NYSE:EC Ecopetrol (EC) Stock Price, News & Analysis → Central Banks Preparing for US Dollar Collapse? (From Behind the Markets) (Ad) Free EC Stock Alerts $11.84 +0.51 (+4.50%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$11.44▼$11.8850-Day Range$10.52▼$12.2952-Week Range$8.59▼$13.14Volume3.99 million shsAverage Volume1.89 million shsMarket CapitalizationN/AP/E Ratio5.08Dividend Yield20.95%Price Target$11.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Ecopetrol alerts: Email Address Ecopetrol MarketRank™ Stock AnalysisAnalyst RatingReduce1.67 Rating ScoreUpside/Downside7.1% Downside$11.00 Price TargetShort InterestHealthy0.40% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.27Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth4.93%From $2.23 to $2.34 Per ShareSee Full Details Hide Full Details 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.1.99 out of 5 stars 0.8 Analyst's Opinion Consensus RatingEcopetrol has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 4 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $11.00, Ecopetrol has a forecasted downside of 7.1% from its current price of $11.84.Amount of Analyst CoverageEcopetrol has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.40% of the float of Ecopetrol has been sold short.Short Interest Ratio / Days to CoverEcopetrol has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Ecopetrol has recently decreased by 13.48%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEcopetrol is a leading dividend payer. It pays a dividend yield of 22.55%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEcopetrol does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ecopetrol is 106.44%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Ecopetrol will have a dividend payout ratio of 105.98% in the coming year. This indicates that Ecopetrol may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EC. Previous Next 2.9 News and Social Media Coverage News SentimentEcopetrol has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Ecopetrol this week, compared to 4 articles on an average week.Search Interest31 people have searched for EC on MarketBeat in the last 30 days. This is an increase of 35% compared to the previous 30 days.MarketBeat Follows29 people have added Ecopetrol to their MarketBeat watchlist in the last 30 days. This is an increase of 190% compared to the previous 30 days. Previous Next N/A Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ecopetrol insiders have not sold or bought any company stock. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Ecopetrol are expected to grow by 4.93% in the coming year, from $2.23 to $2.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ecopetrol is 5.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Ecopetrol is 5.08, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.84.Price to Book Value per Share RatioEcopetrol has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsCentral Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.Find out how you can protect yourself now >>> 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.Read More EC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EC Stock News HeadlinesMarch 29, 2024 | ft.comTime for investors to turn up the heat on climate governanceMarch 28, 2024 | msn.comEC Stock Earnings: Ecopetrol Beats EPS, Beats Revenue for Q3 2023March 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 27, 2024 | prnewswire.comEcopetrol publishes financial information for the year 2023March 26, 2024 | msn.comEcopetrol shareholders OK new board members despite internal reportMarch 25, 2024 | prnewswire.comDistribution of Dividends corresponding to Fiscal Year 2023March 25, 2024 | prnewswire.comEcopetrol Reports on the Decisions Adopted at the Shareholders' Meeting on March 22, 2024.March 23, 2024 | yahoo.comEcopetrol Investors Ratify New Directors Assessed to Be UnfitMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 23, 2024 | americanbankingnews.comEcopetrol (NYSE:EC) PT Lowered to $10.30March 22, 2024 | msn.comEcopetrol wins court judgment in dispute with McDermottMarch 22, 2024 | finance.yahoo.comECOPETROL S.A. informs about the decision adopted by the Dutch Court on the restructuring process of CB&I N.V., a subsidiary of McDermott International Ltd.March 22, 2024 | prnewswire.comECOPETROL S.A. informs about the decision adopted by the Dutch Court on the restructuring process of CB&I N.V.March 21, 2024 | finance.yahoo.comUPDATE 1-Ecopetrol's Reficar wins court judgment in long-running dispute with