Ecopetrol is trading $17.12 (+4.45%) today, driven by strong second-quarter earnings and a significant acquisition.
- The company reported a 235% surge in net income to COP 6.1 trillion, with revenue up 35% and EBITDA increasing 59% year over year in Q2 2026.
- On August 5th, Ecopetrol announced its Brazilian subsidiary successfully acquired approximately 25% of Brava Energia S.A., a key step towards gaining a controlling interest.
- The positive performance comes despite a broader decline in the energy sector.