NYSE:EC Ecopetrol (EC) Stock Price, News & Analysis → The new financial threat that could wipe out millions… (From InvestorPlace) (Ad) Free EC Stock Alerts $11.65 +0.04 (+0.34%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$11.58▼$11.7850-Day Range$10.52▼$12.8952-Week Range$8.88▼$13.14Volume1.36 million shsAverage Volume1.93 million shsMarket Capitalization$23.95 billionP/E Ratio4.89Dividend Yield18.28%Price Target$11.27 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/Downside3.3% Downside$11.27 Price TargetShort InterestBearish0.49% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.40Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth2.76%From $2.54 to $2.61 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.1.13 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.Amount of Analyst CoverageEcopetrol has only been the subject of 3 research reports in the past 90 days.Read more about Ecopetrol's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.49% of the float of Ecopetrol has been sold short.Short Interest Ratio / Days to CoverEcopetrol has a short interest ratio ("days to cover") of 5.Change versus previous monthShort interest in Ecopetrol has recently increased by 10.96%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEcopetrol is a leading dividend payer. It pays a dividend yield of 19.02%, 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 89.50%. 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 81.61% in the coming year. This indicates that Ecopetrol may not be able to sustain their current dividend.Read more about Ecopetrol's 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 2.4 News and Social Media Coverage News SentimentEcopetrol has a news sentiment score of 0.40. 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 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Ecopetrol this week, compared to 4 articles on an average week.Search Interest35 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 FollowsOnly 16 people have added Ecopetrol to their MarketBeat watchlist in the last 30 days. This is a decrease of -6% 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.Read more about Ecopetrol's insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Ecopetrol are expected to grow by 2.76% in the coming year, from $2.54 to $2.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ecopetrol is 4.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.63.Price to Earnings Ratio vs. SectorThe P/E ratio of Ecopetrol is 4.89, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.33.Price to Book Value per Share RatioEcopetrol has a P/B Ratio of 0.20. 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 InvestorPlaceThe new financial threat that could wipe out millions…During the Internet boom, companies like Pets.com were supposed to be promising investments riding the wave of a new tech boom. But then they were gone within a blink of an eye. One of the most successful investors in history just stepped forward to say the same thing is about to happen to AI stocks.Pay close attention to this important video 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 HeadlinesMay 8, 2024 | uk.finance.yahoo.comUPDATE 1-Colombia's Ecopetrol posts 29% fall in Q1 profit, hikes production outlookMay 8, 2024 | finanznachrichten.deEcopetrol S.A.: Ecopetrol announced today the financial results of the Ecopetrol Group for the first quarter of 2024May 8, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 7, 2024 | markets.businessinsider.comHere's what Wall Street expects from Ecopetrol SA's earningsMay 7, 2024 | finance.yahoo.comColombia's Ecopetrol posts 29% fall in first-quarter profitMay 7, 2024 | reuters.comColombia's Ecopetrol posts 29% fall in Q1 profit, hikes production outlookMay 7, 2024 | prnewswire.comEcopetrol announced today the financial results of the Ecopetrol Group for the first quarter of 2024May 6, 2024 | msn.comEcopetrol exploring participation in Colombia offshore wind auction - ReutersMay 8, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 6, 2024 | markets.businessinsider.comEcopetrol is about to announce its earnings — here's what Wall Street expectsMay 6, 2024 | finance.yahoo.comExclusive-Colombia's Ecopetrol exploring participation in offshore wind auctionMay 5, 2024 | americanbankingnews.comEcopetrol (EC) Scheduled to Post Earnings on TuesdayMay 5, 2024 | americanbankingnews.comEcopetrol S.A. (NYSE:EC) Given Average Recommendation of "Reduce" by BrokeragesApril 29, 2024 | finance.yahoo.comMeasures by Colombia stock exchange may allow it to stay in JPMorgan index -presidentApril 28, 2024 | msn.comAirbus A380 To Barcelona: Asiana Airlines Schedules Superjumbo To SpainApril 27, 2024 | seekingalpha.comClearBridge Canadian Dividend Plus Strategy Q1 2024 CommentaryApril 27, 2024 | prnewswire.comEcopetrol announces senior management changesApril 25, 2024 | prnewswire.comEcopetrol announces the dates for the publication of its first quarter 2024 report and conference callApril 19, 2024 | seekingalpha.comEcopetrol: Attractive Dividends Plus Upside Potential, Rating UnchangedApril 18, 2024 | prnewswire.comEcopetrol files its 20-F Annual Report before the Securities and Exchange CommissionApril 18, 2024 | prnewswire.comEcopetrol Publishes Periodic Year-End Report for 2023April 10, 2024 | bloomberg.comColombia’s Petro Seeks Deal to Let Ecopetrol Produce Venezuelan Oil and GasApril 10, 2024 | finance.yahoo.comColombia’s Petro Seeks Deal to Let Ecopetrol Produce Venezuelan Oil and GasApril 5, 2024 | prnewswire.comEcopetrol Announces Senior Management ChangesApril 5, 2024 | prnewswire.comEcopetrol S.A.'s Board of Directors AnnouncementApril 4, 2024 | bloomberg.comColombia aumentará competencia en costoso mercado pensionalApril 4, 2024 | oilprice.comEcopetrol, Guerillas and Death Squads: The War for Colombia’s OilSee 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 Ex-Dividend for 4/10 Dividend4/04/2024Dividend Payable4/10/2024Last Earnings4/18/2024Today5/08/2024Ex-Dividend for 7/3 Dividend6/25/2024Dividend Payable7/03/2024Fiscal 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) 234-4000Fax571-234-4099Employees19,657Year Founded1948Price Target and Rating Average Stock Price Target$11.27 High Stock Price Target$12.50 Low Stock Price Target$8.50 Potential Upside/Downside-3.3%Consensus RatingReduce Rating Score (0-4)1.