Ultra Petroleum Corp Company Profile (NYSE:UPL)

About Ultra Petroleum Corp (NYSE:UPL)

Ultra Petroleum Corp logoUltra Petroleum Corp. (Ultra) is an oil and gas company. The Company is engaged in the development, production, operation, exploration and acquisition of oil and natural gas properties. Its principal business activities are developing its natural gas reserves in the Green River Basin of southwest Wyoming-the Pinedale and Jonah fields, its oil reserves in the Uinta Basin in northeast Utah and its natural gas reserves in the north-central Pennsylvania area of the Appalachian Basin. The Company conducts its operations in the United States. The Company focuses on sands of the upper Cretaceous Lance Pool in the Pinedale and Jonah fields. The Lance Pool includes sands of the Lance formation at depths between approximately 8,000 and 12,000 feet and the Mesaverde formation at depths between approximately 12,000 and 14,000 feet. As of December 31, 2016, the Company owned oil and natural gas leases totaling approximately 105,000 gross (69,000 net) acres in southwest Wyoming's Green River Basin.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Independent Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:UPL
  • CUSIP: 90391410
  • Web: www.ultrapetroleum.com/
Capitalization:
  • Market Cap: $1.55 billion
  • Outstanding Shares: 180,964,000
Average Prices:
  • 50 Day Moving Avg: $8.41
  • 200 Day Moving Avg: $10.14
  • 52 Week Range: $7.37 - $13.60
P/E:
  • Trailing P/E Ratio: 1.93
  • Foreward P/E Ratio: 4.80
  • P/E Growth: 0.20
Sales & Book Value:
  • Annual Revenue: $763.81 million
  • Price / Sales: 2.04
  • Book Value: ($5.20) per share
  • Price / Book: -1.65
Profitability:
  • EBIDTA: $551.97 million
  • Net Margins: -15.95%
  • Return on Assets: -9.33%
Misc:
  • Average Volume: 2.92 million shs.
  • Short Ratio: 12.95
 

Frequently Asked Questions for Ultra Petroleum Corp (NYSE:UPL)

What is Ultra Petroleum Corp's stock symbol?

Ultra Petroleum Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "UPL."

How were Ultra Petroleum Corp's earnings last quarter?

Ultra Petroleum Corp (NYSE:UPL) released its quarterly earnings results on Wednesday, August, 9th. The company reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.38 by $0.10. The company earned $212.66 million during the quarter, compared to analyst estimates of $226.80 million. View Ultra Petroleum Corp's Earnings History.

When will Ultra Petroleum Corp make its next earnings announcement?

Ultra Petroleum Corp is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Ultra Petroleum Corp.

Where is Ultra Petroleum Corp's stock going? Where will Ultra Petroleum Corp's stock price be in 2017?

2 brokers have issued 1 year target prices for Ultra Petroleum Corp's shares. Their predictions range from $14.00 to $14.00. On average, they expect Ultra Petroleum Corp's share price to reach $14.00 in the next twelve months. View Analyst Ratings for Ultra Petroleum Corp.

Who are some of Ultra Petroleum Corp's key competitors?

Who are Ultra Petroleum Corp's key executives?

Ultra Petroleum Corp's management team includes the folowing people:

  • Michael D. Watford, Chairman of the Board, President, Chief Executive Officer
  • Garland R. Shaw, Chief Financial Officer, Senior Vice President
  • C. Bradley Bradley Johnson, Senior Vice President - Operations
  • Garrett B. Smith, Vice President, General Counsel, Corporate Secretary
  • Patrick Ash, Vice President - Development
  • A. Kent Rogers, Vice President - Drilling and Completions
  • William Charles Helton, Lead Independent Director
  • Neal P. Goldman, Director
  • Alan J. Mintz, Director
  • Roger Allen Brown J.D., Independent Director

Who owns Ultra Petroleum Corp stock?

