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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 megatronzon Apr 06, 2010 3:39pm
236 Views
Post# 16962089

RE: PP imminent!

RE: PP imminent!sure, makes sense..but how are they going to spin a PP, to the hairpieces on Howe St.? the main problem is the share price went toilet as soon as they forced the conversion, with that NR....they gotta have visible gold in the next 2 holes to convince anyone they are capable of doing anything. maybe the brazil sale will come thru to save them....what guy with a million sitting around is going to buy a PP, unless its for .20 cents, and theres a decent chance of a 4 times lurking? fool me once bad on you......fool me twice.......
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