Previous close | 10.41 |
Open | 10.40 |
Bid | 10.37 x 2200 |
Ask | 10.48 x 1800 |
Day's range | 10.31 - 10.52 |
52-week range | 8.59 - 15.93 |
Volume | |
Avg. volume | 2,178,726 |
Market cap | 21.381B |
Beta (5Y monthly) | 0.79 |
PE ratio (TTM) | 3.03 |
EPS (TTM) | 3.43 |
Earnings date | N/A |
Forward dividend & yield | 3.31 (32.11%) |
Ex-dividend date | 26 Sept 2023 |
1y target est | 12.81 |
(Bloomberg) -- Colombia’s Finance Ministry is planning to pay off in full its $5.8 billion debt with state-controlled oil producer Ecopetrol SA, according to a person with direct knowledge of the matter.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultWorld’s Richest Man Throws In Towel on Beverly Hills HotelKey Takeaways From Deal Biden, GOP Sealed to Avert US DefaultTexas AG Ken Paxton Impeached by Republican-Led State HouseEurope’s Economic Engine Is Breaking
Exxon Mobil Corp is in talks with Colombia's government in hopes of recovering its investment in a fracking pilot project as the U.S. oil major prepares to ditch upstream operations in the Andean country where the government is pushing through a fracking ban, two sources close to the discussions told Reuters. Exxon has held eight exploration and production contracts in Colombia, including the fracking pilot. All either have been or are being ended, suspended or liquidated, Colombia's National Hydrocarbon Agency (ANH) told Reuters.
Colombian majority-state-owned energy company Ecopetrol on Thursday said Chief Executive Felipe Bayon will leave his post on March 31, following more than five years in the position. Bayon's departure represents a shake-up for Colombia's biggest company and largest producer of oil - one of the Andean country's most important exports - during a drive by leftist President Gustavo Petro to accelerate the transition toward renewable energy. Choosing Bayon's replacement will involve a rigorous selection process by the company's board of directors, the company said in a statement.
Colombia's majority state-owned oil company Ecopetrol will invest up to around 30 trillion pesos ($6.2 billion) in 2023, it said on Friday, with the main focus on energy security rather than energy transition. The company has seen soaring profits in 2022 amid higher oil prices and a strong U.S dollar. Third-quarter net profits more than doubled to 9.51 trillion pesos, Ecopetrol reported last month.
BOGOTA (Reuters) -Colombian state oil company Ecopetrol on Tuesday reported its third-quarter net profit more than doubled to 9.51 trillion pesos ($1.90 billion), rising 150% from a year earlier, as production returned to levels not seen since before the coronavirus pandemic. "The operational and commercial performance, added to a favorable international crude oil price, allowed us to achieve better realization prices for our crude," Ecopetrol Chief Executive Felipe Bayon said in the filing. Ecopetrol's output was battered during the pandemic as global appetite for oil slumped.
EC, KLBAY and TH made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 6, 2022.
EC, BCC and BLDR made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 4, 2022.
CHS, PUMP, TRGP, EC, and RWEOY have been added to the Zacks Rank #1 (Strong Buy) List on October 4, 2022.
In the latest trading session, Ecopetrol (EC) closed at $9.92, marking a +1.85% move from the previous day.
Ecopetrol (EC) closed at $10.18 in the latest trading session, marking a -0.2% move from the prior day.
In the latest trading session, Ecopetrol (EC) closed at $9.96, marking a -0.99% move from the previous day.
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
WMT, EC, and CNMD have been added to the Zacks Rank #5 (Strong Sell) List on June 30, 2022.
Colombia elected a leftist anti-oil president, which isn't good news for the state-run oil company.