Ultra Petroleum Corp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (6.50%), PointState Capital LP (2.66%), Numeric Investors LLC (1.98%), Northern Trust Corp (1.67%), Harris Associates L P (1.49%) and State Street Corp (1.26%). View Institutional Ownership Trends for Ultra Petroleum Corp.

Who bought Ultra Petroleum Corp stock? Who is buying Ultra Petroleum Corp stock?

Ultra Petroleum Corp's stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., PointState Capital LP, Numeric Investors LLC, Northern Trust Corp, Harris Associates L P, State Street Corp, First Manhattan Co. and Grosvenor Capital Management L.P.. View Insider Buying and Selling for Ultra Petroleum Corp.

How do I buy Ultra Petroleum Corp stock?

Shares of Ultra Petroleum Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ultra Petroleum Corp's stock price today?

One share of Ultra Petroleum Corp stock can currently be purchased for approximately $8.59.


MarketBeat Community Rating for Ultra Petroleum Corp (NYSE UPL)
Community Ranking:  1.0 out of 5 (star)
Outperform Votes:  99 (Vote Outperform)
Underperform Votes:  385 (Vote Underperform)
Total Votes:  484
MarketBeat's community ratings are surveys of what our community members think about Ultra Petroleum Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ultra Petroleum Corp (NYSE:UPL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $14.00 (62.98% upside)

