25.79 -0.01 (-0.04%)
After hours: 6:43PM EDT
|Bid||24.50 x 900|
|Ask||27.71 x 4000|
|Day's range||25.44 - 25.91|
|52-week range||9.81 - 27.96|
|Beta (3Y monthly)||1.45|
|PE ratio (TTM)||14.02|
|Forward dividend & yield||0.61 (2.45%)|
|1y target est||18.12|
Pavel Molchanov and Muhammed Ghulam are not -- repeat NOT -- happy to upgrade Ecopetrol SA, even though Colombia’s state-controlled oil producer has climbed 79 percent this year. Rising oil prices made them do it. “From time to time, we make stock calls that, while based on sound logic, simply get overtaken by events,” the note Monday begins.
NEW YORK, Oct. 22, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
A new refinery of Sinopec (SNP), with a daily processing capacity of 167,000 barrels of diluted bitumen, will be built in Alberta.
Ecopetrol is the IBD Stock Of The Day as the integrated oil and gas company surges into buy range amid rising crude oil prices.
Oil stocks were rising on concerns about sanctions on Iran, which could trim global supplies. Hurricane Florence off the East Coast added to worries.
Higher oil prices have boosted profits across Colombia’s oil sector, but a serious lack of investment in new production has become a major challenge for the South American country
j2 Global, J.C. Penney, Ecopetrol and Eclipse Resources highlighted as Zacks Bull and Bear of the Day
Oil prices are expected to be more volatile due to geopolitical tensions, falling U.S. crude oil inventories and IMO restrictions.
Colombia’s Ecopetrol SA plans to expand its oil and gas reserves through acquisitions, while also increasing its presence in the U.S. The state-owned oil company has identified assets that it may consider buying, Chief Executive Officer Felipe Bayon said Friday in an interview at the New York Stock Exchange. “It needs to be the right fit with the strategy and the right valuation,” Bayon said.
Ecopetrol (EC) is seeing solid earnings estimate revision activity and is a great company from a Zacks Industry Rank perspective.
Zacks Value Investor Highlights: Ameriprise Financial, American Woodmark, Bonanza Creek Energy, Ecopetrol and KEMET
Ecopetrol (EC) could be an interesting play for investors as it is seeing solid earnings estimate revision in addition to having a robust industry rank.