Ecopetrol is a vertically integrated oil and gas company with a presence primarily in Colombia and with activities in the U.S., Brazil and Mexico. Co. operates in the following business segments: Exploration and Production, which includes exploration, development and production activities in Colombia and abroad; Transport and Logistics, which includes the transportation of crude oil, motor fuels, fuel oil and other refined products including diesel, jet and biofuels; and Refining, Petrochemical, and Biofuels, which includes its Barrancabermeja refinery and Cartagena refinery, as well as its investments in a biofuel company, Ecodiesel Colombia S.A. We show 4 historical shares outstanding datapoints in our coverage of EC's shares outstanding history.
Understanding the changing numbers of EC shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like EC versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching EC by allowing them to research EC shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
