EC vs. EQNR: Ecopetrol vs. Equinor Stock Comparison
How do Ecopetrol (EC) and Equinor (EQNR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Ecopetrol (EC) and Equinor (EQNR) are both classified in the Integrated Oil & Gas sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
Both Ecopetrol (EC) and Equinor (EQNR) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | EC | EQNR |
|---|---|---|
| Name | Ecopetrol S.A. Sponsored ADR | Equinor ASA Sponsored ADR |
| Country/Region | Colombia | Norway |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Integrated Oil & Gas | Integrated Oil & Gas |
| Market Capitalization | 31.97 billion USD | 99.39 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | September 18, 2008 | June 18, 2001 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EC | EQNR |
|---|---|---|
| Total Return (1Y) | 64.75% | 78.03% |
| Total Return (3Y, Annualized) | 23.69% | 17.56% |
| Total Return (5Y, Annualized) | 14.32% | 17.66% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | EC | EQNR |
|---|---|---|
| Volatility (1Y, Annualized) | 40.27% | 40.50% |
| Beta (5Y) | 0.45 | 0.18 |
| Max Drawdown (5Y) | -48.60% | -34.57% |
| Avg. Volume (3M) | 1.62M | 3.77M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EC | EQNR |
|---|---|---|
| Sharpe Ratio (1Y) | 1.50 | 1.82 |
| Sortino Ratio (1Y) | 2.38 | 2.76 |
Profitability
ROE (TTM)
Equinor (EQNR) at 27.57% sits in the top ROE quartile, while Ecopetrol (EC) at 15.95% is closer to the peer norm — stronger capital efficiency for EQNR.
EC
Energy industry group
15.95%
- Max
- 53.85%
- Q3
- 24.79%
- EC
- 15.95%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
EQNR
Energy industry group
27.57%
- Max
- 53.85%
- EQNR
- 27.57%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Ecopetrol (EC) at 10.23% and Equinor (EQNR) at 9.79% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
EC
Energy industry group
10.23%
- Max
- 56.92%
- Q3
- 22.92%
- EC
- 10.23%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
EQNR
Energy industry group
9.79%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- EQNR
- 9.79%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Equinor (EQNR) at 37.00% carries a top-quartile operating margin, while Ecopetrol (EC) at 0.00% operates in the bottom quartile.
EC
Energy industry group
0.00%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- EC
- 0.00%
- Min
- -24.52%
EQNR
Energy industry group
37.00%
- Max
- 71.31%
- EQNR
- 37.00%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | EC | EQNR |
|---|---|---|
| ROE (TTM) | 15.95% | 27.57% |
| ROA (TTM) | 7.31% | 17.10% |
| Net Margin (TTM) | 10.23% | 9.79% |
| Operating Margin (TTM) | 0.00% | 37.00% |
| Gross Margin (TTM) | 37.10% | 43.18% |
Growth
Revenue Growth
Equinor (EQNR) at 3.24% is around its peer norm for revenue growth, while Ecopetrol (EC) at -10.23% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Both Ecopetrol (EC) at -39.54% and Equinor (EQNR) at -37.62% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | EC | EQNR |
|---|---|---|
| Revenue Growth (YoY) | -10.23% | 3.24% |
| Revenue Growth (3Y CAGR) | -9.15% | -10.78% |
| EPS Growth (YoY) | -39.54% | -37.62% |
| EPS Growth (3Y CAGR) | -35.34% | -40.11% |
Financial Strength
Current Ratio (MRQ)
Both Ecopetrol (EC) at 1.51 and Equinor (EQNR) at 1.18 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
EC
Energy industry group
1.51
- Max
- 3.64
- Q3
- 2.21
- EC
- 1.51
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
EQNR
Energy industry group
1.18
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- EQNR
- 1.18
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Equinor (EQNR) at 0.66 carries an industry-typical debt-to-equity mix, while Ecopetrol (EC) at 0.96 uses more debt funding than most peers.
EC
Energy industry group
0.96
- Max
- 1.75
- EC
- 0.96
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
EQNR
Energy industry group
0.66
- Max
- 1.75
- Q3
- 0.93
- EQNR
- 0.66
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | EC | EQNR |
|---|---|---|
| Current Ratio (MRQ) | 1.51 | 1.18 |
| Debt / Equity (MRQ) | 0.96 | 0.66 |
| Net Debt / EBITDA | -- | 0.12 |
Dividends
Dividend Yield (TTM)
Ecopetrol (EC) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Equinor (EQNR) reports a yield of 3.67%, ranking against industry peers normally.
EC
Energy industry group
0.00%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- EC
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
EQNR
Energy industry group
3.67%
- Max
- 8.57%
- EQNR
- 3.67%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Ecopetrol (EC) at 36.09% and Equinor (EQNR) at 31.54% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
EC
Energy industry group
36.09%
- Max
- 133.24%
- Q3
- 53.31%
- EC
- 36.09%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
EQNR
Energy industry group
31.54%
- Max
- 133.24%
- Q3
- 53.31%
- EQNR
- 31.54%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | EC | EQNR |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 3.67% |
| Dividend Payout Ratio (TTM) | 36.09% | 31.54% |
Valuation
P/E Ratio (TTM)
Both Ecopetrol (EC) at 8.45 and Equinor (EQNR) at 8.71 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
EC
Energy industry group
8.45
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- EC
- 8.45
- Q1
- 7.71
- Min
- 2.99
EQNR
Energy industry group
8.71
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- EQNR
- 8.71
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
A sales-based read is only available for Equinor (EQNR), whose P/S ratio of 0.82 ranks against industry peers; Ecopetrol (EC) reports no figure this period.
EC
Energy industry group
--
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
- EC
- --
EQNR
Energy industry group
0.82
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- EQNR
- 0.82
- Min
- 0.00
P/B Ratio (MRQ)
Ecopetrol (EC) at 0.01 sits in the lower P/B ratio quartile relative to book while Equinor (EQNR) at 4.44 prices above its industry range — a wide valuation gap against assets.
EC
Energy industry group
0.01
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- EC
- 0.01
- Min
- 0.01
EQNR
Energy industry group
4.44
- EQNR
- 4.44
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | EC | EQNR |
|---|---|---|
| P/E Ratio (TTM) | 8.45 | 8.71 |
| P/S Ratio (TTM) | -- | 0.82 |
| P/B Ratio (MRQ) | 0.01 | 4.44 |
| Free Cash Flow Yield (TTM) | 38,006.99% | 32.55% |