NYSE:ECEcopetrol Stock Price, Forecast & News

$10.78

+0.15 (+1.41 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$10.37

Now: $10.78▼

$10.79

50-Day Range

$9.00

MA: $10.44▼

$12.01

52-Week Range

$6.28

Now: $10.78▼

$20.95

Volume1.40 million shs

Average Volume1.23 million shs

Market Capitalization$22.16 billion

P/E Ratio5.23

Dividend Yield7.53%

Beta1.88

Ecopetrol S.A. operates as an integrated oil and gas company. The company operates through three segments: Exploration and Production; Transport and Logistics; and Refining, Petrochemical, and Biofuels. It produces crude oil and gas; and engages in the extraction, collection, treatment, storage, commercialization, and pumping. The company has 9,071 kilometers of transportation pipeline systems. It also transports and distributes hydrocarbons, derivatives, and products. In addition, the company produces and markets polypropylene resin, compounds, and masterbatches; and offers refined and petrochemical products, as well as industrial service sales to customers. Ecopetrol S.A. has strategic partnership with Occidental Petroleum Corporation. 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 founded in 1948 and is based in Bogotá, Colombia.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Ecopetrol has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.16, Ecopetrol has a potential upside of 49.9% from its current price of $10.78.
Amount of Analyst Coverage
Ecopetrol has only been the subject of 3 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Ecopetrol has received 283 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ecopetrol has received 435 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ecopetrol has received 60.58% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Ecopetrol and other stocks. Vote “Outperform” if you believe EC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe EC will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Ecopetrol is a leading dividend payer. It pays a dividend yield of 7.53%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Ecopetrol has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Ecopetrol is 39.80 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Ecopetrol will have a dividend payout ratio of 98.77 % in the coming year. This indicates that Ecopetrol may not be able to sustain their current dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ecopetrol insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 2.22% of the stock of Ecopetrol is held by institutions.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Ecopetrol are expected to grow by 50.00% in the coming year, from $0.54 to $0.81 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ecopetrol is 5.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.70.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ecopetrol is 5.23, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.97.
Price to Book Value per Share Ratio
Ecopetrol has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.21 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Crude petroleum & natural gas

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSE:EC

Previous Symbol

CUSIPN/A

CIK1444406

Webwww.ecopetrol.com.co

Phone571-234-4000

Debt

Debt-to-Equity Ratio0.72

Current Ratio0.82

Quick Ratio0.82

Price-To-Earnings

Trailing P/E Ratio5.23

Forward P/E Ratio19.96

P/E GrowthN/A

Sales & Book Value

Annual Sales$21.45 billion

Price / Sales1.03

Cash Flow$8.04 per share

Price / Cash Flow1.34

Book Value$8.23 per share

Price / Book1.31

Profitability

EPS (Most Recent Fiscal Year)$2.01

Net Income$19.24 billion

Net Margins17.10%

Return on Equity11.24%

Return on Assets4.89%

Miscellaneous

Employees15,157

Outstanding Shares2,055,835,000

Market Cap$22.16 billion

Next Earnings DateN/A

OptionableOptionable

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Ecopetrol (NYSE:EC) Frequently Asked Questions

How has Ecopetrol's stock been impacted by COVID-19 (Coronavirus)?

Ecopetrol's stock was trading at $11.37 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EC shares have decreased by 5.2% and is now trading at $10.78. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Ecopetrol?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ecopetrol in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Ecopetrol.

How were Ecopetrol's earnings last quarter?

Ecopetrol SA (NYSE:EC) released its quarterly earnings results on Tuesday, March, 31st. The oil and gas company reported $0.66 earnings per share for the quarter. The oil and gas company earned $5.77 billion during the quarter. Ecopetrol had a return on equity of 11.24% and a net margin of 17.10%. View Ecopetrol's earnings history.

How often does Ecopetrol pay dividends? What is the dividend yield for Ecopetrol?

