Ecopetrol SA (NYSE:EC) announced its unconsolidated and consolidated financial results for the fourth quarter and audited full year 2010 results, prepared and filed in accordance with the Regimen de Contabilidad Publica (Public Accounting Regime - RCP) of the National Accounting Office of Colombia and in Colombian pesos (COP$). Consolidated production was 615.9 MBOED in 2010, an increase of 18.3% compared to 2009. Ecopetrol S.A.'s production was 579.5 MBOED, up 16.2% over 2009. Ecopetrol S.A.'s sales reached COP$36.7 trillion, a 32.5% increase vs. 2009. Ecopetrol S.A.'s net income was COP$8.3 trillion in 2010, a 58.8% increase compared to 2009. Earnings per share were COP$206.22 in 2010, compared to COP$129.87 in 2009. Ecopetrol S.A.'s EBITDA margin was 45% in 2010, compared to 38% in 2009.
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