Ultra Petroleum Corp., an independent oil and gas company, engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties. Its principal business activities are developing its natural gas reserves in the Green River Basin of southwest Wyomingthe Pinedale and Jonah fields; and its oil reserves in the Uinta Basin in northeast Utah. As of December 31, 2017, the company owned interests in approximately 112,000 gross acres in Wyoming. It also owns approximately 8,000 net acres in the Uinta Basin in Utah. The company was founded in 1979 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Crude petroleum & natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:UPL
Previous Symbol
CUSIPN/A
Phone281-876-0120
Debt
Debt-to-Equity RatioN/A
Current Ratio0.48
Quick Ratio0.42
Price-To-Earnings
Trailing P/E Ratio0.53
Forward P/E Ratio1.45
P/E GrowthN/A
Sales & Book Value
Annual Sales$891.87 million
Price / Sales0.24
Cash Flow$2.5476 per share
Price / Cash Flow0.42
Book Value($5.88) per share
Price / Book-0.18
Profitability
EPS (Most Recent Fiscal Year)$2.03
Net Income$177.14 million
Net Margins16.40%
Return on Equity-18.50%
Return on Assets12.92%
Miscellaneous
Employees166
Outstanding Shares197,050,000
Market Cap$210.85 million
OptionableOptionable
Ultra Petroleum (NASDAQ:UPL) Frequently Asked Questions
What is Ultra Petroleum's stock symbol?
Ultra Petroleum trades on the NASDAQ under the ticker symbol "UPL."
How were Ultra Petroleum's earnings last quarter?
Ultra Petroleum Corp (NASDAQ:UPL) issued its quarterly earnings data on Thursday, November, 8th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.02. The business had revenue of $203.78 million for the quarter, compared to analysts' expectations of $199.80 million. Ultra Petroleum had a negative return on equity of 18.50% and a net margin of 16.40%. View Ultra Petroleum's Earnings History.
When is Ultra Petroleum's next earnings date?
What price target have analysts set for UPL?
3 equities research analysts have issued 1 year price objectives for Ultra Petroleum's shares. Their forecasts range from $1.00 to $1.00. On average, they expect Ultra Petroleum's stock price to reach $1.00 in the next twelve months. This suggests that the stock has a possible downside of 6.5%. View Analyst Price Targets for Ultra Petroleum.
What is the consensus analysts' recommendation for Ultra Petroleum?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ultra Petroleum in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ultra Petroleum.
Has Ultra Petroleum been receiving favorable news coverage?
News articles about UPL stock have trended somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ultra Petroleum earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the company's share price in the next few days.
Are investors shorting Ultra Petroleum?
Ultra Petroleum saw a decrease in short interest in the month of November. As of November 15th, there was short interest totalling 24,571,942 shares, a decrease of 14.8% from the October 31st total of 28,847,057 shares. Based on an average daily volume of 3,705,346 shares, the days-to-cover ratio is presently 6.6 days. Approximately 12.8% of the company's stock are short sold. View Ultra Petroleum's Current Options Chain.
Who are some of Ultra Petroleum's key competitors?
Some companies that are related to Ultra Petroleum include Comstock Resources (CRK), W&T Offshore (WTI), Resolute Energy (REN), HighPoint Resources (HPR), NOSTRUM OIL & G/ADR (NSTRY), Dorchester Minerals (DMLP), Hess Midstream Partners (HESM), Bonanza Creek Energy (BCEI), Kimbell Royalty Partners (KRP), Chaparral Energy (CHAP), Earthstone Energy (ESTE), Halcon Resources (HK), SandRidge Energy (SD), Isramco (ISRL) and Eclipse Resources (ECR).
Who are Ultra Petroleum's key executives?
Ultra Petroleum's management team includes the folowing people:
- Mr. C. Bradley Johnson, Interim CEO & Director (Age 46)
- Mr. Garland R. Shaw, Sr. VP & CFO (Age 56)
- Mr. Garrett B. Smith, VP, Gen. Counsel & Corp. Sec. (Age 46)
- Mr. A. Kent Rogers, VP of Drilling & Completions (Age 61)
- Mr. J. Jay Stratton Jr., Chief Operating Officer
Who are Ultra Petroleum's major shareholders?
Ultra Petroleum's stock is owned by a number of of institutional and retail investors. Top institutional investors include Disciplined Growth Investors Inc. MN (7.77%), BlackRock Inc. (6.04%), Vanguard Group Inc. (4.84%), Old Bellows Partners LP (3.77%), Nokota Management LP (2.02%) and Nokota Management LP (2.02%).
Which institutional investors are selling Ultra Petroleum stock?
UPL stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Old Bellows Partners LP, AQR Capital Management LLC, Nokota Management LP, Nokota Management LP, Scoggin Management LP, Dimensional Fund Advisors LP and BlackRock Inc..
Which institutional investors are buying Ultra Petroleum stock?
UPL stock was purchased by a variety of institutional investors in the last quarter, including Disciplined Growth Investors Inc. MN, Ibex Investors LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Hsbc Holdings PLC, Paloma Partners Management Co and First Manhattan Co..
How do I buy shares of Ultra Petroleum?
Shares of UPL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ultra Petroleum's stock price today?
One share of UPL stock can currently be purchased for approximately $1.07.
How big of a company is Ultra Petroleum?
Ultra Petroleum has a market capitalization of $210.85 million and generates $891.87 million in revenue each year. The company earns $177.14 million in net income (profit) each year or $2.03 on an earnings per share basis. Ultra Petroleum employs 166 workers across the globe.
What is Ultra Petroleum's official website?
How can I contact Ultra Petroleum?
Ultra Petroleum's mailing address is 400 North Sam Houston Parkway East Suite1200, Houston TX, 77060. The company can be reached via phone at 281-876-0120 or via email at [email protected]
MarketBeat Community Rating for Ultra Petroleum (NASDAQ UPL)
MarketBeat's community ratings are surveys of what our community members think about Ultra Petroleum and other stocks. Vote "Outperform" if you believe UPL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UPL will underperform the S&P 500 over the long term. You may vote once every thirty days.
