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Ecopetrol SA (EC)
NYSE:EC
Ecopetrol SA (EC) Stock Price & Analysis
909 Followers
EC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$6.86 - $12.33
Previous Close$11.73
Volume1.13M
Average Volume (3M)2.03M
Market Cap
$23.95B
Enterprise Value$23.99B
Total Cash (Recent Filing)$12.07B
Total Debt (Recent Filing)$109.73B
Price to Earnings (P/E)5.5
Beta0.76
Next Earnings
May 07, 2024EPS Estimate
$0.54Next Dividend Ex-Date
Jun 25, 2024Dividend Yield23.9%
Share Statistics
EPS (TTM)2.14
Shares Outstanding2,055,834,735
10 Day Avg. Volume1,635,815
30 Day Avg. Volume2,029,787
Standard Deviation0.12
R-Squared0.35
Alpha-0.00812
Financial Highlights & Ratios
Price to Book (P/B)1658.42
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)N/A
P/FCF Ratio27.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$10.63Price Target Upside-8.68% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering3
Ecopetrol SA News
PremiumCompany Announcements
Ecopetrol Schedules Q1 2024 Results and WebcastPremiumCompany Announcements
Ecopetrol Announces Filing of Annual 20-F Report
PremiumCompany Announcements
Ecopetrol Issues 2023 Year-End Sustainability Report
PremiumCompany Announcements
Ecopetrol Announces 2023 Financial Results
PremiumCompany Announcements
Ecopetrol Shareholders Approve Key Agendas
PremiumCompany Announcements
Ecopetrol Announces Dividend Payout for 2023Bulls Say, Bears Say
Bulls Say
Dividend PolicyDividends in 2024 are expected to remain appealing, supported by the government's commitment to align local oil-product prices with international benchmarks.
Financial Plan PerformanceThe financial plan for 2024 is designed to deliver competitive returns with a target Return on Average Capital Employed (ROACE) of approximately 9%.
Production OutlookProjected throughput of 420-430k barrels of oil equivalent per day (boepd) aligns with industry benchmarks set by Bank of America.
Bears Say
Cost PressuresManagement has acknowledged sustained cost pressures and expects lifting costs and general services inflation to remain high, affecting profitability.
Earnings DisappointmentEarnings in the recent quarter materially disappointed, and the outlook for the coming year appears challenging.
Production ConcernsProduction in Colombia is actually declining and the reserves report update disappointed.
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Ownership Overview
0.00%
Insiders
0.43% Mutual Funds
0.21% Other Institutional Investors
99.36% Public Companies and Individual Investors
EC FAQ
What was Ecopetrol SA’s price range in the past 12 months?
Ecopetrol SA lowest stock price was $6.86 and its highest was $12.33 in the past 12 months.
What is Ecopetrol SA’s market cap?
Currently, no data Available
When is Ecopetrol SA’s upcoming earnings report date?
Ecopetrol SA’s upcoming earnings report date is May 07, 2024 which is in 11 days.
How were Ecopetrol SA’s earnings last quarter?
Ecopetrol SA released its earnings results on Feb 29, 2024. The company reported $0.574 earnings per share for the quarter, beating the consensus estimate of $0.554 by $0.02.
Is Ecopetrol SA overvalued?
According to Wall Street analysts Ecopetrol SA’s price is currently Overvalued.
Does Ecopetrol SA pay dividends?
Ecopetrol SA pays a Thriceyearly dividend of $0.8 which represents an annual dividend yield of 23.9%. See more information on Ecopetrol SA dividends here
What is Ecopetrol SA’s EPS estimate?
Ecopetrol SA’s EPS estimate is $0.54.
How many shares outstanding does Ecopetrol SA have?
Ecopetrol SA has 2,055,835,000 shares outstanding.
What happened to Ecopetrol SA’s price movement after its last earnings report?
Ecopetrol SA reported an EPS of $0.574 in its last earnings report, beating expectations of $0.554. Following the earnings report the stock price went down -2.826%.
Which hedge fund is a major shareholder of Ecopetrol SA?
Among the largest hedge funds holding Ecopetrol SA’s share is Fisher Asset Management LLC. It holds Ecopetrol SA’s shares valued at 10M.
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Ecopetrol SA Stock Smart Score
Neutral
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Analyst Consensus
Moderate Sell
Average Price Target:
$10.63 (-8.68% Downside)
$10.63 (-8.68% Downside)
Blogger Sentiment
Bullish
EC Sentiment 83%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 83.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Negative
Last 7 Days >0.1%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.75%
12-Months-Change
Fundamentals
Return on Equity
23.19%
Trailing 12-Months
Asset Growth
16.69%
Trailing 12-Months
Company Description
Ecopetrol SA
Founded in 1948, Ecopetrol S.A. is an integrated oil & gas company that is engaged in the exploration, production, transport, refining, and selling of oil and gas.
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EC Company Deck
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EC Earnings Call
Q4 2024
0:00 / 0:00
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EC Stock 12 Months Forecast
Average Price Target
$10.63
▼(-8.68% Downside)
Technical Analysis
Best Analysts Covering EC
1 Year
1 Year Success Rate
2/3 ratings generated profit
1 Year Average Return
+12.87%
downgraded a sell rating 2 months ago
Copying Bruno Montanari's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +12.87% per trade.
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