Ecopetrol Remains An Oil And Gas Company, Great Buying Opportunity
Ecopetrol(EC) Seeking Alpha·2024-07-19 07:42
Company Overview Ecopetrol strategy 2040 I also found this article from 2022, in which the company talks about 900 MW by 2025. So, it appears that the plans were scaled back. Is this all just greenwashing by a company that actually makes its money from oil and gas and intends to continue doing so? Perhaps. If it were, then most investors would probably be okay with it because oil and gas are the cash cows, and investing in renewables is often seen as a significant cost that potentially won't pay off for man ...