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Ecopetrol pulls out of the red

Wednesday, May 13th, 2015 Category: Eye on Ecopetrol
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Ecopetrol pulls out of the red

Ecopetrol (NYSE:EC) saw its revenues hit by the fall in oil prices, but managed to reverse losses felt in the final quarter of 2014, posting a consolidated net income of CoP$160B (US$67.32M) as production holds and margins in its transportation and refining businesses improve.

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