Bear of the Day: Ecopetrol (EC)

From Nasdaq: 2025-06-03 04:00:00

Ecopetrol (EC) is a Colombian oil and gas company with operations in the US, Brazil, and Peru. Recently, the Trump administration announced plans to roll back oil drilling restrictions in Alaska, impacting global oil supply. However, Ecopetrol’s stock has shown weakness compared to the market and oil prices, with mounting debt and governance issues. With a Zacks Rank #5 (Strong Sell), caution is advised for investors. Looking for stocks set to double? Zacks Research Chief names a top financial firm with innovative solutions and a growing customer base as a potential winner, with high chances of significant gains in the coming months.



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