19.00 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||19.03 x 1100|
|Ask||19.04 x 900|
|Day's Range||18.97 - 19.36|
|52 Week Range||15.25 - 27.96|
|Beta (3Y Monthly)||1.58|
|PE Ratio (TTM)||8.88|
|Forward Dividend & Yield||1.44 (7.54%)|
|1y Target Est||N/A|
Fluor (FLR) is set to boost the Diversified Services business with Ecopetrol's Colombia-based refineries' turnaround maintenance services.
You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […]
The deepwater terminal will not only expand Phillips 66's (PSX) logistics business but will also compete with several other export facilities planning to dispatch domestic oil across the globe.
Let's look at some oil and energy stocks that are projected to perform well in the coming months and even years despite the current headwinds.
Luminus believes that Ensco Rowan (ESV) stock will gain momentum, once the company shows commitment in returning capital back to the shareholders through dividend payment.
Enterprise's (EPD) pipelines connect consumers of commodities with all the prolific shale resources in the United States, providing the partnership with steady fee-based revenues.
Conservative capital spending by North American explorers, Permian bottleneck problem and lower rig employment by the customers have hurt Halliburton's (HAL) oilfield service demand.
With foothold in prolific Permian and focus to lower well costs and LOE, Approach Resources (AREX) is a promising investment bet now.
With the extension of the ethylene pipeline network, Enterprise Products (EPD) will capitalize on the growing petrochemical industry in the United States.
Waning oil volumes imported by China from the United States is not likely to upset the Enterprise's (EPD) fortunes. This is because America is not dependent on China solely to sell its oil.
Being a pure-play Permian player, Pioneer Natural (PXD) is likely to gain from its huge inventory of low-cost premium wells.
Ecopetrol SA ADR (NYSE:EC) is an integrated (it does exploration and production, pipelines and refinery and retail) energy company that is based in Colombia. It has about 60% of its operations there, but also has operations in Brazil, Peru and the Gulf of Mexico.Source: Shutterstock It's important to remember that the Andean nations -- especially Colombia, Ecuador and Peru -- have significant amounts of oil and natural gas. As a matter of fact, Colombia is nestled between Venezuela and Ecuador, both Organization of Petroleum Exporting Countries (OPEC) members.Colombia likely never became a member simply because it has always had a strong relationship with the U.S., and OPEC membership makes that relationship a bit tenser. Also, Colombia was a bit later to the energy game and has built much of its energy business domestically, rather than having outside firms come in and drill on its lands.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSome of that was due to the long-standing civil war in the country that made exploration and production a much more dangerous proposition than it did in neighboring countries.But now, those issues are behind the nation and EC is making up for lost time. What's Next for EC StockThe most significant opportunity now for EC stock is to make up for all the lost demand from Venezuela, as that country is paralyzed by its current political problems. * 7 High-Yield REITs to Buy (Even When the Market Tanks) Ecopetrol released its Q1 earnings earlier this month and everything is looking up. Earnings are up, demand is up, refining operations (the profitable aspect of the business) are up, margins are rising. And a weaker dollar is also a boon for EC.What's more, a slow-growth global economy helps emerging markets manage their growth a bit better. And relatively high and stable oil prices are also beneficial to integrated oil companies since equipment is cheaper to buy and spending in local currencies is less costly.Looking forward, if the U.S. and China continue their trade war, it means China will be looking for other vendors to ship liquified natural gas (LNG) to it. While EC isn't big into that side of the business, given the fact that China is already deeply involved in Venezuela's energy business, it wouldn't be surprising if they began talking to EC stock about building out facilities for LNG export.Asia is already a good client of Ecopetrol exports., and this current trade war likely won't be the last. And China has been actively seeking partnerships with countries beyond the U.S. for strategic industrial metals and energy products.But all this isn't reflected in EC stock at the moment. After a strong 14% run so far this year, it's still off 17% in the past 12 months. However, EC stock does deliver a generous 5.7% dividend, which is always helpful.My Portfolio Grader rates the stock a C here, or hold. Drilling down, its Fundamentals grade is an A and its Quantitative (momentum) grade is a C. And therein lies the rub.Basically the stock isn't getting much attention because there are energy stocks in the U.S. that are easier to follow. But few are integrated oil firms. And that is the interesting aspect of EC. It flies under the radar. Granted it's a bit risky, but energy prices and demand look like they're on an upswing and EC will be a beneficiary.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 High-Yield REITs to Buy (Even When the Market Tanks) * 5 Great Blue-Chip Stocks to Buy Today * 7 Tech Stocks to Buy That Are Also Perfect for Retirement Compare Brokers The post Has Ecopetrol Stock Turned a Corner? appeared first on InvestorPlace.
