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4-Traders Homepage  >  Equities  >  BOLSA DE VALORES DE COLOMBIA  >  Ecopetrol SA    ECO   COC04PA00016

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Ecopetrol S.A. : Colombia Stocks Decline After Five-Day Rally; Peso Ends Flat

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05/03/2012 | 11:08pm CEST

BOGOTA (Dow Jones) -- Colombian stocks saw their five-session rally come to an end Thursday, while the peso ended flat against the dollar after climbing to a 10-month high earlier in the session.

The Colcap, which is the Colombian Stock Exchange's benchmark index, declined 0.1% to end at 1,812.08 points.

Shares of national oil company Ecopetrol (ECOPETROL.BO, EC) managed to hold on to its sharp gains from the previous session, ending the session unchanged at an all-time high of COP5,850. The oil company earlier this week announced a 28% increase in unconsolidated net income in the first quarter compared with the same quarter of 2011, to $2.5 billion.

Meanwhile, the Colombian peso ended at COP1,756.55 to the dollar, virtually unchanged from COP1,756.60 a day earlier, according to Set-FX. The peso reached COP1,751 in early-morning trading, its strongest intraday level since last July.

The yield on Colombia's peso-denominated bond due July 2024 closed at 7.045% after beginning the session at 7.070%. Yields have been declining for weeks due to lower consumer price inflation that's expected to continue trending lower.

-By Dan Molinski, Dow Jones Newswires; 57-310-867-6542; [email protected]

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Financials ( COP)
Sales 2017 53 910 B
EBIT 2017 13 006 B
Net income 2017 3 796 B
Debt 2017 42 909 B
Yield 2017 2,91%
P/E ratio 2017 14,15
P/E ratio 2018 8,12
EV / Sales 2017 1,85x
EV / Sales 2018 1,68x
Capitalization 56 741 B
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 9
Average target price 1 402  COP
Spread / Average Target 1,6%
EPS Revisions
Managers
NameTitle
Felipe Bayón Pardo President
Carlos Alfredo Cure Cure Chairman
María Fernanda Suárez Londoño Chief Financial Officer
Andrés Mantilla Vice President-Innovation & Technology
Jurgen Loeber Vice President-Engineering & Projects
Sector and Competitors
1st jan.Capitalization (M$)
ECOPETROL SA19 576
ROYAL DUTCH SHELL-4.44%248 711
PETROCHINA COMPANY LIMITED0.00%208 531
TOTAL-5.72%137 143
PETROLEO BRASILEIRO SA PETROBRAS5.38%66 798
STATOIL-1.64%66 020