Analysts' Ratings History for Ultra Petroleum Corp (NYSE:UPL)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/29/2017KLR GroupInitiated CoverageBuy -> Buy$14.00 -> $14.00MediumView Rating Details
6/12/2017Stifel NicolausUpgradeHold -> BuyMediumView Rating Details
4/28/2016Ladenburg Thalmann Financial ServicesDowngradeBuy -> Neutral$15.00 -> $1.50N/AView Rating Details
2/21/2016Sterne Agee CRTReiterated RatingNeutral$0.65N/AView Rating Details
2/19/2016Johnson RiceDowngradeAccumulate -> HoldN/AView Rating Details
2/18/2016Drexel HamiltonInitiated CoverageHoldN/AView Rating Details
1/25/2016Tudor PickeringDowngradeSellN/AView Rating Details
1/21/2016NomuraLower Price TargetNeutral$9.00 -> $2.00N/AView Rating Details
1/4/2016Raymond James Financial, Inc.DowngradeMarket Perform -> UnderperformN/AView Rating Details
12/9/2015J P Morgan Chase & CoInitiated CoverageUnderweightN/AView Rating Details
12/8/2015Barclays PLCLower Price TargetUnderweight$5.00 -> $2.00N/AView Rating Details
10/30/2015Royal Bank Of CanadaLower Price Target$10.00 -> $9.00N/AView Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History for Ultra Petroleum Corp (NYSE:UPL)
Earnings by Quarter for Ultra Petroleum Corp (NYSE:UPL)
Earnings History by Quarter for Ultra Petroleum Corp (NYSE UPL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017($0.30)N/AView Earnings Details
8/9/2017Q2 2017$0.38$0.28$226.80 million$212.66 millionViewListenView Earnings Details
5/3/2017Q1$1.49$220.96 millionViewListenView Earnings Details
2/18/2016Q415($0.16)($0.25)$209.68 million$189.30 millionViewListenView Earnings Details
10/29/2015Q315$0.17$0.21$249.32 million$225.50 millionViewListenView Earnings Details
7/30/2015Q215$0.19$0.21$245.36 million$427.30 millionViewListenView Earnings Details
4/30/2015Q115$0.05$0.14$242.04 million$219.30 millionViewN/AView Earnings Details
2/19/2015Q414$0.51$0.62$317.23 million$319.05 millionViewN/AView Earnings Details
10/30/2014Q314$0.53$0.53$282.64 million$288.60 millionViewN/AView Earnings Details
7/31/2014Q214$0.53$0.52$275.60 million$296.10 millionViewN/AView Earnings Details
5/1/2014Q114$0.66$0.70$290.60 million$326.30 millionViewN/AView Earnings Details
2/20/2014Q413$0.38$0.42$228.50 million$225.20 millionViewN/AView Earnings Details
11/1/2013Q313$0.35$0.37$220.65 million$221.20 millionViewN/AView Earnings Details
8/2/2013Q2 2013$0.42$0.47$234.98 million$436.99 millionViewListenView Earnings Details
5/3/2013Q1 2013$0.27$0.38$211.45 million$225.63 millionViewListenView Earnings Details
2/15/2013Q4 2012$0.51$0.51$261.43 million$217.10 millionViewListenView Earnings Details
11/1/2012Q312$0.51$0.64$274.26 millionViewN/AView Earnings Details
8/2/2012$0.32$0.36ViewN/AView Earnings Details
5/3/2012$0.30$0.32ViewN/AView Earnings Details
2/16/2012$0.63$0.58ViewN/AView Earnings Details
11/4/2011$0.66$0.72ViewN/AView Earnings Details
5/6/2011$0.58$0.57ViewN/AView Earnings Details
2/18/2011$0.54$0.50ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ultra Petroleum Corp (NYSE:UPL)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20171($0.07)($0.07)($0.07)
Q4 20171($0.02)($0.02)($0.02)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Ultra Petroleum Corp (NYSE:UPL)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Ultra Petroleum Corp (NYSE:UPL)
Insider Trades by Quarter for Ultra Petroleum Corp (NYSE:UPL)
Institutional Ownership by Quarter for Ultra Petroleum Corp (NYSE:UPL)
Insider Trades by Quarter for Ultra Petroleum Corp (NYSE:UPL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/1/2017Fir Tree Inc.Major ShareholderBuy100,000$8.00$800,000.00View SEC Filing  
8/31/2017Fir Tree Inc.Major ShareholderBuy1,323,900$7.81$10,339,659.00View SEC Filing  
8/28/2017Fir Tree Inc.Major ShareholderBuy1,549,899$7.85$12,166,707.15View SEC Filing  
8/23/2017Fir Tree Inc.Major ShareholderBuy3,044,821$8.16$24,845,739.36View SEC Filing  
