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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Has the Fed lost control of the banking system? (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
AI medical stock landing MASSIVE contracts (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
AI medical stock landing MASSIVE contracts (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Has the Fed lost control of the banking system? (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
AI medical stock landing MASSIVE contracts (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
AI medical stock landing MASSIVE contracts (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
Has the Fed lost control of the banking system? (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
AI medical stock landing MASSIVE contracts (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
AI medical stock landing MASSIVE contracts (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
NYSE:EC

Ecopetrol (EC) Stock Price, News & Analysis

$11.94
+0.03 (+0.25%)
(As of 02/22/2024 ET)
Today's Range
$11.79
$12.00
50-Day Range
$11.60
$12.91
52-Week Range
$8.59
$13.14
Volume
2.15 million shs
Average Volume
1.71 million shs
Market Capitalization
N/A
P/E Ratio
5.12
Dividend Yield
20.78%
Price Target
$12.22

Ecopetrol MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.80 Rating Score
Upside/​Downside
2.4% Upside
$12.22 Price Target
Short Interest
Healthy
0.52% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.04mentions of Ecopetrol in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
0.78%
From $2.58 to $2.60 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.

1.14 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

Analysts Set Ecopetrol S.A. (NYSE:EC) Price Target at $12.28
Ecopetrol Fails to Confirm Offshore Gas Potential in Orca
AI Stock Caught Trading Under Secret Name
We have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion.  The company holds over 29,000 patents in the U.S. It pays an enormous dividend.
Ecopetrol (EC) Scheduled to Post Quarterly Earnings on Thursday
The Biggest Oil Producers in Latin America
AI Stock Caught Trading Under Secret Name
We have uncovered perhaps the most unusual AI stock we've ever seen.It's expected to see massive revenue this year - $215 billion.  The company holds over 29,000 patents in the U.S. It pays an enormous dividend.
EC Mar 2024 12.500 put
Call for General Shareholders' Meeting
Ecopetrol: Still My Top Pick For Oil Stock
Ecopetrol announces changes in senior management
See More 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
2/23/2024
Next Earnings (Confirmed)
2/29/2024
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
$12.22
High Stock Price Target
$13.90
Low Stock Price Target
$11.20
Potential Upside/Downside
+2.4%
Consensus Rating
Reduce
Rating Score (0-4)
1.80
Research Coverage
5 Analysts

Profitability

Net Income
$34.77 billion
Pretax Margin
166.02%

Debt

Sales & Book Value

Annual Sales
$37.83 billion
Cash Flow
$10.38 per share
Book Value
$60.94 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
1.31

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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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Ecopetrol was last updated on Monday, February 19, 2024 at 9:01 PM.

Pros

Here are some ways that investors could benefit from investing in Ecopetrol S.A.:

  • Recent collaboration with Parex Resources Inc. in the Arauca 8 well project, indicating potential for growth and diversification.
  • Strong presence in various regions globally, providing geographical diversification and exposure to different markets.
  • Diversified business segments including exploration, production, refining, and electric power transmission, reducing dependency on a single revenue stream.
  • Investments in infrastructure projects like road and energy infrastructure, which can lead to long-term sustainable growth.
  • Current stock price is showing stability and potential for appreciation, making it an attractive investment opportunity.

Cons

Investors should be bearish about investing in Ecopetrol S.A. for these reasons:

  • Volatility in the crude petroleum and natural gas industry can impact the company's profitability and stock performance.
  • Dependency on oil prices, which are subject to market fluctuations and geopolitical factors, leading to potential revenue uncertainties.
  • Regulatory changes in the energy sector could affect operations and profitability, creating additional risks for investors.
  • Environmental concerns related to oil and gas exploration and production may lead to increased scrutiny and potential costs for compliance.
  • Competitive landscape in the energy industry with other major players can pose challenges for market share and pricing power.














EC Stock Analysis - Frequently Asked Questions

Should I buy or sell Ecopetrol stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ecopetrol in the last twelve months. There are currently 1 sell rating 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?

5 Wall Street research analysts have issued twelve-month price targets for Ecopetrol's stock. Their EC share price targets range from $11.20 to $13.90. On average, they predict the company's share price to reach $12.22 in the next year. This suggests a possible upside of 2.4% from the stock's current price.
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 increased by 0.1% and is now trading at $11.9350.
View the best growth stocks for 2024 here
.

Are investors shorting Ecopetrol?

Ecopetrol saw a drop in short interest in the month of January. As of January 31st, there was short interest totaling 10,670,000 shares, a drop of 9.2% from the January 15th total of 11,750,000 shares. Based on an average trading volume of 2,070,000 shares, the days-to-cover ratio is currently 5.2 days. Approximately 0.5% of the company's stock are short sold.
View Ecopetrol's Short Interest
.

When is Ecopetrol's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 29th 2024.
View our EC earnings forecast
.

How can I listen to Ecopetrol's earnings call?

Ecopetrol will be holding an earnings conference call on Friday, March 1st at 9:00 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 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 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 declared a -- dividend on Wednesday, March 8th. Investors of record on Wednesday, December 20th will be paid a dividend of $0.1479 per share on Friday, December 29th. This represents a yield of 20.4%. The ex-dividend date of this dividend is Tuesday, December 19th.
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 21.31%. 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 95.38% 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 variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (0.15%), SPX Gestao de Recursos Ltda (0.00%), Crossmark Global Holdings Inc. (0.00%), Fisher Asset Management LLC (0.00%), First Trust Advisors LP (0.00%) and Allspring Global Investments Holdings 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 2/23/2024 by MarketBeat.com Staff