Operating Expenses Summary of Ecopetrol S.A.

Ecopetrol S.A.'s latest annual operating expenses in 2023 was 14268.06 Billion COP , down -8.52% from previous year.
Ecopetrol S.A.'s latest quarterly operating expenses in 2024 Q2 was 2512 Billion COP , up 28.23% from previous quarter.
Ecopetrol S.A. reported a annual operating expenses of 9635 Billion COP in annual operating expenses 2022, up 46.7% from previous year.
Ecopetrol S.A. reported a annual operating expenses of 6568 Billion COP in annual operating expenses 2021, up 35.67% from previous year.
Ecopetrol S.A. reported a quarterly operating expenses of 1959 Billion COP for 2024 Q1, down -30.31% from previous quarter.
Ecopetrol S.A. reported a quarterly operating expenses of 2354 Billion COP for 2023 Q1, down -35.6% from previous quarter.

Annual Operating Expenses Chart of Ecopetrol S.A. (2023 - 2005)

Historical Annual Operating Expenses of Ecopetrol S.A. (2023 - 2005)

Year	Operating Expenses	Operating Expenses Growth
2023	14268.06 Billion COP	-8.52%
2022	9635 Billion COP	46.7%
2021	6568 Billion COP	35.67%
2020	4841 Billion COP	29.92%
2019	3726 Billion COP	-18.86%
2018	4592 Billion COP	9.73%
2017	4185 Billion COP	-4.91%
2016	4401 Billion COP	-17.84%
2015	5356.71 Billion COP	-26.31%
2014	7269.33 Billion COP	20.36%
2013	6039.7 Billion COP	46.94%
2012	4110.2 Billion COP	21.02%
2011	3396.24 Billion COP	8.49%
2010	3130.46 Billion COP	19.26%
2009	2624.97 Billion COP	18.36%
2008	2217.71 Billion COP	65.26%
2007	1341.95 Billion COP	34.52%
2006	997.57 Billion COP	8.55%
2005	918.97 Billion COP	0.0%

