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 Yeswecanon Mar 22, 2010 10:23pm

318 Views

Post# 16911804

RE: RE: per NR Feb 22:

Maestro..you are bang on so far. Why don't people heed the obvious signs. Not sure I will bother to pick more up at $.40 after all as it might go even lower, imo,unless some good news is released soon.

The potential upside is a nice notion but such a long shot. This pumped fantasy is pulling back just as expected, and I guess some are learning lessons just as predicted.

It might be due for a little bargain buying at this point and pop a little higher tomorrow, along with gold. Will be good for the flippers imo.

GLTA

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