Last $2,030 COP
Change Today -5.00 / -0.25%
Volume 10.7M
ECOPETL On Other Exchanges
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As of 3:59 PM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

ecopetrol sa (ECOPETL) Snapshot

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04/3/14 - $4,025
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12/16/14 - $1,750
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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 Reportedly Mulls Stake Sale in Invercolsa

Ecopetrol SA (BVC:ECOPETROL) is considering divesting its stake in Invercolsa, two people with knowledge of the matter said. Ecopetrol has sent teasers to potential buyers in order to solicit interest for its 43% stake in Invercolsa, according to one of the people. Ecopetrol’s market value is close to $33 billion. “Ecopetrol is evaluating various divestment options for non-strategic assets,” Mauricio Tellez, a spokesman for the company, said.

Ecopetrol Wins 27 Onshore Tanker Deals Worth COP 2 Trillion

Ecopetrol has awarded 27 onshore tanker deals worth COP 2 trillion ($855 million). The contracts, which will have a three-year term, were signed after an open process accompanied by the attorney general office.

Ecopetrol Opens New Piedecuesta Laboratory

Ecopetrol has opened a 540m2 laboratory for research into improved hydrocarbon recovery techniques. Located in Piedecuesta, in Santander department, the facility will be used for in situ air or fuel combustion experiments. The facility is in Latin America, and will simulate oil field-drilling conditions during production and exploration. In addition, the fully automated laboratory will enable testing to establish the key parameters for risk prevention during in situ oil extraction.


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