Today Stifel Nicolaus Reiterates a Hold Rating on Ultra Petroleum Corp (NYSE:UPL) and a $1.3000 Target Price

Ultra Petroleum Corp (NYSE:UPL) Rating Reaffirmed

Research analysts at Stifel Nicolaus now has a $1.3000 target price per share on Ultra Petroleum Corp (NYSE:UPL). Stifel Nicolaus and their recent target price per share means a potential upside of 2.36 % from the company’s last stock close price. The rating has been shown in a research note on Sunday morning.

The stock decreased 6.62% or $0.09 during the last trading session, reaching $1.27. About 1.80 million shares traded. Ultra Petroleum Corp. (NYSE:UPL) has declined 84.91% since December 2, 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 $250.26 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; and its oil reserves in the Uinta Basin in northeast Utah. It has a 1.77 P/E ratio. As of December 31, 2017, the firm owned interests in approximately 112,000 gross acres in Wyoming.

More notable recent Ultra Petroleum Corp. (NASDAQ:UPL) news were published by: Nasdaq.com which released: “Ultra Petroleum Corp. Announces Exchange Agreement with Supporting Noteholders, Provides Third Quarter Operations Update and Closes on Utah Asset Sale – Nasdaq” on October 17, 2018, also Nasdaq.com with their article: “Implied Volatility Surging for Ultra Petroleum (UPL) Stock Options – Nasdaq” published on July 16, 2018, Nasdaq.com published: “Mid-Afternoon Market Update: Crude Oil Up Over 3%; Qudian Shares Spike Higher – Nasdaq” on November 21, 2018. More interesting news about Ultra Petroleum Corp. (NASDAQ:UPL) were released by: Nasdaq.com and their article: “Energy Sector Update for 10/17/2018: UPL,XOM,TOT – Nasdaq” published on October 17, 2018 as well as Nasdaq.com‘s news article titled: “Ultra Petroleum (UPL) Up 16.5% Since Earnings Report: Can It Continue? – Nasdaq” with publication date: April 02, 2018.

Ultra Petroleum Corp. (NASDAQ:UPL) Ratings Chart

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