EC

Ecopetrol SA

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Advanced Chart

9.050

-0.33(-3.518%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

9.370

Open

9.300

VWAP

9.11

Vol

1.94M

Mkt Cap

372.11B

Low

9.050

Amount

17.69M

EV/EBITDA(TTM)

4.40

Total Shares

2.06B

208.41T

EV/OCF(TTM)

6.48

P/S(TTM)

0.59

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

24.84T

-20.8%

0.000

-100%

25.36T

-27.12%

0.605

+60.58%

26.02T

-24.83%

0.428

+6.97%

Estimates Revision

The market is revising Downward the revenue expectations for Ecopetrol S.A. (EC) for FY2025, with the revenue forecasts being adjusted by -4.69% over the past three months. During the same period, the stock price has changed by 4.50%.

Revenue Estimates for FY2025

Revise Downward

-4.69%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-94.2%

In Past 3 Month

Stock Price

Go Up

+4.50%

In Past 3 Month

4 Analyst Rating

-4.09% Downside

Wall Street analysts forecast EC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for EC is 8.68 USD with a low forecast of 7.00 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

2 Hold

1 Sell

Hold

-4.09% Downside

Current: 9.050

Low

7.00

Averages

8.68

High

10.00

-4.09% Downside

Current: 9.050

Low

7.00

Averages

8.68

High

10.00

Grupo Santander

Underperform -> Neutral

upgrade

$10

2025-07-02

Reason

Grupo Santander

Price Target

$10

2025-07-02

upgrade

Underperform -> Neutral

Reason

Grupo Santander upgraded Ecopetrol to Neutral from Underperform with a price target of $10, up from $8.60.

JP Morgan

Rodolfo Angele

Sell

Hold

Upgrades

$7.5 → $9.5

2025-02-13

Reason

JP Morgan

Rodolfo Angele

Price Target

$7.5 → $9.5

2025-02-13

Upgrades

Sell

Hold

Reason

JPMorgan analyst Rodolfo Angele upgraded Ecopetrol to Neutral from Underweight with a $9.50 price target. Colombia has experienced a de-risking trend, with significant capital inflows making it the best-performing Latin American market in January, rising by 21.2%, the analyst tells investors in a research note. The firm says Ecopetrol should be a key beneficiary of any inflows into Colombia. As such, JPMorgan sees a fair valuation at current share levels.

JP Morgan

Rodolfo Angele

Sell

Maintains

$8.5 → $7.5

2024-10-30

Reason

JP Morgan

Rodolfo Angele

Price Target

$8.5 → $7.5

2024-10-30

Maintains

Sell

Reason

JP Morgan

Rodolfo Angele

Hold

Sell

Downgrades

$12 → $8.5

2024-09-25

Reason

JP Morgan

Rodolfo Angele

Price Target

$12 → $8.5

2024-09-25

Downgrades

Hold

Sell

Reason

JPMorgan analyst Rodolfo Angele downgraded Ecopetrol to Underweight from Neutral with a price target of $8.50, down from $12. The firm cites the company's operational setbacks and margin contractions, which are pressuring its estimates downward, for the downgrade. JPMorgan updated estimates and established December 2025 price targets for the Latin America oil and gas sector, incorporating a more conservative scenario regarding oil prices, production curves, and margins.

Goldman Sachs

Bruno Amorim

Hold

Maintains

$11 → $9.5

2024-09-24

Reason

Goldman Sachs

Bruno Amorim

Price Target

$11 → $9.5

2024-09-24

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Ecopetrol SA (EC.N) is 6.70, compared to its 5-year average forward P/E of 5.79. For a more detailed relative valuation and DCF analysis to assess Ecopetrol SA 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

5.79

Current PE

6.70

Overvalued PE

7.63

Undervalued PE

3.94

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Overvalued

5Y Average EV/EBITDA

3.75

Current EV/EBITDA

4.46

Overvalued EV/EBITDA

4.37

Undervalued EV/EBITDA

3.13

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

0.78

Current PS

0.76

Overvalued PS

1.02

Undervalued PS

0.55