What is ecopetrol america? Ecopetrol America is responsible for the exploration and production of hydrocarbons in the US Gulf of Mexico contributing to the corporate goals set by the Ecopetrol Business Group in its 2030 Strategic Plan.How much of ecopetrol can a private company own? Whereas, no one private company will be permitted to own more than 3 percent of the Ecopetrol shares put out for sale, and pension funds, mutual funds and pension autonomous' Ecopetrol funds not be able to acquire any more than 15 percent, during the first two rounds.What is the business model of enecopetrol? Ecopetrol SA engages in the exploration, development, and production of crude oil and natural gas. It operates its business through the following segments: Exploration and Production; Transportation and Logistics; and Refining and Petrochemicals. The Exploration and Production segment deals with oil and gas exploration and production activities.Is now a good time to buy ecopetrol stock? Because of steep discounts to historical valuations and a track record of increasing production and revenue, now looks like a good time to get into Ecopetrol. Once an oil giant, Petrobras now smaller than Colombia's EcoPetrol.