Last $3,360 COP
Change Today +20.00 / 0.60%
Volume 8.9M
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As of 4:00 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

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10/21/13 - $4,570
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08/14/14 - $3,090
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ecopetrol sa (ECOPETL) Details

Ecopetrol S.A., an integrated oil company, is engaged in the exploration, development, and production of crude oil and natural gas primarily in Colombia, Peru, Brazil, and the United States Gulf Coast. The company operates through three segments: Exploration and Production, Refining and Petrochemicals, and Transportation and Logistics. It also owns and operates refineries that produce various refined products, including gasoline, diesel fuel, kerosene, jet fuel, aviation fuel, liquefied petroleum gas, sulfur, and heavy fuel oils; and petrochemicals and industrial products comprising paraffin waxes, lube base oils, low-density polyethylene, aromatics, asphalts, alkylates, cyclohexane, and aliphatic solvents, as well as refinery grade propylene. In addition, the company markets various refined and feed-stock products, including regular and high octane gasoline, diesel fuel, jet fuel, natural gas, and petrochemical products. Further, it is involved in the transportation of crude oil, motor fuels, fuel oil, and other refined products, such as diesel and bio fuels. As of December 31, 2013, the company had proved reserves of crude oil and natural gas totaled 1,971.9 million barrels of oil equivalent; and a network of approximately 6,746 kilometers in length for the transportation of refined products to wholesale distribution points. The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was founded in 1948 and is based in Bogotá, Colombia.

Founded in 1948

ecopetrol sa (ECOPETL) Top Compensated Officers

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ecopetrol sa (ECOPETL) Key Developments

Ecopetrol SA Appoints Mr. Max Torres as New Vice President of Exploration

Ecopetrol S.A. reported that since September 8, 2014, Mr. Max Torres assumed his duties as the company's new Vice President of Exploration, reporting to the General Director of Operations. Mr. Torres has more than 28 years of exploratory experience in Latin America, Asia, Europe and Africa in companies such as Repsol.

Ecopetrol SA Reports Unaudited Earnings Results for the Six Months Ended June 30, 2014

Ecopetrol SA reported unaudited earnings results for the six months ended June 30, 2014. For the period, the company reported total revenues of COP 30,718,296 million compared to COP 30,094,516 million a year ago. Operating income was COP 8,713,627 million compared to COP 10,052,381 million a year ago. Income before income tax was COP 9,270,242 million compared to COP 10,428,158 million a year ago. Net income was COP 6,073,674 million or COP 147.72 per share compared to COP 6,749,489 million or COP 164.15 per share a year ago. Net cash provided by operating activities was COP 5,942,341 million compared to COP 4,336,236 million a year ago. Additions to property, plant and equipment were COP 239,749 million compared to COP 997,722 million a year ago.

Ecopetrol SA Announces Executive Appointments

Ecopetrol SA reported that in line with the company’s By-Laws, the Minister of Mines and Energy, Mr. Tomas Gonzalez Estrada, and the Director of the National Planning Department, Mr. Simon Gaviria Munoz, were appointed members of the Board of Directors effective August 29, 2014.


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