Ecopetrol Has Considerable Risks But Also A Lot Of Upside In Case Of Positive Changes
My view on Ecopetrol has shifted from pessimistic to optimistic, despite existing risks, due to its low valuation and strategic focus on oil and gas. Ecopetrol's strategy has evolved, scaling back renewable investments and focusing on profitable fossil fuels, making it a more attractive investment. The company's Q3 2024 results show weaker sales and net income due to lower prices and demand, but oil and gas production reached new records.
Ecopetrol S.A. (EC) Q3 2024 Earnings Call Transcript
Ecopetrol S.A. (NYSE:EC ) Q3 2024 Earnings Conference Call November 14, 2024 9:00 AM ET Company Participants Ricardo Roa - Chief Executive Officer Rafael Guzman - Acting Executive Vice President, Hydrocarbons David Riano - Executive Vice President, Transition Energy Camilo Barco - Chief Financial Officer Julián Lemos - Acting Vice President, Strategy & New Businesses Sandra Rodríguez - Corporate Vice-President of Territorial Javier Cardenas - Chief Value Officer Conference Call Participants Katherine Ortiz - Corredores Davivienda Juan José Muñoz - BTG Pactual Andrés Cardona - Citibank Ricardo Sandoval - Bancolombia Andres Duarte - Corficolombiana Rodrigo Almeida - Banco Santander Bruno Montanari - Morgan Stanley Operator Good morning.
Ecopetrol (EC) Ascends But Remains Behind Market: Some Facts to Note
The latest trading day saw Ecopetrol (EC) settling at $7.57, representing a +0.13% change from its previous close.
Petrobras, Ecopetrol Permitted to Drill Following Court Ruling
Despite prior legal challenges, the Colombian court permits PBR and EC to proceed with natural gas drilling activities in the Tayrona area.
Ecopetrol S.A. (EC) is Attracting Investor Attention: Here is What You Should Know
Recently, Zacks.com users have been paying close attention to Ecopetrol (EC). This makes it worthwhile to examine what the stock has in store.
Ecopetrol (EC) Advances While Market Declines: Some Information for Investors
In the closing of the recent trading day, Ecopetrol (EC) stood at $8.10, denoting a +0.87% change from the preceding trading day.
Ecopetrol (EC) Exceeds Market Returns: Some Facts to Consider
Ecopetrol (EC) closed the most recent trading day at $8.03, moving +0.25% from the previous trading session.
Ecopetrol S.A. (EC) is Attracting Investor Attention: Here is What You Should Know
Ecopetrol (EC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Ecopetrol (EC) Beats Stock Market Upswing: What Investors Need to Know
Ecopetrol (EC) concluded the recent trading session at $8.23, signifying a +0.98% move from its prior day's close.
Top 2 Energy Stocks Which Could Blast Off This Month
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Ecopetrol (EC) Declines More Than Market: Some Information for Investors
Ecopetrol (EC) closed at $8.15 in the latest trading session, marking a -1.09% move from the prior day.
Ecopetrol (EC) Stock Dips While Market Gains: Key Facts
Ecopetrol (EC) closed at $8.74 in the latest trading session, marking a -0.79% move from the prior day.
