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Eye on Ecopetrol

Underweight rating to Ecopetrol

In a recent analysis, J.P. Morgan downgraded Ecopetrol’s stock to “Underweight.”

Monday, November 4th, 2024
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Komodo-1 drilling halted temporarily

Ecopetrol (NYSE: EC) confirmed the suspension of drilling activities for its Komodo-1 well, located in Colombia’s deep-water Caribbean region, due to ongoing licensing issues.

Thursday, October 31st, 2024
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Ecopetrol invests in Huila

Ecopetrol (NYSE: EC) recently announced a US$512M investment in Huila to expand oil and gas production.

Tuesday, October 29th, 2024
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Marine ecosystem conservation

Ecopetrol (NYSE: EC) and the José Benito Vives De Andréis Marine and Coastal Research Institute (Invemar) signed a collaboration agreement aimed at generating knowledge, conserving ecosystems, and promoting the benefits of marine and coastal ecosystems in Colombia’s Caribbean region.

Friday, October 25th, 2024
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Fate of Ecopetrol

Fate of Ecopetrol

In recent days, Ecopetrol has made national headlines as the company’s stock hit lows not seen since the pandemic.

Tuesday, October 22nd, 2024
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ECP to import diesel

Ecopetrol (NYSE: EC) announced measures to ensure a continuous supply of diesel in Colombia, following recent attacks on the Coveñas-Caño Limón (CCL) and Bicentenario pipelines.

Tuesday, October 22nd, 2024
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ECP’s AI integration

Ricardo Roa, President of Ecopetrol (NYSE: EC), recently confirmed that the company is actively incorporating artificial intelligence (AI) into its operations, responding to a call from Colombian President Gustavo Petro to embrace the technology.

Thursday, October 17th, 2024
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Catalyst for change in Colombia’s regions

Ecopetrol (NYSE: EC) has become a driving force for regional development through its focus on sustainability and social responsibility.

Thursday, October 17th, 2024
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Ecopetrol faces a challenging 2024

Ecopetrol (NYSE: EC) is heading into 2024 under immense pressure.

Wednesday, October 16th, 2024
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Ecopetrol’s stock tanks

Ecopetrol’s stock tanks

The press has been chattering about Ecopetrol’s stock price for most of the third quarter. The ADRs were US$12.67 on June 24th (the last ex-dividend date) and closed last Friday at US$8.74 down 31%. The Colombian government, Ecopetrol’s 88% owner, seems unconcerned.

Monday, October 14th, 2024
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