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NYSE:EC

Ecopetrol (EC) Stock Price, News & Analysis

$10.10
-0.05 (-0.49%)
(As of 10:46 AM ET)
Today's Range
$10.09
$10.21
50-Day Range
$9.74
$12.66
52-Week Range
$9.35
$13.14
Volume
308,959 shs
Average Volume
1.98 million shs
Market Capitalization
$20.76 billion
P/E Ratio
4.39
Dividend Yield
26.44%
Price Target
$11.27

Ecopetrol MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
10.5% Upside
$11.27 Price Target
Short Interest
Bearish
0.47% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.05mentions of Ecopetrol in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.22%
From $2.41 to $2.56 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.22 out of 5 stars

Oils/Energy Sector

172nd out of 240 stocks

Crude Petroleum & Natural Gas Industry

64th out of 81 stocks

EC stock logo

About Ecopetrol Stock (NYSE:EC)

Ecopetrol S.A. operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services. As of December 31, 2022, the company had approximately 9,127 kilometers of crude oil and multi-purpose pipelines. It also produces and commercializes polypropylene resins and compounds, and masterbatches; and offers industrial service sales to customers and specialized management services. It has operations in Colombia, the United States, Asia, Central America and the Caribbean, Europe, and South America. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was incorporated in 1948 and is headquartered in Bogotá, Colombia.

EC Stock Price History

EC Stock News Headlines

Ecopetrol S.A. (NYSE:EC) Q2 2024 Earnings Call Transcript
Millionaire Investor Warns: “Brace for Apple Collapse”
Apple stock has quadrupled over the past five years. But now even Warren Buffett is pulling the plug. The Oracle of Omaha just sold HALF his stake – worth more than $75 billion in the iconic tech company.
Ecopetrol SA DRC (E1CO34)
What Wall Street expects from Ecopetrol's earnings
Millionaire Investor Warns: “Brace for Apple Collapse”
Apple stock has quadrupled over the past five years. But now even Warren Buffett is pulling the plug. The Oracle of Omaha just sold HALF his stake – worth more than $75 billion in the iconic tech company.
Ecopetrol informs about second quarter 2024 results
Ecopetrol (EC) Scheduled to Post Earnings on Tuesday
See More Headlines
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Company Calendar

Last Earnings
3/02/2015
Ex-Dividend for 7/3 Dividend
6/25/2024
Dividend Payable
7/03/2024
Today
8/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Petroleum And Natural Gas
Employees
19,657
Year Founded
1948

Price Target and Rating

Average Stock Price Target
$11.27
High Stock Price Target
$12.50
Low Stock Price Target
$8.50
Potential Upside/Downside
+11.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
6 Analysts

Profitability

Net Income
$25.27 billion
Pretax Margin
25.77%

Debt

Sales & Book Value

Annual Sales
$133.96 trillion
Cash Flow
$10.15 per share
Book Value
$58.52 per share

Miscellaneous

Outstanding Shares
2,055,840,000
Free Float
N/A
Market Cap
$20.87 billion
Optionable
Optionable
Beta
1.23

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Key Executives

  • Mr. Ricardo Roa Barragan
    Chief Executive Officer
  • Dr. Ana Milena López Rocha (Age 43)
    Corporate Vice President of Finance & Sustainable Value
  • Mr. Alberto Consuegra Granger (Age 64)
    COO & Executive VP of Operations
  • Mr. Luis Felipe Rivera Garcia
    Vice President of Science, Technology & Innovation
  • Mr. Rodolfo Mario García Paredes (Age 52)
    Vice President of Legal
  • Ms. Luz Elena Diaz Garcia
    Corporate Vice President of Compliance
  • Marcela Ulloa
    Head of Corporate Communications
  • Mr. Felipe Trujillo Lopez
    Vice President of Commercial & Marketing
  • Ms. Victoria Irene Sepúlveda Ballesteros
    Corporate Vice President of Human Talent
  • Carolina Tovar Aragon
    Head of Capital Markets

Should I Buy Ecopetrol Stock? EC Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Ecopetrol S.A.:

  • Ecopetrol's stock price recently hit a 52-week low, presenting a potential buying opportunity for investors looking to enter at a discounted price.
  • The company operates as an integrated energy company with diverse segments, providing a level of stability and potential for growth across different sectors within the energy industry.
  • Despite recent challenges, Ecopetrol has a strong market capitalization of $20.54 billion, indicating its position as a significant player in the industry.
  • Ecopetrol's return on equity of 8.82% showcases its ability to generate profits from shareholders' investments.
  • With a current ratio of 1.58 and a quick ratio of 1.34, Ecopetrol demonstrates healthy liquidity levels to meet short-term obligations.

Cons

Investors should be bearish about investing in Ecopetrol S.A. for these reasons:

  • Several equities analysts have issued sell and hold ratings on Ecopetrol's stock, indicating potential concerns about its future performance.
  • The company recently reported earnings below analysts' expectations, which may raise doubts about its ability to meet financial targets in the near term.
  • Despite its market presence, Ecopetrol faces competition in the energy sector, which could impact its market share and profitability.
  • The company's debt-to-equity ratio of 0.90 suggests a moderate level of financial leverage, which could pose risks during economic downturns or industry challenges.
  • While the stock price may be at a low, the beta of 1.23 indicates that Ecopetrol's stock is relatively more volatile compared to the market, potentially leading to higher risk for investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 11, 2024. Please send any questions or comments about these Ecopetrol pros and cons to contact@marketbeat.com.

EC Stock Analysis - Frequently Asked Questions

How have EC shares performed this year?

Ecopetrol's stock was trading at $11.92 at the beginning of 2024. Since then, EC stock has decreased by 14.4% and is now trading at $10.20.
View the best growth stocks for 2024 here
.

How were Ecopetrol's earnings last quarter?

Ecopetrol S.A. (NYSE:EC) issued its earnings results on Monday, March, 2nd. The oil and gas company reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of $0.21 by $0.33. The oil and gas company had revenue of $5.12 billion for the quarter, compared to analyst estimates of $6.65 billion. Ecopetrol had a trailing twelve-month return on equity of 8.82% and a net margin of 14.35%.

Who are Ecopetrol's major shareholders?

Top institutional investors of Ecopetrol include Crossmark Global Holdings Inc. (0.04%), Earnest Partners LLC (0.02%), American Century Companies Inc. (0.01%) and Capital Wealth Planning LLC (0.01%).

How do I buy shares of Ecopetrol?

Shares of EC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ecopetrol own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ecopetrol investors own include Energy Transfer (ET), NVIDIA (NVDA), General Electric (GE), Gladstone Land (LAND), Halliburton (HAL), Martin Midstream Partners (MMLP) and Micron Technology (MU).

This page (NYSE:EC) was last updated on 8/22/2024 by MarketBeat.com Staff

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