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0 6.16438356164164E-05 4.7945205479462E-05 0.00052739726027396 0 0.0027397260273972 0.0027397260273972 0.0027397260273972
Stock impact report

Ecopetrol (EC) Price Target Raised to $13 Amid the Soaring Oil Prices [Yahoo! Finance]

Ecopetrol S.A. American Depositary Shares (EC) 
Company Research Source: Yahoo! Finance
With a workforce of over 18,000, Ecopetrol S.A. (NYSE:EC) is among the largest companies in Colombia and one of the leading integrated energy groups on the American continent. On March 12, HSBC analyst Lilyanna Yang increased the firm's price target on Ecopetrol S.A. (NYSE:EC) from $10 to $13, while maintaining a ‘Hold' rating on the shares. The revision comes as HSBC sees upside risks to oil prices amid the Middle East war, which has choked around a fifth of the global crude oil supply. As a result, the analyst firm upped its estimates for the Latin American oil companies, which can benefit strongly from the soaring prices. Ecopetrol S.A. (NYSE:EC) produced an average of 745,000 barrels per day in Q4 2025, accomplishing its target for FY 2025 and in line with the levels achieved in 2024. However, the company reported an average Brent crude price of $63.1 per barrel during the quarter, down from $74 per barrel in the same period in 2024. The lower crude prices were an important f Show less Read more
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