Parex Resources and Ecopetrol Enter into Definitive Agreements to Explore Colombia's High-Potential Llanos Foothills Trend [Yahoo! Finance]
Ecopetrol S.A. American Depositary Shares (EC)
US:NYSE Investor Relations:
ecopetrol.com.co/wps/portal/web_es/ecopetrol-web/corporate-responsibility/sustainability/bank-of-best-practices/investors
Company Research
Source: Yahoo! Finance
S.A. (“Ecopetrol”), are pleased to announce that they have entered into definitive agreements to consolidate their position along the Llanos Foothills trend in alignment with current Colombian government objectives to secure gas supply and support energy transition initiatives. Parex and Ecopetrol are now strategically positioned with eight blocks, along with the creation of a mutual area of interest (“AMI”), to capitalize on the approximately 500-kilometer geological trend and explore for new sources of domestic gas and liquids. This trend boasts world-class discoveries at both ends, which cumulatively have produced over 1.4 million barrels of oil , and roughly 4 trillion cubic feet of natural gas , with the middle of the trend largely unexplored. The agreements signify progress in Parex's long-term gas strategy to pursue underexplored liquids-rich plays, which are within an area that has existing infrastructure that can be leveraged to accelerate exploration and development foll
Show less
Read more
Impact Snapshot
Event Time:
EC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EC alerts
High impacting Ecopetrol S.A. American Depositary Shares news events
Weekly update
A roundup of the hottest topics
EC
News
- Best Income Stocks to Buy for May 1st [Yahoo! Finance]Yahoo! Finance
- Best Value Stocks to Buy for May 1st [Yahoo! Finance]Yahoo! Finance
- Measures by Colombia stock exchange may allow it to stay in JPMorgan index -president [Yahoo! Finance]Yahoo! Finance
- Ecopetrol announces senior management changes [Yahoo! Finance]Yahoo! Finance
- Ecopetrol announces senior management changesPR Newswire
EC
Sec Filings
- 4/29/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/19/24 - Form F-3ASR
- EC's page on the SEC website