Ecopetrol Stock Price, News & Analysis (NYSE:EC) $12.55 -0.02 (-0.16%) (As of 09:01 AM ET) Add Compare Share Share Today's Range$12.55▼$12.5550-Day Range$10.72▼$12.8752-Week Range$8.59▼$13.08Volume15,631 shsAverage Volume2.02 million shsMarket Capitalization$25.80 billionP/E Ratio5.39Dividend Yield19.04%Price Target$12.35 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Ecopetrol MarketRank™ Stock AnalysisAnalyst RatingReduce1.83 Rating ScoreUpside/Downside1.7% Downside$12.35 Price TargetShort InterestHealthy0.43% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.30Based on 7 Articles This WeekInsider TradingN/AProj. Earnings Growth3.88%From $2.32 to $2.41 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.71 out of 5 starsOils/Energy Sector171st out of 210 stocksCrude Petroleum & Natural Gas Industry58th out of 63 stocks 0.9 Analyst's Opinion Consensus RatingEcopetrol has received a consensus rating of Reduce. The company's average rating score is 1.83, and is based on no buy ratings, 5 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.35, Ecopetrol has a forecasted downside of 1.7% from its current price of $12.57.Amount of Analyst CoverageEcopetrol has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.43% 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.Change versus previous monthShort interest in Ecopetrol has recently decreased by 4.48%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend LeadershipEcopetrol is a leading dividend payer. It pays a dividend yield of 18.64%, 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 102.58%. 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 99.17% 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 0.30. 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 0.44 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Ecopetrol this week, compared to 3 articles on an average week.Search Interest21 people have searched for EC on MarketBeat in the last 30 days. This is an increase of 163% compared to the previous 30 days.MarketBeat Follows17 people have added Ecopetrol to their MarketBeat watchlist in the last 30 days. This is an increase of 325% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ecopetrol insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 1.29% of the stock of Ecopetrol is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Ecopetrol are expected to grow by 3.88% in the coming year, from $2.32 to $2.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ecopetrol is 5.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Ecopetrol is 5.39, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.50.Price to Book Value per Share RatioEcopetrol has a P/B Ratio of 0.21. 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 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 HeadlinesDecember 6, 2023 | americanbankingnews.comFinancial Analysis: Himalaya Technologies (OTCMKTS:HMLA) & Ecopetrol (NYSE:EC)December 1, 2023 | reuters.comColombia's Ecopetrol to invest up to $6.7 billion in 2024December 6, 2023 | Edge On The Street (Ad)Henry Ford Would NEVER Have Seen This ComingIn 1908, Henry Ford used a metal called vanadium in his Model T cars. Over a century later, automakers still turn to vanadium to make car bodies lighter and stronger. Today, this under-appreciated metal plays the starring role in cutting-edge battery tech set to revolutionize the energy storage market.December 1, 2023 | msn.comColombia's Ecopetrol Announces Major Investment Plans For 2024: DetailsDecember 1, 2023 | msn.comEcopetrol to spend up to $6.7B, produce 730K boe/day in 2024December 1, 2023 | reuters.comColombia's Ecopetrol to invest up to $6.7 bln in 2024November 29, 2023 | finance.yahoo.comFast-paced Momentum Stock Ecopetrol (EC) Is Still Trading at a BargainNovember 27, 2023 | americanbankingnews.comEcopetrol S.A. (NYSE:EC) Given Consensus Rating of "Reduce" by BrokeragesDecember 6, 2023 | Edge On The Street (Ad)Henry Ford Would NEVER Have Seen This ComingIn 1908, Henry Ford used a metal called vanadium in his Model T cars. Over a century later, automakers still turn to vanadium to make car bodies lighter and stronger. Today, this under-appreciated metal plays the starring role in cutting-edge battery tech set to revolutionize the energy storage market.November 23, 2023 | msn.comUPDATE 3-Colombia's Ecopetrol examining gas imports from VenezuelaNovember 23, 2023 | finance.yahoo.comEcopetrol announces new Senior Management appointmentsNovember 22, 2023 | finance.yahoo.com3 Energy Stocks Up More Than 