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

Post by madmike0on Jan 17, 2012 11:38am

399 Views

Post# 19412186

I know I rub a bunch of you the wrong way...

but you have to admit I've called this right since the Fall! I see know reason to buy back in until late spring at the earliest. Is it a sreaming buy here @.12? NO! It will be a screaming buy sub .10

Good luck to those that decide to hang on though I think it is a mistake if you do,

Mike

Bullboard Posts

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload