November 19, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Colombian state energy company Ecopetrol (NYSE:EC) (Bogota, Colombia) closed the third quarter with net income of 3.6 trillion Colombian pesos (about US$800 million), about 28.3% less than during the same period in 2023. The drop in net income was due to the impact of external factors, such as inflation and price changes.