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Ecopetrol SA (EC)
NYSE:EC
Earnings Data
Report Date
Aug 06, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.29Last Year’s EPS
1,779.42Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 7.23%
|Next Earnings Date:Aug 06, 2025
Earnings Call Sentiment|Neutral
Ecopetrol demonstrated strong operational performance and progress in strategic energy initiatives, despite facing challenges such as a decrease in refining margin, tax disputes with DIAN, and the impact of lower Brent prices on financial results.Company Guidance
During Ecopetrol's earnings conference call for the first quarter of 2025, the company provided guidance amidst a backdrop of global uncertainty and volatile Brent prices. Ecopetrol reported an average production of 745,000 barrels of oil equivalent per day, aligning with annual goals despite local challenges. The refining margin decreased by $3.9 per barrel compared to the previous year, primarily due to product differentials and scheduled maintenance. The company highlighted significant progress in natural gas projects, including a regasification services contract on Colombia’s Pacific Coast, expected to begin operations in the second quarter of 2026, with a capacity of 60 giga BTUD. Additionally, Ecopetrol aims to achieve 900 megawatts of self-generation capacity in renewable energy. The financial report showed stability with an EBITDA of COP 13.3 trillion and a margin of 42%, despite lower Brent prices. The investment execution reached nearly 20%, with a focus on optimizing costs and reinforcing operational efficiency. The company remains committed to maintaining a strong financial position while navigating the energy transition and addressing challenges in the market.Strong Production Performance
Ecopetrol achieved a production of 745,000 barrels of oil equivalent per day, marking the highest crude oil production in Colombia in the last five years.
Significant Progress in Gas Initiatives
Ecopetrol signed a regasification services contract on Colombia's Pacific Coast with a project potential of 60 Giga BTUD, expected to begin operations in 2026.
Efficiency and Cost Management
The energy efficiency program generated savings of nearly COP 23 billion, with a total of 21 petajoules achieved since 2018.
ISA's Strong Contribution
ISA exhibited comprehensive growth with an increase of 9% in revenues and 8% in EBITDA year-over-year, contributing 13% of Ecopetrol's revenues and 18% of EBITDA.
EC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $7.88 | $7.91 | +0.38% |
Mar 05, 2025 | $8.21 | $8.44 | +2.80% |
Nov 13, 2024 | $6.63 | $6.96 | +4.98% |
Aug 13, 2024 | $9.47 | $9.15 | -3.38% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ecopetrol SA (EC) report earnings?
Ecopetrol SA (EC) is schdueled to report earning on Aug 06, 2025, TBA Not Confirmed.
What is Ecopetrol SA (EC) earnings time?
Ecopetrol SA (EC) earnings time is at Aug 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EC EPS forecast?
EC EPS forecast for the fiscal quarter 2025 (Q2) is 0.29.