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.38 Trailing P/E Ratio4.89 Forward P/E Ratio4.59 P/E GrowthN/ANet Income$25.27 billion Net Margins14.77% Pretax Margin25.77% Return on Equity10.84% Return on Assets3.82% Debt Debt-to-Equity Ratio0.90 Current Ratio1.58 Quick Ratio1.34 Sales & Book Value Annual Sales$143.19 trillion Price / Sales0.00 Cash Flow$10.50 per share Price / Cash Flow1.11 Book Value$58.52 per share Price / Book0.20Miscellaneous Outstanding Shares2,055,840,000Free FloatN/AMarket Cap$23.95 billion OptionableOptionable Beta1.27 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.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 TalentCarolina Tovar AragonHead of Capital MarketsMore ExecutivesKey CompetitorsNew Concept EnergyNYSE:GBRPetróleo Brasileiro S.A. - PetrobrasNYSE:PBRVOC Energy TrustNYSE:VOCWoodside Energy GroupNYSE:WDSBraskemNYSE:BAKView All CompetitorsInstitutional OwnershipCapital Wealth Planning LLCBought 88,710 shares on 5/7/2024Ownership: 0.000%Stokes Family Office LLCBought 10,000 shares on 5/7/2024Ownership: 0.000%Quantbot Technologies LPBought 29,651 shares on 5/6/2024Ownership: 0.000%BNP Paribas Financial MarketsSold 15,368 shares on 5/1/2024Ownership: 0.000%Private Advisor Group LLCBought 4,996 shares on 5/1/2024Ownership: 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. is the largest company in Colombia and one of the main integrated energy companies in the American continent, providing a strong market presence. Recent financial statements for the year 2023 have been published, offering transparency and insights into the company's performance. Ecopetrol operates through various segments, including Exploration and Production, Transport and Logistics, Refining, Petrochemical and Biofuels, and Electric Power Transmission, diversifying its revenue streams. The company has a significant workforce of over 18,000 employees, indicating stability and capacity for operations. With operations in multiple regions globally, Ecopetrol has a diversified geographical footprint, reducing exposure to regional risks. Cons Investors should be bearish about investing in Ecopetrol S.A. for these reasons: Oil and gas companies like Ecopetrol are subject to fluctuations in commodity prices, impacting revenue and profitability. The energy sector is highly regulated, and changes in regulations or policies can affect Ecopetrol's operations and financial performance. Environmental concerns and shifts towards renewable energy sources may pose long-term challenges for traditional energy companies like Ecopetrol. Global economic conditions and geopolitical events can influence the demand for oil and gas products, affecting Ecopetrol's market position. Investors should consider the current stock price of Ecopetrol and evaluate its valuation metrics before making investment decisions. 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 Friday, April 12, 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 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 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 equities research analysts 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 predict the company's stock price to reach $11.27 in the next twelve months. This suggests that the stock has a possible downside of 3.3%. 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 stock has decreased by 2.3% and is now trading at $11.65. View the best growth stocks for 2024 here. Are investors shorting Ecopetrol? Ecopetrol saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 9,030,000 shares, an increase of 10.8% from the March 15th total of 8,150,000 shares. Based on an average daily volume of 1,990,000 shares, the short-interest ratio is presently 4.5 days. Approximately 0.4% of the shares of the stock are short sold. View Ecopetrol's Short Interest. How can I listen to Ecopetrol's earnings call? Ecopetrol will be holding an earnings conference call on Wednesday, May 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Ecopetrol's earnings last quarter? Ecopetrol S.A. (NYSE:EC) posted its quarterly earnings data on Thursday, April, 18th. The oil and gas company reported $0.74 earnings per share (EPS) for the quarter. The oil and gas company had revenue of $8.59 billion for the quarter. Ecopetrol had a net margin of 14.77% and a trailing twelve-month return on equity of 10.84%. How often does Ecopetrol pay dividends? What is the dividend yield for Ecopetrol? Ecopetrol declared a -- dividend on Tuesday, March 26th. 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 $2.13 per share and currently has a dividend yield of 19.02%. EC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 89.50%. 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 81.61% 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 International Enhanced Dividend Income ETF (IDVO) and Virtus Real Asset Income ETF (VRAI).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 Capital Wealth Planning LLC (0.00%), Stokes Family Office LLC (0.00%), Quantbot Technologies LP (0.00%), SeaCrest Wealth Management LLC (0.00%), BNP Paribas Financial Markets (0.00%) and Private Advisor Group 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 5/8/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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