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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 SwissInvestoron Sep 09, 2010 12:56pm
881 Views
Post# 17429850

Time to get excited on last 2 drill holes

Time to get excited on last 2 drill holesany economic gold should move this stock to the low 40's.

i am really surprised about today's positive volume. i personally do not expect news by today or tomorrow. early next week should be really interesting. monday or tuesday can bring it back to life.
Of course it is all just my personal opinion and hope, but after today someone really can't expect bad news. last trading hour should be interesting. i personally expect a close at day high. there buyers from the first trading hour MUST now something and they are not dead i think.
fingers crossed
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