|Bid||0.00 x 1300|
|Ask||24.85 x 900|
|Day's Range||20.15 - 20.89|
|52 Week Range||11.27 - 27.96|
|Beta (3Y Monthly)||1.80|
|PE Ratio (TTM)||11.09|
|Forward Dividend & Yield||0.61 (2.76%)|
|1y Target Est||18.16|
Two oil rigs in the Gulf of Mexico have been evacuated as Tropical Storm Gordon batters the coast. Yahoo Finance's Seana Smith, Dion Rabouin, Rick Newman and Mitchell Roschelle, Partner PWC talk with Todd Horwitz, Bubba Trading Founder about the impact on oil prices.
Colombian state-run oil company Ecopetrol said on Tuesday that three new bombings of the Cano Limon pipeline have caused contamination in several waterways in the country's northeastern Arauca province. The attacks on Sunday and Monday brought total bombings of the 485-mile (780-km) pipeline to 82 this year. Cano Limon, which can transport up to 210,000 barrels of oil per day, has been out of service for much of 2018 because of bombings and illegal taps and was not functioning at the time of the latest attacks.
Colombian state-run oil company Ecopetrol will likely invest between $3 billion and $3.5 billion in 2019, the same figure as forecast for this year, its chief executive officer said on Thursday. The spending is the backbone of an ambitious plan to boost production and explore for more oil to replenish dwindling reserves. Ecopetrol still plans to reach $3 billion to $3.5 billion in investments this year, though it had spent just $1.79 billion through the third quarter, executives said on an investor call after the company released third-quarter results on Wednesday.
BOGOTÁ, Colombia , Oct. 31, 2018 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announced today the Business Group's financial results for the third quarter and year-to-date 2018, prepared in ...
BOGOTA, Colombia , Oct. 25, 2018 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company) announces that on October 31 st , 2018 after market close, it will ...
Colombia's state-run oil company Ecopetrol is carrying out a clean-up operation after a bomb attack on the Cano Limon pipeline spilled crude into a waterway, the company said in a statement on Thursday. The attack on Wednesday, the seventy-sixth on the pipeline this year, had no immediate effect on exports or production at the Cano Limon field, operated by Occidental Petroleum, Ecopetrol said. The company did not name the group responsible for the bombing, but the pipeline is a frequent target of National Liberation Army (ELN) rebels.
Pavel Molchanov and Muhammed Ghulam are not -- repeat NOT -- happy to upgrade Ecopetrol SA, even though Colombia’s state-controlled oil producer has climbed 79 percent this year. Rising oil prices made them do it. “From time to time, we make stock calls that, while based on sound logic, simply get overtaken by events,” the note Monday begins.
NEW YORK, Oct. 22, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
A new refinery of Sinopec (SNP), with a daily processing capacity of 167,000 barrels of diluted bitumen, will be built in Alberta.
Ecopetrol is the IBD Stock Of The Day as the integrated oil and gas company surges into buy range amid rising crude oil prices.
Oil stocks were rising on concerns about sanctions on Iran, which could trim global supplies. Hurricane Florence off the East Coast added to worries.
NYSE: EC) ("Ecopetrol" or the "Company") reports that as part of its integral debt management strategy, it will sign a contingent line of credit for USD 665 million with Scotiabank (USD 430 million) and Mizuho Bank (USD 235 million). Under this type of facility, known as a committed line of credit, Scotiabank and Mizuho Bank agree to disburse funds as and when Ecopetrol requires them, under terms and conditions previously agreed between the parties.
A 24-hour strike has stopped oil rigs and affected well maintenance at Ecopetrol's La Cira-Infantas oilfield, Ecopetrol and the USO union say.
Higher oil prices have boosted profits across Colombia’s oil sector, but a serious lack of investment in new production has become a major challenge for the South American country