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Ultra Petroleum Corp (UPL.OQ)

UPL.OQ on NASDAQ Stock Exchange Global Select Market

1.20USD
18 Sep 2018
Change (% chg)

$0.04 (+3.45%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Ultra Petroleum Announces Q2 Adjusted Earnings Per Share $0.17
Thursday, 9 Aug 2018 

Aug 9 (Reuters) - Ultra Petroleum Corp ::ULTRA PETROLEUM ANNOUNCES SECOND QUARTER 2018 RESULTS, PROVIDES UPDATE ON HORIZONTAL AND VERTICAL PROGRAM.Q2 ADJUSTED EARNINGS PER SHARE $0.17.Q2 LOSS PER SHARE $0.10.Q2 REVENUE $190.1 MILLION VERSUS I/B/E/S VIEW $203.6 MILLION.Q2 EARNINGS PER SHARE VIEW $0.20 -- THOMSON REUTERS I/B/E/S.Q2 PRODUCTION OF 70.9 BCFE INCREASED 6% COMPARED TO Q2 2017.PLAN TO RUN 3 OPERATED RIGS FOR REMAINDER OF 2018.AFFIRMING ITS 2018 TOTAL CAPITAL BUDGET OF $400 MILLION.IS ADJUSTING ITS CAPITAL PLAN FOR REMAINDER OF 2018.ADJUSTING 2018 ANNUAL PRODUCTION GUIDANCE DOWN TO 273 TO 283 BCFE.IN Q3, AVERAGE DAILY PRODUCTION RATE IS EXPECTED TO RANGE BETWEEN 710-750 MMCFE/D.  Full Article

Ultra Petroleum Q1 Average Production Of 803 MMcfe/d
Thursday, 19 Apr 2018 

April 19 (Reuters) - Ultra Petroleum Corp ::ULTRA PETROLEUM ANNOUNCES FIRST QUARTER PRODUCTION ABOVE MID-POINT OF GUIDANCE, BORROWING BASE REAFFIRMED AT $1.4 BILLION AND CREDIT AGREEMENT AMENDMENT STEPPING UP LEVERAGE RATIO COVENANT TO 4.5X.ULTRA PETROLEUM CORP - Q1 AVERAGE PRODUCTION OF 803 MMCFE/D.ULTRA PETROLEUM CORP - Q1 AVERAGE PRODUCTION OF 803 MMCFE/D EXCEEDED MID-POINT OF GUIDANCE FOR QUARTER.ULTRA PETROLEUM CORP - ULTRA'S BORROWING BASE OF $1.4 BILLION WAS REAFFIRMED BY BANK GROUP FOR ITS REVOLVING CREDIT AGREEMENT.ULTRA PETROLEUM CORP - Q1 PRODUCTION VOLUMES INCLUDE 68.2 BILLION CUBIC FEET OF NATURAL GAS AND 677.8 THOUSAND BARRELS OF OIL AND CONDENSATE.ULTRA PETROLEUM CORP - Q1 PRODUCTION VOLUMES REPRESENTS A 13% INCREASE OVER PRODUCTION VOLUMES OF Q1 2017.ULTRA PETROLEUM - BANK GROUP APPROVED AMENDMENT TO CREDIT AGREEMENT PROVIDING FOR STEP UP IN MAXIMUM NET LEVERAGE COVENANT TO 4.50 TIMES FROM JUNE 30.  Full Article

Ultra Petroleum Announces Divestiture Of Non-Core Marcellus Asset
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Ultra Petroleum Corp ::ULTRA PETROLEUM ANNOUNCES THE DIVESTITURE OF ITS NON-CORE MARCELLUS ASSET.ULTRA PETROLEUM CORP - DEAL FOR $115 MILLION.ULTRA PETROLEUM CORP - TRANSACTION WILL HAVE NO IMPACT ON COMPANY'S CURRENT BORROWING BASE WHICH REMAINS AT $1.4 BILLION.ULTRA PETROLEUM - DIVESTED ASSETS INCLUDE CURRENT NET PRODUCTION OF 30 MILLION CUBIC FEET PER DAY.ULTRA PETROLEUM CORP - ‍REACHED DEAL, CLOSED SALE TO DIVEST CO'S NON-OPERATED ASSET IN MARCELLUS SHALE TO ALTA MARCELLUS DEVELOPMENT LLC​.  Full Article

Ultra Petroleum says conditions that raised going concern no longer exist
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Ultra Petroleum Corp :Ultra Petroleum says conditions that raised substantial doubt about company's ability to continue as a going concern no longer exist - SEC filing​.  Full Article

Ultra Petroleum engages advisor to assist in exploring non-core assets divestiture
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Ultra Petroleum Corp ::Ultra Petroleum provides update on horizontal well, asset sales and hedging program.Ultra Petroleum says engaged CIBC Griffis & Small as advisor to assist in exploring divestment of non-core assets​.Ultra Petroleum says targeting to hedge at least 50% of production for 2018​.Ultra Petroleum Corp says ‍two additional horizontal wells expected to be online by end of January​.  Full Article

Ultra Petroleum says Barclays agreed to provide secured, unsecured financing of up to $2.4 billion
Thursday, 9 Feb 2017 

Ultra Petroleum Corp :Ultra Petroleum- on Feb 8, in connection with consummation of proposed plan, Barclays agreed to provide secured, unsecured financing of up to $2.4 billion.  Full Article

BRIEF-Ultra Petroleum Announces Q1 Adjusted Earnings Per Share $0.28

* ULTRA PETROLEUM ANNOUNCES FIRST QUARTER 2018 RESULTS, PROVIDES UPDATE ON HORIZONTAL PROGRAM & DEVELOPMENT PLAN