Business Segments Ecopetrol S.A.

Equities

ECOPETROL

COC04PA00016

Oil & Gas Exploration and Production

End-of-day quote Bolsa De Valores De Colombia Other stock markets 13/03/2026			5-day change	1st Jan Change
2,555.00 ^COP	-0.58%		+5.36%	+36.63%

14/03	Colombia says Venezuela's PDVSA plans to end pipeline contract with Ecopetrol	RE
12/03	Ecopetrol President Ricardo Roa Indicted for Alleged Influence Peddling	MT

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

: Breakdown by Business Segment

Breakdown by Business Segment (COP)

Fiscal Period: December	2021	2022	2023	2024	2025
Electric Power Transmission and Control
Energy Transmission and Toll Roads	4,11300Cr	13,35800Cr	14,16800Cr	15,80600Cr	-
Interest Expense	-89TCr	-3,88400Cr	-3,98400Cr	-3,76700Cr	-
Income Tax Expense	47TCr	71TCr	53TCr	81TCr	-
CAPEX	-56TCr	-1,83300Cr	-1,65100Cr	-1,10800Cr	-
EBT	1,63900Cr	3,75400Cr	4,06600Cr	5,11100Cr	-
Gross Profit	2,29600Cr	7,50300Cr	8,23900Cr	8,85400Cr	-
D&A	46TCr	1,41500Cr	-	-	-
Operating Income	1,92100Cr	6,34500Cr	6,64600Cr	7,65600Cr	-
Net Income	39TCr	67TCr	67TCr	97TCr	-
Oil and Gas Pipelines
Transport and Logistics	12,15800Cr	13,95600Cr	15,51000Cr	15,13400Cr	-
Interest Expense	-25TCr	-29TCr	-35TCr	-33TCr	-
Income Tax Expense	2,92500Cr	2,96200Cr	3,42000Cr	3,40600Cr	-
CAPEX	-1,39200Cr	-2,51400Cr	-2,70200Cr	-1,53500Cr	-
EBT	8,67100Cr	8,61200Cr	9,29500Cr	9,80800Cr	-
Gross Profit	8,89800Cr	10,06300Cr	11,13000Cr	10,75600Cr	-
D&A	1,21200Cr	1,44900Cr	-	-	-
Operating Income	8,46300Cr	8,73300Cr	9,48600Cr	9,59500Cr	-
Net Income	4,63500Cr	4,48300Cr	4,61800Cr	5,17000Cr	-
Oil and Gas Production
Exploration and Production	63,24900Cr	91,02000Cr	81,40400Cr	81,08500Cr	-
Interest Expense	-2,41100Cr	-2,89500Cr	-4,87300Cr	-5,03700Cr	-
Income Tax Expense	5,02000Cr	13,83000Cr	8,84800Cr	7,71200Cr	-
CAPEX	-9,47300Cr	-16,56900Cr	-18,22300Cr	-17,70900Cr	-
EBT	16,76000Cr	35,46100Cr	18,61700Cr	16,90000Cr	-
Gross Profit	22,91400Cr	44,27100Cr	29,57700Cr	26,22200Cr	-
D&A	6,84500Cr	7,30500Cr	-	-	-
Operating Income	18,86300Cr	37,35900Cr	19,98000Cr	20,81600Cr	-
Net Income	11,82900Cr	21,76100Cr	9,86000Cr	9,27400Cr	-
Oil and Gas Refining and Marketing
Downstream	50,97600Cr	89,17900Cr	82,14800Cr	69,22000Cr	-
Interest Expense	-1,15100Cr	-1,38200Cr	-1,74800Cr	-1,67900Cr	-
Income Tax Expense	38TCr	1,46400Cr	69TCr	-84TCr	-
CAPEX	-1,86800Cr	-96TCr	-74TCr	-1,69900Cr	-
EBT	-64TCr	6,33500Cr	4,81400Cr	-1,12100Cr	-
Gross Profit	2,44100Cr	8,84700Cr	6,43100Cr	1,50200Cr	-
D&A	1,64100Cr	1,96000Cr	-	-	-
Operating Income	42TCr	7,69500Cr	5,45500Cr	37TCr	-
Net Income	-1,19900Cr	4,68600Cr	3,91300Cr	-48TCr	-
Eliminations	-38,61600Cr	-47,90200Cr	-50,15100Cr	-47,91700Cr	-
Interest Expense	27TCr	42TCr	57TCr	49TCr	-
EBT	-314.9Cr	86Cr	-379.7Cr	724.5Cr	-
Gross Profit	-25TCr	-53TCr	-48TCr	-49TCr	-
Operating Income	3.32TCr	9.85TCr	8.09TCr	2.01TCr	-
Net Income	-314.9Cr	86Cr	-379.7Cr	724.5Cr	-

Geographical Revenue Distribution History

Geographical breakdown of sales (COP)

Fiscal Period: December	2021	2022	2023	2024	2025
South America and Others	5,72700Cr	13,61000Cr	12,11700Cr	16,20900Cr	-
Asia	20,35500Cr	22,54800Cr	28,84100Cr	24,29600Cr	-
United States	16,02500Cr	27,12100Cr	24,99200Cr	27,09400Cr	-
Europe	1,44800Cr	2,84000Cr	2,75000Cr	2,66300Cr	-
Colombia	44,82200Cr	83,65200Cr	71,74500Cr	62,65600Cr	-
Central America and The Caribbean	3,50400Cr	9,84100Cr	2,63400Cr	41TCr	-