Ecopetrol SA

  • Cashing In on South America’s Unconventional Oil Boom

    By Matt Smith - July 24, 2013 | Tickers: CAAEF.PK, CVX, EC, YPF

    What could be the world’s largest unconventional shale oil discovery -- Argentina’s Vaca Muerta, or “Dead Cow” -- has captured the interest of big oil and spurred a rash of unconventional oil exploration across South America. It is believed that this discovery alone holds up to 23 billion barrels of oil, and there could be further sizable discoveries to be made on the continent. This makes South America the next more »

  • 3 Latin American Companies Worth a Look

    By Robert Zimmerman - June 6, 2013 | Tickers: EC, ASR, LFL, PBR

    When thinking of emerging market investments, Brazilian oil giant Petrobras (NYSE: PBR) frequently comes to mind. With a $67 billion market cap, exciting deepwater prospects off the Brazilian coast, a PE of around 12 and a 6.6% dividend, Petrobras at first blush seems like an ideal investment.

    Unfortunately, the Brazilian government owns a controlling stake and government interests don’t always align with those of foreign investors. Production is more »

  • Why It's Time To Buy Ecopetrol

    By Matt Smith - May 29, 2013 | Tickers: CVX, EC, XOM, PBR

    For some time now Colombia’s Ecopetrol (NYSE: EC) and Brazil’s Petrobras (NYSE: PBR) have been battling it out to be Latin America’s largest company by market cap. It was in May 2012 when Ecopetrol’s market cap surpassed that of Petrobras, making it the largest company in Latin America. Since then both companies have seen their share prices dive--for the year to date Ecopetrol is down by more »

  • Finding Value in Colombia´s Oil Industry

    By Matt Smith - May 17, 2013 | Tickers: EC, PEGFF, PMGLF

    Share prices for the three largest participants in Colombia´s oil industry have crashed since the start of 2013, because of a diminishing appetite for economic and political risk among investors. This has caused a flight to safety, with investors preferring companies with high quality assets in low risk locations, despite growing signs that Colombia´s internal conflict and the greatest constraint on the growth of its oil industry may more »

  • Buy These 5 Oil Majors Yielding 5%

    By Mark Yagalla - May 9, 2013 | Tickers: BP, SNP, EC, RDS-B, TOT

    As dividend investors know, the most important thing is the likelihood of the dividend continuing. With government bonds yielding next to nothing, there's no better place for income investors to be than in owning major oil companies. Here I've identified 5 that offer investors yields above 5%.

    Ecopetrol SA (NYSE: EC)

    Dividend Yield: ~5.90%

    Ecopetrol is the largest oil company in Colombia. It is one of the more »

  • Now Is the Time to Invest in Colombia

    By Matt Smith - May 7, 2013 | Tickers: CIB, EC, GXG, COLX

    Over the last decade Colombia has been one of Latin America´s economic miracles, with the country going from teetering on the edge of becoming a failed state to becoming the region´s fourth largest economy and third largest oil producer. This dramatic change has not come easily, and began with the security crackdown introduced by former President Uribe in 2002 and the deregulation of the economy, while introducing an more »

  • Latin America's Oil Industry: A Review

    By Damian Illia - May 2, 2013 | Tickers: EC, PBR, YPF

    Crude has lost $9 a barrel since the beginning of the month, mainly because of disappointing reports highlighting slower growth in China and still-sluggish growth in the U.S. and elsewhere, while oil supplies remained high. At the same time, investors sold off gold, silver and other commodities, and looked to the stock market for better returns. Last week, the stock market had a volatile week as many investors traded more »

  • This Oil Giant Is Cheap: Should You Buy?

    By Federico Zaldua - April 24, 2013 | Tickers: EC, PBR, STO

    Petrobras Brazil (NYSE: PBR) is cheap against comparable state controlled oil companies such as Colombia's Ecopetrol (NYSE: EC) and Norway's Statoil (NYSE: STO).  Below I post six reasons to explain why you should consider including Petrobras within your portfolio.

    1) This month Petrobras will receive the bids for the Brazilian portion of its farm-out process.  Assets such as Xerelete, Maromba and BC-10 should be in the package. Analysts more »

  • Income and Value Seekers Can't Miss This Opportunity

    By Nathan Kirykos - April 23, 2013 | Tickers: EC, PRE, PMG, TLM

    As Warren Buffett has said, "The markets have a tendency to overshoot at both ends." This is the case for Petrominerales (TSX: PMG), which has a stock price that has tumbled lately, falling 40% since early 2013. Dry holes are part of the game for any explorer, and Petrominerales has hit enough of them in the last months. The company has been unable to establish a meaningful production improvement, and more »

  • Petrominerales Is A Must Both For The Income And The Value Seekers

    By Nathan Kirykos - April 18, 2013 | Tickers: EC, PRE, PMG, TLM

    Warren Buffett has said: "The markets have a tendency to overshoot at both ends". This is the case for Petrominerales (TSX: PMG) whose stock price has tumbled lately. The dry holes are part of the game for any explorer, and Petrominerales has hit enough of them during the last months. Eventually, the company has been unable to establish a meaningful production improvement, and the stock has been murdered.

