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Ecopetrol Launches Market Maker Program to Boost Share Liquidity

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Ecopetrol Launches Market Maker Program to Boost Share Liquidity

Ecopetrol SA ( (EC) ) has issued an announcement.

Ecopetrol S.A. announced the commencement of its Market Maker program for its shares on the Colombian Stock Exchange, beginning March 3, 2025, with Andes Investment Group Inc., and starting March 14, 2025, with Valores Bancolombia S.A. Comisionista de Bolsa. This initiative aims to enhance trading conditions, price formation, and liquidity of its shares, thereby strengthening the Colombian capital market and generating value for shareholders.

More about Ecopetrol SA

Ecopetrol is the largest company in Colombia and a leading integrated energy company in the Americas, with over 19,000 employees. It is responsible for over 60% of Colombia’s hydrocarbon production and is a major player in transportation, logistics, and refining systems. The company also holds significant positions in petrochemicals, gas distribution, energy transmission, and telecommunications across several countries, including the United States, Brazil, Mexico, Chile, Peru, and Bolivia.

YTD Price Performance: 23.24%

Average Trading Volume: 2,628,953

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $20.7B

See more insights into EC stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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