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services. As of December 31, 2021, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. It also produces and commercializes polypropylene resins and compounds, and masterbatches; and offers industrial service sales to customers and specialized management services. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, South America, and internationally. 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.

CEO
Mr. Ricardo Roa Barragan
Employee
18.903
Address
Carrera 13 No. 36 - 24
Bogotá,

Ecopetrol S.A. Executives & BODs

Ecopetrol S.A. Executives & BODs
# Name Age
1 Mr. Rodolfo Mario García Paredes
Vice President of Legal
70
2 Mr. Luis Felipe Rivera Garcia
Vice President of Science, Technology & Innovation
70
3 Ms. Victoria Irene Sepúlveda Ballesteros
Corporate Vice President of Human Talent
70
4 Tommaso Giuseppe Mascarucci
Head of Capital Markets
70
5 Mr. Felipe Trujillo Lopez
Vice President of Commercial & Marketing
70
6 Mr. Alberto Consuegra Granger
Chief Operating Officer & Executive Vice President of Operations
70
7 Mr. Ricardo Roa Barragan
Chief Executive Officer
70
8 Dr. Ana Milena López Rocha
Corporate Vice President of Finance & Sustainable Value
70
9 Ms. Luz Elena Diaz Garcia
Corporate Vice President of Compliance
70
10 Marcela Ulloa
Head of Corporate Communications
70

Ecopetrol S.A. Competitors