Ultra Petroleum (UPL) Misses Q4 EPS by 9c

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Go back to Ultra Petroleum (UPL) Misses Q4 EPS by 9c

KLR Group Downgrades Ultra Petroleum (UPL) to Sell; No Intrinsic Equity Value

February 19, 2016 7:15 AM EST

KLR Group downgraded Ultra Petroleum (NYSE: UPL) from Buy to Sell with a price target of $0.00 (from $6.00), saying the company debt capitalization is no longer viable and implies no intrinsic equity value.

Analyst John Gerdes commented, "We are downgrading UPL from Buy... More

Ultra Petroleum (UPL) Sinks After Confirming Credit Facility Draw Down - Analyst

February 18, 2016 9:44 AM EST

Ultra Petroleum (NYSE: UPL) is sinking 28% after the company confirmed it has drawn down the remaining $266 million available on its $1 billion credit facility capacity, and formally noted it faces challenges complying with debt covenants and refinancing existing debt

"We believe news that... More