Ecopetrol(US:EC) Prnewswireยท2025-08-13 11:08Financial Performance - The company reported revenues of COP 61.0 trillion for the first half of 2025, with an EBITDA of COP 24.4 trillion and a net income of COP 4.9 trillion, reflecting a 40% EBITDA margin [3][12] - In 2Q25, revenues totaled COP 29.7 trillion, with an EBITDA of COP 11.1 trillion and a net income of COP 1.8 trillion, indicating a decrease in revenues by 9.1% compared to 2Q24 [3][15] - The company achieved a dividend payment of COP 8.8 trillion, resulting in a dividend yield of approximately 10% [4] Operational Highlights - Hydrocarbon production reached 751 mboed in the first half of 2025, driven by strong performance in Colombian fields and the Permian Basin in the U.S. [5] - Transported volumes amounted to 1,088 mbd, supported by repair and alternative evacuation strategies [5] - The company declared commercial feasibility for the Lorito discovery, the largest in the last decade, enhancing energy security [6] Market and Strategic Initiatives - The company emphasized market and portfolio diversification, integration across the hydrocarbons value chain, and cost-cutting measures to maintain competitive profitability levels [2] - The acquisition of the Windpeshi wind project, with 205 MW of self-generation capacity, marks a significant step in the company's energy transition strategy [8] - The company reported a strong contribution from subsidiaries in Houston and Singapore, achieving the best crude trading differential in four years at -USD 3.7/Bl [7] Investment and Future Outlook - Total investments reached USD 2,582 million as of the end of 2Q25, with a focus on hydrocarbons, energy transition, and transmission and toll roads [10][49] - The company continues to monitor market prices and global developments to navigate external challenges and protect shareholder value [11] - The effective tax rate for 2Q25 was 34.3%, a decrease from 42.3% in 2Q24, primarily due to lower income tax surcharges [32]