McDermottMarch 21, 2024 | americanbankingnews.comJohn Wood Group (OTCMKTS:WDGJF) & Ecopetrol (NYSE:EC) Financial SurveyMarch 20, 2024 | prnewswire.comEcopetrol S.A. obtains authorization to execute a USD 1,200 million debt management transactionMarch 19, 2024 | investorplace.comSouth of the Border Sizzle: 3 Latin American Energy Stocks for Your Must-Buy ListMarch 18, 2024 | bloomberg.comPetro Lays Out Long-Shot Plan for Colombia Constitutional ReworkMarch 14, 2024 | ca.finance.yahoo.comRoyal Mint’s new dinosaur coin inspired by Natural History Museum’s DippyMarch 13, 2024 | bloomberg.comConsejo Ecopetrol califica a candidatos de Petro como no aptosMarch 12, 2024 | bloomberg.comColombia Names New Attorney General Amid Probes of Petro AlliesMarch 12, 2024 | seekingalpha.comParex Resources: Dirt-Cheap Oil Producer Amidst Political FearsMarch 11, 2024 | prnewswire.comEcopetrol announces nomination of candidate to its Board of DirectorsMarch 11, 2024 | prnewswire.comMinority shareholders nominate candidate to integrate Ecopetrol's Board of DirectorsMarch 11, 2024 | finance.yahoo.comU.S. 1st Latino Tech Payroll Startup Trez.co, Announces Advisory Board of Industry Giants and C-Suite Executives As It Opens Its Scaling Seed RoundMarch 11, 2024 | seekingalpha.comEcopetrol Pays Out 18% Yield With Successful Permian Play And Gas ExplorationMarch 8, 2024 | seekingalpha.comEcopetrol: Colombian Oil Producer Offers 14.7% Dividend On Stable Oil PricesSee More Headlines Receive EC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ecopetrol and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/02/2015Ex-Dividend for 12/29 Dividend12/19/2023Dividend Payable12/29/2023Today3/28/2024Ex-Dividend for 4/10 Dividend4/04/2024Dividend Payable4/10/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryN/A Current SymbolNYSE:EC CUSIPN/A CIK1444406 Webwww.ecopetrol.com.co Phone(571) 234-4000Fax571-234-4099Employees18,903Year Founded1948Price Target and Rating Average Stock Price Target$11.00 High Stock Price Target$12.50 Low Stock Price Target$8.50 Potential Upside/Downside-7.1%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.33 Trailing P/E Ratio5.08 Forward P/E Ratio5.31 P/E GrowthN/ANet Income$34.77 billion Net Margins14.58% Pretax Margin166.02% Return on Equity10.31% Return on Assets3.75% Debt Debt-to-Equity Ratio0.90 Current Ratio1.47 Quick Ratio1.24 Sales & Book Value Annual Sales$37.83 billion Price / SalesN/A Cash Flow$10.96 per share Price / Cash Flow1.08 Book Value$60.94 per share Price / Book0.19Miscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableOptionable Beta1.28 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Ricardo Roa BarraganChief Executive OfficerDr. 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 GarciaVice President of Science, Technology & InnovationMr. Rodolfo Mario García Paredes (Age 52)Vice President of Legal Ms. Luz Elena Diaz GarciaCorporate Vice President of ComplianceMarcela UlloaHead of Corporate CommunicationsMr. Felipe Trujillo LopezVice President of Commercial & MarketingMs. Victoria Irene Sepúlveda BallesterosCorporate Vice President of Human TalentTommaso Giuseppe MascarucciHead of Capital MarketsMore ExecutivesKey CompetitorsNew Concept EnergyNYSE:GBRPetróleo Brasileiro S.A. - PetrobrasNYSE:PBRVOC Energy TrustNYSE:VOCCosanNYSE:CSANHouston American EnergyNYSE:HUSAView All CompetitorsInstitutional OwnershipVanguard Group Inc.Sold 49,178 shares on 3/11/2024Ownership: 0.000%Fisher Asset Management LLCSold 81,240 shares on 3/5/2024Ownership: 0.000%Wellington Management Group LLPBought 39,871 shares on 3/5/2024Ownership: 0.000%Goldman Sachs Group Inc.Sold 173,936 shares on 3/1/2024Ownership: 0.011%GSA Capital Partners LLPBought 21,700 shares on 2/16/2024Ownership: 0.000%View All Institutional Transactions 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.A. recently obtained authorization for a significant USD 1,200 million debt management transaction, indicating a strong financial strategy and potential for growth. The company operates in multiple segments including Exploration and Production, Transport and Logistics, Refining, Petrochemical and Biofuels, and Electric Power Transmission, providing diversified revenue streams and reducing risk exposure. Ecopetrol S.A. has a wide geographical presence across various continents, offering geographic diversification benefits to investors. The company's focus on innovation and technology, including information technology and telecommunications services, enhances operational efficiency and competitiveness in the industry. With approximately 9,127 kilometers of crude oil and multi-purpose pipelines, Ecopetrol S.A. has a robust infrastructure that supports its operations and facilitates efficient transportation of resources. Cons Investors should be bearish about investing in Ecopetrol S.A. for these reasons: The crude petroleum and natural gas industry, in which Ecopetrol S.A. operates, is subject to price volatility influenced by global economic conditions and geopolitical factors, posing risks to the company's financial performance. 