Ecopetrol SA operates within the Crude petroleum and natural gas sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ecopetrol SA with three other
crude oil and natural gas companies in developing countries:
Oil & Natural Gas Corporation Limited
sales of 1.31 trillion Indian Rupees [US$20.12 billion]
of which 42%
was Exploration & Production - Offshore),
(1.01 trillion Japanese Yen [US$8.96 billion]
of which 51%
was MidEast&Africa), and
Cosmo Energy Holdings Co Ltd
based in Japan
(2.24 trillion Japanese Yen [US$19.93 billion]
of which 97%
was Oil Business).
During the year ended December of 2016, sales at
Ecopetrol SA were 47.73 trillion Colombian Pesos (US$16.37 billion).
decrease of 8.4%
versus 2015, when the company's sales were 52.09 trillion Colombian Pesos.
Contributing to the drop in overall sales was the 22.3% decline
in Exploration and Production, from 25.41 trillion Colombian Pesos to 19.76 trillion Colombian Pesos.
There were also decreases in sales in
Transportation and Logistics (down 11.0% to 3.76 trillion Colombian Pesos)
However, these declines were partially offset by the increase in sales of
Refining and Petrochemicals (up 7.7% to 24.18 trillion Colombian Pesos)