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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 laskin_49on Apr 04, 2011 12:45pm
305 Views
Post# 18382051

RE: question

RE: questionEDTV30, you have to understand there are no such things as free markets. Never has been but at least they look real 20 hyear ago.
Now they are like train rides. And no investors don't drive the trains, the biy boyz do and they will take them up or down at will to suit their purposes. Your job and mine is to try and figure out which train will have the most action...as in lots up ups and downs with big price spreads. That is our first choice in trying to make a buck, pound, franc or shekel. The second choice WE make, and the only one that determines if we make anything along with the big bouz driving the train, is what stop we get on at....and what stop we decide to get off at.

Observation of what will benifit the boyz is as important as what the story is. I'm in beause this train has some of the truely biy boyz driving and I'm thinking they plan on making a pile. Just hope I pick the right stop to bail on. Or they really hit the BIG ONE.
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