May 19, 2022
Evolution of the share in Colombia
The Colombian Stock Exchange (BVC) showed an appreciation during 2021, in line with the better performance of the international crude oil prices. Brent increased 50% during the past year, going from levels of USD 52/bbl at the beginning of 2021 to USD 78/bbl at the end of the year, nevertheless, the COLCAP index, the main reference of BVC, had a 2% devaluation during 2021.
Ecopetrol’s share price closed the year at $2,690, with a 20% valuation. The share reached a 2021 high of $2,960 on October 15 and a low of $ 2,030, on January 29
Behavior of Ecopetrol’s share at BVC (figures in pesos)
Description |
Value |
---|---|
Price January 1, de 2021 |
2,245 |
Price December 31, de 2021 |
2,690 |
Average price |
2,513 |
Minimum price |
2,030 |
Maximum price |
2,960 |
Ecopetrol valuation |
20% |
COLCAP valuation |
-2% |
Source: Ecopetrol, Corporate Vice Presidency of Finance
Graphic. Ecopetrol share price in BVC (Colombian Pesos)
Source: Ecopetrol, Corporate Vice Presidency of Finance
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Evolution of ADR on the New York Stock Exchange
Ecopetrol’s ADR (American Depository Receipts) closed 2021 with a price of USD 12,89. Although O&G companies registered a good performance during 2021, the ADR showed a devaluation of -0.15%
The ADR reached a maximum of USD 15,69 on October 15 and a minimum of USD 11,38 on January 29
Table. Behavior of Ecopetrol’s ADR on the NYSE
Description |
Value |
---|---|
Price January 1 de 2021 |
12.91 |
Price December 31 de 2021 |
12.89 |
Average price |
13.39 |
Minimum price |
11.38 |
Maximum price |
15.69 |
ADR valuation |
0% |
S&P P500 Oil & Gas Valuation |
81% |
Source: Ecopetrol, Corporate Vice Presidency of Finance
Ecopetrol ADR price on the NYSE (Dollars)
Source: Ecopetrol, Corporate Vice Presidency of Finance