Year	Operating Expenses	Operating Expenses Growth
2024 Q2	2512 Billion COP	28.23%
2024 Q1	1959 Billion COP	-30.31%
2023 Q1	2354 Billion COP	-35.6%
2023 Q4	2810.94 Billion COP	3.76%
2023 Q3	2709 Billion COP	36.31%
2023 FY	8814.06 Billion COP	-8.52%
2023 Q2	1987.35 Billion COP	-15.58%
2022 Q1	2001 Billion COP	-9.29%
2022 FY	9635 Billion COP	46.7%
2022 Q4	3655 Billion COP	132.56%
2022 Q3	1571.62 Billion COP	-28.46%
2022 Q2	2197 Billion COP	9.8%
2021 Q3	1723 Billion COP	18.18%
2021 Q1	1173.41 Billion COP	-52.28%
2021 Q2	1458 Billion COP	24.25%
2021 Q4	2206 Billion COP	28.03%
2021 FY	6568 Billion COP	35.67%
2020 FY	4841 Billion COP	29.92%
2020 Q1	1078 Billion COP	39.82%
2020 Q3	1300 Billion COP	64900.0%
2020 Q4	2459 Billion COP	89.15%
2020 Q2	2 Billion COP	-99.81%
2019 Q1	752 Billion COP	-45.59%
2019 Q3	1064 Billion COP	-6.5%
2019 Q4	771 Billion COP	-27.54%
2019 FY	3726 Billion COP	-18.86%
2019 Q2	1138 Billion COP	51.33%
2018 Q4	1382 Billion COP	-13.63%
2018 Q2	846 Billion COP	37.34%
2018 Q1	616 Billion COP	-56.06%
2018 FY	4592 Billion COP	9.73%
2018 Q3	1600 Billion COP	89.13%
2017 FY	4185 Billion COP	-4.91%
2017 Q4	1402 Billion COP	14.45%
2017 Q3	1225 Billion COP	86.45%
2017 Q2	657 Billion COP	-29.05%
2017 Q1	926 Billion COP	-22.38%
2016 Q1	1379.75 Billion COP	-25.63%
2016 FY	4401 Billion COP	-17.84%
2016 Q4	1193 Billion COP	31.82%
2016 Q2	923 Billion COP	-33.1%
2016 Q3	905 Billion COP	-1.95%
2015 Q3	1090.78 Billion COP	4.98%
2015 Q2	1039.07 Billion COP	-26.83%
2015 Q1	1420.05 Billion COP	-48.71%
2015 FY	5356.71 Billion COP	-26.31%
2015 Q4	1855.19 Billion COP	70.08%
2014 Q1	1536.85 Billion COP	-43.75%
2014 Q3	1427.4 Billion COP	-7.08%
2014 Q4	2768.92 Billion COP	93.98%
2014 FY	7269.33 Billion COP	20.36%
2014 Q2	1536.14 Billion COP	-0.05%
2013 Q1	822.67 Billion COP	-54.2%
2013 Q2	1176.03 Billion COP	42.95%
2013 Q3	759.37 Billion COP	-35.43%
2013 FY	6039.7 Billion COP	46.94%
2013 Q4	2732.22 Billion COP	259.8%
2012 FY	4110.2 Billion COP	21.02%
2012 Q3	776.1 Billion COP	-0.9%
2012 Q2	783.11 Billion COP	3.12%
2012 Q1	759.46 Billion COP	-2.46%
2012 Q4	1796.16 Billion COP	131.43%
2011 Q2	924.69 Billion COP	0.0%
2011 Q1	924.69 Billion COP	-23.97%
2011 Q4	778.59 Billion COP	-2.22%
2011 FY	3396.24 Billion COP	8.49%
2011 Q3	796.28 Billion COP	-13.89%
2010 Q2	867.43 Billion COP	42.97%
2010 FY	3130.46 Billion COP	19.26%
2010 Q4	1216.24 Billion COP	52.18%
2010 Q3	799.23 Billion COP	-7.86%
2010 Q1	606.71 Billion COP	237.73%
2009 FY	2624.97 Billion COP	18.36%
2009 Q4	-440.52 Billion COP	-188.13%
2009 Q3	499.88 Billion COP	1.85%
2009 Q2	490.78 Billion COP	16.96%
2009 Q1	419.62 Billion COP	-54.66%
2008 Q4	925.55 Billion COP	74.63%
2008 Q2	- COP	-100.0%
2008 FY	2217.71 Billion COP	65.26%
2008 Q1	313.34 Billion COP	0.0%
2008 Q3	530 Billion COP	0.0%
2007 FY	1341.95 Billion COP	34.52%
2006 FY	997.57 Billion COP	8.55%
2005 FY	918.97 Billion COP	0.0%

Peer Operating Expenses Comparison of Ecopetrol S.A.

Name	Operating Expenses	Operating Expenses Difference
BP p.l.c.	16.64 Billion USD	-85599.237%
Chevron Corporation	30.4 Billion USD	-46823.623%
Equinor ASA	1.21 Billion USD	-1171333.99%
National Fuel Gas Company	1.06 Billion USD	-1339616.959%
Petróleo Brasileiro S.A. - Petrobras	53.97 Billion USD	-26335.072%
Petróleo Brasileiro S.A. - Petrobras	53.97 Billion USD	-26335.072%
Shell plc	15.6 Billion USD	-91350.237%
TotalEnergies SE	-729 Million USD	1957310.7%
Exxon Mobil Corporation	57.43 Billion USD	-24742.543%
YPF Sociedad Anónima	4.39 Billion USD	-324912.893%

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Ecopetrol S.A. (EC)

Operating Expenses Summary of Ecopetrol S.A.

Annual Operating Expenses Chart of Ecopetrol S.A. (2023 - 2005)

Historical Annual Operating Expenses of Ecopetrol S.A. (2023 - 2005)

Peer Operating Expenses Comparison of Ecopetrol S.A.