EC
Ecopetrol Continues to Implement Monitoring and Protection Measures in Response to Cybersecurity Incident
Article Summary
HOLD- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) reported that latest analyses conducted regarding the cybersecurity incident and its effects indicate that the impact was limited exclusively to downloading of files, with no compromise to integrity of information identified despite external threat actor's attempts to destroy, delete, and/or encrypt data.
- The identities of users associated with the 3,300 accounts that were unlawfully infiltrated were not compromised, nor were any user access credentials captured.
- Ecopetrol SA ADR confirms that no compromise has been identified in transactional technology solutions within its digital ecosystem, those of subsidiaries, or those of its network of commercial and financial partners, suppliers, and customers.
- The operational activities of the Company and its Business Group continue without interruption, while efforts to monitor and address the Cybersecurity incident remain ongoing.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -6.1% | 25% | 0.0 ptsDeclining (-6.1%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 14.8% | 25% | 35.0 ptsBelow Screener (14.8%) - Modest outlook |
| Target Price Upside ? | 3.7% | 20% | 10.0 ptsNear/At Target (3.7%) - Target: $15.44 vs Current: $16.03 |
| Gross Margin % ? | 30.7% | 15% | 40.0 ptsModerate (30.7%) - Adequate margins |
| Drawdown from 52-Wk High ? | -9.7% | 15% | 20.0 ptsBarely a Dip (-9.7%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About EC
- Ecopetrol S.A. operates as an integrated energy company.
- It operates through four segments: Exploration and Production; Transport and Logistics; Refining and Petrochemicals; and Energy transmission and Toll Roads Concessions.
- The Exploration and Production segment engages in the exploration and production of oil and gas.
- The Transport and Logistics segment is involved in the transportation of crude oil, motor fuels, fuel oil, and other refined products, including diesel, jet, and biofuels.
- The Refining and Petrochemicals segment refines and processes crude oil at the Barrancabermeja and Cartagena refineries; and distributes natural gas and LPG.
- The energy Transmission and Toll Roads Concessions segment supplies transmission and information technology and telecommunications services, as well as designs, develops, constructs, operates, and maintains road and energy infrastructure projects.
- The company operates in Colombia, the United States, China, Brazil, India, Singapore and other Asian countries, Peru, Chile, Other South America countries, Central America and the Caribbean, and Europe.
- The company was formerly known as Empresa Colombiana de Petróleos and changed its name to Ecopetrol S.A. in June 2003.
- Ecopetrol S.A. was incorporated in 1948 and is based in Bogotá, Colombia.