Ecopetrol (EC) Stock Analysis & Forecast

Ecopetrol S.A. Energy minerals sector. Market cap $36.14B.

$17.58+0.20 (+1.2%)

Close on Sep 18, 2026. Page updated Sep 19, 9:16 pm ET.

Gekko Brief

AI summary

Ecopetrol (EC) closes at $17.58, up 1.2%, and sits above both its 50-day average of $16.92 and its 200-day average of $14.04. The GekkoIndex reads 57.1, placing the stock in the Neutral zone. Shares trade 28.4% below Gekko Fair Value of $24.57. Over the past year the stock has returned 88.6%, with a six-month gain of 20.1% and a three-month gain of 6%, against a 1.7% pullback over the past month. The 52-week range spans $8.57 to $18.38.

This week's news centers on leadership turnover. Ecopetrol named Carlos Augusto Suárez Rojas as board chairman, replacing Luis Felipe Henao Cardona, alongside a reorganization of the board's six main committees; reports tied the appointment to ties with President Abelardo De La Espriella's administration. Separately, Alfonso Camilo Barco Muñoz was named acting CEO, succeeding Juan Carlos Hurtado Parra following an approved retirement, while board member Hildebrando Vélez Galeano resigned without a stated reason. A broader board overhaul was also approved amid reported corruption allegations and additional management changes.

Looking ahead, the next earnings report is scheduled for 10 November 2026, 51 days out and beyond a typical 20-trading-day holding window. The last quarterly result beat estimates, with EPS of $0.26 versus $0.23 expected, producing a 7.9% reaction. Seasonality over the next 20 trading days has averaged -0.3% across 5 years, rising in 2 of them. Three covering analysts hold a consensus target of $13.91, implying -20.9% versus the current price. No insider, Congress, or unusual options activity appears in the recent windows.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $17.58200-day averageGekko Fair Value $24.57

Key stats

Market cap
$36.14B
P/E ratio
11.3
Forward P/E
5.7
EPS, TTM
$1.54
Revenue, TTM
$125.7T
Profit margin
10.2%
Dividend yield
Beta
-0.05
Volume
1.37M avg 1.60M
1-year return
+88.6%
Typical daily move
±3.2%
Typical 20-day move
±6.9%
50-day average
$16.92
200-day average
$14.04
Next earnings
Nov 10
Shares outstanding
2.06B
52-week range
$8.57$18.38

Ecopetrol swing-trade checklist

Ecopetrol scores 3 supportive, 1 mixed and 1 headwind across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed1 headwind

  • Trendsupportive

    Above 50 and 200-day

    Close $17.58 is above the 50-day ($16.92) and 200-day ($14.04) averages, and the 50-day is above the 200-day.

    See the chart
  • GekkoIndexmixed

    57.1, Neutral

    Reading 57.1 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    28.4% below

    Price is 28.4% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 51 days

    Next report Nov 10, 2026, 51 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −0.3% on average

    From this point in the calendar, the next 20 trading days averaged −0.3% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Ecopetrol stock chart and price history

Ecopetrol closed at $17.58 on Sep 18, 2026, +88.6% over the past year, inside a 52-week range of $8.57 to $18.38.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−1.7%
3 months
+6.0%
6 months
+20.1%
1 year
+88.6%
The full EC chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open EC in Gekko

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About Ecopetrol

Ecopetrol works across the oil and gas business, searching for reserves, developing them, and pulling crude and natural gas out of the ground. It has built a name around covering the whole path from raw extraction to finished products such as motor fuels, fuel oils, and petrochemical goods.

Its operations are split into three parts. One part is dedicated to finding and producing oil and gas. A second handles moving those resources, running pipelines and other logistics needed to get output to where it is processed or sold. The third takes crude through refining, turning it into usable fuels and petrochemical products.

The company traces its start back to 1948 and runs its operations out of Bogota, Colombia. It trades under the ticker EC.

Sector
Energy minerals
Website
ecopetrol.com.co

Ecopetrol GekkoIndex: the smart money zone

Ecopetrol’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 57.1, in the Neutral zone, up 5 points over five sessions.

010057.1Neutral

Up 5 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying34+0.4%+1.6%−0.7%−1.5%
Accumulation188+0.6%+1.1%+2.4%+1.9%
Neutral (current zone)340+0.4%+0.8%+2.4%+5.3%
Distribution52+0.7%+0.4%−2.5%+9.3%
Selling1Too few readings yet

Average EC share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.2% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the EC price, zone by zone.Track EC in Gekko

Is Ecopetrol stock overvalued? Gekko Fair Value

Ecopetrol trades 28.4% below Gekko Fair Value of $24.57, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Ecopetrol shares are worth, recalculated every trading day.

$24.57

Gekko Fair Value, Sep 19, 2026

28.4% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open EC in Gekko

Ecopetrol insider and Congress trading

No open-market insider purchases were filed for Ecopetrol, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for EC in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every EC insider filing, plotted on the chart in Gekko.Open EC in Gekko

Congress trades last 90 days

No trades in EC were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for EC, plotted on the chart in Gekko.Open EC in Gekko

Ecopetrol earnings: next date and track record

Ecopetrol reports on Nov 10, 2026 (51 days away), and beat the EPS estimate in 1 of its last 1 report.