4/1/2013Garland R ShawVPBuy3,000$19.47$58,410.00View SEC Filing  
3/12/2013Marshall D SmithCFOBuy1,000$19.01$19,010.00View SEC Filing  
3/8/2013Marshall D SmithCFOBuy2,000$18.49$36,980.00View SEC Filing  
3/4/2013Garland R ShawVPBuy3,000$16.20$48,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Ultra Petroleum Corp (NYSE:UPL)
Latest Headlines for Ultra Petroleum Corp (NYSE:UPL)
Source:
DateHeadline
finance.yahoo.com logoUltra Petroleum Releases FY17 Operational & Financial Updates
finance.yahoo.com - September 23 at 10:37 AM
finance.yahoo.com logoUltra Petroleum Responds to Make-Whole Ruling
finance.yahoo.com - September 23 at 10:37 AM
finance.yahoo.com logo[$$] Randles's Take: Ultra Petroleum Told to Pony Up Bankruptcy Penalty
finance.yahoo.com - September 23 at 10:37 AM
americanbankingnews.com logoFinancial Contrast: Midstates Petroleum (MPO) versus Ultra Petroleum Corp (UPL)
www.americanbankingnews.com - September 22 at 4:08 AM
americanbankingnews.com logoHead to Head Review: Ultra Petroleum Corp (UPL) and Midstates Petroleum (MPO)
www.americanbankingnews.com - September 20 at 4:14 PM
streetinsider.com logoUltra Petroleum (UPL) Offers Operational and Financial Update
www.streetinsider.com - September 20 at 10:41 AM
finance.yahoo.com logoUltra Petroleum Corp. -- Moody's says Ultra Resources' ratings are not affected by $175mm incremental term loan
finance.yahoo.com - September 20 at 10:41 AM
seekingalpha.com logoFir Tree to pursue strategic alternatives for Ultra Petroleum
seekingalpha.com - September 19 at 9:07 AM
streetinsider.com logoUltra Petroleum (UPL) Largest Shareholder Fir Tree Partners to Pursue Strategic Alternatives for UPL
www.streetinsider.com - September 19 at 9:07 AM
finance.yahoo.com logoUltra Petroleum Provides Operational and Financial Update
finance.yahoo.com - September 19 at 9:07 AM
reuters.com logoBRIEF-Fir Tree to pursue strategic alternatives for Ultra Petroleum Corp.
www.reuters.com - September 18 at 7:41 AM
finance.yahoo.com logoFir Tree Partners Announces Intention to Pursue Value-Maximizing Strategic Alternatives for Ultra Petroleum Corp.
finance.yahoo.com - September 18 at 7:41 AM
americanbankingnews.com logoUltra Petroleum Corp (UPL) versus Midstates Petroleum (MPO) Head-To-Head Analysis
www.americanbankingnews.com - September 16 at 12:24 PM
finance.yahoo.com logoETFs with exposure to Ultra Petroleum Corp. : September 15, 2017
finance.yahoo.com - September 15 at 8:39 PM
finance.yahoo.com logoUltra Petroleum Corp. :UPL-US: Earnings Analysis: Q2, 2017 By the Numbers : September 14, 2017
finance.yahoo.com - September 15 at 10:47 AM
americanbankingnews.com logoReviewing Midstates Petroleum (MPO) & Ultra Petroleum Corp (UPL)
www.americanbankingnews.com - September 11 at 4:38 PM
americanbankingnews.com logoInsider Buying: Ultra Petroleum Corp (UPL) Major Shareholder Buys 100,000 Shares of Stock
www.americanbankingnews.com - September 5 at 10:26 PM
americanbankingnews.com logoFinancial Analysis: Stone Energy Corporation (SGY) versus Ultra Petroleum Corp (UPL)
www.americanbankingnews.com - September 1 at 12:28 AM
americanbankingnews.com logoUltra Petroleum Corp (UPL) Major Shareholder Purchases $10,339,659.00 in Stock
www.americanbankingnews.com - August 31 at 10:22 PM
nasdaq.com logoUltra Petroleum (UPL) Shares Enter Oversold Territory - Nasdaq
www.nasdaq.com - August 29 at 9:18 AM
americanbankingnews.com logoUltra Petroleum Corp (UPL) Coverage Initiated at KLR Group
www.americanbankingnews.com - August 29 at 8:40 AM
americanbankingnews.com logoUltra Petroleum Corp (UPL) Major Shareholder Purchases $12,166,707.15 in Stock
www.americanbankingnews.com - August 28 at 7:20 PM
americanbankingnews.com logoUltra Petroleum Corp (UPL) Major Shareholder Fir Tree Inc. Buys 3,044,821 Shares
www.americanbankingnews.com - August 23 at 7:20 PM
americanbankingnews.com logoCritical Contrast: Goodrich Petroleum Corp (GDP) and Ultra Petroleum Corp (UPL)
