Ecopetrol has projected second-quarter 2026 net profits of up to COP 6 trillion, marking the highest quarterly earnings for the Colombian state oil company since the fourth quarter of 2022.
The guidance reflects the continued benefit of elevated global crude prices, which have supported revenue across Latin America’s largest integrated energy firm.
02 trillion in fuel subsidy payments for the second quarter of 2025, which helped offset domestic price controls.
The forecast comes as global oil majors position themselves for a significant earnings surge in the second quarter of 2026, driven by crude prices reaching a four-year high.
The price spike stems from the closure of the Strait of Hormuz, a critical chokepoint for global oil shipments, which has tightened supply and boosted benchmarks like Brent crude.
Ecopetrol’s ability to maintain production and refine output despite these geopolitical headwinds underscores its operational stability.
This development follows recent financial updates from the company, including the receipt of COP 1.02 trillion in fuel subsidy payments for the second quarter of 2025, which helped offset domestic price controls.