|Bid||16.17 x 800|
|Ask||16.18 x 900|
|Day's Range||16.09 - 16.31|
|52 Week Range||15.25 - 27.96|
|Beta (3Y Monthly)||1.65|
|PE Ratio (TTM)||7.56|
|Forward Dividend & Yield||1.44 (9.19%)|
|1y Target Est||18.22|
A bomb and two illegal valves have damaged sections of Colombia's Transandino pipeline, state-run oil company Ecopetrol said on Saturday. The two valves, installed to steal crude, were placed by unknown persons in the municipality of Barbacoas in southwestern Narino province, near the border with Ecuador, the company said in a statement. The bombing, which dented the pipeline's tubing, occurred overnight in Ricaurte, also in Narino province, the statement added.
BOGOTÁ, Colombia , Aug. 12, 2019 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announced today the Ecopetrol Group's financial results for the second quarter of 2019, prepared in accordance ...
BOGOTÁ, Colombia , July 31, 2019 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company) announces that on August 1 st , Ecopetrol's senior management will ...
Occidental Petroleum Corp , which is battling activist investor Carl Icahn over its $38 billion purchase of Anadarko Petroleum, reported a 14% drop in quarterly profit on Wednesday, as costs related to the deal and weaker chemical earnings hit its bottom line. Investors closely watch operating cash flow as a sign of a company's ability to cover shareholder payouts and operating expenses.
Occidental Petroleum Corp , which is battling activist investor Carl Icahn over its $38 billion purchase of Anadarko Petroleum, reported a 14% drop in quarterly profit on Wednesday, as costs related to the deal and weaker chemical earnings hit its bottom line. Investors closely watch operating cash flow as a sign of a company's ability to cover shareholder payouts and operating expenses. Analysts were expecting the company to report earnings of 93 cents a share on the same basis, according to IBES data from Refinitiv.
NYSE: EC) announced today that it formed a joint venture with Occidental Petroleum Corporation to develop 97,000 net acres of Occidental's Midland Basin properties in the Permian Basin. The JV enables Ecopetrol to book ~160 MMboe of proved undeveloped reserves at transaction closing and provides access to one of the most prolific resource plays in the world. The JV will progressively increase production until 2027, when production for Ecopetrol in the JV is estimated to reach circa 95 kboed.
NYSE: EC) announces that the rating agency Moody's has kept the Company's long-term international rating at Baa3, with stable outlook. In its report, Moody's highlighted the Company's strength as a leading firm in Colombia, its operating performance and capital efficiency, as well as the stable cash generation of its Transportation and Logistics segment. In the press release, Moody's highlighted the Company's positive cash levels, as well as the strength of its credit metrics, thanks to the debt prepayments it has made in recent years.
Ministry of Mines and Energy of Brazil authorizes the transfer of 10% stake in Saturno block to Ecopetrol
NYSE: EC) reports that the Boranda-2 ST well, located in Rionegro (Santander), has discovered the presence of crude in the Eoceno basal sands. The well was drilled from the same platform as the Boranda-1 discovery well (finding reported in 2017 in the Playón block, now known as Boranda), some 1,200 meters to the southeast. Ecopetrol owns a 50% stake in the block, with the other 50% owned by Parex, who is the operator.
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.