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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 jvtayon Apr 15, 2011 12:51pm
482 Views
Post# 18437648

RE: RE: Look here

RE: RE: Look here Many companies previously featured in our special report editions have hit new 52-week highs since the initiation of our coverage and many companies under evaluation have made strong gains since being placed under evaluation

Well, true, BUT...most have actually DONE something, hit something, proved something up, and that is why they are being featured.  So far our amazing mgmt has done almost nothing, hit nothing, proved up nothing.   Don't hold your breath about the "52-week high" (although that really isn't very high is it...a whompin C$.34) until they do at least one of the above.  Now, if they could receive kudos for ongoing dilution while they try to figure out what they're doing and how, then maybe that's possibility.  They' also should receive kudos for keeping themselves well salaried...very important.  

Wonder who made the phone call to Equedia to try to pump up price a little, and why now.  Again, don't think it'll work until there's actually something of substance (and I mean in this decade) to pump.  Still hold a bunch...yeah, longtime bagholder here, who thot we had FDN II...yep, sophomoric dreams.   Sold off some really good stocks that have flown to play the lotto with EC...nobody's fault but mine (hey, sounds like a song!).   But I'm a bit jaded now.   Ok...cheer me up with all the facts of how great we are...TIA (oh, btw, I've heard it all before, so something fresh and factual would help).  Tell me about that 200m with 8gm of gold/t intersect again...you know...that one.  Oh, was it 200m with 0.8gm?...oh, maybe 2m with .8gm?...howz about 2ft of .8gm?  Well hells bells...tell me SOMEthng good (hmmmm...sounds like another song;).
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