10% YTD With More Room to RunNovember 21, 2023 | bloomberg.comEcopetrol analiza importar gas desde Venezuela a partir de 2024November 21, 2023 | reuters.comColombia's Ecopetrol examining gas imports from Venezuela -statementNovember 21, 2023 | finance.yahoo.comEcopetrol Analyzing Gas Imports from Venezuela in 2024November 20, 2023 | finance.yahoo.comOil Prices on the Rise: 3 Top Ranked Energy Stocks Breaking Out NowNovember 20, 2023 | benzinga.comP/E Ratio Insights for EcopetrolNovember 19, 2023 | seekingalpha.comPetrobras: An Update On The Brazilian Oil GiantNovember 17, 2023 | finance.yahoo.comEcopetrol Jumps After Colombian Court Strikes Down Royalty TaxNovember 13, 2023 | msn.comBest Income Stocks to Buy for November 13thNovember 9, 2023 | markets.businessinsider.comEcopetrol's third quarter 2023 resultsNovember 9, 2023 | finance.yahoo.comEcopetrol S.A. (NYSE:EC) Q3 2023 Earnings Call TranscriptNovember 9, 2023 | finance.yahoo.comEcopetrol refers to the information disclosed today, November 8, 2023, by a news website about a General Shareholders' Meeting of Ecopetrol S.A.November 8, 2023 | seekingalpha.comEcopetrol S.A. 2023 Q3 - Results - Earnings Call PresentationNovember 8, 2023 | reuters.comColombia's Ecopetrol sees production closing 2023 at up to 731 kboedNovember 8, 2023 | msn.comUPDATE 2-Colombia's Ecopetrol posts slump in Q3 net profits as oil production growsNovember 7, 2023 | msn.comEcopetrol reports Q3 resultsSee 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 10/5 Dividend9/26/2023Dividend Payable10/05/2023Today12/06/2023Ex-Dividend for 12/29 Dividend12/19/2023Dividend Payable12/29/2023Fiscal Year End12/31/2023Next Earnings (Estimated)4/03/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryN/A SectorOils/Energy 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$12.35 High Stock Price Target$13.90 Low Stock Price Target$11.20 Potential Upside/Downside-1.7%Consensus RatingReduce Rating Score (0-4)1.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.33 Trailing P/E Ratio5.39 Forward P/E Ratio5.42 P/E GrowthN/ANet Income$34.77 billion Net Margins14.58% Pretax Margin162.36% Return on Equity8.68% Return on Assets3.16% Debt Debt-to-Equity Ratio0.90 Current Ratio1.21 Quick Ratio1.21 Sales & Book Value Annual Sales$37.83 billion Price / Sales0.68 Cash Flow$9.97 per share Price / Cash Flow1.26 Book Value$60.94 per share Price / Book0.21Miscellaneous Outstanding Shares2,055,830,000Free Float2,055,835,000Market Cap$25.83 billion OptionableOptionable Beta1.38 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Ricardo Roa BarraganChief Executive OfficerDr. Ana Milena López Rocha (Age 42)Corporate Vice President of Finance & Sustainable Value Mr. Alberto Consuegra Granger (Age 63)COO & Executive VP of Operations Mr. Luis Felipe Rivera GarciaVice President of Science, Technology & InnovationMr. Fernán Ignacio Bejarano Arias (Age 67)Vice-President of Legal Affairs & General Counsel Ms. Luz Elena Diaz GarciaCorporate Vice President of ComplianceMarcela UlloaHead of Corporate CommunicationsMr. Pedro Fernando Manrique Gutierrez (Age 58)Vice President of Commercial & Marketing Mr. Alejandro Arango Lopez (Age 63)Corporate Vice President of Human Talent Tommaso Giuseppe MascarucciHead of Capital MarketsMore ExecutivesKey CompetitorsDiamondback EnergyNASDAQ:FANGDevon EnergyNYSE:DVNCenovus EnergyNYSE:CVEEQTNYSE:EQTOvintivNYSE:OVVView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Bought 18,034 shares on 11/30/2023Ownership: 0.011%Walleye Trading LLCBought 137,200 shares on 11/21/2023Ownership: 0.000%Invst LLCSold 9,955 shares on 11/21/2023Ownership: 0.003%Penserra Capital Management LLCBought 27,559 shares on 11/16/2023Ownership: 0.003%Wolverine Trading LLCSold 12,300 shares on 11/16/2023Ownership: 0.000%View All Institutional Transactions 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 Tuesday, November 28, 2023 at 1:30 PM. Pros Here are some ways that investors could benefit from investing in Ecopetrol S.A.: Ecopetrol operates as an integrated energy company, engaging in exploration and production of oil and gas, transportation of crude oil and refined products, refining crude oil, and distribution of natural gas and LPG. This diversification across multiple segments of the energy industry can provide stability and potential for growth. Ecopetrol has a strong presence in Colombia, the United States, Asia, Central America and the Caribbean, Europe, and South America. This global presence allows the company to access diverse markets and