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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 robbie25on Feb 02, 2010 12:39pm
223 Views
Post# 16744066

RE: Warrants and the news timeline

RE: Warrants and the news timelineThat doesn't make any sense.....first of all, companies do not generally want warrants exercised....if they are, then they will be diluted for a price much lower then they could generally get in a PP. So if you are saying they want them exercised for the money, that is incorrect, because it would be much less dilutive to do a PP for the same price.

And if the company DID want the warrants exercised, then why the hell would they accelrate the expiry date? The only thing that does is increase the cahnces that the warrants will expire out of the money, especially if they think their stock price is going to go down in the short term.
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