| Ecopetrol is a vertically integrated oil company with a presence primarily in Colombia and with activities in Peru, Brazil, Mexico and the United States Gulf Coast. 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 two biofuel companies, Bioenergy S.A.S. and Ecodiesel Colombia S.A. We show 4 historical shares outstanding datapoints in our EC shares outstanding history coverage, used to compute EC market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EC market cap history over the course of time is important for investors
interested in comparing EC's market cap history versus its peers.
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,
and then calculating their respective market caps. Comparing the share price of EC versus a peer is one thing; comparing
EC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like EC can fluctuate over the course of history.
With this page we aim to empower investors researching EC by allowing them to research the EC market cap history.