Ecopetrol ADR Representing 20 Ord Shs V.EC

Primary Symbol: EC

Energy Oil & Gas Integrated

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

Ecopetrol ADR Representing 20 Ord Shs

Bullboard Posts

Comment by djgton Feb 12, 2010 4:52pm

343 Views

Post# 16782105

RE: break away fault

Well put wittbee,

The only problem is that it takes money to make money and I for one am scrambling for every penny I can for this one. Responsibly anyway, one should only have a small portion of their portfolio in high-risk plays like this. Yes, I know the upside can be huge but so can the downside. For agressive investors, these plays shouldn't be more than 10% in total (not per company).

None the less, this is most definately a great opportunity.

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Cheers,
djgt

aka Chris Weber

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?