Ecopetrol (NYSE:EC - Get Free Report) is expected to be releasing its earnings data after the market closes on Wednesday, February 26th. Analysts expect Ecopetrol to post earnings of $0.40 per share and revenue of $6.47 billion for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.
Ecopetrol Trading Down 4.7 %
Shares of Ecopetrol stock traded down $0.52 on Friday, hitting $10.43. The stock had a trading volume of 2,778,776 shares, compared to its average volume of 2,769,101. The stock has a 50 day moving average of $8.76 and a 200 day moving average of $8.79. Ecopetrol has a twelve month low of $7.21 and a twelve month high of $12.90. The firm has a market capitalization of $21.43 billion, a P/E ratio of 4.99 and a beta of 1.20. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.38 and a current ratio of 1.68.
Wall Street Analyst Weigh In
Several analysts recently commented on the company. JPMorgan Chase & Co. upgraded Ecopetrol from an "underweight" rating to a "neutral" rating and upped their target price for the company from $7.50 to $9.50 in a report on Thursday, February 13th. Citigroup upgraded Ecopetrol from a "neutral" rating to a "buy" rating and upped their target price for the company from $9.00 to $14.00 in a report on Tuesday. Finally, StockNews.com cut Ecopetrol from a "buy" rating to a "hold" rating in a report on Tuesday, November 26th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $10.38.
Check Out Our Latest Report on EC
Ecopetrol Company Profile
(
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Ecopetrol SA operates as an integrated energy company. The company operates through four segments: Exploration and Production; Transport and Logistics; Refining, Petrochemical and Biofuels; and Electric Power Transmission and Toll Roads Concessions. It engages in the exploration and production of oil and gas; transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels; processing and refining crude oil; distribution of natural gas and LPG; sale of refined and petrochemical products; supplying of electric power transmission services; design, development, construction, operation, and maintenance of road and energy infrastructure projects; and supplying of information technology and telecommunications services.
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