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Eye on Ecopetrol

Net zero oil

Ecopetrol (NYSE: EC) announced the sale of new cargoes of carbon offset crude oil.

Tuesday, November 29th, 2022
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Ecopetrol and fracking in the US

Three years ago, Ecopetrol (NYSE: EC) decided to bet on the Permian region to diversify its portfolio and increase its hydrocarbon reserves. The NOC has had incredible results in such short time.

Wednesday, November 23rd, 2022
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ECP has a new American subsidiary

Ecopetrol (NYSE: EC) incorporated a new company to its business group in its effort to become a global trader of refined products, petrochemicals, industrials, oil and natural gas.

Tuesday, November 22nd, 2022
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“We have a lot of natural gas in Colombia:” Bayón

“We have a lot of natural gas in Colombia:” Bayón

Ecopetrol’s (NYSE: EC) CEO, Felipe Bayón, took the stage of the Fifth Oil and Gas Summit to talk about Colombia’s natural gas potential. HCC attended the event.

Monday, November 21st, 2022
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Timing is everything

Timing is everything

The lead graph shows our annualized data for the evolution of Ecopetrol’s Net Income by Line of Business (LoB). The NOC has only reported through 3Q22 but we do a simple straight-line projection to compare to prior years. Barring some unforeseen implosion, shareholders can expect a record year for earnings driven by the E&P business. These results could not have come at a better time.

Monday, November 21st, 2022
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ECP shares removed from MSCI

ECP shares removed from MSCI

Ecopetrol (NYSE: EC) shares were removed from the MSCI US equity fund index. This is what experts said.

Thursday, November 17th, 2022
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Ecopetrol and PDVSA

Ecopetrol and PDVSA

Ecopetrol’s (NYSE: EC) Felipe Bayón announced that the NOC is strengthening ties with Venezuela for eventual hydrocarbon E&P agreements.

Wednesday, November 16th, 2022
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MinHacienda does not rule out new oil contracts

This is what Minister of Finance (MinHacienda), José Antonio Ocampo, had to say about the possibility of awarding new oil contracts, and Ecopetrol’s (NYSE: EC) current situation.

Monday, November 14th, 2022
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ECP to halt fracking activities?

Ecopetrol’s (NYSE: EC) Felipe Bayón spoke about the NOC’s most recent decision on the development of Fracking Pilot Projects (PPII) in Colombia. Here are the details.

Thursday, November 10th, 2022
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Ecopetrol 3Q22 results

Ecopetrol 3Q22 results

Ecopetrol (NYSE: EC) announced its third quarter 2022 results, with positive operational and financial results.

 

Thursday, November 10th, 2022
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