Higher daily oil equivalent production and increased transported volumes of the commodity back Ecopetrol's (EC) year-over-year rise in quarterly results.
[Editor's note: This story was previously published in January 2019. It has since been updated and republished.]Even though things have gotten back to normal since the beginning of the year, concerns about volatility still weigh on many people's minds. While there's often more reward when you take risk, there's also nothing wrong with safe, reliable bets to get you through the tough times as well. * 7 Stocks to Buy That Ought to Buy Back Shares Below are 10 A-rated stocks that the smart money is piling into. That means all score A ratings for Momentum in my Portfolio Grader, and there is significant activity in buying by institutional investors.InvestorPlace - Stock Market News, Stock Advice & Trading Tips ServiceNow (NOW)ServiceNow Inc (NYSE:NOW) is the next iteration of CRM-focused systems, but it is all cloud-based. Also, it has a deeper amount of architecture and design ability that many customer resource management systems don't have.It has a solid $34 billion market cap, which means that it has a sizable enterprise-level client base and it is no longer and spry up-and-comer. It is a respectable provider of cloud computing solutions.The stock is up 63% in the past 12 months, and up 52% this year.If the economy stays strong and the various trade wars get worked out, NOW has plenty of potential in and beyond 2019.Source: SarahTz Via Flickr China Petroleum & Chemical Corp ADR (SNP)China Petroleum & Chemical Corp ADR (NYSE:SNP) is better known in the West as Sinopec. It's the largest oil and petrochemical products supplier in the world. It's the second-largest oil and gas producer in China, the largest refining company and the second-largest chemical company in the world. And its total number of gas stations put it at No. 2 in the world.Suffice it to say, it's a major integrated energy company. And the crazy thing is, it only started in 1998. Most massive energy companies hark back to exploration and production in the 1800s. * 7 A-Rated Stocks That Are Under $10 Sinopec has grown massively since its founding and it has now come to experience a downturn in the energy patch for the first time since its ascent. And the volatility is still present.So far this year, SNP is up more than 7% and delivering a solid 8.14% dividend. Source: Shutterstock Veeva Systems (VEEV)Veeva Systems Inc (NYSE:VEEV) has a unique niche that will pay off handsomely over the coming years. Don't get me wrong, it's doing well now -- the stock is up more than 100% in the past 12 months and 62% in 2019 -- but it is becoming the major player in a niche that will only grow.It specializes in creating cloud-based software solutions for the life sciences industry.That may not sound very sexy, but when you consider the graying of the populations in developed nations, the demand for better healthcare in China, India and beyond, you have a lot of potential. And VEEV is the top player.Source: Shutterstock Ecopetrol SA ADR (EC)Ecopetrol SA ADR (NYSE:EC) is the largest energy company in Colombia. While that may not sound incredibly impressive, Colombia has a lot of major exploration and production (E&P) companies there.What's more, given the implosion of major South American producer Venezuela and the political turmoil in Brazil, Colombia is a steady, reliable energy partner.In the past, E&P was tough because there was a low-intensity civil war going on and a significant drug trade that was all happening in the same parts of the country. * 7 Cloud Stocks to Buy Now But now that's past, and the rebels are negotiating with the government. The government is more stable and predictable and energy prices are on the rise. All good news for EC.Up 12.5% since 2019 began, it also offers a respectable 7.8% dividend.Source: Shutterstock Abiomed Inc (ABMD)Abiomed Inc (NASDAQ:ABMD) is a stock that I have been singing the praises of for a while now. It is a specialized company that is the leader in a technology that is going to increase in demand globally for many years to come.What's more, its $15 billion market cap means it can grow organically or, it is the perfect size for a major healthcare firm to snap it up at a significant premium and just plug it into its broader scope of products.Either way, investors will be well rewarded.ABMD make the smallest heart pump in the world. And given the fact that developed nations are seeing baby boomers gray, this type of device is only going to grow in demand. Be warned, it gave back every gain from