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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
All the trading advice you’ve ever received boils down to this (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
All the trading advice you’ve ever received boils down to this (Ad)
Grab Starbucks on the dip before coffee futures fall
GM rally picks up steam after landing full bull rating
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
All the trading advice you’ve ever received boils down to this (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
All the trading advice you’ve ever received boils down to this (Ad)
Grab Starbucks on the dip before coffee futures fall
GM rally picks up steam after landing full bull rating
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
All the trading advice you’ve ever received boils down to this (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
All the trading advice you’ve ever received boils down to this (Ad)
Grab Starbucks on the dip before coffee futures fall
GM rally picks up steam after landing full bull rating

Ecopetrol Stock Price, News & Analysis (NYSE:EC)

$12.55
-0.02 (-0.16%)
(As of 09:01 AM ET)
Compare
Today's Range
$12.55
$12.55
50-Day Range
$10.72
$12.87
52-Week Range
$8.59
$13.08
Volume
15,631 shs
Average Volume
2.02 million shs
Market Capitalization
$25.80 billion
P/E Ratio
5.39
Dividend Yield
19.04%
Price Target
$12.35

Ecopetrol MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.83 Rating Score
Upside/​Downside
1.7% Downside
$12.35 Price Target
Short Interest
Healthy
0.43% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.30mentions of Ecopetrol in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
3.88%
From $2.32 to $2.41 Per Share

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 stars

Oils/Energy Sector

171st out of 210 stocks

Crude Petroleum & Natural Gas Industry

58th out of 63 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

Henry Ford Would NEVER Have Seen This Coming
In 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.
Henry Ford Would NEVER Have Seen This Coming
In 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.
Ecopetrol announces new Senior Management appointments
3 Energy Stocks Up More Than 10% YTD With More Room to Run
Ecopetrol Analyzing Gas Imports from Venezuela in 2024
P/E Ratio Insights for Ecopetrol
Petrobras: An Update On The Brazilian Oil Giant
Best Income Stocks to Buy for November 13th
Ecopetrol's third quarter 2023 results
Ecopetrol S.A. (NYSE:EC) Q3 2023 Earnings Call Transcript
Ecopetrol reports Q3 results
See More Headlines
Receive EC Stock News and Ratings via Email

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Company Calendar

Last Earnings
3/02/2015
Ex-Dividend for 10/5 Dividend
9/26/2023
Dividend Payable
10/05/2023
Today
12/06/2023
Ex-Dividend for 12/29 Dividend
12/19/2023
Dividend Payable
12/29/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
4/03/2024

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
$12.35
High Stock Price Target
$13.90
Low Stock Price Target
$11.20
Potential Upside/Downside
-1.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.83
Research Coverage
6 Analysts

Profitability

Net Income
$34.77 billion
Pretax Margin
162.36%

Debt

Sales & Book Value

Annual Sales
$37.83 billion
Cash Flow
$9.97 per share
Book Value
$60.94 per share

Miscellaneous

Outstanding Shares
2,055,830,000
Free Float
2,055,835,000
Market Cap
$25.83 billion
Optionable
Optionable
Beta
1.38

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Key Executives

  • Mr. Ricardo Roa Barragan
    Chief Executive Officer
  • Dr. 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 Garcia
    Vice President of Science, Technology & Innovation
  • Mr. Fernán Ignacio Bejarano Arias (Age 67)
    Vice-President of Legal Affairs & General Counsel
  • Ms. Luz Elena Diaz Garcia
    Corporate Vice President of Compliance
  • Marcela Ulloa
    Head of Corporate Communications
  • Mr. 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 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 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 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

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