BOGOTA, Colombia, Oct. 18, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the following senior management appointment was made effective as of October 16, 2024: Carlos Mauricio Avila Saldarriaga has been appointed as Vice President of Subsidiaries and Assets with Partners. Carlos is a Petroleum Engineer from Universidad América, with further education in finance, project management and production operations. He has more than 28 years of experience in the hydrocarbons sector. H ...

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in ...

Ecopetrol (EC) ended the recent trading session at $8.15, demonstrating a -1.09% swing from the preceding day's closing price. This change lagged the S&P 500's 0.02% loss on the day. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.04%. The oil and natural gas exploration company's stock has dropped by 10.04% in the past month, falling short of the Oils-Energy sector's loss of 7.26% and the S&P 500's gain of 3.77%. The upcoming earnings release of Ecopetrol will be of great interest ...

BOGOTÁ, COLOMBIA, Oct. 16, 2024 /PRNewswire/ -- Ecopetrol S.A. ("Ecopetrol" or the "Company") (NYSE: EC) announced today the tender offer consideration (the "Total Consideration") payable in connection with the previously announced cash tender offer (the "Offer") by Ecopetrol, which commenced on October 8, 2024, to purchase any and all of its outstanding 5.375% Notes due 2026 (the "Securities"), upon the terms and subject to the conditions set forth in Ecopetrol's Offer to Purchase, dated October 8, 2024 (a ...

BOGOTA, Colombia, Oct. 11, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that the Shareholders' Meeting of its subordinate Ecopetrol Energia S.A.S E.S.P., with the favorable and affirmative vote of 100% of its subscribed shares, authorized its liquidator, Mr. Christian Schneider Jaramillo, to carry out all the necessary steps for the due liquidation of this company whose purpose was the commercialization of energy, which culminated with the cancellation of its commercial registratio ...

Ecopetrol (EC) ended the recent trading session at $8.74, demonstrating a -0.79% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.61%. Meanwhile, the Dow gained 0.97%, and the Nasdaq, a tech-heavy index, added 0.33%. Shares of the oil and natural gas exploration company have depreciated by 3.93% over the course of the past month, underperforming the Oils-Energy sector's loss of 2.26% and the S&P 500's gain of 5.36%. Analysts and investors alike ...

BOGOTA, Colombia, Oct. 10, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") announces that to continue with its integral debt management strategy, it plans to prepay on October 18, 2024, USD 500 million out of the USD 1,000 million outstanding balance of that certain loan agreement executed with international banks in September 2023 and maturing in September 2030 (the "2030 Loan"). Ecopetrol plans to prepay the 2030 Loan with the funds from the external credit of ...

Ecopetrol (EC) ended the recent trading session at $8.81, demonstrating a +1.97% swing from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.21%. Meanwhile, the Dow experienced a drop of 0.14%, and the technology-dominated Nasdaq saw a decrease of 0.05%. Prior to today's trading, shares of the oil and natural gas exploration company had lost 3.57% over the past month. This has was narrower than the Oils-Energy sector's loss of 4.39% and lagged the S&P 500's gain of 5.94% i ...

BOGOTÁ, Colombia, Oct. 8, 2024 /PRNewswire/ -- Ecopetrol S.A. ("Ecopetrol" or the "Company") (NYSE: EC) announced today the commencement of a cash tender offer (the "Offer"), to purchase any and all of its outstanding 5.375% Notes due 2026 (the "Securities"), upon the terms and subject to the conditions set forth in Ecopetrol's Offer to Purchase, dated October 8, 2024 (as the same may be amended or supplemented from time to time, the "Offer to Purchase") and in the related Notice of Guaranteed Delivery (as ...

Colombia's state-owned energy giant, Ecopetrol S.A. (EC) , announced the discovery of a natural gas deposit in the Papayuela well. The well, located in Colombia's Caribbean waters, has the potential to yield up to 800 million cubic feet of gas per day and meet 80% of the nation's current demand, leading to an end of the energy crisis that the country is predicting in the years to come. The company informed that the project is in its early stages of development and could take five to seven years to become pr ...