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Eye on Ecopetrol

Ecopetrol for sale? An update

The idea of selling 8.5% of Ecopetrol’s (NYSE:EC) shares has caused controversy with economists and politicians. How is this project advancing in the Congress?

Wednesday, August 21st, 2019
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Ecopetrol’s local hiring

The NOC published results for its local hiring in 2Q19, confirming positive results.

Wednesday, August 21st, 2019
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Ecopetrol’s strategy

CEO Felipe Bayón took the stage of Colombia’s Entrepreneur Association’s (ANDI) 75th Assembly, where he spoke about the NOC’s plans for the coming years.

Tuesday, August 20th, 2019
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Ecopetrol’s Transport business margin continues to grow

Ecopetrol’s Transport business margin continues to grow

Ecopetrol (NYSE:EC) published its 2Q19 and 1H19 financial results and that allowed us to update our ECP Line-of-Business (LoB) charts, something we had not done since March (based on 2018 full-year results). The Transport LoB produces less EBITDA in volume than E&P but margins continue to rise.

Monday, August 19th, 2019
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ECP alliances in the Caribbean

The Colombian government wants to boost the growth of the oil sector and the Caribbean is positioned as one of the most attractive regions to develop new offshore projects. Ecopetrol (NYSE: EC) talked about investors’ interest in this area.

 

Thursday, August 15th, 2019
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ECP 2Q19 results

ECP 2Q19 results

Ecopetrol (NYSE: EC) announced its second quarter 2019 results. The NOC reported good financial performance, despite lower Brent price in this period. The firm reported solid operating results as well.

Wednesday, August 14th, 2019
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Colombia’s gas potential

According to Ecopetrol’s (NYSE:EC) information, Colombia is among those the greatest gas potential in Latin America.

 

Tuesday, August 13th, 2019
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Things are moving for ECP in the Llanos

Ecopetrol (NYSE:EC) confirmed that it is working on projects in the Eastern Planes, vital to assure the industry’s reactivation.

 

Monday, August 12th, 2019
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“Ecopetrol is ready to develop fracking pilot projects”: Bayón

CEO Felipe Bayón spoke about the NOC’s upcoming projects, and how they will assure best practices in Colombia, when it comes to developing unconventional resources.

Monday, August 5th, 2019
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Ecopetrol to develop fracking in Texas

Ecopetrol (NYSE:EC) announced investments to develop unconventional resources in Texas, while Colombian authorities still debate about the future of fracking pilot projects in the country.

 

Thursday, August 1st, 2019
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