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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 Ironmask1on Mar 09, 2011 1:21pm
327 Views
Post# 18259399

RE: firmin

RE: firmingo invest your money in a potato company. Belgian fries seem to get more popular. Since the Fortis Scandal it seems the Belgian government is much more corrupt behind the curtains as anyone would think. The last thing I would do is taking advise from a Belgian trader. Dutch taxmoney saved a lot of Belgians from bankruptcy.
Btw. all the fear is already priced in. Smart people buy when there is fear and sell into the strength.


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