www.americanbankingnews.com - August 17 at 10:28 PM
seekingalpha.com logoUltra Petroleum's (UPL) CEO Mike Watford on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 10 at 3:22 PM
globenewswire.com logoUltra Petroleum Announces Second Quarter 2017 Financial and Operating Results - GlobeNewswire (press release)
www.globenewswire.com - August 10 at 9:13 AM
finance.yahoo.com logoHere's Why Ultra Petroleum Corp. Is Plunging Today
finance.yahoo.com - August 10 at 9:13 AM
finance.yahoo.com logoEdited Transcript of UPL earnings conference call or presentation 9-Aug-17 3:00pm GMT
finance.yahoo.com - August 10 at 9:13 AM
americanbankingnews.com logoUltra Petroleum Corp (NYSE:UPL) Announces Earnings Results, Misses Expectations By $0.10 EPS
www.americanbankingnews.com - August 9 at 8:34 PM
finance.yahoo.com logoREMINDER – Ultra Petroleum Corp. to Webcast Second Quarter 2017 Results
finance.yahoo.com - August 9 at 8:49 AM
finance.yahoo.com logoUltra Petroleum Announces Second Quarter 2017 Financial and Operating Results
finance.yahoo.com - August 9 at 8:49 AM
americanbankingnews.com logoUltra Petroleum Corp (UPL) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - August 2 at 7:26 AM
finance.yahoo.com logoUltra Petroleum Corp. to Webcast Second Quarter 2017 Results
finance.yahoo.com - July 26 at 9:31 AM
finance.yahoo.com logoImplied Volatility Surging for Ultra Petroleum Corp. (UPL) Stock Options
finance.yahoo.com - July 8 at 3:34 PM
globenewswire.com logoUltra Petroleum Announces Dismissal of Litigation - GlobeNewswire (press release)
globenewswire.com - July 6 at 8:37 PM
finance.yahoo.com logoUltra Petroleum Announces Dismissal of Litigation
finance.yahoo.com - July 6 at 3:33 PM
seekingalpha.com logoUltra Petroleum settles litigation with Cross Sound
seekingalpha.com - July 6 at 11:58 AM
americanbankingnews.com logoZacks Investment Research Downgrades Ultra Petroleum Corp (UPL) to Sell
www.americanbankingnews.com - July 5 at 1:21 PM
finance.yahoo.com logoETFs with exposure to Ultra Petroleum Corp. : June 30, 2017
finance.yahoo.com - July 1 at 8:39 AM
prnewswire.com logoIndependent Oil & Gas Stock Performance Review -- Abraxas Petroleum, Zion Oil & Gas, Ultra Petroleum, and ... - PR Newswire (press release)
www.prnewswire.com - June 29 at 3:59 PM
bizjournals.com logoIndependent Oil & Gas Stock Performance Review -- Abraxas Petroleum, Zion Oil & Gas, Ultra Petroleum, and EXTRACTION OIL & GAS
www.bizjournals.com - June 29 at 7:42 AM
seekingalpha.com logoUltra Petroleum (UPL) Presents At 2017 Wells Fargo West Coast Energy Conference - Slideshow
seekingalpha.com - June 22 at 2:27 PM
finance.yahoo.com logoETFs with exposure to Ultra Petroleum Corp. : June 20, 2017
finance.yahoo.com - June 21 at 6:25 AM
nasdaq.com logoUltra Petroleum Set to Join Russell 3000® Index - Nasdaq
www.nasdaq.com - June 13 at 9:16 AM
seekingalpha.com logoUltra Petroleum upped to Buy at Stifel after emerging stronger from reorg
seekingalpha.com - June 12 at 7:55 PM
americanbankingnews.com logoUltra Petroleum Corp. (UPL) Rating Increased to Buy at Stifel Nicolaus
www.americanbankingnews.com - June 12 at 9:02 AM
finance.yahoo.com logoUltra Petroleum Corp. :UPL-US: Earnings Analysis: Q1, 2017 By the Numbers : May 30, 2017
finance.yahoo.com - May 30 at 8:06 PM
seekingalpha.com logoUltra Petroleum (UPL) Presents At UBS Global Oil and Gas Conference - Slideshow
seekingalpha.com - May 27 at 6:31 AM
bizjournals.com logoTechnical Roundup on Independent Oil & Gas Stocks -- Canadian Natural Resources, Ultra Petroleum, Extraction Oil & Gas, and Bellatrix Exploration
www.bizjournals.com - May 16 at 8:24 AM
finance.yahoo.com logoEdited Transcript of UPL earnings conference call or presentation 3-May-17 3:00pm GMT
finance.yahoo.com - May 5 at 2:59 AM

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Chart

Ultra Petroleum Corp (UPL) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff