Bullboard - Stock Discussion Forum Ecopetrol ADR Representing 20 Ord Shs 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... see more

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Ecopetrol ADR Representing 20 Ord Shs > Nonsense reaction from market on EC

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Post by satuple on Apr 25, 2023 11:51am

Nonsense reaction from market on EC

considering that today EC's presidente said that the government 'won't kill the hen that lays golden eggs' (EC), will increase the oil recovery from wells from 18% to 20%, increase the efficiency of current operations. EC owns 3 power-generation companies and plans to increase generation of renewable energy (solar and wind).

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