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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
Foot Locker Builds Up Another Head of Steam; Gains Imminent
NYSE:EC

Ecopetrol (EC) Stock Price, News & Analysis

$11.84
+0.51 (+4.50%)
(As of 03/28/2024 ET)
Today's Range
$11.44
$11.88
50-Day Range
$10.52
$12.29
52-Week Range
$8.59
$13.14
Volume
3.99 million shs
Average Volume
1.89 million shs
Market Capitalization
N/A
P/E Ratio
5.08
Dividend Yield
20.95%
Price Target
$11.00

Ecopetrol MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
7.1% Downside
$11.00 Price Target
Short Interest
Healthy
0.40% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.27mentions of Ecopetrol in the last 14 days
Based on 14 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
4.93%
From $2.23 to $2.34 Per Share

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

EC stock logo

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.

EC Stock Price History

EC Stock News Headlines

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Company Calendar

Last Earnings
3/02/2015
Ex-Dividend for 12/29 Dividend
12/19/2023
Dividend Payable
12/29/2023
Today
3/28/2024
Ex-Dividend for 4/10 Dividend
4/04/2024
Dividend Payable
4/10/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
18,903
Year Founded
1948

Price 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 Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
6 Analysts

Profitability

Net Income
$34.77 billion
Pretax Margin
166.02%

Debt

Sales & Book Value

Annual Sales
$37.83 billion
Cash Flow
$10.96 per share
Book Value
$60.94 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
1.28

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Key Executives

  • Mr. Ricardo Roa Barragan
    Chief Executive Officer
  • Dr. 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 Garcia
    Vice President of Science, Technology & Innovation
  • Mr. Rodolfo Mario García Paredes (Age 52)
    Vice President of Legal
  • Ms. Luz Elena Diaz Garcia
    Corporate Vice President of Compliance
  • Marcela Ulloa
    Head of Corporate Communications
  • Mr. Felipe Trujillo Lopez
    Vice President of Commercial & Marketing
  • Ms. Victoria Irene Sepúlveda Ballesteros
    Corporate Vice President of Human Talent
  • Tommaso Giuseppe Mascarucci
    Head of Capital Markets

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 equities research analysts have issued "buy," "hold," and "sell" ratings for Ecopetrol in the last twelve months. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street equities 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 twelve-month target prices for Ecopetrol's stock. Their EC share price targets range from $8.50 to $12.50. On average, they anticipate the company's stock 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 on January 1st, 2024. Since then, EC stock has 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 decline in short interest in March. As of March 15th, there was short interest totaling 8,150,000 shares, a decline of 13.5% from the February 29th total of 9,420,000 shares. Based on an average daily trading volume, of 1,860,000 shares, the days-to-cover ratio is presently 4.4 days. Currently, 0.4% of the company's shares are short sold.
View Ecopetrol's Short Interest
.

How were Ecopetrol's earnings last quarter?

Ecopetrol S.A. (NYSE:EC) announced its quarterly earnings results on Monday, March, 2nd. The oil and gas company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by $0.33. The oil and gas company had revenue of $5.12 billion for the quarter, compared to analysts' expectations 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. Investors of record on Tuesday, June 25th will be paid 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 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 investors 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

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