Ecopetrol

Ecopetrol S.A.
Company typeSociedad Anónima
BVC: ECOPETROL
NYSEEC
FWBECHA
IndustryOil and Gas
Founded1921 (Tropical Oil Company - Mares Concession)
Founder1951 (Ecopetrol - created in 1948 by means of Law 165 of that year)
Headquarters,
Key people
Ricardo Roa, (Chairman & CEO)[1]
Productsoil and gas
RevenueIncrease US$34.3 billion [2] (2023)
Increase US$8.7 billion [2] (2023)
Total assetsIncreaseUS$73 billion [2] (2023)
Number of employees
9,315
Websitewww.ecopetrol.com.co

Ecopetrol, formerly known as Empresa Colombiana de Petróleo S.A. (English: Colombian Petroleum Co.) is the largest and primary petroleum company in Colombia. As a result of its continuous growth, Ecopetrol forms part of the Fortune Global 500 and was ranked 346.[3] In the 2020 Forbes Global 2000, Ecopetrol was ranked as the 313th -largest public company in the world.[4] It was ranked 303 in 2012 by CNN Money.[5]

Ecopetrol should not be confused with the US owned and operated Colombian Petroleum Co. (COLPET) and sister company South American Gulf Oil Co. (SAGOC), dating to the 1930s and taken over by the state owned Ecopetrol in the 1970s.

  1. ^ Radio, Caracol (17 August 2017). "Felipe Bayón Pardo, nuevo presidente de Ecopetrol". Caracol Radio (in Spanish).
  2. ^ a b c "CompaniesMarketCap.com - Ecopetrol".
  3. ^ "Ecopetrol". 21 July 2015. Archived from the original on 30 May 2019. Retrieved 7 March 2019.
  4. ^ "Forbes Global 2000". Forbes. Retrieved 31 October 2020.
  5. ^ "Fortune Global 500 Rankings". Fortune. 23 July 2012. Retrieved 10 July 2012.