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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 Ironmask1on Aug 03, 2009 4:46am
498 Views
Post# 16186300

RE: Just my detailed opinion.

RE: Just my detailed opinion.Good, informative post Beamin. I'm glad to see your posts on the BB. I totally agree.

Give a man a fish and he will eat for a day. Teach a man how to fish and he will eat for a lifetime.


After Friday's rebound, gold bugs are, again, watching for a breakthrough past $1,000.

My opinion is that more and more houses noticed Gold stocks are becoming the flavor for investors as they anticipategold bullion prices to spike in the coming months. Crude oil andnatural gas are not providing any setups at this time.

That's why I mentioned Bolder on last friday, while TD was scaring the retail selling into the .28's watching Bolder taking the cheapie's away under .30.

And to all Canadians as far as they not at work, Have a great holiday, and to the rest It's still early before we enter into the maniastage, so come aboard before we really takeoff.


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