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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Comment by dudediligenton Mar 26, 2010 5:06pm
314 Views
Post# 16930018

RE: remember ARU

RE: remember ARUARU this is not...EC management did a great job pumping up the stock with the Feb news release. They knew then that the results sucked and were hoping like hell they would find something deeper. Didn't like the fact that the NR had no assays. Why release the news they did? Because the SP was falling like a rock at the time.You can bet management took advantage of that run up from the hyped up NR, hopefully most holders here did as well.
If it smells bad don't eat it! Where is the Condor sale? Hmmmmmmmm....
Smoke and mirrors....
Hey, I hope for those holding they do find something substantial. Don't hold your breath. I don't like to see people lose their hard earned capital. 
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