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 Monday, March 25, 2024. Please send any questions or comments about these Ecopetrol pros and cons to contact@marketbeat.com. EC Stock Analysis - Frequently Asked Questions Should I buy or sell Ecopetrol stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ecopetrol in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "reduce" EC shares. View EC analyst ratings or view top-rated stocks. What is Ecopetrol's stock price target for 2024? 6 brokerages have issued 1-year price objectives for Ecopetrol's shares. Their EC share price targets range from $8.50 to $12.50. On average, they expect the company's share price to reach $11.00 in the next year. This suggests that the stock has a possible downside of 7.1%. View analysts price targets for EC or view top-rated stocks among Wall Street analysts. How have EC shares performed in 2024? Ecopetrol's stock was trading at $11.92 at the beginning of 2024. Since then, EC shares have decreased by 0.7% and is now trading at $11.84. View the best growth stocks for 2024 here. Are investors shorting Ecopetrol? Ecopetrol saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 8,150,000 shares, a drop of 13.5% from the February 29th total of 9,420,000 shares. Based on an average trading volume of 1,860,000 shares, the days-to-cover ratio is presently 4.4 days. Currently, 0.4% of the shares of the company are short sold. View Ecopetrol's Short Interest. How were Ecopetrol's earnings last quarter? Ecopetrol S.A. (NYSE:EC) released its quarterly earnings results on Monday, March, 2nd. The oil and gas company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by $0.33. The oil and gas company earned $5.12 billion during the quarter, compared to analyst estimates of $6.65 billion. Ecopetrol had a trailing twelve-month return on equity of 10.31% and a net margin of 14.58%. How often does Ecopetrol pay dividends? What is the dividend yield for Ecopetrol? Ecopetrol announced a -- dividend on Thursday, March 28th. Shareholders of record on Tuesday, June 25th will be given a dividend of $0.7999 per share on Wednesday, July 3rd. This represents a dividend yield of 19.5%. The ex-dividend date is Tuesday, June 25th. Read our dividend analysis for EC. Is Ecopetrol a good dividend stock? Ecopetrol (NYSE:EC) pays an annual dividend of $2.48 per share and currently has a dividend yield of 22.55%. EC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 106.44%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EC will have a dividend payout ratio of 105.98% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for EC. What ETFs hold Ecopetrol's stock? ETFs with the largest weight of Ecopetrol (NYSE:EC) stock in their portfolio include First Trust Indxx Global Natural Resources Income ETF (FTRI), Amplify Natural Resources Dividend Income ETF (NDIV), ALPS Emerging Sector Dividend Dogs ETF (EDOG), Amplify International Enhanced Dividend Income ETF (IDVO), Donoghue Forlines Yield Enhanced Real Asset ETF (DFRA) and Invesco Zacks Multi-Asset Income ETF (CVY).iShares Latin America 40 ETF (ILF). What other stocks do shareholders of Ecopetrol own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ecopetrol investors own include Energy Transfer (ET), NVIDIA (NVDA), General Electric (GE), Gladstone Land (LAND), Halliburton (HAL), Martin Midstream Partners (MMLP), Micron Technology (MU), Pfizer (PFE), PayPal (PYPL) and Bank of America (BAC). Who are Ecopetrol's major shareholders? Ecopetrol's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (0.15%), Vanguard Group Inc. (0.00%), SPX Gestao de Recursos Ltda (0.00%), Crossmark Global Holdings Inc. (0.00%), Fisher Asset Management LLC (0.00%) and Fisher Asset Management LLC (0.00%). 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. This page (NYSE:EC) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ecopetrol S.A. Please log in to your account or sign up in order to add this asset to your watchlist. 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