Ecopetrol SA Q3 2024 Earnings Call Highlights Record Production and Strategic Investments ...
| EC Stock | USD 8.45 0.18 2.09% |
About 62% 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 |
Revenue COP98.5 trillion for the first nine months of 2024.EBITDA COP42.3 trillion with a margin of 43.Net Income COP11 trillion, normalized to COP16 trill
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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.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Ecopetrol is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
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
| CVE | Cenovus Energy | 1.48 | ||||
| TTE | TotalEnergies | 0.81 | ||||
| E | Eni SPA | 0.70 | ||||
| NFG | National Fuel | 0.54 | ||||
| SHEL | Shell PLC | 0.41 | ||||
| BP | BP PLC | 0.28 | ||||
| PBR | Petroleo Brasileiro | 0.44 | ||||
| EQNR | Equinor ASA | 0.56 | ||||
| PBR-A | Petrleo Brasileiro | 1.13 | ||||
| TGS | Transportadora | 2.48 | ||||
| YPF | YPF Sociedad | 2.53 |
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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