Ecopetrol reported net profits of COP 6.06 trillion for the first half of 2026, marking the Colombian state oil company’s strongest financial performance in nearly four years.
The result was driven by a sustained rally in Brent crude prices, which bolstered the producer’s margins and allowed it to match the total earnings of all of 2025 within just six months.
The figures confirm the robust profit guidance the company had previously issued for the second quarter, projecting net profits of up to COP 6 trillion.
The figures confirm the robust profit guidance the company had previously issued for the second quarter, projecting net profits of up to COP 6 trillion.
That earlier estimate had already signaled a significant recovery in profitability, tracing back to the fourth quarter of 2022 as the last period with comparable quarterly earnings.
The actual reported total now validates those expectations, demonstrating the direct transmission of higher benchmark oil prices to the company’s bottom line.
For investors, the result underscores the sensitivity of Ecopetrol’s valuation to global energy benchmarks.