Ecopetrol Dividends and Buybacks
Dividend criteria checks 3/6
Ecopetrol is a dividend paying company with a current yield of 3.97% that is well covered by earnings.
Key information
4.0%
Dividend yield
0.02%
Buyback Yield
| Total Shareholder Yield | 4.0% |
| Future Dividend Yield | 7.9% |
| Dividend Growth | 15.9% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 51% |
Recent dividend and buyback updates
Recent updates
ECOPETROL: Labor Peace And Renewables Will Support A Bullish Rerating
Analysts have raised their fair value estimate for Ecopetrol from COP 2,800 to COP 3,300, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E levels as the main drivers of the new price target. What's in the News for Ecopetrol Ecopetrol reported that President Ricardo Roa Barragán is expected to return from his leave of absence on July 27, 2026 and remain in the role through July 30, 2026, after which First Alternate to the President, Juan Carlos Hurtado Parra, will serve as Acting President until a new selection process is completed.
ECOPETROL: Rising P/E Expectations Will Likely Exceed Weakening Margin Outlook
The analyst price target for Ecopetrol has been revised from COP 1,400 to COP 1,898. Analysts cite adjustments in discount rate assumptions, slightly less severe expected revenue declines, a lower projected profit margin, and a higher future P/E multiple as the key drivers of this change.
ECOPETROL: Labor Deal And Renewable Push Will Support Balanced Medium-Term Outlook
Analysts have adjusted their price target for Ecopetrol to COP2,533 from COP1,867, citing updated views on revenue growth, profit margins and future P/E assumptions that feed into their valuation work. What's in the News Ecopetrol reached a new six year collective bargaining agreement with the Oil Workers Union (Unión Sindical Obrera, USO), along with 66 agreements with other labor unions, covering working conditions, health and education benefits, diversity and inclusion initiatives, and social investment.ECOPETROL: Labor Agreements And Renewable Projects Will Support A Rerating
Analysts have raised their Ecopetrol price target from COP 2,400 to COP 2,800, citing updated assumptions that include a lower discount rate, a shift to positive revenue growth expectations, an adjusted profit margin outlook, and a higher future P/E multiple. What’s in the News for Ecopetrol Ecopetrol reached a new six year collective bargaining agreement with the Oil Workers Union and concluded 66 additional agreements with other labor unions, covering working conditions, health and education benefits, diversity and inclusion initiatives, and social investment, with formalization before the Ministry of Labor still pending.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ECOPETROL has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ECOPETROL's dividend payments have increased, but the company has only paid a dividend for 9 years.
Dividend Yield vs Market
| Ecopetrol Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ECOPETROL) | 4.0% |
| Market Bottom 25% (CO) | 3.8% |
| Market Top 25% (CO) | 8.6% |
| Industry Average (Oil and Gas) | 6.7% |
| Analyst forecast (ECOPETROL) (up to 3 years) | 7.9% |
Notable Dividend: ECOPETROL's dividend (3.97%) is higher than the bottom 25% of dividend payers in the CO market (3.78%).
High Dividend: ECOPETROL's dividend (3.97%) is low compared to the top 25% of dividend payers in the CO market (8.59%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.5%), ECOPETROL's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (40.6%), ECOPETROL's dividend payments are well covered by cash flows.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/08 04:16 |
| End of Day Share Price | 2026/08/06 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Ecopetrol S.A. is covered by 25 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Thomas | Barclays |
| Caio Ribeiro | BofA Global Research |
| Vicente Falanga Neto | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |