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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 Greenstakeon Apr 15, 2010 10:05am
386 Views
Post# 16994424

You are free to believe what you want

You are free to believe what you wantI read so many posts which are self serving, negative and while highly opinionated are absolutely wrong in my view.

Rio Zarza is hardly a dustbowl as some want you to believe.  This continues to be very early in the program.

The two "problems" if you can call them that affecting the sp are immature investors who lack patience and understanding of these plays due to unrealistic expectations along with well honed traders who know how to push and pull the share price at will and line their pockets and that includes their front liners bashing the boards with negativity.

This is going down via manipulation and is presenting a remarkable opportunity for those who can see the opportunity.



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