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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 RTmanon Sep 24, 2009 4:20pm
272 Views
Post# 16336334

RE: all markets are down

RE: all markets are downHow did I know the last few trades were gonna knock this thing below open. There are some really Fkd up tradin goin on this stock. After a run up to .67 yesterday and no support we end up closin down today. True the NR indicated a couple of minor issues still had to be cleared,but big deal.The nature of this thing is starting to remind me of the old Goldmarca, with lots of hype and wild swings in the SP. Blink your eyes and you might miss an exit piont and maybe take a loss.I'm not sure what to think at this point, except that I will stay long at least to the final permit hurdles have been cleared.
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