Colombia's Ecopetrol Reports Solid Operations in 2024 Despite Lower Profit

March 6, 2025--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Colombian energy producer Ecopetrol (NYSE:EC) (Bogota) reported net income of 14.9 trillion Colombian pesos (US$3.6 billion) in 2024, some 4.1 trillion Colombian pesos (US$999 million) less than in 2023. The sharp drop in net income resulted from hydrocarbon price shifts, exchange rates and inflation.