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Eye on Ecopetrol

ECP purchase rating

Ecopetrol (NYSE: EC) lost the recommendation to buy its shares about a year ago, but the NOC received good news on this issue recently. Analysts talked about the situation of the company.

Monday, May 13th, 2019
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ECP on oil hedge program

Ministry of Finance (MinHacienda) Alberto Carrasquilla said that the government is analyzing the option of developing an oil hedge program at the end of the year. Ecopetrol’s (NYSE: EC) CEO, Felipe Bayón, spoke on the matter.

Wednesday, May 8th, 2019
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“As of March, the Ecopetrol Group has invested US$647M”: Bayón

CEO Felipe Bayón spoke about Ecopetrol’s (NYS:EC) positive financial results during the first quarter of the year.

 

Wednesday, May 8th, 2019
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USO talks ECP’s Board of Directors

It has been a month since Ecopetrol’s (NYSE:EC) new Board of Directors took office. Here is what the USO has to say about its performance.

 

Wednesday, May 8th, 2019
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ECP 1Q19 results

ECP 1Q19 results

Ecopetrol (NYSE: EC) announced its first quarter 2019 results. The NOC reported good financial performance, despite lower Brent price in this period compared to 1Q18. The firm reported solid operating results as well.

Tuesday, May 7th, 2019
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Ecopetrol’s plan for the Magdalena river

Ecopetrol (NYSE:EC) transports nearly 15mmbl of diesel, gasoline and propane through the Magdalena river every year. This is the company’s plan to recover its navigability.

 

Monday, May 6th, 2019
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ECP investment plans

ECP investment plans

Ecopetrol (NYSE: EC) announced a “reinforcement” for its 2019-2021 investment budget, thanks to the better oil price environment and its current operational and financial strength.

Tuesday, April 30th, 2019
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Middle Magdalena suppliers

Ecopetrol (NYSE: EC) published data on the service contracts in Middle Magdalena during 2018. Local suppliers played an important role in this matter.

Tuesday, April 30th, 2019
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Another attack on oil infrastructure, and counting

Even though terrorist attacks against oil infrastructure have decreased this year compared to the same period 2018, they have taken place in more complex places, geographically speaking.

 

Tuesday, April 23rd, 2019
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“I expect to have a decision from the government in the next month or two”: Bayón

Ecopetrol’s (NYSE:EC) CEO, Felipe Bayon, seems confident on the development of new fracking projects in Colombia, despite the current controversy about the topic.

Monday, April 15th, 2019
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