Las Ecopetrol gains in the first quarter of this year 22.1% collapsed and added $ 3.12 billion, figure less than $ 4.01 billion reported to March 2024.
About the Income it was specified that they totaled $ 31.36 billion, Just 0.2% more than $ 31.30 billion of the first three months of last year.
This performance obeyed, in part, lower average weighted sale of the basket for decrease in the Brent reference price, partially compensated with the strengthening of the negotiated differential of raw.
The total of volume sold during the first quarter of 2025 amounted to 956,000 barrels per day, 0.4% lower compared to the first quarter of 2024, as a result mainly of a lower volume of local sales, partially compensated with an increase in the volume of exports.
Las international sales, which represented 56% of the total, They evidenced an increase of 2.3% in the first months of 2025 compared to the same 2024 period. And sales in Colombia, which represented 44% of the total, showed a decrease of 3.5%.
Despite the records, the President of the oil company, Ricardo Roa, He argued that the results of the start of the year were supported in the company’s operational and financial strength. “We face an environment affected by exogenous variables, geopolitical tensions and mainly with a strong impact due to the fall in the prices of the Brent reference oil ”.
Likewise, it was noted that the Ecopetrol Group continues to demonstrate its operational resilience, Supported in its diversification of markets and portfolio, the integration of the hydrocarbons business, the maximization of efficiencies, optimization and savings in operations, thus achieving favorable results and generating a level of competitive profitability in the industry.
In the hydrocarbon line, the strength of the traditional business was highlighted by maintaining production in 745,000 barrels per day, Within the expectation defined for the year despite local environment events.
This volume was mentioned that 521,000 barrels correspond to national crude, the highest level for a first quarter, in five years.
In the line of energy for the transition, the SIGNATURE OF THE INTEGRAL LOGISTIC SERVICES CONTRACT FOR THE PACIFIC REGASIFIER which will have a regasification capacity of up to 60 million cubic feet per day, with an entry into estimated operation in the second semester of 2026.
In transmission and road businesses, preponderance was given tol launch of the ISA strategy 2040 “energy that gives life to the transition”, That focuses on consolidating the transmission of electricity in Latin America, accelerating new businesses, double the EBITDA of 2024, venture into new geographies and active portfolio management.
