Ladenburg Thalmann Downgrades Ultra Petroleum (UPL) to Neutral

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Moody's Downgrades Ultra Petroleum's (UPL) Probability of Default Rating to 'D-PD'; Outlook Negative

May 2, 2016 2:32 PM EDT

Moody's Investors Service ("Moody's") changed Ultra Petroleum Corp.'s (NYSE: UPL)(Ultra) Probability of Default Rating (PDR) to D-PD from Ca-PD/LD following the company's filing voluntary petitions in the United States Bankruptcy Court for the Southern District of Texas, Houston Division, seeking relief under the provisions of Chapter 11 of the... More