Stable Financial Performance Amid Volatility: Ecopetrol reported a net income of COP 3.1 trillion and EBITDA of COP 13.3 trillion for Q1 2025, maintaining a healthy EBITDA margin of 42%. However, these figures were impacted by lower Brent prices and major maintenance activities in the refining segment. The EBITDA decrease was attributed to falling international fuel price differentials, operational issues, and scheduled maintenance.

Production Consistency with Growth Prospects: The company achieved an average production of 745,000 barrels of oil equivalent per day, marking a five-year high in crude oil production in Colombia, despite facing external challenges such as blockades and pipeline attacks. Ecopetrol plans to continue its exploration campaign, expecting to maintain or increase production output in the medium term.

Investment and Cost Management: Ecopetrol has executed nearly 20% of its annual investment plan, focusing on efficiencies in drilling and completion in key areas such as the Permian Basin. The company is also implementing a cost-saving program aimed at mitigating operational expenditures, with a target to achieve lifting costs below $12 per barrel.