Terpel reported consolidated earnings results for the fourth quarter and year ended December 2018. For the quarter, the company reported income of COP 5,329.37 billion compared to COP 4,240.06 billion for the same period a year ago. Net profit was COP 19.94 billion compared to COP 23.17 billion for the same period a year ago. For the year, the company reported income of COP 19,065.57 billion compared to COP 15,346.84 billion for the same period a year ago. Net profit was COP 133.74 billion compared to COP 195.28 billion for the same period a year ago.