Ecopetrol S.A. (EC)

NYSE: EC · IEX Real-Time Price · USD
11.03
+0.04 (0.32%)
Aug 12, 2022 12:04 PM EDT - Market open
0.32%
Market Cap 22.67B
Revenue (ttm) 22.57B
Net Income (ttm) 3.84B
Shares Out 2.06B
EPS (ttm) 2.88
PE Ratio 3.83
Forward PE 3.06
Dividend $2.26 (20.48%)
Ex-Dividend Date Jun 28, 2022
Volume 294,658
Open 10.89
Previous Close 10.99
Day's Range 10.88 - 11.08
52-Week Range 9.31 - 19.81
Beta 1.23
Analysts Buy
Price Target 14.70 (+33.3%)
Earnings Date Aug 3, 2022

About EC

Ecopetrol S.A. operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supp... [Read more...]

Industry Oil, Gas & Consumable Fuels
IPO Date Aug 27, 2007
CEO Felipe Bayon Pardo
Employees 18,000
Stock Exchange NYSE
Ticker Symbol EC
Full Company Profile

Financial Performance

In 2021, Ecopetrol's revenue was 91.88 trillion, an increase of 82.95% compared to the previous year's 50.22 trillion. Earnings were 15.65 trillion, an increase of 886.28%.

Financial numbers in COP Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for EC stock is "Buy." The 12-month stock price forecast is 14.7, which is an increase of 33.33% from the latest price.

Price Target
$14.7
(33.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Drilling of ultra-deep-water Gorgon-2 well confirms the extension of the gas province in the Colombian Caribbean

BOGOTA, Colombia , Aug. 10, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the Gorgon-2 well proved the presence of gas in ultra-deep waters in the southern Colombian Cari...

Ecopetrol Group Announces Second Quarter 2022 Results

BOGOTÁ, D.C., Aug. 4, 2022 /PRNewswire/ -- Ecopetrol S.A.

Ecopetrol announces deepwater gas discovery in Colombia

BOGOTA, Colombia , July 29, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces the discovery of a natural gas accumulation in the Uchuva-1 exploratory well in the Tayrona Block, dr...

Ecopetrol announces the publication date of its second-quarter earnings report and conference calls

BOGOTÁ, Colombia , July 28, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Wednesday, August 3, 2022, after market close, it will release its financial and operating re...

Ecopetrol informs the resignation of Vice President of Corporate Affairs and Secretary General

BOGOTÁ, Colombia , July 22, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, effective as of August 18, 2022, Mónica Jiménez, Vice President of Corporate Affairs and Secretar...

New Strong Sell Stocks for June 30th

WMT, EC, and CNMD have been added to the Zacks Rank #5 (Strong Sell) List on June 30, 2022.

Other symbols: CNMDWMT

Why Ecopetrol Stock Is Plunging on a Strong Day for the Markets

Colombia elected a leftist anti-oil president, which isn't good news for the state-run oil company.

Partial Distribution of occasional reserve and modification of the dividend payment schedule for the majority shareho...

BOGOTÁ, June 21, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") announces that, at the Extraordinary General Shareholders' Meeting held on June 17, 2022, t...

3 Value Stocks to Buy and Hold for the Long Term

These value stocks to buy and hold have performance metrics that are highly positive, especially compared to their sectors as a whole. The post 3 Value Stocks to Buy and Hold for the Long Term appeared ...

Other symbols: EGLEGOGL

Establishment of the Business Committee of the Board of Directors of Ecopetrol S.A.

BOGOTÁ, June 13, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, given the resignation of Juan Emilio Posada Echeverri from the Board of Directors of the company, the board,...

Resignation of Ecopetrol's Board Member

BOGOTÁ, Colombia , June 8, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that Juan Emilio Posada Echeverri resigned as an independent member of the Board of Directors of the Com...

Ecopetrol publishes measures to guarantee the adequate representation of its Shareholders at the extraordinary Genera...

BOGOTA, Colombia , June 1, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that to comply with the provisions of Part III Title I Chapter VI of the Basic Legal Circular issued by ...

Ecopetrol S.A.: Distribution of the occasional reserve that will be submitted to the consideration of the Shareholder...

BOGOTA, Colombia , June 1, 2022 /PRNewswire/ -- In connection with the convening of an Extraordinary Shareholders' Meeting of Ecopetrol S.A. (the "Company") requested by the majority shareholder (the Mi...

Why Ecopetrol, Borr Drilling, and Gran Tierra Surged Higher Today

Oil prices are nearing $120 per barrel as Shanghai prepares to reopen and the EU agrees to ban most imports of Russian oil.

Other symbols: BORRGTE

Ecopetrol announces the dates of the publication of its first quarter 2022 earnings report and conference calls

BOGOTA, Colombia , May 11, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Tuesday May 10 th, 2022, after market close, it will release its financial and operating resul...

Ecopetrol Group announces first quarter 2022 Results

BOGOTÁ, Colombia , May 10, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announced today the Ecopetrol Group's financial results for the first quarter of 2022.

Ecopetrol informs about a sanction imposed by ANLA in connection with the construction phase of Poliducto Andino

BOGOTÁ, Colombia , May 4, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the Agencia Nacional de Licencias Ambientales (ANLA) notified on May 3 rd, 2022 through Resolution...

7 Best Energy Stocks To Buy With Over 6% Dividend Yields: Ecopetrol, Energy Transfer LP And More

One of the only sectors of the market that is skyrocketing amid broad market weakness in 2022 is the energy sector. Oil, natural gas and coal prices have soared as the war in Ukraine combined with surgi...

Other symbols: ETEPDMPCMPLXPTRSNP

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 initiates divestment process of equity share in Inversiones de Gases de Colombia S.A.

BOGOTÁ, D.C., May 2, 2022 /PRNewswire/ -- Ecopetrol S.A.

Ecopetrol informs sanction imposed by the ANH

BOGOTÁ, Colombia , April 29, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) it received notification in the Resolution No.

Should Value Investors Buy Ecopetrol (EC) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

Ecopetrol files its Form 20-F for the Fiscal Year 2021

BOGOTÁ, Colombia , April 26, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announced today the filing of its annual report under Form 20-F for the fiscal year ended December 31, 2021, w...

Here's Why Ecopetrol (EC) Could be Great Choice for a Bottom Fisher

Ecopetrol (EC) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend...

Ecopetrol (EC) Is Up 2.72% in One Week: What You Should Know

Does Ecopetrol (EC) have what it takes to be a top stock pick for momentum investors? Let's find out.