NYSE:EC Ecopetrol (EC) Stock Forecast, Price & News $11.61 +0.06 (+0.52%) (As of 09/28/2023 ET) Add Compare Share Share Today's Range$11.44▼$11.6650-Day Range$11.02▼$12.9052-Week Range$8.59▼$13.08Volume2.77 million shsAverage Volume2.03 million shsMarket Capitalization$23.87 billionP/E Ratio4.18Dividend Yield17.57%Price Target$12.35 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ecopetrol MarketRank™ ForecastAnalyst RatingReduce1.83 Rating ScoreUpside/Downside6.4% Upside$12.35 Price TargetShort InterestBearish0.35% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.57Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth1.86%From $2.15 to $2.19 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 Sector216th out of 247 stocksCrude Petroleum & Natural Gas Industry75th out of 81 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 upside of 6.4% from its current price of $11.61.Amount of Analyst CoverageEcopetrol has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted0.35% of the float of Ecopetrol has been sold short.Short Interest Ratio / Days to CoverEcopetrol has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in Ecopetrol has recently increased by 2.30%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipEcopetrol is a leading dividend payer. It pays a dividend yield of 17.93%, 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 73.38%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Ecopetrol will have a dividend payout ratio of 93.15% 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 3.1 News and Social Media Coverage News SentimentEcopetrol has a news sentiment score of 0.57. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Ecopetrol this week, compared to 3 articles on an average week.Search Interest22 people have searched for EC on MarketBeat in the last 30 days. This is an increase of 10% compared to the previous 30 days.MarketBeat Follows25 people have added Ecopetrol to their MarketBeat watchlist in the last 30 days. This is an increase of 317% 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 1.86% in the coming year, from $2.15 to $2.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ecopetrol is 4.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Ecopetrol is 4.18, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.92.Price to Book Value per Share RatioEcopetrol has a P/B Ratio of 0.19. 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 (NYSE:EC) StockEcopetrol 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EC Stock News HeadlinesSeptember 28, 2023 | reuters.comColombia's Ecopetrol unit asks New York judge to freeze CB&I assetsSeptember 28, 2023 | finance.yahoo.comMoody's Investors Service affirmed Ecopetrol S.A.'s investment grade rating at Baa3September 28, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.September 27, 2023 | finance.yahoo.comDo Options Traders Know Something About Ecopetrol (EC) Stock We Don't?September 26, 2023 | finance.yahoo.comIs Ecopetrol SA (EC) Too Good to Be True? A Comprehensive Analysis of a Potential Value TrapSeptember 26, 2023 | finance.yahoo.comUnveiling Ecopetrol SA (EC)'s Market Leadership: A Comprehensive Analysis of Financial Growth ...September 26, 2023 | finance.yahoo.comAnalyzing Ecopetrol SA's Dividend Performance and SustainabilitySeptember 26, 2023 | americanbankingnews.comEcopetrol Sees Unusually High Options Volume (NYSE:EC)September 28, 2023 | Behind the Markets (Ad)How A.I. Could Make Most 21st Century Diseases EXTINCTOn December 22, 2022, AI discovered a new treatment for multiple myeloma... in just 4 months... On March 19, 2023, AI discovered a new drug for liver cancer... in only 30 days... There's one small-cap at the center of it all. Bill Gates owns 7 million shares... Billionaire hedge-fund manager Steve Cohen owns 1.4 million shares...September 24, 2023 | americanbankingnews.comEcopetrol (NYSE:EC) Earns Underperform Rating from Analysts at Jefferies Financial GroupSeptember 20, 2023 | msn.comEcopetrol, Gran Tierra Energy extend Colombia oil production contractSeptember 14, 2023 | benzinga.comHow Is The Market Feeling About Ecopetrol?September 13, 2023 | markets.businessinsider.comWhere Ecopetrol Stands With AnalystsSeptember 13, 2023 | oilprice.comInternational Energy Majors Interested In Colombia’s Offshore GasSeptember 12, 2023 | msn.comNew Zealand forecasts much larger budget deficit but improved economySeptember 12, 2023 | marketwatch.comColombia's Ecopetrol Pledges to Increase Low-Emission BusinessSeptember 12, 2023 | msn.comRPT-Ecopetrol aims to be energy self-sufficient through renewables -CEOSeptember 11, 2023 | money.usnews.comExclusive-Colombia Mulls Making Ecopetrol Mandatory Partner in Offshore Wind FarmsSeptember 11, 2023 | msn.comColombia considers making Ecopetrol mandatory wind farm partner - ReutersSeptember 11, 2023 | finance.yahoo.comEcopetrol announces adjustments to its 2040 Strategy, called "Energy that transforms"September 6, 2023 | prnewswire.comEcopetrol announces the date of the next Investor Day on Strategy 2040, called "Energy that Transforms".September 1, 2023 | reuters.comColombia's Ecopetrol to invest up to $1.3 billion in cleaner, better fuels -CEOAugust 30, 2023 | reuters.comColombia's Ecopetrol to invest up to $1.3 bln in cleaner, better fuels -CEOAugust 29, 2023 | oilprice.comHow Colombia's Booming Cocaine Business Is Driving Rampant Oil TheftAugust 29, 2023 | msn.comEcopetrol gets authorization for up to $1B credit lineAugust 29, 2023 | finance.yahoo.comEcopetrol S.A. obtains authorization to execute loan with international banks for up to USD 1 billionAugust 28, 2023 | reuters.comColombia authorizes oil producer Ecopetrol to arrange $1 bln loanSee 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 EC Company Calendar Last Earnings8/08/2023Ex-Dividend for 10/5 Dividend9/26/2023Today9/28/2023Dividend Payable10/05/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get 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 Forecast$12.35 High Stock Price Forecast$13.90 Low Stock Price Forecast$11.20 Forecasted Upside/Downside+6.5%Consensus RatingReduce Rating Score (0-4)1.