E Daily Stock Pick: Ecopetrol

A portfolio of stocks I've been building since September 3 is named Volio Folio. It will eventually hold 52 dividend dogs. Volio is the fifth portfolio I've built (at a one dividend dog per-week pace) since 2014. Five portfolios = V for Volio!

Today I'm reviewing the fifth of five energy stocks striving to be picked to join my Volio folio. This could be the eleventh pick for Volio!

That energy sector includes six industries all related to bringing oil and gas to the market. They are: drilling, exploration and production (E&P), equipment and services, integrated, midstream, refining & marketing.  (Yes, those are the six oily and gassy enterprises.)

My subject today is another large-cap oil & gas integrated company named, Ecopetrol SA Their trading ticker symbol is EC. This is my first report on Ecopetrol SA (EC).

Ecopetrol SA is a vertically integrated oil company with operations in Latin America and the United States Gulf Coast.

Based out of Colombia, the company explores, develops, and conducts production activities in various countries. Ecopetrol works as the primary operator or partner in a joint venture, in a host of assets held onshore and offshore.

Along with production, the company refines and markets crude oils and byproducts produced from its fields. Crude products are moved by Ecopetrol through a series of pipelines throughout Colombia, along with a network of third-party production centers and facilities.

Ecopetrol S.A. has strategic partnership with Occidental Petroleum Corporation.

The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003.

Ecopetrol S.A. was founded in 1948 and is based in Bogotá, Colombia.

I use three key data points to gauge dividend-paying equities or funds like Ecopetrol SA:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest, or not.

1 2
View single page >> |

Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.