Colombia's Ecopetrol (EC) reported Q4 net income of 3.898 trillion pesos ($955.9 million), down from 4.228 trillion pesos a year earlier.

One analyst polled by FactSet expected 3.134 trillion pesos.

Revenue for the quarter that ended Dec. 31 was 34.792 trillion pesos, down from 34.794 trillion pesos a year earlier.

Analysts surveyed by FactSet expected 34.081 trillion pesos.

Shares of Ecopetrol traded 1.9% higher in after-hours activity.