Investing.com - Ecopetrol ADR reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ecopetrol ADR announced earnings per share of $5.77K on revenue of $43,438B. Analysts polled by Investing.com anticipated EPS of $4.95K on revenue of $42,459.66B.
Ecopetrol ADR shares are down 48.09% from the beginning of the year, still down 48.46% from its 52 week high of $19.81 set on April 18.
Ecopetrol ADR follows other major Energy sector earnings this month
Ecopetrol ADR's report follows an earnings beat by Exxon Mobil on October 28, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on October 28 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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