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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 SwissInvestoron Jan 07, 2010 4:10pm
319 Views
Post# 16651655

Sweet

Sweetdumping by one moron at the end of the day, with a low volume close in the green. Ok those 100 at the end aren't the world but are building a nice chart.  Somebody wants to shake out nervous hands...and is forming a nice chart. Hard to interpretate. Tomorrow is the 5th day of drilling and next week will be very interesting. I bet that we will see some buyers tomorrow who don't want to sit on the sidelines over the weekend. To much coming near term. Cheers.
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