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Ecopetrol back to profits in 1Q16

Wednesday, May 4th, 2016 Category: Eye on Ecopetrol
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Ecopetrol back to profits in 1Q16

Ecopetrol (NYSE:EC) once again posted a profit in the first quarter of 2016 of CoP$363B (US$123.7M), as its transport business benefits its bottom line, coupled with cost cutting and a favorable exchange rate.

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