Why These 15 Energy Stocks Are up the Most So Far in 2025

7. Ecopetrol SA (NYSE:EC)

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.

The consensus price target of $11 implies 20.4% upside.

EC stock is up 21.06% year-to-date.