Ecopetrol Reports Highest Net Income in Last 4 Years

Instant Max AI

(Energy Analytics Institute, Jared Yamin, 15.Apr.2018) ‐- During the first three months of 2018, Ecopetrol reported its highest quarterly net income in the last four years.

Colombia’s state oil company Ecopetrol announced its net income rose 195% in the first quarter of 2018 to COL$2,625 billion Colombian pesos compared to COL$886 billion in the first quarter of 2017, the company reported in a Twitter post.

The company reported quarterly net income of COL$363 billion in the same period in 2016 and COL$160 billion in the same period in 2015.

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