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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 CrashLandingon Sep 23, 2009 11:04pm
234 Views
Post# 16333700

RE: Crash is all wrong!

RE: Crash is all wrong!I don't think so.  I have been around here a lot longer than one day.  I may not have posted on this BB before today, but I have been around here a lot longer than your.

Your profile was created December 2008 .  My profile was created in July of 2006. 

No major is going to touch this stock if there is opposition from the local community, so water usage is relevant to this discussion. 

The fact remains...there is no drill permit as everyone was saying.  There no commuity buy in yet....as everyone assumed would be a slam dunk.  If you want to throw money at this stock based on misinformation go ahead, be my guest.

Why would I bash a stock that I own.  Sorry I rained on the pump and dump parade....NOT.
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