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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 Stokmineron Nov 01, 2009 2:24pm
361 Views
Post# 16442623

RE: Big week for EC

RE: Big week for EC
I agree we
should see a healthy rise in the share price as the news is released within the next two or three weeks or earlier.  EC is far and away the best speculative junior exploration company in the gold space right now.

If we compare EC to GWY lately...... GWY has been trading well over a buck and they haven't even begun to drill so it isn't far fetched to imagine EC well over a buck as they commence drilling the Rio Zarza and much higher as this play unfolds.  The only problem is that hot stocks like EC attract manipulators like a garbage trucks draw flies so investors need to be cautious and understand games are likely to be played and not to get shaken out by their deceptions.  JMHO



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