Ecopetrol - EC Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ecopetrol in the last year. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street 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.
View EC analyst ratings or view top-rated stocks.

3 analysts have issued twelve-month price objectives for Ecopetrol's stock. Their EC share price forecasts range from $14.70 to $16.50. On average, they expect the company's share price to reach $15.60 in the next year. This suggests a possible upside of 47.3% from the stock's current price.
View analysts price targets for EC or view top-rated stocks among Wall Street analysts.

Ecopetrol's stock was trading at $12.89 at the beginning of 2022. Since then, EC stock has decreased by 17.8% and is now trading at $10.59.
View the best growth stocks for 2022 here.

Ecopetrol saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 6,980,000 shares, a drop of 12.8% from the July 15th total of 8,000,000 shares. Based on an average daily volume of 1,670,000 shares, the days-to-cover ratio is currently 4.2 days. Currently, 0.3% of the shares of the company are short sold.
View Ecopetrol's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 24th 2022.
View our EC earnings forecast.

Ecopetrol S.A. (NYSE:EC) posted its quarterly 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 earned $5.12 billion during the quarter, compared to analyst estimates of $6.65 billion. Ecopetrol had a net margin of 17.84% and a trailing twelve-month return on equity of 51.84%.

Ecopetrol declared a Variable dividend on Friday, June 17th. Stockholders 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.

Ecopetrol (NYSE:EC) pays an annual dividend of $1.46 per share and currently has a dividend yield of 13.98%. 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 47.87% 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 a number of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (0.08%), State Street Corp (0.07%), JPMorgan Chase & Co. (0.06%), Candriam S.C.A. (0.04%), Millennium Management LLC (0.02%) and Goldman Sachs Group Inc. (0.02%).

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.

One share of EC stock can currently be purchased for approximately $10.59.

Ecopetrol (NYSE:EC) has a market capitalization of $21.77 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 was founded in 1948.

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.