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 > Added another 19000 today (Insider

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Comment by tradeadayon Oct 19, 2012 9:50am

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Post# 20502232

RE: RE: RE: RE: Added another 19000 today (Insider

petesky, even rich people hate to lose money regardless of the amount. They buy for only 1 reason, but sell for many. I cannot remember the last time EC saw ANY insider buying. It's been a long line of selling for the last 3 years at least.

Considering most people have written off this company, you have to take any positive signal you can get.

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