2022 2Q Results: New record-high results reaffirm our long-term view
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2022 2Q Results: New record-high results reaffirm our long-term view
Aug 3, 2022
The Ecopetrol Group's figures for the period ending June 2022 mark a new historical milestone for the Company, having achieved the best quarterly and half-yearly financial results in our history. During these first six months, the Company achieved a net income of COP 17.0 trillion, which exceeds the result for the full year of 2021.
These results are a reflection of:
- The effort and commitment of more than 18,000 direct employees and all the Ecopetrol Group’s contractors to our growth, diversification, and financial profitability targets, and our 2040 “Energy that Transforms” strategy
- The strength, stability, and reliability of our business segments
- A solid commercial strategy allowing the seizing of benefits even in adverse market conditions
- The capture of efficiencies by more than COP 1 trillion, allowing us to mitigate certain inflationary pressures seen across all industries on a global scale
- The Company’s strict capital discipline.
