On the first day of Shareholder Stewardship 101, the professor reminds everyone that different investors measure performance differently. One group of shareholders prioritizes short-term performance, long-term performance concerns others, and dividend flow to others. We know that Colombian President Gustavo Petro never attended that class but Ecopetrol Ricardo Roa seems to have missed it as well.
The USO issued an urgent call to Ecopetrol (NYSE: EC) and the Colombian government to take immediate action in reactivating hydrocarbon exploration and production to boost the country’s reserves.
Felipe Bayón, former president of Ecopetrol (NYSE: EC), raised serious concerns about the financial health of Colombia’s state-owned oil company.
Recently, Ecopetrol’s (NYSE: EC) President, Ricardo Roa Barragán, announced the company’s potential plan to import gas produced through fracking in the Permian Basin (Texas, USA) as a strategy to mitigate Colombia’s projected gas deficit in 2025.
Ricardo Roa Barragán, President of Ecopetrol (NYSE: EC), provided new insights into the collapsed negotiations with Occidental Petroleum (NYSE: OXY) that aimed to acquire a significant stake in CrownRock, a company engaged in fracking in the US.
As Colombia braces for a looming natural gas deficit by 2025, Ecopetrol (NYSE: EC) explored a controversial solution: importing natural gas produced through fracking from the US.
In recent months, Colombia’s state-owned oil giant, Ecopetrol (NYSE: EC), has been at the center of a growing controversy, following decisions that analysts fear could lead to its demise.
Ecopetrol (NYSE: EC) announced its second quarter 2024 results, with a continued decrease in key metrics.
Ecopetrol (NYSE: EC) is facing increasing scrutiny following a controversial decision by its Board of Directors to pass on a significant investment opportunity in the US.
Ecopetrol (NYSE: EC) announced that the Uchuva-2 well has confirmed the extension of a gas discovery made in 2022 with the drilling of the Uchuva-1 well.