financetom
Business
financetom
/
Business
/
Ecopetrol's Q2 Net Income, Revenue Fall
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ecopetrol's Q2 Net Income, Revenue Fall
Aug 14, 2024 2:05 AM

04:39 AM EDT, 08/14/2024 (MT Newswires) -- Ecopetrol S.A ( EC ) reported late Tuesday Q2 net income attributable to owners of the company of 3.376 trillion Colombian pesos ($835.7 million), down from 4.087 trillion pesos a year earlier.

Revenue for the quarter ended June 30 was 32.627 trillion pesos, down from 34.300 trillion pesos a year earlier.

Analysts surveyed by Capital IQ expected 33.259 trillion pesos.

Price: 10.34, Change: -0.17, Percent Change: -1.62

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Jan 28, 2025
Jan 28 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday: ** Pan-European stock exchange Euronext announced it would acquire Nasdaq's Nordic power futures activities, as it seeks to widen its business in the northern European electricity market. ** Dutch bank ING Groep said it had reached an agreement to sell its business...
US Chipmakers' Shares Attempt Rebound in Premarket Activity Following Monday's Drubbing
US Chipmakers' Shares Attempt Rebound in Premarket Activity Following Monday's Drubbing
Jan 28, 2025
05:46 AM EST, 01/28/2025 (MT Newswires) -- US semiconductor companies such as Nvidia ( NVDA ) and Broadcom ( AVGO ) rebounded in premarket activity early Tuesday following a sharp sell-off in the previous regular trading session when an emerging Chinese artificial intelligence platform challenged its US rivals. DeepSeek, a private Chinese AI firm, launched a free, open-source large-language model,...
Lithia Motors Acquires Stohlman Subaru in Virginia
Lithia Motors Acquires Stohlman Subaru in Virginia
Jan 28, 2025
05:49 AM EST, 01/28/2025 (MT Newswires) -- Lithia Motors ( LAD ) said Tuesday that it acquired Stohlman Subaru in Sterling, Virginia. Financial details of the transaction were not disclosed. The company said it financed the acquisition using existing on-balance sheet capacity. ...
OpenAI seeks to block Indian media groups from copyright lawsuit
OpenAI seeks to block Indian media groups from copyright lawsuit
Jan 28, 2025
* OpenAI filing says publishers body's case should be dismissed * AI company says concerned about media reporting related to case * OpenAI denies using original literary work in training its large language model (Updates throughout with details from the court hearing on Tuesday) By Arpan Chaturvedi and Aditya Kalra NEW DELHI, Jan 28 (Reuters) - Microsoft-backed OpenAI sought to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved