EC News and Press, Ecopetrol S.A. American Depositary Shares From 05/04/23

2023-05-04 09:30:00 ET Summary Gustavo Petro's government has vowed to cease issuing new exploration and drilling licenses to oil companies operating in Colombia. The majority state owned company is now in the hands of the president after the ousting of the previous board and CEO....

Ecopetrol announces the dates of the publication of its first quarter 2023 earnings report and conference calls PR Newswire BOGOTA, Colombia , May 2, 2023 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that on Tuesday, May 9 th , 2023...

2023-05-01 19:37:57 ET Petrobras ( NYSE: PBR ) has abandoned plans to sell its 44% stake in a promising offshore gas project it shares with Ecopetrol ( EC ) in Colombia, a company executive said Monday at a Houston energy conference. Petrobras ( PBR ) operates the Ta...

2023-04-29 20:15:00 ET Saudi Arabia and its partners opened the month by shocking global oil markets with their announced production cuts, but with Brent crude sinking below $78/bbl this week, the group's contention that the cuts were needed to prevent an oversupply looks prescient . ...

2023-04-25 14:10:29 ET Gainers: Simpson Manufacturing ( SSD ) +11% . Loop Industries ( LOOP ) +10% . Losers: Ecopetrol ( EC ) -15% . Mesabi Trust ( MSB ) -15% . CBL International ( BANL ) -13% . National Energy Services Reunited ( NESR...

2023-04-25 12:54:46 ET Ecopetrol ( NYSE: EC ) will invest in technology to increase oil production, new CEO Ricardo Roa said Tuesday, as the Colombian government sticks to a pledge to ban new drilling contracts. "From the environmental point of view, what is responsible is to no...

2023-04-25 09:04:56 ET TRACON Pharmaceuticals ( TCON ) -51% after I-Mab gets favorable ruling in arbitration. Appreciate Holdings ( SFR ) -26% . First Republic Bank ( FRC ) -22% after Q1 earning release . Netcapital ( NCPL ) -22% . T...

2023-04-21 08:00:00 ET Summary First Trust Indxx Global Natural Resources Income ETF holds 50 global stocks, mostly in materials and energy. The portfolio is quite concentrated in a few countries, industries and holdings. This fund may profit by inflation. Both price and d...

2023-04-19 00:46:39 ET Summary Colombia's Ecopetrol has had a positive month thanks to both company-specific developments and macroeconomic factors. Despite that, the share price has been flat since my previous report. I believe this sets up a favorable outlook for Ecopetrol s...

2023-04-17 05:06:00 ET Summary Heightened perception of risk associated with operating in Colombia weighing heavily on market value. Strong growth prospects including a transformational opportunity in offshore Guyana. Frontera remains heavily undervalued despite record 2022 re...