Valuation Ecopetrol S.A.

Stocks

ECOPETROL

COC04PA00016

Oil & Gas Exploration and Production

End-of-day quote Bolsa De Valores De Colombia Other stock markets 14/07/2026			5-day change	1st Jan Change
2,630.00 ^COP	+3.34%		+8.23%	+40.64%

07-10	LatAm assets head for weekly advance as risk appetite improves	RE
07-09	LatAm currencies gain as easing oil prices lift risk appetite, stocks mixed	RE

Company Valuation: Ecopetrol S.A.

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	110,603,909	99,502,401	96,213,066	68,870,464	76,888,219	108,136,907	-	-
Change	-	-10.04%	-3.31%	-28.42%	11.64%	40.64%	-	-
Enterprise Value (EV) ¹	189,487,781	198,074,055	187,831,550	173,929,477	173,556,219	199,997,045	196,736,110	192,851,820
Change	-	4.53%	-5.17%	-7.4%	-0.21%	15.23%	-1.63%	-1.97%
P/E	6.63x	3.15x	4.57x	4.61x	8.52x	6.09x	6.81x	7.2x
PBR	1.54x	1.15x	1.23x	0.82x	0.92x	1.27x	1.2x	1.11x
PEG	-	0x	-0.1x	-0.2x	-0.2x	0.1x	-0.6x	-1.31x
Capitalization / Revenue	1.21x	0.62x	0.67x	0.52x	0.64x	0.86x	0.89x	0.91x
EV / Revenue	2.07x	1.24x	1.31x	1.3x	1.45x	1.59x	1.63x	1.62x
EV / EBITDA	4.52x	2.63x	3.09x	3.21x	3.72x	3.71x	3.92x	3.96x
EV / EBIT	6.4x	3.28x	4.29x	4.63x	6.51x	5.29x	5.84x	6.02x
EV / FCF	19.6x	12.8x	-53.5x	6.94x	14.6x	17.2x	15.1x	17x
FCF Yield	5.11%	7.83%	-1.87%	14.4%	6.86%	5.81%	6.63%	5.87%
Dividend per Share ²	243	487	-	-	-	136.3	146.9	219.6
Rate of return	9.03%	20.1%	-	-	-	5.18%	5.59%	8.35%
EPS ²	406	768.7	512.2	363.2	219.6	431.6	386.2	365
Distribution rate	59.9%	63.4%	-	-	-	31.6%	38%	60.2%
Net sales ¹	91,744,000	159,474,000	143,079,000	133,328,000	119,694,000	125,724,943	120,903,552	119,344,052
EBITDA ¹	41,967,000	75,244,000	60,718,000	54,143,000	46,676,000	53,960,637	50,158,394	48,712,460
EBIT ¹	29,594,000	60,381,000	43,746,000	37,593,000	26,656,000	37,826,923	33,675,721	32,016,198
Net income ¹	16,695,000	33,406,000	19,062,000	14,935,000	9,029,000	14,966,996	12,250,758	11,281,285
Net Debt ¹	78,883,872	98,571,654	91,618,484	105,059,013	96,668,000	91,860,138	88,599,203	84,714,913
Reference price ²	2,690.00	2,420.00	2,340.00	1,675.00	1,870.00	2,630.00	2,630.00	2,630.00
Nbr of stocks (in thousands)	41,116,695	41,116,695	41,116,695	41,116,695	41,116,695	41,116,695	-	-
Announcement Date	01/03/22	28/02/23	29/02/24	04/03/25	04/03/26	-	-	-

¹COP in Million²COP

Estimates

P/E, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ECOPETROL S.A.	6.09x	1.59x	3.71x	5.18%	33.2B
CONOCOPHILLIPS	10.98x	2.15x	5.09x	3.02%	136B
CANADIAN NATURAL RESOURCES LIMITED	11.05x	3.06x	5.7x	4.16%	88.81B
EOG RESOURCES, INC.	7.84x	2.66x	4.49x	2.99%	73.51B
OCCIDENTAL PETROLEUM CORPORATION	8x	2.55x	4.06x	1.88%	54.28B
DIAMONDBACK ENERGY, INC.	12.63x	3.53x	5.08x	2.27%	53.64B
CENOVUS ENERGY INC.	8.79x	1.32x	4.58x	2.21%	51.6B
DEVON ENERGY CORPORATION	9.53x	2.4x	4.59x	2.71%	50.06B
WOODSIDE ENERGY GROUP LTD	10.92x	3.12x	4.62x	6.96%	40.12B
EQT CORPORATION	10.43x	3.82x	5.44x	1.32%	31.16B
Average	9.63x	2.62x	4.74x	3.27%	61.27B
Weighted average by Cap.	9.89x	2.57x	4.84x	3.21%