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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

Post by ConorBuffeton Jun 07, 2010 1:47pm
331 Views
Post# 17165252

Pullback time?

Pullback time?Remember to take your profits,even if it is a few cents.I have to admit I did sell at .30 because news was coming and I was a little nervous from previous results.I will buy back under.16 when the dust settles.These juniours are very risky but fun so never believe that these stocks will make you rich.Remember stock trading is all a rigged game and the house always win.Wait until the sp is channeling for a few days or weeks and jump in when the volume and price is increasing  and have exit stragety.
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