Ecopetrol Stock Forecast, Price & News

3 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 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Ecopetrol stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EC, but not buy additional shares or sell existing shares.
View analyst ratings for Ecopetrol or view top-rated stocks.

3 analysts have issued 1 year price targets for Ecopetrol's shares. Their EC stock forecasts range from $14.70 to $16.50. On average, they expect Ecopetrol's share price to reach $15.60 in the next year. This suggests a possible upside of 40.8% from the stock's current price.
View analysts' price targets for Ecopetrol or view top-rated stocks among Wall Street analysts.

Ecopetrol's stock was trading at $12.89 on January 1st, 2022. Since then, EC stock has decreased by 14.0% and is now trading at $11.08.
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Ecopetrol saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 6,450,000 shares, a drop of 18.4% from the May 31st total of 7,900,000 shares. Based on an average daily volume of 1,450,000 shares, the days-to-cover ratio is currently 4.4 days. Currently, 0.3% of the shares of the stock are sold short.
View Ecopetrol's Short Interest.

Ecopetrol is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Ecopetrol.

Ecopetrol S.A. (NYSE:EC) posted its earnings results on Monday, March, 2nd. The oil and gas company reported ($0.12) EPS for the quarter, missing the consensus estimate 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 17.25% and a trailing twelve-month return on equity of 49.32%.
View Ecopetrol's earnings history.

Ecopetrol announced a Variable dividend on Friday, June 17th. Investors of record on Wednesday, June 29th will be given a dividend of $0.797 per share on Friday, July 8th. This represents a yield of 19.5%. The ex-dividend date is Tuesday, June 28th.
View Ecopetrol's dividend history.

Ecopetrol(NYSE:EC) pays an annual dividend of $2.26 per share and currently has a dividend yield of 20.81%. EC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Ecopetrol is 153.74%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Ecopetrol will have a dividend payout ratio of 68.90% next year. This indicates that Ecopetrol will be able to sustain or increase its dividend.
View Ecopetrol's dividend history.

Some companies that are related to Ecopetrol include PetroChina (PTR), Petróleo Brasileiro S.A. - Petrobras (PBR), EOG Resources (EOG), Canadian Natural Resources (CNQ), Occidental Petroleum (OXY), Pioneer Natural Resources (PXD), ENI (E), Cenovus Energy (CVE), Devon Energy (DVN), Continental Resources (CLR), RWE Aktiengesellschaft (RWEOY), Diamondback Energy (FANG), Coterra Energy (CTRA), Woodside Energy Group (WDS) and Woodside Energy Group (WOPEY).
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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).

Ecopetrol trades on the New York Stock Exchange (NYSE) under the ticker symbol "EC."

Shares of EC 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.
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One share of EC stock can currently be purchased for approximately $11.08.

Ecopetrol (NYSE:EC) has a market capitalization of $22.78 billion and generates $119.45 billion in revenue each year. The oil and gas company earns $20.34 billion in net income (profit) each year or $1.47 on an earnings per share basis.

Ecopetrol employs 18,378 workers across the globe.

Ecopetrol was founded in 1948.

Ecopetrol's mailing address is CARRERA 13 NO. 36 - 24, BOGOTA F8, . The official website for Ecopetrol 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.