3-Dec-2024
Ecopetrol outlines 2025 spending plan up to $6.4B, with half targeted to E&P
Seeking Alpha News (Mon, 2-Dec 12:38 PM ET)
Ecopetrol SA: Sell Rating Due to Investment Concerns and Regional Underperformance
TipRanks (Mon, 2-Dec 6:35 AM ET)
Ecopetrol S.A. Unveils Major Investment Plans for 2025
TipRanks (Mon, 2-Dec 6:32 AM ET)
The Ecopetrol Group is expected to invest between 24 and 28 trillion pesos in 2025
PRNewswire (Fri, 29-Nov 9:24 PM ET)
Decisions of the Board of Directors of Ecopetrol S.A.
PRNewswire (Fri, 29-Nov 9:22 PM ET)
Ecopetrol S.A. Completes Redemption of its 5.375% Notes due 2026
PRNewswire (Thu, 21-Nov 9:26 PM ET)
PRNewswire (Wed, 20-Nov 9:52 AM ET)
Fitch Ratings maintains Ecopetrol's overall credit rating at BB+ and stable outlook.
PRNewswire (Fri, 8-Nov 5:38 PM ET)
PRNewswire (Thu, 7-Nov 8:50 PM ET)
Ecopetrol S.A. reports on the decision of the Santa Marta Tribunal.
PRNewswire (Thu, 31-Oct 8:52 AM ET)
Ecopetrol SA is engaged in commercial and industrial activities related to the exploration, exploitation, refining, transportation, storage, distribution, and marketing of hydrocarbons, their derivatives, and products, as well as the electric power transmission services, design, development, construction, operation, and maintenance of road and energy infrastructure projects and the provision of information technology and telecommunications services. The operations of the company are performed through four business segments: Exploration and Production, Transport and Logistics, Refining and Petrochemical, and Electric Power Transmission and Toll Roads Concessions. The majority of the company's revenue is generated from the Refining and Petrochemical segment.
Ecopetrol S.A. American Depositary Shares trades on the NYSE stock market under the symbol EC.
As of December 3, 2024, EC stock price climbed to $7.97 with 1,357,603 million shares trading.
EC has a beta of 0.15, meaning it tends to be less sensitive to market movements. EC has a correlation of 0.00 to the broad based SPY ETF.
EC has a market cap of $16.39 billion. This is considered a Large Cap stock.
In the last 3 years, EC traded as high as $19.81 and as low as $7.21.
The top ETF exchange traded funds that EC belongs to (by Net Assets): VWO, ILF, SDIV, FTRI, FNDE.
EC has underperformed the market in the last year with a price return of -13.5% while the SPY ETF gained +33.1%. EC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -19.0% and -2.3%, respectively, while the SPY returned +7.4% and +2.7%, respectively.
EC support price is $7.79 and resistance is $8.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EC shares will trade within this expected range on the day.