Ecopetrol (EC) closed the most recent trading day at $9.02, moving +0.33% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.9%. Meanwhile, the Dow gained 0.81%, and the Nasdaq, a techheavy index, added 1.22%. Prior to today's trading, shares of the oil and natural gas exploration company had lost 2.49% over the past month. This has lagged the Oils-Energy sector's gain of 5.22% and the S&P 500's gain of 3.15% in that time. The upcoming earnings release of Ecopetrol will be of ...

BOGOTA, Colombia, Oct. 1, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") announces that the following permanent appointment has been made as part of the implementation of the new organizational structure announced on June 6, 2024: Juan Carlos Hurtado Parra as Vice President of the Upstream segment, who has been in charge of this department since June 15 and assumes the position permanently as of today, October 1. Juan Carlos is an electrical engineer from the I ...

Ecopetrol (EC) closed the most recent trading day at $8.93, moving -1% from the previous trading session. This change lagged the S&P 500's 0.42% gain on the day. At the same time, the Dow added 0.04%, and the techheavy Nasdaq gained 0.38%. Heading into today, shares of the oil and natural gas exploration company had lost 8.33% over the past month, lagging the Oils-Energy sector's loss of 2.47% and the S&P 500's gain of 2.06% in that time. The upcoming earnings release of Ecopetrol will be of great interest ...

Ecopetrol S.A. (NYSE: EC ) (TSX: ECP:CA ) is a solid investment to gain exposure to fossil fuels, despite potential sector weakness and dividend fragility. While investors can be appealed by the stock's 16% dividend yield, this stock I am always on the lookout for strongly undervalued stocks, in the dirt and under the rocks. Following me will allow you to read about little known, forgotten and underrated stocks, in any geography and sector.My name is Akim and I am a professional portfolio manager for invest ...

BOGOTA, Colombia, Sept. 24, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, in compliance with the ruling issued by the Fourth Labor Court of the Santa Marta Circuit, the names "Uchuva" and "Tayrona" will no longer be used to refer to its offshore exploration projects in the Colombian Caribbean, nor any project in which the Company is involved. This mention of the former names is made only once to comply with the court's order. In collaboration with Petrobras, Ecopetrol's partne ...

Petrobras S.A. (PBR) and Ecopetrol (EC) have suffered a major setback while drilling for an offshore gas well in Colombian waters. A Colombian judge has ordered the companies to stop the drilling of the Uchuva-2 well in response to a suit filed by an indigenous community that sought protection. The community hailed from the Taganga area, which lies close to the city of Santa Marta. Dispute With the Indigenous Community The community stated that the companies should have sought their approval prior to drilli ...

BOGOTÁ, Colombia, Sept. 5, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") announces that today was the settlement of the partial make whole of the Notes due 2026, originally issued in 2015 for a nominal amount of US$1.5 billion. This make whole covered a notional amount of US$250 million and the repurchase price was US$1,014.41 per US$1,000 of principal, for a total of US$253,602,675.24, plus accrued interest up to the redemption date. The partial make whole wa ...

BOGOTA, Colombia, Sept. 3, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") announces that the Board of Directors made the following appointments on August 30, 2024: David Alfredo Riaño Alarcón, Executive Vice President of Energy Transition, as legal and alternate commercial representative. Camilo Barco Muñoz, Corporate Vice President of Finance and Sustainable Value, as alternate legal and commercial representative. Cristina Toro Restrepo, Corporate Legal Vice P ...

BOGOTA, Colombia, Aug. 21, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") announces that the Ministry of Finance and Public Credit ("MHCP") has authorized Ecopetrol to execute a loan agreement for up to two-hundred fifty million dollars through Resolution 2476 dated August 20, 2024. The loan is expected to be executed by and between the Company, as borrower, and Sumitomo Mitsui Banking Corporation, as lender. The term of the loan is expected to be five years, w ...

Ecopetrol S.A. (NYSE:EC) Q2 2024 Earnings Conference Call August 14, 2024 10:00 AM ET Company Participants Ricardo Roa - Chief Executive Officer Rafael Guzman - Acting Executive Vice President, Hydrocarbons David Riano - Executive Vice President, Transition Energy Javier Cardenas - Acting Chief Financial Officer Nicolas Azcuenaga - Vice President, Strategies Walter Canova - Vice President, Refining and Industrial Processes Alexander Cadena Motezuma - President, Cenit Felipe Trujillo Lopez - Commercial and M ...