Ecopetrol reduced income and profits in the first quarter of 2026 due to oil volatility Ecopetrol reported a 8.7% decrease in income and a 7.7% drop in net profit for the first quarter of 2026, attributed to Middle East conflict and oil price volatility. However, EBITDA grew by 1.5% due to operational efficiencies and improved refining margins, reaching a historical high EBITDA margin of 47%. The company also advanced its energy transition initiatives, including a new natural gas logistics contract and solar energy capacity expansion.

• Ecopetrol’s income fell 8.7% and net profit dropped 7.7% in Q1 2026 compared to Q1 2025.
• EBITDA increased by 1.5% to $13.5 billion, with an EBITDA margin of 47%, driven by operational efficiencies and better refining.
• Consolidated hydrocarbon production was 725,000 barrels of oil equivalent per day, a 2.7% decrease.
• The company highlighted exploration success with the Copoazú-1 well and advancements in its transportation and refining segments.
• New energy transition initiatives include a natural gas logistics contract and the completion of the Granja Solar Quifa.
• Ecopetrol distributed 55.1% of its 2025 net profit as dividends, with the first installment paid on April 30.
• The company is exploring the acquisition of 51% of Brava Energía in Brazil and has signed strategic agreements for oil and gas projects. https://www.elcolombiano.com/negocios/ecopetrol-ingresos-utilidades-primer-trimestre-2026-petroleo-volatilidad-geopolitica-PE36457282