Also trades as E1CO34.SA.

EC

BuyPremium GrowerAI neutral

Ecopetrol S.A. · Energy · Colombia · $34.3B cap · $26.7M/day traded

$17.23 +1.7% · close 12 Oct · scored 14 Oct

Premium Grower: Strong business with the market behind it, priced at a premium.

76
StockRank
Get score and insider alerts

Report expected 12 Nov: the next-year EPS estimate has risen 20.6% over the last 13 weeks.

Quality
51
Value
47
Momentum
72

As of 14 Oct 2026, MoatMap's StockRank for Ecopetrol S.A. (EC) is 76/100, ranked against 24,000+ stocks in 35 markets (Quality 51, Value 47, Momentum 72, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
9.2x
peers 8.0x
ROE
15.9%
peers 28.6%
D/E
1.0x
peers 1.8x
Dividend %
3.9%
trailing yield
AI CONVICTION THESIS

Ecopetrol is Colombia's state-controlled integrated oil company. Brent near $100 helps its earnings, and forward estimates rose 13.6% in the past month. It has also just seen a new CEO, a new board chairman and several senior management changes, and state control means capital allocation often follows government priorities rather than those of minority shareholders. Its reserve life is short and it faces restrictions on new exploration.

ABOUT ECOPETROL S.A.

Read

Ecopetrol S.A. is the largest integrated oil and gas company in Colombia, engaged in exploration, production, transportation, refining, and marketing of hydrocarbons. The company is a key player in the country's energy sector, owning most of Colombia's crude oil and natural gas pipelines and operating major refineries. Its vertically integrated operations and strategic national importance provide a robust competitive position and stable market presence.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue50.1B44.9B41.8B37.5B-9.1%36.5B39.9B36.6B-1.2%
EPS101.9458.1745.5727.55-35.3%—50.9140.4121.1%
Shares2.1B2.1B2.1B2.1B0.0%2.1B———
Debt36.1B33.2B37.6B34.3B-1.7%33.3B———
Equity27.0B23.7B25.0B25.5B-1.9%————
Op CF11.4B6.2B14.2B10.5B-2.7%10.2B———
Inv CF-5.7B-6.3B-6.9B-5.6B—————
Fin CF-5.9B-111.4M-7.1B-5.4B—————
Loading 1Y...
PRICE (1Y) · USD+3.4%
16.316.817.317.818.331 Aug22 Sep12 Oct
SMA 50SMA 200

Price checkIn an uptrendExperimental

Above its 200-day average and 6% below its 52-week high.

SwingsAverage

Calmer than 53% of stocks we rank over the past year (40% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$17.23
RSI (14)
54.6
52-Week Range-6.3% from high
Low $8.16High $18.38

SCORE BREAKDOWN

Quality
51
ROIC
14.7%77.2
ROE
15.9%74.4
GP/Assets
13.3%39.0
Op. Margin
0.0%18.1
FCF/Assets
4.4%55.2
Piotroski
664.8
Int. Cover
2.9x39.1
D/E Ratio
0.96x21.1
Current Ratio
1.51x55.1
Value
47
P/E (TTM)
9.2x74.9
EV/EBITDA
—N/A
P/FCF
9.0x65.6
P/B
27.5x1.1
P/S
1.0x67.9
Div Yield
3.9%59.7
Momentum
72
52W High %
94%74.5
RS 6M
14%75.7
SMA 50/200
1.19x84.3
EPS Rev 4W
+10.0%83.5
EPS Rev 12W
+20.6%84.4
EPS Improve
+2%25.4
Q Growth
235%80.4

FUNDAMENTALS

Market Cap
$34.3B
P/E (Forward)
9.0x
Gross Margin
37.1%

SECTOR PEERS

Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of EC are excluded.

TickerCompanyMkt CapStockRankSignal
ECEcopetrol S.A.(you)$34.3B76Buy
GPRKGeoPark Limited$721M88Strong Buy

Peer medians: ROE 28.6% · P/E 8.0x · Gross margin 69.5%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

Ecopetrol S.A. (EC): Stock Score Summary

Ecopetrol S.A. (EC) has a MoatMap StockRank of 76/100 based on Quality (51/100), Value (47/100), and Momentum (72/100) factor scores. The current signal is BUY. Ecopetrol is Colombia's state-controlled integrated oil company. Brent near $100 helps its earnings, and forward estimates rose 13.6% in the past month. It has also just seen a new CEO, a new board chairman and several senior management changes, and state control means capital allocation often follows government priorities rather than those of minority shareholders. Its reserve life is short and it faces restrictions on new exploration.

Ecopetrol S.A. is the largest integrated oil and gas company in Colombia, engaged in exploration, production, transportation, refining, and marketing of hydrocarbons. The company is a key player in the country's energy sector, owning most of Colombia's crude oil and natural gas pipelines and operating major refineries. Its vertically integrated operations and strategic national importance provide a robust competitive position and stable market presence.

Key Financial Metrics

Price$17.23
Market Cap$34.3B
P/E (TTM)9.21
P/E (Forward)8.99
Price/Book27.50
Return on Equity15.9%
Return on Invested Capital14.7%
Debt/Equity0.96x
Gross Margin37.1%
Operating Margin0.0%
Revenue Growth35.5%
Dividend Yield3.9%
Free Cash Flow$3.8B

Ecopetrol S.A. operates in the Oil & Gas Integrated industry, part of the Energy sector (Colombia).

Frequently Asked Questions

What is Ecopetrol S.A.’s (EC) StockRank?
MoatMap’s StockRank for Ecopetrol S.A. (EC) is 76/100, with a Buy signal. It is a composite of Quality (51), Value (47), and Momentum (72), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does Ecopetrol S.A. have an economic moat?
Ecopetrol S.A. (EC) has a Quality factor score of 51/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Ecopetrol S.A. a buy, hold, or sell?
MoatMap’s current signal for Ecopetrol S.A. (EC) is Buy, based on a StockRank of 76/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Ecopetrol S.A. in?
Ecopetrol S.A. (EC) operates in the Energy sector, specifically the Oil & Gas Integrated industry (Colombia).