Ecopetrol stock gained 2.03 percent as leadership changes

Published on 10/05/2026 at 09:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ecopetrol stock gained 2.03 percent on October 2, 2026, while three senior appointments reshaped the group. Second-quarter revenue rose 35 percent to COP 40.2 trillion.

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Ecopetrol stock (ISIN US2791581091) was last at USD 16.60 on the NYSE on October 2, 2026 at 4:00 p.m. ET, up 2.03 percent from the prior close. The move followed a leadership reset that puts three new senior executives into their roles by October 6, 2026.

Three executives join by October 6

According to PR Newswire on October 1, 2026, Ecopetrol approved the appointments after a board meeting on September 30. Mónica Jiménez González will become corporate vice president of legal affairs and general secretary, Mauricio Gutiérrez will lead strategy and new business, and Camilo Rojas will oversee administration and services.

The appointments give the company three new senior-management positions at a time when investors are weighing governance, capital allocation and the next phase of its transformation. The roles are scheduled to take effect by October 6, 2026, making the transition an immediate operating issue rather than a distant succession plan.

Second-quarter revenue rose 35 percent

Ecopetrol reported second-quarter revenue of COP 40.2 trillion, up 35 percent from the same quarter of 2025, while net income reached COP 6.1 trillion, an increase of 235 percent. The Rio Times reported these figures for the quarter on October 3, 2026.

The operating mix was uneven: production fell 6.6 percent to 705,800 barrels of oil equivalent per day, while refining throughput increased 6.1 percent to 438,500 barrels per day. EBITDA stood at COP 17.7 trillion, giving investors a measured way to compare stronger earnings with lower upstream output.

Analysts keep a Reduce consensus

MarketBeat lists a Reduce consensus for Ecopetrol based on 8 analysts, with 7 Hold ratings and 1 Sell rating. Its average price target is USD 13.54, below the NYSE price of USD 16.60 on October 2, 2026; the published high and low targets are USD 18.00 and USD 8.70.

The market valuation adds another reference point. Ecopetrol had a market capitalization of USD 34.1 billion on October 2, 2026, while the NYSE price stood below the 52-week high of USD 18.38 and above the 52-week low of USD 8.57.

NYSE price rose on October 2

Ecopetrol was last at USD 16.60 on the NYSE on October 2, 2026 at 4:00 p.m. ET, with a session range of USD 16.05 to USD 16.66 and volume of 1,106,741 shares. The combination of a 2.03 percent daily gain, a fresh management lineup and sharply higher second-quarter net income gives the stock a clear set of figures for the next corporate checkpoint.