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Performance drivers

Performance drivers

We try to stay away from share price-related issues. There are lots of commentators better suited for that activity. But we do look at share prices in aggregate as an indicator of investor faith in Colombia. Doing that means we need to ‘unpack’ the influence of various performance drivers including oil prices, other broad industry factors, company-specific factors and to get, finally, the influence of Colombia itself.

Monday, January 21st, 2019
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New discovery in Arauca

The industry keeps reporting positive results from its operations in the Llanos Orientales region, this time in Ecopetrol’s (NYSE:EC) and Parex’s (TSX:PXT) Capachos block.

 

Thursday, January 17th, 2019
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Geopark 4Q18 operational update

Geopark Limited (NYSE: GPRK) announced fourth quarter and annual 2018 operational update. The firm reported record annual oil and gas production and a key change in investors.

 

Thursday, January 17th, 2019
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Frontera 4Q18 operational update

Frontera 4Q18 operational update

Frontera Energy Corporation (TSX: FEC) announced its estimated 2018 production with positive results according to its 2018 production guidance. Colombia production in the fourth quarter of 2018 increased. The firm announced its drilling plans for the first quarter of 2019 and the Quifa block plays a key role in this process.

Wednesday, January 16th, 2019
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Oil prices take shares for a ride

Oil prices take shares for a ride

We updated our indices of Colombia-focused, publicly-traded companies and as expected, the slide in Brent had a noticeable impact. We also looked more closely at our composite index, especially the role of the TSX.

Monday, January 14th, 2019
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Gases del Caribe keeps growing

Ramón Davila, General Manager of Gases del Caribe, reported on the firm’s accomplishments during 2018 and its goals for this year.

Thursday, January 10th, 2019
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ANH announces the first discovery of 2019

The National Hydrocarbons Commission (CNH) started the year with big news: an important finding by India’s ONGC Videsh Limited.

 

Wednesday, January 9th, 2019
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Authorities are concerned about security issues

The NOC spoke about the acts of vandalism that took place in the Palagua field (Boyacá). The development of these and other stories in our periodic Security summary.

 

Wednesday, January 9th, 2019
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“We aim to protect the environment while generating job opportunities”: Buitrago

Manuel Buitrago, General Director of Gran Tierra Energy (TSX:GTE) in Colombia spoke about the firm’s plans in Putumayo.

 

Tuesday, January 8th, 2019
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Where does Capex go with Brent so low?

Where does Capex go with Brent so low?

Colombia-focused oil companies dutifully did their 2019 planning, a meticulous process requiring formal Board approval, which can take many months to complete. But at the beginning of October, Brent started to slide nearly 37%, from US$84.16 on October 5th to US$53.21 on December 28th, although it was up considerably last week (Jan 4th) to US$57.06.

Monday, January 7th, 2019
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