1 of 1reports beat the EPS estimate
±7.9%average move across the report
1 of 1reports followed by a gain

Last earnings call, Mar 4, 2026 AI summary

What they said
Ecopetrol's Q4 and Full Year 2025 call emphasized disciplined execution, strong operational performance and financial resilience in a lower-price environment. Management highlighted they met 2025 targets: average production of ~745,000 bbl/d, transportation >1.1 million bbl/d, refining throughput ~417,000 bbl/d, 121% reserves replacement, a 44% three‑year exploration success rate (16 wells drilled, 7 successful), second-highest net profit in company history and EBITDA of COP 46.7 trillion with an EBITDA margin around 39%. The efficiency and profitability program delivered ~COP 6.6 trillion in 2025 and ~COP 23 trillion over five years. The Group exceeded renewable capacity targets (951 MW) and progressed key projects (Sirius gas marketing, Lorito commercial declaration, Windpeshi civil works, upcoming green hydrogen at Cartagena). Management reiterated capital discipline for 2026 while keeping flexibility to increase CapEx toward the top of the announced COP 22–27 trillion range if higher oil prices persist. Key operational/financial metrics and actions to mitigate headwinds (FX management, time chartering for shipping, contractual hedges, reserve reclassification/monetization) were discussed. The company addressed tax and regulatory uncertainties (DIAN controversy, royalties monetization with ANH, Brazil reserves timing) and provided operational explanations for production variances (weather, infrastructure incidents).
Guidance
2026 guidance and commitments: CapEx plan of COP 22–27 trillion with optionality to move toward COP 27 trillion if oil prices remain high; breakeven estimated ~US$46/barrel for 2026 (down from ~US$50 in 2025) with a tax component of ~US$9–10/bbl; lifting cost target below US$12/bbl assuming current FX trends; Permian activity estimate of ~38–40 wells for the year; Delaware contract in joint venture runs until Dec 31, 2026; dividend recommendation: COP 110 per share (5.1% of distributable profit); Sirius project CapEx (consortium): ~$1.2 billion exploration + ~$2.9 billion for development (financing schemes under evaluation).
Risks flagged
DIAN tax controversy (ongoing administrative and judicial processes, potential fines and long timelines); commodity price volatility and freight-cost spikes from geopolitical events (Middle East conflict) impacting margins and FEPC; operational/weather disruptions (rain, infrastructure damage) that temporarily reduced production; regulatory/contractual timing and approvals for reserve incorporations (ANH in Colombia, Brazilian agency for Orca/Gato do Mato); inflationary pressure and higher tax burden; uncertainties around timely execution and financing for large projects (Sirius, Coveñas regasification).
ReportedEPSSurpriseRevenueSurpriseMove
Mar 4, 2026$0.26
est $0.23
+14.4%$5.77B
est $7.14B
−19.3%+7.9%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Ecopetrol stock forecast and analyst price targets

Analysts’ average 12-month price target for Ecopetrol is $13.91, −20.9% from the last close, from 3 firms rating the stock in the last 90 days.

$13.91consensus 12-month target, −20.9% from the last close
Low $12High $16.50
Buy0
Hold2
Sell1

Each firm’s latest rating in the last 90 days: 3 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 1J.P. MorganHold, maintained$16.50−6.1%
Aug 14UBSHold, maintained$16−9.0%
Jul 29J.P. MorganHold, maintained$14.50−17.5%
Jul 29J.P. MorganHold, maintained$14.50−17.5%
Jul 16Morgan StanleySell, maintained$12−31.7%
+2.4%average 20-day move after past Neutral readings
−0.3%average move over the next 20 trading days in the last 5 years
±3.2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Ecopetrol seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, Ecopetrol averaged −0.3% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+18.1%2021−9.6%2022−1.6%2023−10.8%2024+1.8%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−3.8%2 of 5
Next 10 trading days−0.7%2 of 5
Next 15 trading days−0.1%1 of 5
Next 20 trading days−0.3%2 of 5
Next 30 trading days−1.1%2 of 5

For scale, EC’s typical 20-trading-day move in either direction is about 6.9%.

Ecopetrol market cap and key statistics

Ecopetrol’s market cap is $36.14B, with a P/E ratio of 11.3 and revenue of $125.7T over the last twelve months.

Valuation

Market cap
$36.14B
P/E ratio
11.3
Forward P/E
5.7
EPS, TTM
$1.54
Gekko Fair Value
$24.57

Trading

Volume
1.37M
Avg volume, 20 days
1.60M
52-week high
$18.38
52-week low
$8.57
Shares outstanding
2.06B

Financials

Revenue, TTM
$125.7T
Profit margin
10.2%
Return on equity
16%
Quarterly earnings growth, YoY
+234.5%

Risk and income

Beta
-0.05
Typical daily move
±3.2%
Typical 20-day move
±6.9%

Ecopetrol stock news this week

Coverage of Ecopetrol this week reads neutral: 0 positive, 3 neutral and 1 negative headlines.

News sentiment neutral

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Ecopetrol stock FAQ

What is Ecopetrol’s market cap?

Ecopetrol’s market cap is $36.14B at the Sep 18, 2026 close of $17.58, with 2.06B shares outstanding. The shares trade on a P/E ratio of 11.3.

What is the Ecopetrol stock forecast?

The consensus analyst 12-month price target for Ecopetrol is $13.91, −20.9% from the last close. Of the 3 firms that rated the stock in the last 90 days, 0 rate it a buy, 2 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is Ecopetrol stock overvalued or undervalued?

On Gekko’s estimate Ecopetrol is undervalued: the Sep 18, 2026 close of $17.58 is 28.4% below Gekko Fair Value of $24.57. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Ecopetrol report earnings next?

Ecopetrol is expected to report on Nov 10, 2026 (51 days away). Analysts expect earnings of $0.52 per share on revenue of $10.03B.

What is Ecopetrol’s 52-week high and low?

Ecopetrol’s 52-week high is $18.38 and its 52-week low is $8.57; it closed at $17.58 on Sep 18, 2026, +88.6% over the past year.

Is Ecopetrol stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (trend, fair value and earnings risk), 1 as mixed (gekkoindex) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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