potentially capitalize on international growth opportunities. The company has a significant infrastructure network, including approximately 9,127 kilometers of crude oil and multi-purpose pipelines. This infrastructure provides a competitive advantage in terms of transportation and logistics, allowing for efficient distribution of products. Ecopetrol has a market capitalization of $26.21 billion, indicating its size and stability as a company. This can be attractive to investors looking for established companies with a solid financial foundation. The stock price of Ecopetrol has shown positive performance, with a twelve month high of $13.08. This indicates potential for capital appreciation and may be appealing to investors seeking growth opportunities. Cons Investors should be bearish about investing in Ecopetrol S.A. for these reasons: The oil and gas industry is subject to volatility and fluctuations in commodity prices. Changes in oil prices can impact the profitability of Ecopetrol's operations and may result in financial challenges. Ecopetrol operates in a highly regulated industry, with government policies and regulations influencing its operations. Changes in regulations or political instability in the regions where the company operates can pose risks and uncertainties. The company has a debt-to-equity ratio of 0.90, indicating a significant level of debt. High levels of debt can increase financial risk and limit the company's flexibility in pursuing growth opportunities or managing economic downturns. Ecopetrol faces competition from other energy companies operating in the same markets. Competitive pressures can impact the company's market share, pricing power, and profitability. Investors should carefully consider the potential impact of environmental and sustainability factors on Ecopetrol's operations. Increasing focus on renewable energy and environmental regulations may pose challenges for the company's long-term sustainability. 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 twelve months. There are currently 1 sell rating and 5 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 Wall Street analysts have issued 1-year price targets for Ecopetrol's stock. Their EC share price targets range from $11.20 to $13.90. On average, they expect the company's stock price to reach $12.35 in the next twelve months. This suggests that the stock has a possible downside of 1.7%. View analysts price targets for EC or view top-rated stocks among Wall Street analysts. How have EC shares performed in 2023? Ecopetrol's stock was trading at $10.47 at the start of the year. Since then, EC stock has increased by 20.0% and is now trading at $12.5650. View the best growth stocks for 2023 here. Are investors shorting Ecopetrol? Ecopetrol saw a decrease in short interest in the month of October. As of October 31st, there was short interest totaling 9,380,000 shares, a decrease of 6.8% from the October 15th total of 10,060,000 shares. Based on an average trading volume of 2,160,000 shares, the days-to-cover ratio is currently 4.3 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 Wednesday, April 3rd 2024. View our EC earnings forecast. 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 had revenue of $5.12 billion for the quarter, compared to the consensus estimate of $6.65 billion. Ecopetrol had a net margin of 14.58% and a trailing twelve-month return on equity of 8.68%. How often does Ecopetrol pay dividends? What is the dividend yield for Ecopetrol? Ecopetrol declared a -- dividend on Wednesday, March 8th. Shareholders 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 is Tuesday, December 19th. Read our dividend analysis for EC. Is Ecopetrol a good dividend stock? Ecopetrol (NYSE:EC) pays an annual dividend of $2.39 per share and currently has a dividend yield of 18.64%. EC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 102.58%. 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 99.17% 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 many different retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (0.07%), Allspring Global Investments Holdings LLC (0.03%), Connor Clark & Lunn Investment Management Ltd. (0.03%), Earnest Partners LLC (0.03%), Robeco Institutional Asset Management B.V. (0.02%) and Sagil Capital LLP (0.02%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NYSE:EC) was last updated on 12/6/2023 by MarketBeat.com Staff 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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