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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 SwissInvestoron Feb 18, 2010 11:30am
283 Views
Post# 16795546

RE: This is the ONLY reason for the drop

RE: This is the ONLY reason for the dropAnd you can be sure that once they sold the shares they want to reduce risk and right the story with free shares, those bashers (the guys who are they working for) will have the pockets full of shares and pump this stock like crazy. They will be on our site when news-flow begins. And yes, the ASK will be very very thin. Just don't let them get you. Take the time to accumulate. I am still convinced that we will hit new 52-week highs in march EVEN IF hole-5 won't show gold intercepts (but there will be gold...only a few grams are enough to see that there is gold close to kinross).
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