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Ecopetrol S.A. (EC)

NYSE: EC · IEX Real-Time Price · USD
15.69 0.21 (1.36%)
Oct 15, 2021 4:00 PM EDT - Market closed
Market Cap32.26B
Revenue (ttm)14.67B
Net Income (ttm)463.51M
Shares Out2.06B
EPS (ttm)2.14
PE Ratio7.33
Forward PE7.11
Dividend$0.09 (0.59%)
Ex-Dividend DateApr 20, 2021
Volume623,125
Open15.57
Previous Close15.48
Day's Range15.49 - 15.75
52-Week Range8.44 - 15.91
Beta1.04
AnalystsHold
Price Target13.41 (-14.5%)
Est. Earnings DateOct 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...

IndustryOil, Gas & Consumable Fuels
IPO DateAug 27, 2007
CEOFelipe Bayon Pardo
Employees13,977
Stock ExchangeNYSE
Ticker SymbolEC
Full Company Profile

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 Statements

Analyst 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.

Price Target
$13.41
(-14.54% downside)
Analyst Consensus: Hold

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...

2 weeks ago - Zacks Investment Research

Ecopetrol informs of the sanction imposed by ANLA

BOGOTÁ, Colombia, Sept. 14, 2021 /PRNewswire/ -- Ecopetrol S.A.

1 month ago - PRNewsWire

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.

1 month ago - Zacks Investment Research

Moody's maintained the rating of Ecopetrol S.A. and changed its outlook

BOGOTÁ, Colombia, Sept. 1, 2021 /PRNewswire/ -- Ecopetrol S.A.

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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...

1 month ago - PRNewsWire

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")...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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.

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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.

2 months ago - Zacks Investment Research

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

3 months ago - Zacks Investment Research

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.

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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.

4 months ago - Zacks Investment Research

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...

4 months ago - PRNewsWire