Investing.com - Ecopetrol ADR reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ecopetrol ADR announced earnings per share of $-0.04 on revenue of $2.22B. Analysts polled by Investing.com anticipated EPS of $-0.03 on revenue of $2.42B.
Ecopetrol ADR shares are down 41.68% from the beginning of the year and are trading at $11.64 , down-from-52-week-high.They are under-performing 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 missed by Exxon Mobil on Friday, who reported EPS of $-0.7 on revenue of $32.61B, compared to forecasts EPS of $-0.61 on revenue of $38.16B.
Chevron had missed expectations on Friday with second quarter EPS of $-1.59 on revenue of $13.49B, compared to forecast for EPS of $-0.93 on revenue of $21.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar