ugurhan Investment Thesis Ecopetrol (NYSE:EC) is popular for its high dividends. It will likely remain that way as the company plans to increase oil and gas production by 2030. Compared to my initial research for my first article a year ago, the green rhetoric has been scaled back considerably. The strategy paper for 2040 suggests the focus will continue to be on fossil fuels. Yes, green projects and renewable energies are being built and promoted, but fossil fuels will remain the primary source of income f ...