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EC

Ecopetrol

$8.24

-0.08 (-0.96%)

08:25
11/25/16
11/25
08:25
11/25/16
08:25

Ecopetrol publishes offering notice regarding third auction for shares of EEB

Ecopetrol hereby announces that on November 25, as established in the Offering Notice of Second Stage, the company published the offering notice regarding the third auction for the second stage of Ecopetrol's equity divestment plan for its shares in Empresa de Energia de Bogota S.A. E.S.P. in a newspaper widely circulated in Colombia. The third auction is part of the second stage of the equity divestment plan and the purpose is to offer publicly, in Colombia and/or abroad, the shares that were not acquired during the first and second auctions. The public offering will be conducted prior to the start of common stock trading in the Colombian Stock Exchange on December 6, 2016, in accordance with the provisions set forth in the Divestment Regulation and the applicable addenda.

EC Ecopetrol
$8.24

-0.08 (-0.96%)

03/08/16
DBAB
03/08/16
DOWNGRADE
Target $10
DBAB
Hold
Ecopetrol downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Alexander Burgansky downgraded Ecopetrol to Hold saying the company's improved efficiencies are now fully priced in with the stock up 46% in the past month. The analyst believes further share upside is limited. He raised his price target for the shares to $10 from $8.40.
07/07/16
MSCO
07/07/16
UPGRADE
MSCO
Equal Weight
Ecopetrol upgraded to Equal Weight from Underweight at Morgan Stanley
Morgan Stanley analyst Bruno Montanari upgraded Ecopetrol to Equal Weight and raised its price target to $9.50 from $6.50 citing valuation and higher oil prices.
09/09/16
TUDR
09/09/16
UPGRADE
TUDR
Hold
Ecopetrol upgraded to Hold from Sell at Tudor Pickering
11/17/16
TUDR
11/17/16
UPGRADE
TUDR
Hold
Ecopetrol upgraded to Hold from Sell at Tudor Pickering

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