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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 ghislanderon Feb 22, 2010 1:40pm
422 Views
Post# 16807269

Let's imagine...

Let's imagine...Let's imagine they only find 900.000 oz at RZ.With a marketcap of abt 45 million that would be ONLY  50 CAD
for every oz in the ground and zero valuation for all the other properties including zero for Condor.
Just to show you how cheap this stock is...
This stock was over 5 CAD before the credit crunch and  that without all the positive news we have
now since 4 months...

Way to go!
Bullboard Posts