Ecopetrol - EC Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ecopetrol in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EC shares. 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.
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2 brokerages have issued 1 year price targets for Ecopetrol's stock. Their EC share price forecasts range from $14.70 to $14.70. On average, they anticipate the company's stock price to reach $14.70 in the next year. This suggests a possible upside of 52.2% from the stock's current price.
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Ecopetrol's stock was trading at $12.89 on January 1st, 2022. Since then, EC shares have decreased by 25.1% and is now trading at $9.66.
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Ecopetrol saw a increase in short interest in November. As of November 15th, there was short interest totaling 10,230,000 shares, an increase of 37.1% from the October 31st total of 7,460,000 shares. Based on an average daily volume of 1,550,000 shares, the short-interest ratio is currently 6.6 days. Approximately 0.5% of the shares of the stock are sold short.
View Ecopetrol's Short Interest.

Ecopetrol S.A. (NYSE:EC) posted its 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 earned $5.12 billion during the quarter, compared to analysts' expectations of $6.65 billion. Ecopetrol had a net margin of 18.17% and a trailing twelve-month return on equity of 55.86%.

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 dividend yield of 19.5%. The ex-dividend date of this dividend is Tuesday, June 28th.
Read our dividend analysis for EC.

Ecopetrol (NYSE:EC) pays an annual dividend of $1.46 per share and currently has a dividend yield of 15.12%. EC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 99.32%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, EC will have a dividend payout ratio of 55.51% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EC.

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."

Ecopetrol's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (0.25%), Vanguard Group Inc. (0.15%), Fisher Asset Management LLC (0.08%), Marshall Wace LLP (0.06%), State Street Corp (0.06%) and Renaissance Technologies LLC (0.06%).

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.
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One share of EC stock can currently be purchased for approximately $9.66.

Ecopetrol (NYSE:EC) has a market capitalization of $19.86 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.

The company employs 18,378 workers across the globe.

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.