Colombia
Press Release

Ecopetrol reports first quarter results

Bnamericas

Ecopetrol release

As of first quarter 2020, Ecopetrol reported a consolidated net income of COP 133 billion and a consolidated EBITDA of COP 5.3 trillion, impacted by a challenging environment. The Company has adopted an intervention plan to address this new situation, with the objective of ensuring a sustainable operation and a positive cash flow in the short term, in a Brent price environment between 30 - 40 USD/Bl.

The 27-page earnings report is available here.

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