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.78 Trailing P/E Ratio4.17 Forward P/E Ratio5.40 P/E GrowthN/ANet Income$34.77 billion Net Margins16.74% Pretax Margin156.19% Return on Equity10.34% Return on Assets3.80% Debt Debt-to-Equity Ratio1.00 Current Ratio1.14 Quick Ratio1.00 Sales & Book Value Annual Sales$37.83 billion Price / Sales0.63 Cash Flow$10.36 per share Price / Cash Flow1.12 Book Value$60.94 per share Price / Book0.19Miscellaneous Outstanding Shares2,055,830,000Free Float2,055,835,000Market Cap$23.85 billion OptionableOptionable Beta1.46 Social Links 10 Best Stocks to Own in 2023Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Ricardo Roa BarraganChief Exec. OfficerMaria Catalina EscobarMang. of Value Maximization and Corp. VP of Fin. & Sustainable ValueMr. Alberto Consuegra Granger (Age 63)COO & Exec. VP of Operations Juanita Quintana ValdiviesoTechnology Commercialization Mang. and Interim VP of Science, Technology & InnovationMr. Fernán Ignacio Bejarano Arias (Age 67)Vice-Pres of Legal Affairs & Gen. Counsel Ana Maria Silva EscobarCorp. Mang. of Ethics & Compliance Affairs and Interim Corp. VP of ComplianceMarcela UlloaHead of Corp. CommunicationsMr. Pedro Fernando Manrique Gutierrez (Age 58)VP of Commercial & Marketing Mr. Alejandro Arango Lopez (Age 63)Corp. VP of Human Talent Tommaso Giuseppe MascarucciHead of Capital MarketsMore ExecutivesKey CompetitorsDiamondback EnergyNASDAQ:FANGWoodside Energy GroupNYSE:WDSDevon EnergyNYSE:DVNCoterra EnergyNYSE:CTRAMarathon OilNYSE:MROView All CompetitorsInstitutional OwnershipWolverine Trading LLCSold 15,600 shares on 8/23/2023Ownership: 0.000%Osaic Holdings Inc.Bought 2,776 shares on 8/21/2023Ownership: 0.001%Sunbelt Securities Inc.Bought 11,135 shares on 8/16/2023Ownership: 0.001%Stifel Financial CorpSold 3,293 shares on 8/15/2023Ownership: 0.005%Walleye Trading LLCSold 5,500 shares on 8/15/2023Ownership: 0.000%View All Institutional Transactions EC Stock - 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 year. 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 forecast for 2023? 6 Wall Street analysts have issued 12 month price objectives for Ecopetrol's shares. Their EC share price forecasts range from $11.20 to $13.90. On average, they predict the company's stock price to reach $12.35 in the next twelve months. This suggests a possible upside of 6.5% 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 2023? Ecopetrol's stock was trading at $10.47 at the beginning of the year. Since then, EC shares have increased by 10.8% and is now trading at $11.60. View the best growth stocks for 2023 here. Are investors shorting Ecopetrol? Ecopetrol saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 6,950,000 shares, an increase of 6.1% from the August 15th total of 6,550,000 shares. Based on an average daily trading volume, of 1,380,000 shares, the days-to-cover ratio is currently 5.0 days. Currently, 0.3% of the shares of the company are sold short. 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, November 8th 2023. View our EC earnings forecast. How were Ecopetrol's earnings last quarter? Ecopetrol S.A. (NYSE:EC) issued its earnings results on Tuesday, August, 8th. The oil and gas company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.08. The oil and gas company earned $7.75 billion during the quarter, compared to analysts' expectations of $7.95 billion. Ecopetrol had a trailing twelve-month return on equity of 10.34% and a net margin of 16.74%. How often does Ecopetrol pay dividends? What is the dividend yield for Ecopetrol? Ecopetrol announced a -- dividend on Wednesday, March 15th. 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 is Tuesday, December 19th. 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). Is Ecopetrol a good dividend stock? Ecopetrol (NYSE:EC) pays an annual dividend of $2.04 per share and currently has a dividend yield of 17.93%. EC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 73.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, EC will have a dividend payout ratio of 93.15% 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). What is Ecopetrol's stock symbol? Ecopetrol trades on the New York Stock Exchange (NYSE) under the ticker symbol "EC." Who are Ecopetrol's major shareholders? Ecopetrol's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (0.35%), Marshall Wace LLP (0.06%), Crossmark Global Holdings Inc. (0.05%), Fisher Asset Management LLC (0.04%), JPMorgan Chase & Co. (0.04%) and Allspring Global Investments Holdings LLC (0.03%). 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. What is Ecopetrol's stock price today? One share of EC stock can currently be purchased for approximately $11.60. How much money does Ecopetrol make? Ecopetrol (NYSE:EC) has a market capitalization of $23.85 billion and generates $37.83 billion in revenue each year. The oil and gas company earns $34.77 billion in net income (profit) each year or $2.78 on an earnings per share basis. How many employees does Ecopetrol have? The company employs 18,903 workers across the globe. How can I contact Ecopetrol? Ecopetrol's mailing address is CARRERA 13 NO. 36 - 24, BOGOTA F8, . The official website for the company is www.ecopetrol.com.co. The oil and gas company can be reached via phone at (571) 234-4000, via email at investors@ecopetrol.com, or via fax at 571-234-4099. This page (NYSE:EC) was last updated on 9/28/2023 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. 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