On the stock market since 2008, it operates in the world of energy. It has 28,197 employees. Now — the numbers.
This is an established company with proven profits.
No real growth (5% a year).
The gap is $96.6T. In times of high interest rates, a gap like that can squeeze a company.
The stock trades 25% below its peak. The market has trimmed its expectations for the company.
It pays out $0.65 per share each year — regular cash for whoever holds the stock.
Over the last 3 years, sales fell about 11% a year on average. Profit is holding up, but a shrinking business is a risk worth watching.
The stock trades 12% above the average analyst price target.
On our five-subject report card, EC sits in the middle of the class: some subjects shine, others don’t. The grade moves as the numbers move.
The takeaway: EC is an established business that has proven its profits for years. The real debate isn’t the quality of the business — it’s whether the price paid for the stock is too high.