Ecopetrol announced an annual dividend on Tuesday, April 7th. Investors of record on Wednesday, April 22nd will be paid a dividend of $0.8938 per share on Friday, May 1st. This represents a yield of 8.5%. The ex-dividend date is Tuesday, April 21st. This is an increase from Ecopetrol's previous annual dividend of $0.53. View Ecopetrol's dividend history.

What price target have analysts set for EC?

5 brokerages have issued 1 year price objectives for Ecopetrol's shares. Their forecasts range from $11.80 to $24.00. On average, they expect Ecopetrol's share price to reach $16.16 in the next year. This suggests a possible upside of 49.9% from the stock's current price. View analysts' price targets for Ecopetrol.

Has Ecopetrol been receiving favorable news coverage?

Media headlines about EC stock have trended somewhat positive on Wednesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ecopetrol earned a media sentiment score of 1.8 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news aboutEcopetrol.

Who are some of Ecopetrol's key competitors?

Some companies that are related to Ecopetrol include PetroChina (PTR), PETROLEO BRASIL/ADR (PBR), CNOOC (CEO), PETROLEO BRASIL/S (PBR.A), ENI (E), EOG Resources (EOG), The Hong Kong and China Gas (HOKCY), Canadian Natural Resources (CNQ), Rwe Ag Sp (RWEOY), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Occidental Petroleum (OXY), Encana (ECA), Concho Resources (CXO) and GALP ENERGIA SG/ADR (GLPEY). View all competitors.

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 LP Unit (ET), NVIDIA (NVDA), General Electric (GE), Gladstone Land (LAND), Bank of America (BAC), Halliburton (HAL), Martin Midstream Partners (MMLP), Micron Technology (MU), Pfizer (PFE) and Paypal (PYPL).

Who are Ecopetrol's key executives?

Ecopetrol's management team includes the following people:

Mr. Felipe Bayón Pardo, Chief Exec. Officer (Age 53)
Mr. Jaime Caballero Uribe, Corp. VP of Fin. & CFO
Mr. Alberto Consuegra Granger, COO & Exec. VP (Age 59)
Maria Catalina Escobar, Head of Corp. Fin. & Investor Relations and Head of Capital Markets
Ms. María Juliana Albán Durán, VP of Compliance & Compliance Officer (Age 44)

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 a number of retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (0.34%), BlackRock Inc. (0.14%), State Street Corp (0.09%), APG Asset Management N.V. (0.09%), Fisher Asset Management LLC (0.08%) and Legal & General Group Plc (0.06%).

Which institutional investors are selling Ecopetrol stock?

EC stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Acadian Asset Management LLC, Alliancebernstein L.P., Russell Investments Group Ltd., State Street Corp, Principal Financial Group Inc., ClariVest Asset Management LLC, and UBS Group AG.

Which institutional investors are buying Ecopetrol stock?

EC stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Luminus Management LLC, Aperio Group LLC, Citigroup Inc., Connor Clark & Lunn Investment Management Ltd., APG Asset Management N.V., APG Asset Management N.V., and Wellington Management Group LLP.

How do I buy shares of Ecopetrol?

Shares of EC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Ecopetrol's stock price today?

One share of EC stock can currently be purchased for approximately $10.78.

How big of a company is Ecopetrol?

Ecopetrol has a market capitalization of $22.16 billion and generates $21.45 billion in revenue each year. The oil and gas company earns $19.24 billion in net income (profit) each year or $2.01 on an earnings per share basis. Ecopetrol employs 15,157 workers across the globe.

What is Ecopetrol's official website?

The official website for Ecopetrol is www.ecopetrol.com.co.

How can I contact Ecopetrol?

Ecopetrol's mailing address is CARRERA 13 NO. 36 - 24, BOGOTA F8, . The oil and gas company can be reached via phone at 571-234-4000 or via email at [email protected]

This page was last updated on 5/27/2020 by MarketBeat.com Staff