NYSE:EC Ecopetrol - EC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $11.38 -0.58 (-4.85%) (As of 01/27/2023 12:22 PM ET) Add Compare Share Share Today's Range$11.34▼$11.6850-Day Range$8.94▼$12.0952-Week Range$8.59▼$19.81Volume1.46 million shsAverage Volume2.11 million shsMarket Capitalization$23.40 billionP/E Ratio2.99Dividend Yield12.21%Price Target$13.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ecopetrol MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside11.6% Upside$12.70 Price TargetShort InterestHealthy0.21% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.44Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-35.83%From $3.74 to $2.40 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.2.68 out of 5 starsOils/Energy Sector99th out of 244 stocksCrude Petroleum & Natural Gas Industry43rd out of 74 stocks 2.2 Analyst's Opinion Consensus RatingEcopetrol has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.70, Ecopetrol has a forecasted upside of 11.6% from its current price of $11.38.Amount of Analyst CoverageEcopetrol has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.21% of the float of Ecopetrol has been sold short.Short Interest Ratio / Days to CoverEcopetrol has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ecopetrol has recently decreased by 19.89%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipEcopetrol is a leading dividend payer. It pays a dividend yield of 12.21%, 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 38.32%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ecopetrol will have a dividend payout ratio of 60.83% next year. This indicates that Ecopetrol will be able to sustain or increase its 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 3.0 News and Social Media Coverage News SentimentEcopetrol has a news sentiment score of 0.44. 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 5 news articles for Ecopetrol this week, compared to 3 articles on an average week.Search Interest31 people have searched for EC on MarketBeat in the last 30 days. This is an increase of 675% compared to the previous 30 days.MarketBeat Follows10 people have added Ecopetrol to their MarketBeat watchlist in the last 30 days. This is an increase of 43% 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 1.30% of the stock of Ecopetrol is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Ecopetrol are expected to decrease by -35.83% in the coming year, from $3.74 to $2.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ecopetrol is 2.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.25.Price to Earnings Ratio vs. SectorThe P/E ratio of Ecopetrol is 2.99, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 44.75.Price to Earnings Growth RatioEcopetrol has a PEG Ratio of 0.09. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioEcopetrol has a P/B Ratio of 0.20. 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 SA engages in the exploration, development, and production of crude oil and natural gas. It operates through the following segments: Exploration and Production, Transportation and Logistics, and Refining and Petrochemicals. The Exploration and Production segment deals with oil and gas exploration and production activities. The Transportation and Logistics segment comprises of pipelines and other transportation activities. The Refining and Petrochemicals segment involves in refining activities and its products include motor fuels, fuel oils, and petrochemicals. The company was founded in 1948 and is headquartered in Bogota, Colombia.Read More 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 Stock News HeadlinesJanuary 27, 2023 | markets.businessinsider.comFelipe Bayón will lead Ecopetrol until March 31, 2023January 26, 2023 | finance.yahoo.comEcopetrol says CEO Bayon to leave his post on March 31January 27, 2023 | Investing Trends (Ad)"We need batteries. Literally everywhere."Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense." January 20, 2023 | americanbankingnews.comContrasting Ecopetrol (NYSE:EC) and SandRidge Energy (NYSE:SD)December 23, 2022 | finance.yahoo.comEcopetrol S.A. (NYSE:EC) Q3 2022 Earnings Call TranscriptDecember 22, 2022 | finance.yahoo.comEcopetrol S.A. obtains authorization from the Financial Superintendence of Colombia to extend the term of its Program for the Issuance and Placement of Domestic Bonds and Commercial PaperDecember 21, 2022 | finance.yahoo.comEcopetrol contracts a USD 1 billion loan with International Banks as part of its 2023 refinancing strategyDecember 20, 2022 | finance.yahoo.comColombia's Ecopetrol secures $1 bln loan for refinancingJanuary 27, 2023 | Investing Trends (Ad)"We need batteries. Literally everywhere."Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense." December 9, 2022 | finance.yahoo.comColombia's Ecopetrol to invest up to $6.2 bln in 2023December 9, 2022 | finance.yahoo.comColombia's Ecopetrol to invest up to $6.2 billion in 2023December 9, 2022 | finance.yahoo.comThe Ecopetrol Group will invest between COP 25.3 trillion and COP 29.8 trillion in 2023 to accelerate the energy transition path and the energy securityNovember 18, 2022 | finance.yahoo.comFitch Ratings maintains Ecopetrol S.A.'s rating at BB+, with a stable outlookNovember 8, 2022 | finance.yahoo.comColombia's Ecopetrol Q3 net profit doubles as oil demand, prices riseNovember 8, 2022 | msn.comEarnings Outlook For EcopetrolNovember 1, 2022 | finance.yahoo.comEcopetrol announces the publication date of its third-quarter earnings report and conference callsNovember 1, 2022 | finance.yahoo.comChina’s Covid Strategy Is Keeping Oil Prices In CheckOctober 28, 2022 | finance.yahoo.comDecisions of Ecopetrol S.A.'s Board of DirectorsOctober 10, 2022 | finance.yahoo.comA $900 Million Oil-Bond Rout Is Red Flag for Green PushOctober 7, 2022 | finance.yahoo.comTiger Infrastructure Partners Announces £75 