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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 spruce_gooseon Dec 21, 2009 11:34am
404 Views
Post# 16607156

Treats

TreatsYou guys are right... I have been loading up with treats in the low 90 cent range for the last week and a half... every bit of spare change I can pull together... I am surprised that with the announcement of the drill rig being at the first site and ready to go that the share price dropped... seems stupid that that good news would make the sp go down... but maybe its good news for us longs that have been in for a while and not quite as good for the penny flippers that bought three weeks ago and have no patience.  ah well... better for us... we will be rewarded I think... the Induced polarization readings from their geometrics look promising.

Cheers,
Have a safe and happy holiday.... I gotta go out and start my Christmas shopping...

Mike.
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