last year and 10% more, but coming into earnings this stock is ready to pop.Source: IDelearn via YouTube Tableau Software (DATA)Tableau Software Inc (NASDAQ:DATA) as you may have guessed by its ticker symbol specializes in business intelligence and data analytics software. Basically, that means you can take your company's data and create data visualizations and explore data in a number of ways that previously would have taken experts to build and deliver. * 7 Dividend Stocks That Could Double Over the Next Five Years It's a niche company that offers a powerful tool for enterprise and smaller businesses looking to get more from their data and allow their people to understand more about the numbers.Up more than 40% in the past 12 months, it's off to a slow start so far this year, but has big prospects.Source: Web Summit Via Flickr Twilio (TWLO)Twilio Inc (NYSE:TWLO) is a cloud-based communications platform built for developers.One of the new forms of delivering services to consumers is with application program interfaces (APIs). Here's a metaphor to help you understand the power of APIs in our new app-driven world. Say you're a customer in a restaurant.The API is the server and the company you are communicating with is the chef. The server asks for your order. You tell them, and they deliver it to the chef. When your request is ready, it comes to you.This is how all apps work and TWLO is one of the biggest players in this space.Up a whopping 223% in the past 12 months, it has plenty of room to grow. Sarepta Therapeutics (SRPT)Sarepta Therapeutics Inc (NASDAQ:SRPT) is a biopharmaceutical company that specializes in rare neuromuscular diseases (like Duchenne Muscular Dystrophy, or DMD) using gene therapy and other therapeutics.The stock was up more than 60% in the past 12 months and is up 14% already in 2019. Much of that is about its strong earnings and the progress it's making on its new drugs. It's expecting to bring three RNA-based drugs to market in 2020 and capture about 30% of the DMD market. * 7 Tech Stocks With Too Much Risk, Not Enough Upside There's a growing demand for effective drugs that can treat chronic diseases, SRPT is well positioned for growth or a buyout at a significant premium.Source: OFFICIAL LEWEB PHOTOS via Flickr Zendesk (ZEN)Zendesk Inc (NYSE:ZEN) is part of the new boom in omnichannel customer service support. Essentially, that means ZEN provides an online platform to integrate a company's customer service so that it is available for all departments to see and follow up on.Nowadays there are numerous channels for customers and potential customers to use for feedback, follow-ups, queries, etc. ZEN provides companies with an efficient way for a customer's email query to get linked to their interaction with a chatbot and the phone call they made the other week.Customer resource management is a big deal and numerous companies are now carving up that market and disrupting it. ZEN is succeeding in doing just that.Up 81% in the past 12 months, it's off to a strong start in 2019 as well, up 58%.Source: Bixentro via Flickr Match Group (MTCH)Match Group (NASDAQ:MTCH) is the parent company of some of the most well-known sites on the web. It owns dating sites Tinder, Match, PlentyOfFish, Meetic, Pairs, Twoo, OurTime, BlackPeopleMeet and LoveScout24.It also has a division that is focused on education services like test preparation, academic tutoring and college counseling services.Its products are in 42 languages and available in 190 countries. * 5 Dividend Stocks Perfect for Retirees The power of this focused social media business is the fact that it has hundreds of millions of people that use or have used its services and that means it has huge amounts of data to cross-promote its own services as well as rent that data to others.Up 30% in the past 12 months and 45% this year, this social matchmaking company is much closer to its beginnings than its end.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post 10 A-Rated Stocks the Smart Money Is Piling Into appeared first on InvestorPlace.
Amid an overall market correction, many stocks that smart money investors were collectively bullish on tanked during the fourth quarter. Among them, Amazon and Netflix ranked among the top 30 picks and both lost more than 25%. Facebook, which was the second most popular stock, lost 20% amid uncertainty regarding the interest rates and tech […]
Ecopetrol (EC) is set to invest $500 million toward exploring unconventional deposits in the 2019-2021 time frame, beginning with shale pilot programs in Colombia???s shale-rich Magadalena Valley basin.