Why Ecopetrol SA (EC) Up the Most So Far in 2025

Omor Ibne Ehsan

Sat, Apr 26, 2025, 4:33 PM 3 min read

We recently published a list of Why These 15 Energy Stocks Are up the Most So Far in 2025. In this article, we are going to take a look at where Ecopetrol SA (NYSE:EC) stands against other energy stocks that are up the most so far in 2025.

The energy sector has been volatile, and macro trends have led to fears of recession. The S&P 500 energy sector gained almost 9% from January till late March, but it has been dragged down by the broader market correction.

Brent futures have hit lows and sent many energy stocks into a tailspin. Yet, there are still some energy stocks that have defied the odds and have delivered solid gains. Midstream companies have been exceptionally resilient, and renewables have also been a bright spot in the energy sector.

Even during bear markets there are pockets of the market that perform exceptionally well. For instance, tech stocks have been in a bear market, but I recently identified 15 Tech Stocks that are Up the Most in 2025 in another article.

For this article, I screened the best-performing energy stocks year-to-date.

I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

A line of coal-filled barges with a tugboat escorting them down a river, towards a distant port.

Number of Hedge Fund Holders In Q4 2024: 13

Ecopetrol SA (NYSE:EC) is Colombia’s state-controlled oil and gas company, engaged in exploration, production, refining, and transportation of hydrocarbons, with a growing presence in renewable energy.

The stock experienced periods of volatility in 2025 but generally trended higher, driven by a series of robust operational and financial achievements. The most impactful recent news was the company’s 2024 results, which showed record production of 746,000 barrels of oil equivalent per day, a 104% reserve replacement ratio, and a net income of COP 14.9 trillion. Ecopetrol also completed the acquisition of the CPO-09 field from Repsol, adding 32 million barrels of oil equivalent to its reserves, and extended its joint venture in the Permian Basin.

In March 2025, Ecopetrol announced plans to raise up to $2 billion in new debt to fund further acquisitions, including a potential deal for Enel’s Windpeshi wind project.