$0.18 EPS Expected for Ultra Petroleum Corp. (UPL)

October 13, 2018 - By Richard Conner

Analysts expect Ultra Petroleum Corp. (NASDAQ:UPL) to report $0.18 EPS on November, 6.They anticipate $0.22 EPS change or 55.00 % from last quarter’s $0.4 EPS. UPL’s profit would be $35.47M giving it 1.82 P/E if the $0.18 EPS is correct. After having $0.17 EPS previously, Ultra Petroleum Corp.’s analysts see 5.88 % EPS growth. The stock decreased 5.76% or $0.08 during the last trading session, reaching $1.31. About 3.49M shares traded. Ultra Petroleum Corp. (NASDAQ:UPL) has declined 84.91% since October 14, 2017 and is downtrending. It has underperformed by 100.53% the S&P500.

Ultra Petroleum Corp., an independent gas and oil company, engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties. The company has market cap of $258.14 million. The Company’s principal business activities are developing its natural gas reserves in the Green River Basin of southwest Wyoming??the Pinedale and Jonah fields; its oil reserves in the Uinta Basin in northeast Utah; and its natural gas reserves in the north-central Pennsylvania area of the Appalachian Basin. It currently has negative earnings. As of December 31, 2016, the firm owned interests in approximately 105,000 gross acres in Wyoming; and 144,000 gross acres in Pennsylvania.

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