NYSE:EC

Ecopetrol (EC) Stock Price, News & Analysis

$11.64
-0.11 (-0.94%)
(As of 04:10 PM ET)
Today's Range
$11.63
$11.91
50-Day Range
$10.52
$12.89
52-Week Range
$8.90
$13.14
Volume
1.38 million shs
Average Volume
1.92 million shs
Market Capitalization
$23.93 billion
P/E Ratio
4.89
Dividend Yield
18.30%
Price Target
$11.27

Ecopetrol MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.67 Rating Score
Upside/​Downside
3.6% Downside
$11.27 Price Target
Short Interest
Healthy
0.48% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.24mentions of Ecopetrol in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.76%
From $2.54 to $2.61 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.

1.69 out of 5 stars

Oils/Energy Sector

210th out of 240 stocks

Crude Petroleum & Natural Gas Industry

68th out of 77 stocks

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

The Crypto 9-5 Escape Plan
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
The Crypto 9-5 Escape Plan
A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.
Here's what Wall Street expects from Ecopetrol SA's earnings
Ecopetrol (EC) Scheduled to Post Earnings on Tuesday
Ecopetrol announces senior management changes
See 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.

Company Calendar

Ex-Dividend for 4/10 Dividend
4/04/2024
Dividend Payable
4/10/2024
Last Earnings
4/18/2024
Today
5/10/2024
Ex-Dividend for 7/3 Dividend
6/25/2024
Dividend Payable
7/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
19,657
Year Founded
1948

Price Target and Rating

Average Stock Price Target
$11.27
High Stock Price Target
$12.50
Low Stock Price Target
$8.50
Potential Upside/Downside
-4.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.67
Research Coverage
6 Analysts

Profitability

Net Income
$25.27 billion
Pretax Margin
25.77%

Debt

Sales & Book Value

Annual Sales
$143.19 trillion
Cash Flow
$10.57 per share
Book Value
$58.52 per share

Miscellaneous

Outstanding Shares
2,055,840,000
Free Float
N/A
Market Cap
$24.13 billion
Optionable
Optionable
Beta
1.27

Social Links

Beginner's Guide to Pot Stock Investing Cover

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

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
  • Carolina Tovar Aragon
    Head of Capital Markets

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 Wall Street research analysts have issued 12 month price objectives for Ecopetrol's stock. Their EC share price targets range from $8.50 to $12.50. On average, they predict the company's share price to reach $11.27 in the next year. This suggests that the stock has a possible downside of 3.6%.
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 start of the year. Since then, EC stock has decreased by 1.9% and is now trading at $11.69.
View the best growth stocks for 2024 here
.

Are investors shorting Ecopetrol?

Ecopetrol saw a increase in short interest in 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 trading volume, of 1,990,000 shares, the short-interest ratio is currently 4.5 days. Currently, 0.4% of the shares of the stock are short sold.
View Ecopetrol's Short Interest
.

How were Ecopetrol's earnings last quarter?

Ecopetrol S.A. (NYSE:EC) released its earnings results on Thursday, April, 18th. The oil and gas company reported $0.74 earnings per share for the quarter. The oil and gas company had revenue of $8.59 billion for the quarter. Ecopetrol had a trailing twelve-month return on equity of 10.84% and a net margin of 14.77%.

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 given a dividend of $0.7999 per share on Wednesday, July 3rd. This represents a dividend yield of 19.5%. The ex-dividend date of this dividend 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?
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 many different retail and institutional investors. Top institutional investors include Capital Wealth Planning LLC (0.00%), Anthracite Investment Company Inc. (0.01%), Stokes Family Office LLC (0.00%), Henry James International Management Inc. (0.00%), Quantbot Technologies LP (0.00%) and SeaCrest Wealth 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 5/10/2024 by MarketBeat.com Staff

From Our Partners