(Idea) Espriella Becomes The Next Colombian President, This Is Very Bullish For Colombian Oil Producers

Abelardo de la Espriella just won the Colombian presidential election. This is a major victory for oil producers in the country because Petro (the current president) has been very anti-oil. Jon Costello, our head of research, has documented in his Ecopetrol write-up, which I will share below.

Right off the top of my head, I would expect Colombian oil producers to benefit.

These names include: Parex Resources, Geopark, Fronterra, Gran Tierra, Ecopetrol, and New Stratus Energy.

In this report, you will see our individual write-ups on Parex, Geopark, and Ecopetrol.