|Bid||23.61 x 2200|
|Ask||28.02 x 2900|
|Day's Range||25.29 - 25.94|
|52 Week Range||9.73 - 27.96|
|Beta (3Y Monthly)||1.45|
|PE Ratio (TTM)||13.86|
|Forward Dividend & Yield||0.61 (2.27%)|
|1y Target Est||18.43|
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
j2 Global, J.C. Penney, Ecopetrol and Eclipse Resources highlighted as Zacks Bull and Bear of the Day
Oil prices are expected to be more volatile due to geopolitical tensions, falling U.S. crude oil inventories and IMO restrictions.
Colombia’s Ecopetrol SA plans to expand its oil and gas reserves through acquisitions, while also increasing its presence in the U.S. The state-owned oil company has identified assets that it may consider buying, Chief Executive Officer Felipe Bayon said Friday in an interview at the New York Stock Exchange. “It needs to be the right fit with the strategy and the right valuation,” Bayon said.
Colombia's state-run Ecopetrol SA will focus spending for the rest of the year on increased drilling activity and securing operational licenses, its chief executive said on Friday. CEO Felipe Bayon said ...
Ecopetrol will focus spending for the rest of the year on increased drilling activity and securing operational licenses, its CEO says.
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.
Turkey's troubles continue to plague markets. Yahoo Finance's Seana Smith, Dion Rabouin and The King's College Brian Brenberg discuss the latest with Bob Iaccino, Chief Market Strategist, Path Trading Partners.