Overview
Description
Ecopetrol S.A. Sponsored ADR represents one of the primary vehicles for international investors to access shares of Ecopetrol S.A., Colombia's largest integrated oil company. As a sponsored American Depositary Receipt (ADR), it provides a convenient way for U.S. investors to own a stake in this leading energy firm without dealing with the complexities of purchasing shares directly on Colombia's stock exchange. Ecopetrol S.A. plays a crucial role in the exploration, production, refining, and transportation of petroleum across Colombia, making it a significant player in the global oil and gas industry. The ADR allows investors to benefit from Colombia's energy sector developments and the company's strategies for sustainable growth and innovation in energy extraction and processing. Positioned as Colombia's state-owned enterprise, Ecopetrol engages in essential services that influence both domestic and regional economies, supporting energy infrastructure and development. With its commitment to advancing in oil and gas operations, Ecopetrol S.A. Sponsored ADR carries profound implications for global energy markets and international trade dynamics, while providing a streamlined means for diversification into emerging market energy stocks.
About
CEO
Engineer Héctor Manosalva Rojas
Employees
18903
Address
Carrera 13 No. 36 – 24
Bogotá
Bogotá
Phone
57 310 315 8600
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Integrated
Country
Germany
MIC code
XDUS