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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 Fischlaenderon Oct 19, 2010 12:01pm
277 Views
Post# 17582169

RE: RE: RE: "EC is just starting !" Its final dece

RE: RE: RE: "EC is just starting !" Its final deceWhy? Because General Research is issuing pump-style investment advice to the laymen German and Swiss investors.
It's like "smartstoxx" or those other "research companies" in Canada that hype stocks. Hardly anybody who is thoroughly researching and investing over here takes them seriously.

And Nuukfjord has appointed Hochwimmer probably because they engage his company in IR business.

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