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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 Quikpickeron Apr 09, 2010 12:55pm
358 Views
Post# 16974908

RE: RE: Some still just dont get it ...

RE: RE: Some still just dont get it ...Quote "But is this case, it is the management I am questioning.  What companyforces the guys that gave them money (PP) to exercise their warrantsknowing full well that the price of the stock will drop when theyrelease the results from the first 3 holes?"

They did not know the results of this hole when they accelerated the warrants, so that statement does not hold water.

The management has been open and honest with the public and shareholder communication, some people just choose to hear what they want to hear.

It's a case of listening with you're wallet and not you're brain.

In my books, they are right on track with the game plan. and we have to wait to be rewarded. Could be next week could be next year. IMHO
Bullboard Posts