Crude oil prices have been busy this year, rallying from ~$70 at the start, to a high of $88 in early April. Prices have since fallen back to $78 today, where they seem to have found a balance.However, with the US economy remaining extremely robust, and structural dynamics limiting excess oil production, I believe there is a good chance we will have another leg higher in oil prices coming soon.I am watching this tight consolidation in the price action of crude oil between $77.90 and $79.60. I think a break ...

BOGOTA, Colombia, May 22, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" or the "Company") reports that between May 3, 2024 and May 9, 2024, the Company and its subsidiaries,  Cenit Transporte y Logística de Hidrocarburos S.A.S. ("CENIT") and Oleoducto Central S.A. ("Ocensa") were notified of Resolution No. 20884 of April 26, 2024, through which the Superintendency of Industry and Commerce (SIC) opened an investigation and formulated charges to determine alleged infringements to ...

BOGOTÁ, Colombia, May 21, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, as reported yesterday, May 20, 2024, the quorum required to hold the ordinary meeting of holders of Ecopetrol's bonds issued in 2010 and 2013 were not met. Such meetings had previously been called by Alianza Valores Fiduciaria S.A. and Itaú Fiduciaria Colombia S.A., as representatives of holders of the 2010 and 2013 bonds, respectively (the "Representatives").For the above reason, the Representatives have ...

BOGOTA, Colombia, May 20, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol") reports that on May 20, 2024, the ordinary meetings for bondholders of Ecopetrol's 2010 and 2013 local bonds were held, in accordance with the notices published on May 9, 2024 by Alianza Valores Fiduciaria S.A. and Itaú Fiduciaria Colombia S.A., as representatives of the 2010 bonds and the 2013 bonds, respectively, in a widely circulated newspaper.Itaú Fiduciaria Colombia S.A. held the meeting for bondhold ...

BOGOTA, Colombia, May 10, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that, in light of the statutory reform approved by its Shareholders' during their ordinary meeting held on March 22, 2024, its local bondholders are summoned to consider said reform, in compliance with Colombian regulations applicable to securities issuers, particularly Article 6.4.1.1.42 of Decree 2555 of 2010. For this purpose, Itaú Fiduciaria Colombia S.A. and Alianza Valores Fiduciaria S.A., entities acting ...

财务数据和关键指标变化 - 公司在第一季度实现收入31.3万亿哥伦比亚比索、EBITDA14.2万亿比索、净利润4.0万亿比索,ROCE达到11%,与年度目标一致 [8] - 主要影响因素包括汇率下降导致以比索计价的变量下降80%、El Nino现象导致成本上升、产品价差下降 [8][9] - 公司采取有效管理应收账款的措施,使燃料价格稳定基金的累积下降72% [9] - 公司于4月1日收到政府支付的7.8万亿比索,对应2023年第一季度的账款 [10] 各条业务线数据和关键指标变化 上游业务 - 公司第一季度实现产量741,000桶油当量/天,同比增加22,000桶,主要得益于子公司Permian的产量增加 [25][26] - 上游业务EBITDA为2.8万亿比索,占集团EBITDA的54%,单桶EBITDA为29.2美元,同比增长4% [30][31] - 单位提升成本为12.1美元/桶,剔除汇率等外部因素影响后为12美元/桶 [31] 管输业务 - 管输量增加28,000桶/天,主要由于Llanos地区原油产量增加和Barrancabermeja炼厂的Castilla Norte原油交付量增加 [32][33] - 管输业务收入近3.6万亿比索,EBITDA2.8万亿比索,占集团EBITDA的20% [33] 炼化业务 - 第一季度综合炼化负荷达428,000桶/天,炼厂可用率超过96% [34] - 综合炼厂毛利为14.8美元/桶,EBITDA为1.4万亿比索 [34] - 完成了Esenttia机械回收厂、Barrancabermeja炼厂新污水处理厂等多个重要项目 [35] 天然气和LPG业务 - 天然气和LPG产量占集团总产量的23%,市场份额65%,EBITDA为7,530亿比索 [37] - 通过能效优化措施,单位能源成本从3.03美元/桶降至2.5美元/桶 [38] - 完成了Cartagena炼厂22兆瓦太阳能电站的建设 [40] 公司战略和发展方向及行业竞争 - 公司正在加大在天然气和可再生能源领域的投资,以支持能源转型战略 [37][40][161][162][163] - 公司在巴西、美国等海外市场也在寻求增长机会,但主要集中在传统油气业务 [115][116][117][118][119][120][121] - 公司正在评估在委内瑞拉进口天然气的可能性,但需要解决相关法律和监管障碍 [78][79][80][81] 管理层对经营环境和未来前景的评论 - 公司面临汇率下降、成本上升、产品价差下降等不利因素,但通过提高运营效率和成本控制措施来应对 [8][9][59][60] - 公司有信心在2024年将产量提高至730,000-755,000桶油当量/天的目标范围内 [27][61] - 公司将继续执行2024年计划,保持技术和财务实力,推进2040战略 [62] 问答环节重要的提问和回答 问题1 **Rodrigo Almeida 提问** 询问公司在海外市场的并购和资本配置策略 [110][111][112][120] **Nicolás Azcuénaga Ramà rez 回答** 公司目前没有具体的并购计划,会继续系统性地评估各种机会,如有进展会及时披露 [121] 问题2 **Unidentified Analyst 提问** 询问公司维持较高现金余额的原因 [131] **Marà a Catalina Escobar Hoyos 回答** 部分现金来自子公司ISA,另外还需支付股利等,公司现金平衡处于正常水平 [132][133][134][135] 问题3 **Alejandro Sánchez 提问** 询问Orca Norte-1勘探结果的进展情况 [157] **Alberto Consuegra Granger 回答** 公司正在技术评估Orca Norte-1发现的天然气,预计在第二季度能给出更多信息 [158][159]

BOGOTA, Colombia, May 7, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol", the "Company", the "Ecopetrol Group", or the "Group") announced today the financial results of the Ecopetrol Group for the first quarter of 2024, prepared in accordance with International Financial Reporting Standards applicable in Colombia.We began 2024 with outcomes that highlight our operational prowess and our initiatives to achieve a fair energy transition. During the 1Q24, we navigated an environmen ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, May 1:Ecopetrol S.A. (EC) : This integrated energy company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.8% the last 60 days.This Zacks Rank #1 company has a dividend yield of 18.2%, compared with the industry average of 5%.The Western Union Company (WU) : This money movement and payment services provider has witnessed the Zacks Consensus Estimate for its current ye ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, May 1:International Consolidated Airlines Group (ICAGY) : This transportation company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.3% over the last 60 days.International Consolidated Airlines Group has a price-to-earnings ratio (P/E) of 4.71 compared with 7.90 for the industry. The company possesses a Value Score of A.Ecopetrol S.A. (EC) ...

BOGOTA, Colombia, April 26, 2024 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that the Board of Directors, at its meeting held on April 26, 2024, made the following appointments in property: 1. Felipe Trujillo López as Vice President Commercial and Marketing, effective as of this date. Dr. Trujillo has been in charge of this Vice-Presidency since January 20, 2024. He is an Industrial Engineer from Universidad Javeriana, specialist in Strategic Marketing from CESA and Master in Busines ...