Investing.com - Ecopetrol ADR reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ecopetrol ADR announced earnings per share of 1992.01 on revenue of 19,444B. Analysts polled by Investing.com anticipated EPS of 1851.52 on revenue of 20,739.77B.
Ecopetrol ADR shares are up 3.72% from the beginning of the year, still down 12.74% from its 52 week high of 15.35 set on July 2. They are outperforming the EUR/USD which is down 0% from the start of the year.
Ecopetrol ADR follows other major Energy sector earnings this month
Ecopetrol ADR's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of 1.1 on revenue of 67.74B, compared to forecasts EPS of 1.01 on revenue of 64.64B.
Chevron had beat expectations on Friday with second quarter EPS of 1.71 on revenue of 37.6B, compared to forecast for EPS of 1.59 on revenue of 36.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar