UPL Ultra Petroleum Corp. featured news, full reports, and detailed charts
Ultra Petroleum Corp. (UPL) Wrap Up:
Ultra Petroleum Corp. engages in the acquisition, exploration, development, production, and operation of oil and natural gas properties. It primarily focuses on developing and expanding a tight gas sand trend located in the Green River Basin in southwest Wyoming. As of December 31, 2008, the company owned interests in approximately 59,953 net acres in Wyoming; and 152,227 net acres in Pennsylvania. Ultra Petroleum Corp. was founded in 1979 and is based in Houston, Texas.Ultra Petroleum Corp. (UPL:NYSE)
Snapshot of Ultra Petroleum Corp. (UPL)
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OPEN
$46.53
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PREVIOUS CLOSE
$46.91
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DAY HIGH
$46.85
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DAY LOW
$45.63
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52 WEEK HIGH
10/21/09 - $57.21
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52 WEEK LOW
12/5/08 - $28.85
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MARKET CAP
7.0B
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AVERAGE VOLUME 3 mo
1.6M
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DILUTED EPS TTM
$-3.19
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SHARES OUTSTANDING
151.4M
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UPL Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
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UPL Top Compensated Officers
Executives, Board Directors
Key developments for Ultra Petroleum Corp. (UPL)
Ultra Petroleum Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported total operating revenues of $155.164 million, loss before income taxes of $13.946 million, net loss of $8.330 million or $0.06 per diluted share against total operating revenues of $297.627 million, loss before income taxes of $240.345 million, net loss of $148.975 million or $0.95 per diluted share for the same period last year. For the nine months, the company reported total operating revenues of $453.458 million, loss before income taxes of $842.474 million, net loss of $546.445 million or $3.61 per diluted share against total operating revenues of $877.003 million, loss before income taxes of $551.062 million, net loss of $349.182 million or $2.22 per diluted share for the same period last year.
Ultra Petroleum Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported adjusted net income of $85,806,000 or $0.57 per basic and diluted share compared to adjusted net income of $122,421,000 or $0.80 per basic share and $0.78 per diluted share for the same period a year ago. Net cash provided by operating activities of $180,369,000 compared to $304,846,000 for the same period a year ago. For the nine months, the company reported adjusted net income of $203,720,000 or $1.35 per basic and diluted share compared to adjusted net income of $338,951,000 or $2.22 per basic share and $2.15 per diluted share for the same period a year ago. Net cash provided by operating activities of $420,769,000 compared to $708,186,000 for the same period a year ago.
Ultra Petroleum Corp. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on October 28, 2009).
UPL Competitors
| Company | Last | Change |
| Cabot Oil & Gas Corp | $38.22 USD | -0.58 |
| Denbury Resources Inc | $13.27 USD | +0.12 |
| Newfield Exploration Co | $41.12 USD | -1.26 |
| Pioneer Natural Resources Co | $40.91 USD | -0.40 |
| St. Mary Land & Exploration Co | $30.59 USD | -0.91 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | UPL | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 10.6x |
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| Price/Book | 12.6x |
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| Price/Cash Flow | 9.2x |
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| TEV/Sales | 9.4x |
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UPL |
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UPL transactions
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| No transactions in the last 6 months. | ||
More Recent News About Ultra Petroleum Corp.
