Ecopetrol (EC) Operating Expenses (2009 - 2026)

Ecopetrol's (EC) quarterly Operating Expenses came in at $2555.0 billion in Q1 2026, up 12.06% year-on-year from $2280.0 billion in Q1 2025, and up 213.88% quarter-over-quarter from $814.0 billion in Q4 2025.

Ecopetrol (EC) Operating Expenses (2009 - 2026) Analysis & Trends

Ecopetrol has disclosed Operating Expenses across 11 years of filings, most recently posting $2555.0 billion for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $2555.0 billion, up 12.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $8875.0 billion (up 9.53% YoY), and the FY2025 annual result was $2705.0 billion, up 12.99% from the prior year.
  • Operating Expenses came in at $2555.0 billion for Q1 2026 at Ecopetrol, up from $814.0 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3655.0 billion in Q4 2022 to a low of -$1155.5 billion in Q2 2023.
  • The 5-year median for Operating Expenses is $2199.0 billion (2022), against an average of $1364.9 billion.
  • Across the five-year window, Operating Expenses slumped 163.13% in 2023 and soared 336.31% in 2024, its largest moves.
  • Ecopetrol's Operating Expenses stood at $3655.0 billion in 2022, then sank by 130.76% to -$1124.3 billion in 2023, then surged by 158.17% to $654.0 billion in 2024, then gained by 24.46% to $814.0 billion in 2025, then soared by 213.88% to $2555.0 billion in 2026.
  • The last three Operating Expenses figures came in at $2555.0 billion (Q1 2026), $814.0 billion (Q4 2025), and $2635.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -3.49 Bn
2 Exxon Mobil 629.96 Bn 628.14 Bn - 78.17 Bn
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -5,222.00
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 7.68 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 1.08 Bn
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - 44.00 Mn
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 1.27 Bn
10 Ecopetrol - - 11,119.00 Bn 2,555.00 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2,555.00 Bn
Dec 31, 2025 814.00 Bn
Sep 30, 2025 2,635.00 Bn
Jun 30, 2025 2,871.00 Bn
Mar 31, 2025 2,280.00 Bn
Dec 31, 2024 654.00 Bn
Sep 30, 2024 2,657.00 Bn
Jun 30, 2024 2,512.00 Bn
Sep 30, 2023 -1,124.35 Bn
Jun 30, 2023 -1,155.53 Bn
Mar 31, 2023 -1,114.92 Bn
Dec 31, 2022 3,655.00 Bn
Sep 30, 2022 1,781.00 Bn
Jun 30, 2022 2,199.00 Bn
Mar 31, 2022 -745.08 Bn
Dec 31, 2021 2,206.00 Bn
Sep 30, 2021 1,725.00 Bn
Jun 30, 2021 1,457.00 Bn
Mar 31, 2021 1,181.00 Bn
Dec 31, 2020 2,459.00 Bn