    Looking beyond more »

  • Is Latin American Energy Worth the Risk?

    By Joshua Bondy - February 7, 2013 | Tickers: EC, PBR, YPF

    In the world of emerging-market investments, Latin America is commonly an after-thought. The region has many undeveloped fields, and nations who desperately want energy royalty payments. Without foreign assistance, many nations are simply unable to develop their resources. The continent is complex, but investors who are willing to examine and value the risks can find good deals.

    A Quick History Lesson

    The culture in Latin countries is very relational and more »

  • Colombia: A Hot New Energy Destination

    By Maxwell Fisher - December 26, 2012 | Tickers: APC, EC, XOM, MRO, RDS-A

    If you are looking for the most stable energy company to invest in at the moment, look no further than Anadarko Petroleum (NYSE: APC). The company recently announced that it would partner with Colombia's Ecopetrol (NYSE: EC) to explore in the Caribbean Sea. The fact that Anadarko has decided to partner with Ecopetrol in a country that is one of the most promising oil and gas producing nations in more »

  • A Tale of Two Colombias

    By Nick Slepko - December 6, 2012 | Tickers: CIB, EC, GXG, COLX, EMLC

    After spending over half a century pioneering commodities and other global investments, Van Eck Global has spent the last several years developing exchange-traded products and become the fifth largest ETP provider in the US (and the eighth largest worldwide).  Building off their experience developing USD 25 billion in ETFs, their Market Vectors team discusses their reasoning and outlook on the future of frontier and emerging market opportunities.

    Nick Slepko more »

  • This Company's Big Plans Belie Needed Changes

    By Peter Pham - December 5, 2012 | Tickers: COP, EC, XOM, PSX, PIN

    India’s leading oil explorer, Oil and Natural Gas Corp (ONGC), which has a significant representation in the PowerShares India ETF (NYSEMKT: PIN), has decided to purchase ConocoPhillips’s (NYSE: COP) 8.4% stake in the Kashagan, Kazakhstan oil field for ~$5 billion in a deal the company hopes will increase its output to fuel India’s growing economy. 

    The Kashagan oil field has 30 billion barrels of oil out more »

  • Your Latin American Oil Watchlist

    By Federico Zaldua - November 21, 2012 | Tickers: EC, PBR, YPF

    In my array of posts about Latin American stocks I would like to make a special post on the biggest Latin American state-controlled oil companies that currently trade on the NYSE. The boards of these three companies are controlled by their respective government, all of them have world class reserves, are leaders in the local downstream market, and operate in high growth countries. The three companies are the Colombian Ecopetrol more »

  • Colombia Operations Make This A Lucrative Oil Pick

    By Jordo Bivona - October 30, 2012 | Tickers: EC, XOM, OXY, RDS-A

    It is becoming evident that Occidental Petroleum (NYSE: OXY) produces lesser crude oil than it used to a decade ago, in Colombia. The company states that it has so far drilled more than 1 billion barrels of oil and that it will continue to keep its oil fields in Cano Limon operational. In fact, it was this oil field that helped Colombia to appear on the world oil map, and more »

  • Look To Anadarko for Short-Term Gains

    By Maxwell Fisher - July 24, 2012 | Tickers: APC, APA, EC, TOT

    Anadarko Petroleum (NYSE: APC) is, as usual, pulling ahead of the competition on a spate of good news. The news includes, yet again, a major Anadarko discovery in deep water, where I think it’s safe to say the firm is now an international leader. This, combined with the potential settlement of a major lawsuit that was anchoring Anadarko’s stock, is pointing the way towards an excellent second quarter more »

  • The Global Oil Industry and Resource Nationalism

    By Tony Daltorio - April 19, 2012 | Tickers: EC, XOM, PBR, YPF

    As detailed in a previous article, the government of Argentina – led by its president, Cristina Fernandez – has nationalized its largest oil company, YPF (NYSE: YPF). In the process, it expropriated 51 percent of the shares held by the majority holder, Spain's Repsol. Before the nationalization, the Spanish company had been trying to sell its shares to a Chinese company which was rumored to be Sinopec. 

    So what does this more »

  • 4 Energy Dividend Stocks I Like, 1 I'd Avoid

    By Christopher French - February 16, 2012 | Tickers: COP, ECT, EC, STR, TOT

    Energy stocks have been heating up recently due to the prospect of rising oil and gas prices in light of political tensions with Iran and the need for Iran’s largest customers to look elsewhere for their energy needs if an embargo is put in place by the European Union. Energy companies with few to no interests in the Middle East stand to gain the most as the demand for more »