More news for UPL
Ultra Petroleum Announces Third Quarter 2009 Results Webcast
Copyright © 2009 Yahoo! All rights reserved. Privacy Policy - Terms of Service - Copyright Policy - Report Problems Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quote data delayed 15 minutes for Nasdaq, NYSE and Amex. Real-Time continuous streaming quotes are available through our premium service. You may turn streaming quotes on or off. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Yahoo! is not an investment adviser and does not provide, endorse or review any information or data contained herein....Click here to read the whole Article (external link)
Q3 2009 Ultra Petroleum Corp Earnings Release - Before Market Open
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Ultra Petroleum Announces Third Quarter 2009 Financial Results, Record Production and Industry-Leading Returns
HOUSTON, Oct. 30 /PRNewswire-FirstCall/ -- Ultra Petroleum Corp. (NYSE: UPL - News) continued to deliver strong financial and operating performance for the third quarter of 2009. Highlights for the quarter include: For the third quarter of 2009, production of natural gas and crude oil increased 27 percent to a record 45.9 billion cubic feet equivalent (Bcfe) as compared to 36.3 Bcfe during the third quarter of 2008. Ultra Petroleum's third quarter 2009 production levels were the highest quarterly levels ever achieved by the company. The company's production for the third quarter was comprised of 43.9 billion cubic feet (Bcf) of natural gas and 341.5 thousand barrels of condensate (MBbls).Ultra Petroleum reported operating cash flow(1) for the third quarter of $172.6 million. Adjusted net income was $85.8 million, or $0.57 per diluted share for the quarter. Due to a non-cash unrealized mark-to-market charge of $145.0 million ($94.1 million after tax) on the company's financial commodity contracts, the company reported a loss of $8.3 million, or ($0.06) per diluted share. The unrealized loss on commodity derivative contracts is typically excluded by the investment community in published estimates."Once again, Ultra Petroleum's profitable growth strategy delivers. The company organically grew production by 27 percent while simultaneously decreasing all-in costs 22 percent to $2.48 per Mcfe from the same quarter in 2008. While the industry continued to experience low natural gas prices during the quarter, our returns ...Click here to read the whole Article (external link)
Ultra Petroleum Corp. Q3 2009 Earnings Call Transcript
Ultra Petroleum Corp. (UPL) Q3 2009 Earnings Call Transcript October 30, 2009 11:00 am ET Executives Kelly Whitley – Manager, IR Mike Watford – Chairman, President and CEO Mark Smith – CFO Bill Picquet – VP Operations, Rocky Mountains Sally Zinke – Director, Exploration Analysts Brian Singer – Goldman Sachs Joe Allman – J.P. Morgan Noel Parks – Ladenburg Thalmann David Heikkinen – Tudor, Pickering, Holt David Timmon – Wachovia Leo Mariani – RBC Dan Guffey – Thomas Weisel Partners Ron Mills – Johnson Rice Presentation Operator Good day, ladies and gentlemen, and welcome to the third quarter 2009 Ultra Petroleum Corp. earnings call. My name is Karisa and I will be your operator for today. At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session. (Operator instructions) I would now like to turn the conference over to your host for today's call, Ms. Kelly Whitley, Manager Investor Relations. Please proceed. Kelly Whitley Thank you Karisa. Good morning, ladies and gentlemen. Welcome to Ultra Petroleum's third quarter 2009 earnings conference call. On the call with me this morning to discuss our third quarter results and our continued strategy of profitable growth are Mike Watford, Chairman, President and Chief Executive Officer, Mark Smith, Chief Financial Officer, Bill Picquet, Vice President Operations and Sally Zinke, Director, Exploration. Before turning the call over to Mike, I would like to cover a few administrative items. First, earlier this morning, we filed our 10-Q with the SEC. It will be available o...Click here to read the whole Article (external link)
Ultra Petroleum Corp Earnings Call scheduled for 11:00 am ET today
Call DetailsUltra Petroleum Corp Earnings Conference Call (Q3 2009)Fri, Oct 30, 2009, 11:00 am EasternAbout Ultra Petroleum Corp (NYSE:UPL)Ultra Petroleum Corp. engages in the acquisition, exploration, development, production, and operation of oil and natural gas properties. It primarily focuses on developing and expanding a tight gas sand trend located in the Green River Basin in southwest Wyoming. As of December 31, 2008, the company owned interests in approximately 59,953 net acres in Wyoming; and 152,227 net acres in Pennsylvania. Ultra Petroleum Corp. was founded in 1979 and is based in Houston, Texas.More Info:Quote |Profile |Reports |Research |Msgs |Insider |Financials | Analyst Ratings...Click here to read the whole Article (external link)
ULTRA PETROLEUM CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi
Show all filings for ULTRA PETROLEUM CORP | Request a Trial to NEW EDGAR Online Pro Form 8-K for ULTRA PETROLEUM CORP 30-Oct-2009Results of Operations and Financial Condition, Financial Statements and Exhi Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information pro...Click here to read the whole Article (external link)
ULTRA PETROLEUM CORP Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue155,164 130,341 167,953 207,397 Cost of Revenue52,634 71,786 27,594 53,695 Gross Profit102,530 58,555 140,359 153,702 Operating ExpensesResearch Development - - - - Selling General and Administrative5,130 (18,496)28,720 4,010 Non Recurring - - 1,037,000 - Others46,367 44,974 60,661 54,114 Total Operating Expenses - - - - Operating Income or Loss51,033 32,077 (986,022)95,578 Income from Continuing OperationsTotal Other Income/Expenses Net(55,237)(61,202)203,815 14,418 Earnings Before Interest And Taxes(4,204)(29,125)(782,207)109,996 Interest Expense9,743 9,898 7,297 6,279 Income Before Tax(13,947)(39,023)(789,504)103,717 Income Tax Expense(5,616)(13,497)(276,916)38,624 Minority Interest - - - - Net Income From Continuing Ops(8,331)(25,526)(512,588)65,093 Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - - ...Click here to read the whole Article (external link)
