Ecopetrol S.A. (EC)
| Market Cap | 32.26B |
| Revenue (ttm) | 14.67B |
| Net Income (ttm) | 463.51M |
| Shares Out | 2.06B |
| EPS (ttm) | 2.14 |
| PE Ratio | 7.33 |
| Forward PE | 7.11 |
| Dividend | $0.09 (0.59%) |
| Ex-Dividend Date | Apr 20, 2021 |
| Volume | 623,125 |
| Open | 15.57 |
| Previous Close | 15.48 |
| Day's Range | 15.49 - 15.75 |
| 52-Week Range | 8.44 - 15.91 |
| Beta | 1.04 |
| Analysts | Hold |
| Price Target | 13.41 (-14.5%) |
| Est. Earnings Date | Oct 26, 2021 |
About EC
Ecopetrol S.A. operates as an integrated oil and gas company. The company operates through three segments: Exploration and Production; Transport and Logistics; and Refining, Petrochemical and Biofuels. It engages in the exploration, production, and sale of oil and gas; offshore exploration; energy supply services; specialized management services; and distribution of natural gas and LPG activities. It also transports and distributes hydrocarbons and derivative products. As of December 31, 2020, the company had approximately 9,127 kilometers of c...
Financial Performance
In 2020, Ecopetrol's revenue was 50.22 trillion, a decrease of -29.75% compared to the previous year's 71.49 trillion. Earnings were 1.59 trillion, a decrease of -88.46%.
Financial numbers in millions COPFinancial StatementsAnalyst Forecast
According to 11 analysts, the average rating for Ecopetrol stock is "Hold." The 12-month stock price forecast is 13.41, which is a decrease of -14.54% from the latest price.
News
Ecopetrol (EC) Moves 5.4% Higher: Will This Strength Last?
Ecopetrol (EC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in th...
Ecopetrol informs of the sanction imposed by ANLA
BOGOTÁ, Colombia, Sept. 14, 2021 /PRNewswire/ -- Ecopetrol S.A.
Will Ecopetrol (EC) Gain on Rising Earnings Estimates?
Ecopetrol (EC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Moody's maintained the rating of Ecopetrol S.A. and changed its outlook
BOGOTÁ, Colombia, Sept. 1, 2021 /PRNewswire/ -- Ecopetrol S.A.
Ecopetrol's Board of Directors approved framework for the Potential Issuance and Placement of Common Stock
BOGOTÁ, Colombia, Aug. 30, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("the Company"), informs that during the session held on Friday August 27, 2021, its Board of Directors approved...
Ecopetrol Informs Of The Closing Of The Transaction With The Colombian Ministry of Finance and Public Credit Through ...
BOGOTÁ, Colombia, Aug. 20, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE; EC) informs that on August 20, 2021, the closing conditions set forth in the Inter-administrative Contract, dated Au...
S&P Global Ratings maintains the rating of Ecopetrol S.A. in BB+, with a stable outlook
BOGOTA, Colombia, Aug. 18, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE; EC) informs that the risk rating agency Standard & Poor's ("S&P") maintained the international long-term rating of E...
Ecopetrol obtains authorization to sign an external credit loan with international banks for up to US$4,000 million t...
BOGOTÁ, Colombia , Aug. 16, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that by means of Resolution 1928 of August 13, 2021, the Ministry of Finance and Public Credit ("MHCP")...
Ecopetrol informs that it signed an Inter-administrative share purchase agreement with the Colombian Ministry of Fina...
BOGOTÁ, Colombia , Aug. 11, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, the "Company") informs that on August 11, 2021, it signed the Inter-administrative Share Purchase Agreement ("t...
The Ecopetrol Group presents its first Stand-Alone report following the Task Force on Climate-Related Financial Discl...
BOGOTA, Colombia, Aug. 4, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that it has voluntarily adopted the recommendations issued by the Financial Stability Board's Task Force ...
Ecopetrol Group Announces Second Quarter 2021 Results
BOGOTÁ, Colombia, Aug. 3, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announced today the Ecopetrol Group's financial results for the second quarter and the first half of 2021.
The Administrative Court of Santander Revoked the Fine Imposed by the Ministry of Labor on Ecopetrol
BOGOTÁ, Colombia, Aug. 2, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that it was notified of the decision issued by the Administrative Court of Santander that voided the Dece...
Is a Surprise Coming for Ecopetrol (EC) This Earnings Season?
Ecopetrol (EC) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Ecopetrol submits a binding offer to acquire the Ministry of Finance and Public Credit's controlling stake in ISA
BOGOTÁ, Colombia , Aug. 2, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that during the meeting held on Friday July 30, 2021, its Board of Directors authorized the Legal Repres...
Ecopetrol S.A. obtains approval for a contingent line of credit for up to US$ 1,200 million
BOGOTA, Colombia, Aug. 2, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that by means of Resolution 1824 of July 30, 2021, the Ministry of Finance and Public Credit authorized t...
Ecopetrol opposes to the preliminary injunctive relief requested in a public action ("Acción Popular") filed against ...
BOGOTA, Colombia, July 29, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: Ecopetrol; NYSE: EC) hereby reports that on July 28, 2021, it filed a statement in opposition to the preliminary injunctive relief re...
Ecopetrol announces the dates of the publication of its second quarter 2021 earnings report and conference calls
BOGOTÁ, Colombia, July 29, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Tuesday August 3 rd, 2021, after market close, it will release its financial and operating res...
Ecopetrol reports on the recovery of its operations after the stabilization of the public order situation in Colombia
BOGOTÁ, Colombia, July 12, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: Ecopetrol; NYSE EC) informs about the recovery of its operations in the upstream, midstream, downstream and sales and marketing segme...
Fitch Ratings downgrades Ecopetrol S.A. following the same rating action on Colombia's sovereign rating
BOGOTA, Colombia , July 7, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, in line with the downgrade of the rating of the Republic of Colombia, Fitch Ratings has downgraded...
Ecopetrol (EC) Forms Business Units to Support Asia Operations
The two subsidiaries will enable Ecopetrol (EC) to maximize marketing margins through operational and financial efficiencies.
Ecopetrol reports the incorporation of two new subsidiaries that will be part of the Ecopetrol Group
BOGOTA, Colombia, July 1, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that it has concluded the incorporation of Ecopetrol Singapore Pte Ltd.
Ecopetrol S.A. receives authorization from the Colombian Ministry of Finance and Public Credit to structure the issua...
BOGOTÁ, Colombia , June 30, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reports that it has received authorization from the Ministry of Finance and Public Credit, through Resolution 1...
Ecopetrol reports the extension of the exclusivity period in connection with the potential acquisition of 51.4% stake...
BOGOTÁ, Colombia, June 24, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that the Exclusivity Agreement signed with the Ministry of Finance and Public Credit ("MHCP") on Februar...
Ecopetrol (EC) Maintains Production Amid Colombia Protest
Ecopetrol (EC) has been able to maintain its normal output levels despite ongoing protests across the country, forcing producers to shut down wells due to obstructions and transport restrictions.
Ecopetrol reports adverse consequences on its operations due to the current public order situation in Colombia
BOGOTÁ, May 26, 2021 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs about certain adverse consequences in the operation of its upstream, midstream, downstream and commercial and marke...