Investor Presentaiton
Track record of strong and resilient financial performance
Evolution of Financial Performance
Ecopetrol Group KPIs (US$ in BN)
ecoPETROL
Consolidated debt profile as of September 30th, 2023 (3)
GROUP
Production
(mboed)
Brent
(US$/BI)
47%
709.5 (1)
I 99(1)
33.2
29.5
15.7
2022
6.6
705.9(2)
729.5
(2)
Consolidated indebtedness by entity
102(2)
1 82(2)
Company
Debt in
US$ K
Debt in
COP MM
Total
US$ K
14.6
49%
24.6
11.0
6.1
Ecopetrol
18,118,356
2,706,692
18,786,055
45%
Ocensa
400,433
Bicentenario
4.0
Invercolsa
400,433
214,977
53,032
394,054
97,207
9M 3Q'2022
9M 3Q'2023
Revenues (5)
(4)(5)
ISA
Net income (5) (6)
Consolidated EBITDA
EBITDA Margin (5)
6,300,741
5,800,539
7,731,644
Second best results in history for the same period,
coming off a 2022 record year
Source: Form 3Q'23 6-K 2022 20-F form, Prospectus Supplement
Note:
Graphs do not represent the same scale. Revenues, EBITDA and Net Income in USD MM.
(1) Metrics represented for FY 2022
(2) Figures represented for the nine-month period ended September 30, 2022 and September 30, 2023
Ecopetrol
Group
24,819,530
9,116,262
27,068,371
(3) Figures based on Capitalization information from the Preliminary Prospectus Supplement. Amounts stated in U.S. dollars have been translated for the convenience of the reader at the rate of
COP$4053.76 to US$1.00, which is the Representative Market Rate at September 30, 2023, as reported and certified by the SFC.
(4) EBITDA reconciliation shown in appendix; EBITDA Margin calculated as EBITDA / Revenues
(5) Amounts stated in U.S. dollars have been translated for the convenience of the reader at the average exchange rate of COP$4,410.95 to US$1.00, which was the average Representative Market
Rate from January 1, 2023 until September 30, 2023, as reported by the SFC and COP$4,069.33 to US$1.00, which was the average Representative Market Rate from January 1, 2022 until
September 30, 2022, as reported by the SFC.
(6) Net income attributable to owners of Ecopetrol
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