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Colombia’s Ecopetrol reports $4.1B profit drop as shareholders weigh dividends

Colombia’s Ecopetrol reports $4.1B profit drop as shareholders weigh dividends

Ecopetrol's profits fell 21.7% in 2024, resulting in a $4.1 billion decline.
A proposed dividend of $214 per share is significantly lower than last year's $312.
Concerns arise over financial practices and governance issues amid the dividend proposal.

March 28, 2025

Colombia’s economy grows 2.6% in January, but momentum slows from December

Colombia’s economy grows 2.6% in January, but momentum slows from December

March 19, 2025

Fitch Ratings revises Ecopetrol’s outlook to negative: here’s why

Fitch Ratings revises Ecopetrol’s outlook to negative: here’s why

March 17, 2025

Trending news

28th March Colombia’s Ecopetrol reports $4.1B profit drop as shareholders weigh dividends

19th March Colombia’s economy grows 2.6% in January, but momentum slows from December

17th March Fitch Ratings revises Ecopetrol’s outlook to negative: here’s why

11th March Colombia’s Wenia platform expands crypto portfolio with EURC stablecoin integration

8th March LATAM crypto update: Colombia plans crypto regulations, Nexo and Sphere to reduce cross-border payment times

More breaking stories

Colombia’s Wenia platform expands crypto portfolio with EURC stablecoin integration

Colombia’s Wenia platform expands crypto portfolio with EURC stablecoin integration March 11, 2025

LATAM crypto update: Colombia plans crypto regulations, Nexo and Sphere to reduce cross-border payment times

LATAM crypto update: Colombia plans crypto regulations, Nexo and Sphere to reduce cross-border payment times March 8, 2025

Colombia’s Ecopetrol says it will not do business with Venezuela following US OFAC restrictions

Colombia’s Ecopetrol says it will not do business with Venezuela following US OFAC restrictions March 6, 2025

Colombia’s Ecopetrol strengthens renewable push with Windpeshi wind project

Colombia’s Ecopetrol strengthens renewable push with Windpeshi wind project February 28, 2025

Colombia orders Ecopetrol to sell US oil assets to fund clean energy shift

Colombia orders Ecopetrol to sell US oil assets to fund clean energy shift February 5, 2025

Nasdaq delists Colombia’s Procaps Group due to financial shortfalls

Nasdaq delists Colombia’s Procaps Group due to financial shortfalls February 4, 2025

Colombia’s Ecopetrol strengthens Texas oil ties with Occidental Petroleum

Colombia’s Ecopetrol strengthens Texas oil ties with Occidental Petroleum February 3, 2025

Can Colombia’s stocks outperform as foreign investors pull back from Indian markets?

Can Colombia’s stocks outperform as foreign investors pull back from Indian markets? January 29, 2025

US-Colombia trade war averted: Trump and Petro reach deal on deported migrants and tariffs

US-Colombia trade war averted: Trump and Petro reach deal on deported migrants and tariffs January 27, 2025

Gold prices ease after last week’s steep climb; copper falls on dollar strength

Gold prices ease after last week’s steep climb; copper falls on dollar strength January 27, 2025

How asset tokenization could reshape LATAM finance, according to experts

How asset tokenization could reshape LATAM finance, according to experts January 23, 2025

Depay and Satoshi Tango launch QR code to facilitate cryptocurrency transactions in Latin America

Depay and Satoshi Tango launch QR code to facilitate cryptocurrency transactions in Latin America January 20, 2025

Top five LATAM news stories that made headlines in 2024: here’s a recap

Top five LATAM news stories that made headlines in 2024: here’s a recap December 26, 2024

Concerns mount over Ecopetrol as Gustavo Petro allegedly meddles in company operations

Concerns mount over Ecopetrol as Gustavo Petro allegedly meddles in company operations December 20, 2024

MetaMask launches crypto debit card in Brazil, Colombia, and Mexico

MetaMask launches crypto debit card in Brazil, Colombia, and Mexico December 19, 2024

LATAM crypto update: Brazil to regulate virtual assets activities, Argentina allows crypto payments for subway

LATAM crypto update: Brazil to regulate virtual assets activities, Argentina allows crypto payments for subway December 14, 2024

Colombia’s Congress rejects tax reform, escalating Petro administration’s fiscal woes

Colombia’s Congress rejects tax reform, escalating Petro administration’s fiscal woes December 12, 2024

After 2024 slump, Latin American earnings expected to surge 16% in 2025

After 2024 slump, Latin American earnings expected to surge 16% in 2025 November 29, 2024

Colombia’s Ecopetrol pauses drilling at Komodo-1 well over environmental license issues

Colombia’s Ecopetrol pauses drilling at Komodo-1 well over environmental license issues October 30, 2024

Latin America’s 2024-2025 growth outlook: Brazil, Colombia lead as Chile, Ecuador face hurdles

Latin America’s 2024-2025 growth outlook: Brazil, Colombia lead as Chile, Ecuador face hurdles October 5, 2024

Latin American youth face growing financial anxiety amid economic uncertainty: report

Latin American youth face growing financial anxiety amid economic uncertainty: report August 17, 2024

Colombia’s economy surges with 2.1% GDP growth in Q2 2024: Here’s why

Colombia’s economy surges with 2.1% GDP growth in Q2 2024: Here’s why August 15, 2024

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