Ecopetrol (EC) Laps the Stock Market: Here's Why

Group 1 - Ecopetrol's stock closed at $10.91, reflecting a +0.74% change, outperforming the S&P 500's gain of 0.24% [1] - Over the past month, Ecopetrol shares have increased by 28.32%, significantly surpassing the Oils-Energy sector's decline of 3.18% and the S&P 500's increase of 2.37% [2] - The upcoming earnings announcement on March 4, 2025, is projected to show an EPS of$ 0.44, a decrease of 40.54% year-over-year, with expected revenue of $8.09 billion, down 5.77% from the same quarter last year [3] Group 2 - Recent analyst estimate revisions for Ecopetrol indicate a positive outlook for the company's business [4] - The Zacks Rank system, which assesses estimate changes, has shown that stocks rated 1 have produced an average annual return of +25% since 1988 [5][6] - Ecopetrol currently has a Zacks Rank of 3 (Hold), with a 1.15% rise in the Zacks Consensus EPS estimate over the past month [6] Group 3 - Ecopetrol's Forward P/E ratio is 6.17, indicating a discount compared to the industry's average Forward P/E of 8.03 [7] - The Oil and Gas - Integrated - International industry, to which Ecopetrol belongs, is ranked 132 in the Zacks Industry Rank, placing it in the bottom 48% of over 250 industries [7] - The Zacks Industry Rank suggests that top-rated industries outperform the bottom half by a factor of 2 to 1 [8]