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Eye on Ecopetrol

New Board of ECP

Ecopetrol (NYSE: EC) will hold its Annual Shareholder General Assembly at the end of March, and this has generated much discussion among experts, analysts and members of the sector. One of the main topics has been possible new members of ECP’s Board of Directors.

 

Tuesday, March 12th, 2019
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Analysts on ECP’s investment plan

Ecopetrol (NYSE: EC) announced an ambitious plan to boost production and reserves in the coming years. Analysts talked about this strategy and its effects in the market.

Monday, March 11th, 2019
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ECP has a good year – except for refining

ECP has a good year – except for refining

Ecopetrol published its results this past week and CEO Felipe Bayón was rightly trumpeting the NOC’s earnings for their contribution to the nation’s coffers. But hidden in the results presentation was worsening margins in the Refining Line-of-Business (LoB).

Monday, March 11th, 2019
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Bayón on ECP shares

Alberto Carrasquilla, Minister of Finance (MinHacienda), proposed selling a portion of the State’s Ecopetrol (NYSE: EC) shares to private investors, generating much discussion in the country. Felipe Bayón, CEO of ECP, spoke on this topic and other relevant matters.

Thursday, March 7th, 2019
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Ecopetrol’s new venture

The firm signed an offshore E&P contract with the National Hydrocarbons Agency (ANH) to develop the COL 5 block. Here are the details.

Wednesday, March 6th, 2019
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ECP export distribution during 4Q18

ECP export distribution during 4Q18

Ecopetrol’s (NYSE: EC) reported its export metrics for the fourth quarter of 2018. ECP’s export distribution is changing, and the Far East is positioning itself as the principal destination of Colombian crude. Exports reported an increase in the last quarter of the year.

Tuesday, March 5th, 2019
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Bayón interview

Felipe Bayón, CEO of Ecopetrol (NYSE: EC) spoke about key issues for the company such as unconventional resources, investment, production and dividends, among others. He highlighted that the NOC managed to overcome the oil crisis with good financial and operational results.

Tuesday, March 5th, 2019
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Ecopetrol’s net profit, the highest of the last five years

Ecopetrol’s (NYSE:EC) operations were so profitable in 2018 that the value of its shares could be twice what they were in 2017. Here are the details.

Monday, March 4th, 2019
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Offshore exploration

The National Hydrocarbons Agency (ANH) announced that Ecopetrol (NYSE: EC) and Petrobras (NYSE: PBR) will conduct exploration activities in the Colombian Caribbean Sea.

 

Thursday, February 28th, 2019
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ECP results in 4Q18

ECP results in 4Q18

Ecopetrol (NYSE: EC) announced its fourth quarter and 2018 results. The NOC’s financial and operational performance in 2018 considerably increased compared to previous year. The firm reported the highest consolidated EBITDA in its history.

Wednesday, February 27th, 2019
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