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EP Petroecuador (Ecuador)

Main Activities: Oil and Gas Extraction | Crude Petroleum Extraction | Natural Gas Extraction
Full name: Empresa Publica de Hidrocarburos del Ecuador Profile Updated: January 03, 2024
Buy our report for this company USD 19.99 Most recent financial data: 2020 Available in: English & Spanish Download a sample report

Empresa Estatal Petróleos del Ecuador (Petroecuador) became Empresa Pública de Hidrocarburos del Ecuador (EP Petroecuador) in April 2010. It was formed as a company with six business units. It focuses on the management of strategic sectors, the provision of public services, the sustainable use of natural resources and public goods and development of other activities. The company also manages the hydrocarbon sector, through exploration, exploitation, transport, storage, processing and marketing of hydrocarbons, on the national and international market. In 2010 Petroecuador took over from the company EDC the natural gas exploitation in Campo Amistad, located in the Gulf of Guayaquil. This was due to the fact that EDC failed to complete its contract to the government of Ecuador.

Headquarters
Alpallana E8-86 y Av. 6 de Diciembre
Quito; Pichincha;

Contact Details: Purchase the EP Petroecuador report to view the information.

Website: http://www.eppetroecuador.ec

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
June 23, 1972
Key Executives
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Executive President
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Member of Board of Directors
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General Manager
Ownership Details
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100%
Subsidiaries
Refineria del Pacifico Eloy Alfaro Rdp Compania de Economia Mixta
51%
Company Performance
Financial values in the chart are available after EP Petroecuador report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency USD. Absolute financial data is included in the purchased report.
Net sales revenue
-33.94%
Total operating revenue
-33.94%
Operating profit (EBIT)
-85.45%
Net Profit (Loss) for the Period
-78%
Total assets
-0.21%
Total equity
-6.96%
Operating Profit Margin (ROS)
-18.04%
Net Profit Margin
-10.21%
Return on Equity (ROE)
-28.7%
Quick Ratio
-0.15%
Cash Ratio
-0.15%

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