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Ecopetrol (Ecopetrol) Market Cap

: $23,663 Mil (As of Today)
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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ecopetrol's share price for the quarter that ended in Dec. 2023 was $11.92. Ecopetrol's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,056 Mil. Therefore, Ecopetrol's market cap for the quarter that ended in Dec. 2023 was $24,505 Mil.

Ecopetrol's quarterly market cap increased from Mar. 2023 ($21,710 Mil) to Sep. 2023 ($23,807 Mil) and increased from Sep. 2023 ($23,807 Mil) to Dec. 2023 ($24,505 Mil).

Ecopetrol's annual market cap declined from Dec. 2021 ($26,500 Mil) to Dec. 2022 ($21,525 Mil) but then increased from Dec. 2022 ($21,525 Mil) to Dec. 2023 ($24,505 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ecopetrol's Enterprise Value for Today is $53,672 Mil.


Ecopetrol Market Cap Historical Data

The historical data trend for Ecopetrol's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ecopetrol Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41,034.37 26,540.77 26,499.65 21,524.54 24,505.49

Ecopetrol Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Market Cap Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18,358.56 21,524.54 21,709.56 23,806.51 24,505.49

Competitive Comparison

For the Oil & Gas Integrated subindustry, Ecopetrol's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ecopetrol Market Cap Distribution

For the Oil & Gas industry and Energy sector, Ecopetrol's Market Cap distribution charts can be found below:

* The bar in red indicates where Ecopetrol's Market Cap falls into.



Ecopetrol Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Ecopetrol's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$11.92*2055.83
=$24,505

Ecopetrol's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$11.92*2055.83
=$24,505

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ecopetrol  (NYSE:EC) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Ecopetrol Market Cap Related Terms

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Ecopetrol (Ecopetrol) Business Description

Address
Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is a vertically integrated oil company with operations in Latin America and the United States Gulf Coast. Based out of Colombia, the company explores, develops, and conducts production activities in various countries. Ecopetrol works as the primary operator or partner in a joint venture, in a host of assets held onshore and offshore. Along with production, the company refines and markets crude oils and byproducts produced from its fields. Crude products are moved by Ecopetrol through a series of pipelines throughout Colombia, along with a network of third-party production centers and facilities.