EC
Ecopetrol SA
$16.49
▲ 2.9%Updated Today 3:42 PM ET
EC at a glance — five pillars scored 0–100 from real filed financials.
Overall: Weak · 32/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 59.1% over the last 12 months
Market Cap
$26.21B
P/E
12.76x
Forward P/E (est.)
18.23x
ROE
11.2%
Revenue Growth
-10.2%
EPS Growth
-39.5%
Profit Margin
7.5%
FCF Yield
—
Debt / Equity
1.3x
ROIC
16.0%
Interest Coverage
3.73x
Current Ratio
1.53x
Dividend Yield
4.7%
Implied Growth (rev. DCF)
-18.6%
Rating Score
32/100
Ecopetrol SA (EC) is a large-cap company in the Energy industry, part of the Energy sector of the S&P 500, with a market value around $26.21B.
In its latest reported year it generated about $33.33B in revenue and $3.46B in net profit.
Our model rates EC Weak (32/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
Some durable-advantage evidence, but not across the board — dig into which ingredient is weak and whether it's cyclical or structural.
39.2% average over the last 3 years
±5.5 pts around 35.2% across 10 years
grew in 5 of the last 9 year-over-year periods
positive in 10 of 10 years
16.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what EC's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. EC trades near $16.49, above its 50-day average ($14.58) and 200-day average ($12.08). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 32 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. EC's is $0.78 (~4.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month EC found buyers near $14.05 (support) and sellers near $17.75 (resistance); its 52-week range is $8.27–$17.75. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.3× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
27.6%
Revenue moved from $13.09B in 2015 to $33.33B in 2024, a 10.9% compound annual growth rate. The most recent year declined 10.2% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?
Gross Margin
35.1%
Operating Margin
28.8%
Net Margin
10.4%
ROE
11.2%
Ecopetrol SA keeps about 7.5% of each sales dollar as net profit, with a 35.1% gross margin and 28.8% operating margin. Return on equity is 11.2% and return on invested capital about 16.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$27.17B
Net Debt
$23.66B
Net Debt / EBITDA
2.46x
Debt / Equity
1.3x
Leverage: debt-to-equity is 1.3x, and operating profit covers interest about 3.7x, with a current ratio of 1.5x. That is a moderate, manageable debt load for most businesses. It carries roughly $27.17B of total debt against $3.51B of cash.
Operating CF
$11.28B
Free Cash Flow
$8.90B
FCF Margin
26.7%
In the latest year Ecopetrol SA produced about $11.28B of operating cash flow and $8.90B of free cash flow after capital spending. Cash flow is what ultimately pays shareholders, so it is worth tracking over time.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
Coverage is weak, the payout was cut recently, or it's being financed rather than earned — treat the current yield as fragile.
Dividend yield
4.7%
Per share (latest FY)
$2312.81
Total paid (latest FY)
$3.89B
History on record
10 years
dividend uses 44% of free cash flow
112% of net income paid out
total dividends increased 1 year in a row
payout was cut at least once in the last 10 years
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
12.76x
P/S
0.88x
P/B
1.01x
EV / EBITDA
3.72x
EC trades at 12.8x trailing earnings (about 18.2x on estimated forward earnings), 0.9x sales, and 1.0x book value. Reverse-engineering today's price implies the market expects roughly -18.6% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$2.22
Current price
$16.49
Starting FCF (latest 10-K)
$8.90B
Growth, years 1–5
-5.0%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where EC sits versus its Energy sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 47 Energy companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How EC stacks up against its Energy peers — valuation, profitability, and growth versus the sector median.
In the Energy sector (57 S&P 500 companies), EC ranks #46 of 57 by our overall rating. It trades at a discount versus the sector on earnings (12.8x P/E vs. 19.3x median) with a lower return on equity (11.2% vs. 13.3%) and slower revenue growth (-10.2% vs. 0.7%).
P/E vs sector
12.8x
median 19.3x
ROE vs sector
11.2%
median 13.3%
Growth vs sector
-10.2%
median 0.7%
Sector rank
#46
of 57 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Energy companies by sub-industry and size. Sector median is across all 57 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $16.49 today · expected CAGR 3% – 14%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $34.33B | $35.36B | $36.42B | $37.52B | $38.64B |
| Net income | $3.43B | $3.54B | $3.64B | $3.75B | $3.86B |
| EPS | $2.16 | $2.22 | $2.29 | $2.36 | $2.43 |
| Share price (low) | $17.28 | $17.80 | $18.33 | $18.88 | $19.45 |
| Share price (high) | $28.08 | $28.92 | $29.79 | $30.68 | $31.60 |
| CAGR (low–high) | 5% / 70% | 4% / 32% | 4% / 22% | 3% / 17% | 3% / 14% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for EC:
- Pays a 4.7% dividend on top of any price gains.
- As an established S&P 500 member in Energy, it brings scale and a long operating history.
The case against EC:
- Revenue growth is slow/negative (-10.2%), limiting the upside engine.
- Our model's overall read is Weak (32/100).
Balance-sheet risk — debt/equity of 1.3x magnifies the impact of higher rates or weaker earnings.
Growth risk — sluggish revenue (-10.2%) leaves little margin for execution missteps.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the fundamentals screen weakly: Ecopetrol SA is a large-cap energy business with shrinking revenue, with modest profitability, and a heavier debt load to watch. It trades at 12.8x earnings, which our model scores Weak (32/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 11 Wall Street analysts covering EC recommend (July 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more positive over the last three months (+9 pts of buy ratings).
Latest SEC Filings
EC's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
EC — frequently asked questions
Is EC a good stock to buy?
We don't give buy or sell advice. Our model rates Ecopetrol SA Weak (32/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is EC's rating on The Stocks School?
Ecopetrol SA currently scores 32/100 (Weak) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does EC's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Ecopetrol SA's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for EC calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this EC analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell EC. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.