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Ecopetrol (EC) Outperforms Broader Market: What You Need to Know
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In the latest close session, Ecopetrol (EC - Free Report) was up +2.38% at $16.56. The stock's performance was ahead of the S&P 500's daily gain of 0.37%. Meanwhile, the Dow experienced a drop of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.83%.
The stock of oil and natural gas exploration company has fallen by 6.26% in the past month, lagging the Oils-Energy sector's gain of 1.56% and the S&P 500's loss of 2.29%.
Investors will be eagerly watching for the performance of Ecopetrol in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 10, 2026. The company's earnings per share (EPS) are projected to be $0.62, reflecting a 100% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $9.75 billion, up 30.69% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.51 per share and a revenue of $38.79 billion, signifying shifts of +99.21% and +31.06%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Ecopetrol. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 20.72% rise in the Zacks Consensus EPS estimate. Ecopetrol is currently a Zacks Rank #1 (Strong Buy).
With respect to valuation, Ecopetrol is currently being traded at a Forward P/E ratio of 6.46. For comparison, its industry has an average Forward P/E of 7.31, which means Ecopetrol is trading at a discount to the group.
Also, we should mention that EC has a PEG ratio of 1.59. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Oil and Gas - Integrated - International industry was having an average PEG ratio of 0.62.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 10, this industry ranks in the top 5% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
View the Zacks #1 Rank List
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Ecopetrol (EC) Outperforms Broader Market: What You Need to Know
In the latest close session, Ecopetrol (EC - Free Report) was up +2.38% at $16.56. The stock's performance was ahead of the S&P 500's daily gain of 0.37%. Meanwhile, the Dow experienced a drop of 0.38%, and the technology-dominated Nasdaq saw an increase of 0.83%.
The stock of oil and natural gas exploration company has fallen by 6.26% in the past month, lagging the Oils-Energy sector's gain of 1.56% and the S&P 500's loss of 2.29%.
Investors will be eagerly watching for the performance of Ecopetrol in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 10, 2026. The company's earnings per share (EPS) are projected to be $0.62, reflecting a 100% increase from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $9.75 billion, up 30.69% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.51 per share and a revenue of $38.79 billion, signifying shifts of +99.21% and +31.06%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Ecopetrol. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been a 20.72% rise in the Zacks Consensus EPS estimate. Ecopetrol is currently a Zacks Rank #1 (Strong Buy).
With respect to valuation, Ecopetrol is currently being traded at a Forward P/E ratio of 6.46. For comparison, its industry has an average Forward P/E of 7.31, which means Ecopetrol is trading at a discount to the group.
Also, we should mention that EC has a PEG ratio of 1.59. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. As the market closed yesterday, the Oil and Gas - Integrated - International industry was having an average PEG ratio of 0.62.
The Oil and Gas - Integrated - International industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 10, this industry ranks in the top 5% of all industries, numbering over 250.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.