Ecopetrol SA ADR (EC) revenue breakdown
By segment, Exploration and Production is the largest at 43% of fiscal 2025 revenue; Refining and petrochemicals grew fastest, 8% a year over 7 years.
By region, Colombia is the largest at 48% of fiscal 2025 revenue; Brazil grew fastest, 13% a year over 2 years.
Revenue by segment
Fiscal years, as Ecopetrol SA ADR reports them in its 10-K filings; fiscal 2025 total $167.12T.
| Segments | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|
| Exploration and Production | $50.37T | $52.67T | $36.84T | $63.25T | $91.02T | $81.52T | $81.09T | $71.05T | 43% |
| Refining and petrochemicals | $37.01T | $38.77T | $26.10T | $50.98T | $89.18T | $82.15T | $69.22T | $64.70T | 39% |
| Electric Power transmission and toll roads concessions | — | — | — | — | — | — | $15.81T | $16.03T | 10% |
| Transport and logistics | $11.35T | $13.07T | $12.19T | $12.16T | $13.96T | $15.51T | $15.13T | $15.34T | 9% |
| Power Transmission And Road | — | — | — | — | — | $14.17T | — | — | — |
| Electric power transmission and toll roads concessions | — | — | — | — | $13.36T | — | — | — | — |
| Electric power transmission and toll roads concessions | — | — | — | $4.11T | — | — | — | — | — |
Revenue by region
Fiscal years, as Ecopetrol SA ADR reports them in its 10-K filings; fiscal 2025 total $119.69T.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Colombia | $24.75T | $28.24T | $33.02T | $34.31T | $24.69T | $44.82T | $83.65T | $71.75T | $62.66T | $58.04T | 48% |
| USA | $11.96T | $12.53T | $14.77T | $17.37T | $11.37T | $16.03T | $27.12T | $24.99T | $27.09T | $27.38T | 23% |
| China | — | — | — | — | — | — | — | $13.94T | $8.39T | $7.71T | 6% |
| Brazil | — | — | — | — | — | — | — | $5.44T | $6.92T | $6.98T | 6% |
| India | — | — | — | — | — | — | — | $6.38T | $8.90T | $6.03T | 5% |
| Singapore and other Asian countries | — | — | — | — | — | — | — | $8.52T | $7.01T | $5.92T | 5% |
| Peru | — | — | — | — | — | — | — | $2.86T | $2.33T | $2.36T | 2% |
| Chile | — | — | — | — | — | — | — | $2.32T | $2.40T | $2.21T | 2% |
| Other South America countries | — | — | — | — | — | — | — | $1.59T | $4.56T | $1.96T | 2% |
| Central America And the Caribbean | $3.55T | $6.07T | $4.45T | $3.47T | $2.58T | $3.50T | $9.84T | $2.64T | $412.0B | $691.0B | 1% |
| Europe | $2.95T | $1.03T | $1.13T | $1.31T | $794.9B | $1.45T | $2.84T | $2.75T | $2.66T | $423.0B | 0% |
| Asia continent | $2.72T | $6.14T | $12.27T | $13.53T | $9.50T | $20.36T | $22.55T | — | — | — | — |
| South America And Others | $2.57T | $1.95T | $2.97T | $1.50T | $1.30T | $5.73T | $13.61T | — | — | — | — |
Questions
Where does Ecopetrol SA ADR make its money?
In fiscal 2025, by segment: Exploration and Production $71.05T, Refining and petrochemicals $64.70T, Electric Power transmission and toll roads concessions $16.03T, Transport and logistics $15.34T.
From Ecopetrol SA ADR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.