Million Investment in Rural Broadband Solutions Holdings Limited - Yahoo FinanceOctober 7, 2022 | finance.yahoo.comEcopetrol publishes measures to guarantee the adequate representation of its Shareholders at the extraordinary General Shareholders' Meeting to be held on October 24, 2022October 7, 2022 | finance.yahoo.comMinority Shareholders nominate candidate to Ecopetrol's Board of DirectorsOctober 7, 2022 | finance.yahoo.comEcopetrol announces nomination of candidate to its Board of DirectorsOctober 7, 2022 | seekingalpha.comEcopetrol CEO praises government plan to drop export tax on energy exports (NYSE:EC) - Seeking AlphaOctober 5, 2022 | nasdaq.comColombia's Ecopetrol CEO hails plan to drop extractive export tax - NasdaqOctober 4, 2022 | nasdaq.comBest Value Stocks to Buy for October 4th - NasdaqOctober 4, 2022 | finance.yahoo.comBest Value Stocks to Buy for October 4thSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings11/09/2022Today1/27/2023Next Earnings (Estimated)4/24/2023Fiscal 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) 234-4000Fax571-234-4099Employees18,378Year Founded1948Price Target and Rating Average Stock Price Forecast$12.70 High Stock Price Forecast$13.00 Low Stock Price Forecast$12.40 Forecasted Upside/Downside+14.2%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$3.81 Trailing P/E Ratio2.99 Forward P/E Ratio3.04 P/E Growth0.09Net Income$20.34 billion Net Margins20.78% Pretax Margin107.95% Return on Equity16.21% Return on Assets5.97% Debt Debt-to-Equity Ratio0.83 Current Ratio1.32 Quick Ratio1.11 Sales & Book Value Annual Sales$24.58 billion Price / Sales0.95 Cash Flow$8.19 per share Price / Cash Flow1.39 Book Value$57.28 per share Price / Book0.20Miscellaneous Outstanding Shares2,055,835,000Free Float2,055,835,000Market Cap$23.40 billion OptionableOptionable Beta1.48 Social Links Key ExecutivesPedro Fernando Manrique GutierrezChief Executive Officer, VP-Commercial & MarketingFelipe Bayón PardoPresidentAlberto Consuegra GrangerChief Operating OfficerJaime Eduardo Caballero UribeChief Financial OfficerAndrés Mantilla ZárateVice President-Innovation & TechnologyKey CompetitorsDiamondback EnergyNASDAQ:FANGWoodside Energy GroupNYSE:WDSCoterra EnergyNYSE:CTRAMarathon OilNYSE:MROAPANASDAQ:APAView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCBought 15,035 shares on 1/23/2023Ownership: 0.046%Crossmark Global Holdings Inc.Bought 921,351 shares on 1/19/2023Ownership: 0.046%MADDEN SECURITIES CorpBought 153,300 shares on 1/11/2023Ownership: 0.007%Jenkins WealthBought 108,980 shares on 1/11/2023Ownership: 0.005%Confluence Investment Management LLCSold 1,992 shares on 1/4/2023Ownership: 0.001%View All Institutional Transactions EC Stock - Frequently Asked Questions Should I buy or sell Ecopetrol stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ecopetrol in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EC shares. View EC analyst ratings or view top-rated stocks. What is Ecopetrol's stock price forecast for 2023? 2 Wall Street analysts have issued 12 month target prices for Ecopetrol's stock. Their EC share price forecasts range from $13.00 to $13.00. On average, they expect the company's share price to reach $13.00 in the next year. This suggests a possible upside of 8.7% 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 stock has increased by 14.2% and is now trading at $11.96. View the best growth stocks for 2023 here. Are investors shorting Ecopetrol? Ecopetrol saw a drop in short interest during the month of December. As of December 30th, there was short interest totaling 5,480,000 shares, a drop of 20.5% from the December 15th total of 6,890,000 shares. Based on an average daily trading volume, of 2,390,000 shares, the short-interest ratio is currently 2.3 days. Approximately 0.3% of the company's stock 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 Monday, April 24th 2023. View our EC earnings forecast. How were Ecopetrol's earnings last quarter? Ecopetrol S.A. (NYSE:EC) released its quarterly earnings results on Wednesday, November, 9th. The oil and gas company reported $1.06 EPS for the quarter, missing analysts' consensus estimates of $1.20 by $0.14. The oil and gas company had revenue of $9.95 billion for the quarter, compared to analyst estimates of $9.54 billion. Ecopetrol had a net margin of 20.78% and a trailing twelve-month return on equity of 16.21%. How often does Ecopetrol pay dividends? What is the dividend yield for Ecopetrol? Ecopetrol declared 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 of this dividend is Tuesday, June 28th. Read our dividend analysis for EC. Is Ecopetrol a good dividend stock? Ecopetrol (NYSE:EC) pays an annual dividend of $1.46 per share and currently has a dividend yield of 12.39%. EC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 38.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EC will have a dividend payout ratio of 60.83% next year. This indicates that the company will be able to sustain or increase its 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 Crossmark Global Holdings Inc. (0.05%), Allspring Global Investments Holdings LLC (0.05%), MADDEN SECURITIES Corp (0.01%), Jenkins Wealth (0.01%) and Confluence Investment Management LLC (0.00%). 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 $11.96. How much money does Ecopetrol make? Ecopetrol (NYSE:EC) has a market capitalization of $24.59 billion and generates $24.58 billion in revenue each year. The oil and gas company earns $20.34 billion in net income (profit) each year or $3.81 on an earnings per share basis. How many employees does Ecopetrol have? The company employs 18,378 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 1/27/2023 by MarketBeat.com Staff 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. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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