Ecopetrol (EC) ended the recent trading session at $8.81, demonstrating a +1.97% swing from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 0.21%. Meanwhile, the Dow experienced a drop of 0.14%, and the technology-dominated Nasdaq saw a decrease of 0.05%. Prior to today's trading, shares of the oil and natural gas exploration company had lost 3.57% over the past month. This has was narrower than the Oils-Energy sector's loss of 4.39% and lagged the S&P 500's gain of 5.94% i ...

BOGOTÁ, Colombia, Oct. 8, 2024 /PRNewswire/ -- Ecopetrol S.A. ("Ecopetrol" or the "Company") (NYSE: EC) announced today the commencement of a cash tender offer (the "Offer"), to purchase any and all of its outstanding 5.375% Notes due 2026 (the "Securities"), upon the terms and subject to the conditions set forth in Ecopetrol's Offer to Purchase, dated October 8, 2024 (as the same may be amended or supplemented from time to time, the "Offer to Purchase") and in the related Notice of Guaranteed Delivery (as ...

Colombia's state-owned energy giant, Ecopetrol S.A. (EC) , announced the discovery of a natural gas deposit in the Papayuela well. The well, located in Colombia's Caribbean waters, has the potential to yield up to 800 million cubic feet of gas per day and meet 80% of the nation's current demand, leading to an end of the energy crisis that the country is predicting in the years to come. The company informed that the project is in its early stages of development and could take five to seven years to become pr ...

Ecopetrol (EC) closed the most recent trading day at $9.02, moving +0.33% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.9%. Meanwhile, the Dow gained 0.81%, and the Nasdaq, a techheavy index, added 1.22%. Prior to today's trading, shares of the oil and natural gas exploration company had lost 2.49% over the past month. This has lagged the Oils-Energy sector's gain of 5.22% and the S&P 500's gain of 3.15% in that time. The upcoming earnings release of Ecopetrol will be of ...

BOGOTA, Colombia, Oct. 1, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") announces that the following permanent appointment has been made as part of the implementation of the new organizational structure announced on June 6, 2024: Juan Carlos Hurtado Parra as Vice President of the Upstream segment, who has been in charge of this department since June 15 and assumes the position permanently as of today, October 1. Juan Carlos is an electrical engineer from the I ...

Ecopetrol (EC) closed the most recent trading day at $8.93, moving -1% from the previous trading session. This change lagged the S&P 500's 0.42% gain on the day. At the same time, the Dow added 0.04%, and the techheavy Nasdaq gained 0.38%. Heading into today, shares of the oil and natural gas exploration company had lost 8.33% over the past month, lagging the Oils-Energy sector's loss of 2.47% and the S&P 500's gain of 2.06% in that time. The upcoming earnings release of Ecopetrol will be of great interest ...

Ecopetrol S.A. (NYSE: EC ) (TSX: ECP:CA ) is a solid investment to gain exposure to fossil fuels, despite potential sector weakness and dividend fragility. While investors can be appealed by the stock's 16% dividend yield, this stock I am always on the lookout for strongly undervalued stocks, in the dirt and under the rocks. Following me will allow you to read about little known, forgotten and underrated stocks, in any geography and sector.My name is Akim and I am a professional portfolio manager for invest ...

BOGOTA, Colombia, Sept. 24, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, in compliance with the ruling issued by the Fourth Labor Court of the Santa Marta Circuit, the names "Uchuva" and "Tayrona" will no longer be used to refer to its offshore exploration projects in the Colombian Caribbean, nor any project in which the Company is involved. This mention of the former names is made only once to comply with the court's order. In collaboration with Petrobras, Ecopetrol's partne ...

Petrobras S.A. (PBR) and Ecopetrol (EC) have suffered a major setback while drilling for an offshore gas well in Colombian waters. A Colombian judge has ordered the companies to stop the drilling of the Uchuva-2 well in response to a suit filed by an indigenous community that sought protection. The community hailed from the Taganga area, which lies close to the city of Santa Marta. Dispute With the Indigenous Community The community stated that the companies should have sought their approval prior to drilli ...

BOGOTÁ, Colombia, Sept. 5, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") announces that today was the settlement of the partial make whole of the Notes due 2026, originally issued in 2015 for a nominal amount of US$1.5 billion. This make whole covered a notional amount of US$250 million and the repurchase price was US$1,014.41 per US$1,000 of principal, for a total of US$253,602,675.24, plus accrued interest up to the redemption date. The partial make whole wa ...