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| Date | Value |
|---|---|
| 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 |