UPDATE 2-Ecopetrol gas field could produce up to 30 mln cubic feet a day by 2026
EC Stock | USD 8.03 0.01 0.12% |
About 56% of Ecopetrol's investor base is looking to short. The analysis of overall sentiment of trading Ecopetrol SA ADR stock suggests that many investors are alarmed at this time. The current market sentiment, together with Ecopetrol's historical and current headlines, can help investors time the market. In addition, many technical investors use Ecopetrol SA ADR stock news signals to limit their universe of possible portfolio assets.
Ecopetrol |
The Arrecife gas field could produce between 20 million and 30 million cubic feet per day between 2025 and 2026, said Ricardo Roa, CEO of Colombias majority state-owned oil company Ecopetrol. The leftist government of President Gustavo Petro has come under pressure from industry groups urging it to ensure self-sufficiency in gas amid a pause in new exploration licenses. Arrecife very quickly will be able to give us between 5 and 10 million cubic feet per day, but surely between 2025 and 2026 it will be giving to the system between 20 and 30 million cubic feet per day, Roa told a gas conference in the city of Cartagena on Thursday.
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Ecopetrol SA ADR Current Investor Sentiment
Panic Vs Confidence
44
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Ecopetrol's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Ecopetrol SA ADR.
News SentimentBullish | Hype SentimentBearish | Insider SentimentWaiting |
Ecopetrol Investor Sentiment by Other News Outlets
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Ecopetrol SA ADR Historical Investor Sentiment
Investor biases related to Ecopetrol's public news can be used to forecast risks associated with an investment in Ecopetrol. The trend in average sentiment can be used to explain how an investor holding Ecopetrol can time the market purely based on public headlines and social activities around Ecopetrol SA ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Ecopetrol's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Ecopetrol and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Ecopetrol news discussions. The higher the estimate score, the more favorable the investor's outlook on Ecopetrol.
Ecopetrol Fundamental Analysis
We analyze Ecopetrol's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ecopetrol using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ecopetrol based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Working Capital
Working Capital Comparative Analysis
Ecopetrol is currently under evaluation in working capital category among its peers. Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
Ecopetrol SA ADR Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ecopetrol stock to make a market-neutral strategy. Peer analysis of Ecopetrol could also be used in its relative valuation, which is a method of valuing Ecopetrol by comparing valuation metrics with similar companies.
Peers
Ecopetrol Related Equities
TGS | Transportadora | 1.82 | ||||
YPF | YPF Sociedad | 1.49 | ||||
TTE | TotalEnergies | 1.45 | ||||
NFG | National Fuel | 0.80 | ||||
BP | BP PLC | 0.62 | ||||
CVE | Cenovus Energy | 0.38 | ||||
E | Eni SPA | 0.14 | ||||
SHEL | Shell PLC | 0.26 | ||||
PBR | Petroleo Brasileiro | 0.56 | ||||
EQNR | Equinor ASA | 0.78 | ||||
PBR-A | Petróleo Brasileiro | 0.84 |
Complementary Tools for Ecopetrol Stock analysis
When running Ecopetrol's price analysis, check to measure Ecopetrol's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ecopetrol is operating at the current time. Most of Ecopetrol's value examination focuses on studying past and present price action to predict the probability of Ecopetrol's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ecopetrol's price. Additionally, you may evaluate how the addition of Ecopetrol to your portfolios can decrease your overall portfolio volatility.
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