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

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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) Misses Q4 EPS by 9c

February 18, 2016 7:55 AM EST

Ultra Petroleum (NYSE: UPL) reported Q4 EPS of ($0.25), $0.09 worse than the analyst estimate of ($0.16). Revenue for the quarter came in at $189.3 million versus the consensus estimate of $206.1 million.

Cash flow per share was $0.51, versus $1.19 in the same period last year.

For earnings... More