Ecopetrol logo — Somos energía que transforma a Colombia

Ecopetrol

Somos energía que transforma a Colombia

Founded 1951 Colombia Bogota, Colombia 12264 employees Post-IPO Debt Total: $1.00T Energy, Oil and Gas

General Information

Company Name Ecopetrol
Founded Year 1951
Location Colombia Bogota, Colombia
Founders / Decision Makers
Team member Team member
Employees 12264
Industries Energy, Oil and Gas
Funding Stage Post-IPO Debt
Social

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About Ecopetrol

Ecopetrol (NYSE: EC), operating since 1951, stands as Colombia's largest company and a vital energy player in Latin America. With over 18,000 employees, the company commands 60% of Colombia's hydrocarbon production, owning key refining and transport infrastructure. Its strategic focus encompasses extensive upstream, midstream, and downstream operations across the American continent, including exploration and production in the U.S., Brazil, and Mexico.

Under its sosTECnibilidad strategy, Ecopetrol is driving technologies and sustainable solutions in decarbonization and renewable energy. Its comprehensive TESG agenda features diversification and decarbonization initiatives, leveraging renewables, electrification, and hydrogen, powered by innovation and technology.

Recently, the company secured a $1.20B Post-IPO Debt investment backed by notable investors, including Bank of America, Scotiabank, Banco Itaú Chile, Standard Chartered Bank, BBVA Securities Inc, and JP Morgan Chase, underscoring strong financial confidence in its sustainable growth trajectory.

Taxonomy: Hydrocarbons Production, Energy Transmission, Gas Distribution, Exploration and Production, Refining, Transportation Infrastructure, Decarbonization, Electrification, Hydrogen Solutions, Innovation and Technology, TESG (Technology, Environmental, Social and Governance), Digital Transformation, Natural Climate Solutions

Services & Products

Exploration
Production
Transportation
Refinement and Petrochemical Processing
Commercialization and Marketing

Target Customers

Investors Corporate Clients Aviation Industry Communities Suppliers Employees and Pensioners

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Post IPO Debt $1.20B 6
Bank of America, Scotiabank +4
20 Mar 2024
Post IPO Debt $1.00B -
14 Sep 2023
Post IPO Debt $1.50B -
28 Jun 2023
Post IPO Debt COP1.00T 1
Bancolombia
17 Mar 2023

Ecopetrol Alternatives & Competitors

View All Alternatives
Ecopetrol vs
TGS
TGS Argentina

Energía que avanza.

1356 employees
Energy, Oil and Gas
Ecopetrol vs
GRDF
GRDF France

GRDF, principal distributeur de gaz en France

7201 employees
Energy, Oil and Gas
Ecopetrol vs
C-Zero
C-Zero United States

Decarbonizing Natural Gas

Venture round
26 employees
Energy, Industrial

FAQ About Ecopetrol

Somos energía que transforma a Colombia
Ecopetrol was founded in 1951.
Ecopetrol is headquartered in Bogota, Colombia.
Ecopetrol operates in Energy and Oil and Gas. Its work centres on Hydrocarbons Production, Energy Transmission, Gas Distribution and Exploration and Production. Its customers include Investors, Corporate Clients and Aviation Industry.
Ecopetrol has approximately 12264 employees.
Ecopetrol has completed 4 funding rounds, raising a total of $1.00T. The latest funding stage is Post-IPO Debt.
Ecopetrol offers: Exploration, Production, Transportation, Refinement and Petrochemical Processing, Commercialization and Marketing.
Top alternatives and competitors to Ecopetrol include TGS, GRDF, C-Zero, WellDog, Wintershall Dea. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ecopetrol and TGS are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Ecopetrol, https://bouncewatch.com/company/ecopetrol, updated 17 July 2025. When citing, please name BounceWatch and link this page.

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