Ecopetrol ADR Representing 20 Ord Shs V.EC

Primary Symbol: EC

Energy Oil & Gas Integrated

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

Ecopetrol ADR Representing 20 Ord Shs

Bullboard Posts

Comment by Kivason May 16, 2011 3:28pm

376 Views

Post# 18583611

RE: RE: RE: We have liftoff !!!

Exactly. I suppose I should thank whoever is trying to put a lid on this little bit of buying. Either way, until we start trading closer to a million shares in a day I'll keep nibbling as funds allow. Way overweight in this one, but this is the time to be buying when the volume is still low and you know that there is going to be a ton of action / spec in the months ahead. If things pan out the way I hope they will, people will be talking about 50 cents as a great entry, then 75, etc. etc. and you and I who have been buying and holding since 15 cents or better will be watching our money grow.

Cheers,

K

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