MetaCap

Ecopetrol S.A. (EC) vs Equinor ASA (EQNR)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.

Summary

Ecopetrol S.A. (EC) has outperformed Equinor ASA (EQNR) over the past year, gaining 84.0% versus a gain of 63.9%. Over five years, EQNR leads with a +52.7% price change compared with +6.0% for EC. Equinor ASA is the larger company by market cap ($98.58 billion vs $34.19 billion), about 2.9 times the size.

On valuation, Equinor ASA trades at a lower forward P/E (8.8x vs 8.8x for Ecopetrol S.A.). Equinor ASA pays a dividend yielding 3.70%, while Ecopetrol S.A. does not currently pay one.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

EC+83.96%EQNR+63.88%
+108%+45%-17%
Oct 7, 20251 yearOct 7, 2026
EC+7.36%EQNR+58.03%
+76%+9%-59%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

EC versus EQNR key metrics
MetricECEQNR
Share price$16.63$41.61
Market cap$34.19B$98.58B
1-day change-1.95%-3.26%
YTD return+65.97%+76.09%
1-year return+83.96%+63.88%
5-year return+5.99%+52.70%
P/E ratio (TTM)9.0411.37
Forward P/E8.828.78
EPS (TTM)$1.84$3.66
Dividend yield3.83%3.70%
Annual dividend$0.00$1.54
Revenue (latest FY)—$106.46B
Revenue growth (YoY)—+2.59%
Net income (latest FY)—$5.04B
Gross margin—48.18%
Operating margin—23.81%
Net margin—4.74%
52-week high$18.38$45.84
52-week low$8.57$22.26
Distance from 52-week high-9.52%-9.23%
Analyst consensusunderperformhold
Avg. price target upside-14.01%-6.68%
Average volume1.88M3.49M
Shares outstanding2.06B2.37B
Employees—23,545
SectorEnergyEnergy
IndustryOil & Gas ProductionIntegrated oil Companies

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Equinor ASA is about 2.9 times larger than Ecopetrol S.A. by market value ($98.58B vs $34.19B).
  • EC has outperformed EQNR by 20.1 percentage points over the past year.
  • Equinor ASA trades at a higher earnings multiple (11.4x vs 9.0x trailing P/E).

About Ecopetrol S.A.

EC stock →

Ecopetrol S.A. operates as an integrated energy company.

Energy · Oil & Gas Production

About Equinor ASA

EQNR stock →

Equinor ASA operates as an energy company in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; and Renewables segments.

Energy · Integrated oil Companies · 23,545 employees

EC vs EQNR FAQ

Which is bigger, Ecopetrol S.A. or Equinor ASA?

Equinor ASA (EQNR) is larger, with a market capitalization of $98.58B compared with $34.19B for Ecopetrol S.A. (EC).

Which stock has performed better over the past year, EC or EQNR?

EC returned +83.96% over the past 12 months, compared with +63.88% for EQNR (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, EC or EQNR?

EC has the lower trailing P/E at 9.0, versus 11.4 for EQNR. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Ecopetrol S.A. or Equinor ASA?

Ecopetrol S.A. has the higher yield at 3.83%, compared with 3.70% for Equinor ASA.

Are Ecopetrol S.A. and Equinor ASA in the same industry?

Both are in the Energy sector, but in different industries: Oil & Gas Production for Ecopetrol S.A. and Integrated oil Companies for Equinor ASA.

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