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23.43 (1y: +20%)
Market Cap 3.6 B P/E(ttm)
Enterprise Value 5.59 B P/B
UPL- NYSE (USA)
Ultra Petroleum Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$23.43
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash to Debt 0.007
UPL's Cash to Debt is ranked lower than
83% of the 408 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.34 vs. UPL: 0.007 )
UPL' s 10-Year Cash to Debt Range
Min: 0.01   Max: No Debt
Current: 0.01
Equity to Asset -0.288
UPL's Equity to Asset is ranked lower than
98% of the 408 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.55 vs. UPL: -0.288 )
UPL' s 10-Year Equity to Asset Range
Min: -0.29   Max: 0.67
Current: -0.29
-0.29
0.67
F-Score: 2
Z-Score: -4.66
M-Score: -8.75
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry		 vs
history
Operating margin (%) -351.30
UPL's Operating margin (%) is ranked lower than
90% of the 408 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.80 vs. UPL: -351.30 )
UPL' s 10-Year Operating margin (%) Range
Min: -351.3   Max: 68.6
Current: -351.3
-351.3
68.6
Net-margin (%) -268.8
UPL's Net-margin (%) is ranked lower than
89% of the 408 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. UPL: -268.8 )
UPL' s 10-Year Net-margin (%) Range
Min: -268.8   Max: 47.4
Current: -268.8
-268.8
47.4
ROA (%) -108.4
UPL's ROA (%) is ranked lower than
98% of the 408 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. UPL: -108.4 )
UPL' s 10-Year ROA (%) Range
Min: -108.4   Max: 26.9
Current: -108.4
-108.4
26.9
ROC (Joel Greenblatt) (%) -193.70
UPL's ROC (Joel Greenblatt) (%) is ranked lower than
98% of the 408 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. UPL: -193.70 )
UPL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -193.7   Max: 50.4
Current: -193.7
-193.7
50.4
Revenue Growth (%) 4.8
UPL's Revenue Growth (%) is ranked higher than
63% of the 408 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. UPL: 4.8 )
UPL' s 10-Year Revenue Growth (%) Range
Min: 0.7   Max: 85.4
Current: 4.8
0.7
85.4
EBITDA Growth (%) 41.8
UPL's EBITDA Growth (%) is ranked higher than
93% of the 408 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. UPL: 41.8 )
UPL' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 99.8
Current: 41.8
0
99.8
EPS Growth (%) 47.9
UPL's EPS Growth (%) is ranked higher than
94% of the 408 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.00 vs. UPL: 47.9 )
UPL' s 10-Year EPS Growth (%) Range
Min: 2.6   Max: 130.4
Current: 47.9
2.6
130.4
» UPL's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

UPL Guru Trades in Q2 2012

Steven Cohen 110,679 sh (+1.71%)
David Dreman 171,698 sh (+0.47%)
Richard Snow 30,000 sh (unchged)
Ruane Cunniff 501,940 sh (unchged)
Meridian Funds 303,700 sh (unchged)
Jim Simons Sold Out
Private Capital 1,236,255 sh (-2.56%)
» More
Q3 2012

UPL Guru Trades in Q3 2012

Paul Tudor Jones 10,300 sh (New)
Richard Snow 258,310 sh (+761.03%)
David Dreman 172,064 sh (+0.21%)
Meridian Funds 303,700 sh (unchged)
Ruane Cunniff 501,940 sh (unchged)
Private Capital 1,177,801 sh (-4.73%)
Steven Cohen 49,133 sh (-55.61%)
» More
Q4 2012

UPL Guru Trades in Q4 2012

Prem Watsa 15,900 sh (New)
Paul Tudor Jones 36,200 sh (+251.46%)
Steven Cohen 136,041 sh (+176.88%)
Paul Tudor Jones 200,000 sh (unchged)
Meridian Funds 303,700 sh (unchged)
Ruane Cunniff 501,940 sh (unchged)
David Dreman 170,335 sh (-1%)
Private Capital 1,064,638 sh (-9.61%)
Richard Snow 230,310 sh (-10.84%)
» More
Q1 2013

UPL Guru Trades in Q1 2013

George Soros 417,000 sh (New)
Jim Simons 656,391 sh (New)
Prem Watsa 33,400 sh (+110.06%)
George Soros 700,000 sh (unchged)
Ruane Cunniff 501,940 sh (unchged)
Paul Singer 1,300,000 sh (unchged)
Louis Moore Bacon 120,000 sh (unchged)
Meridian Funds 303,700 sh (unchged)
David Dreman Sold Out
Paul Tudor Jones Sold Out
Private Capital 1,008,788 sh (-5.25%)
Richard Snow 98,940 sh (-57.04%)
Steven Cohen 9,045 sh (-93.35%)
» More
» Details

Insider Trades

Latest Guru Trades with UPL

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
George Soros 2013-03-31 New Buy0.1%$16 - $20.75 $ 23.4329%417000
David Dreman 2013-03-31 Sold Out 0.09%$16 - $20.75 $ 23.4329%0
Prem Watsa 2013-03-31 Add 110.06%0.01%$16 - $20.75 $ 23.4329%33400
Prem Watsa 2012-12-31 New Buy0.01%$18.05 - $23.86 $ 23.4310%15900
Mario Gabelli 2012-03-31 Sold Out 0.0028%$22.74 - $30.45 $ 23.431%0
Ron Baron 2012-03-31 Sold Out 0.0013%$22.74 - $30.45 $ 23.431%0
Ron Baron 2011-12-31 New Buy$25.7 - $36.47 $ 23.43-26%7000
Ruane Cunniff 2011-09-30 Add 67.03%0.06%$28.51 - $47.34 $ 23.43-39%501940
Ron Baron 2011-09-30 Sold Out 0.0018%$28.51 - $47.34 $ 23.43-39%0
Mario Gabelli 2011-03-31 Reduce -94%0.16%$42.42 - $49.92 $ 23.43-50%18370
David Dreman 2011-03-31 New Buy0.14%$42.42 - $49.92 $ 23.43-50%148628
Meridian Funds 2011-03-31 Add 41.19%0.12%$42.42 - $49.92 $ 23.43-50%283500
Ruane Cunniff 2011-03-31 Add 49.88%0.05%$42.42 - $49.92 $ 23.43-50%300500
Ron Baron 2011-03-31 Reduce -98.67%$42.42 - $49.92 $ 23.43-50%8560
Meridian Funds 2010-12-31 Add 37.82%0.09%$40.01 - $49.45 $ 23.43-48%200800
Meridian Funds 2010-09-30 Add 58.2%0.09%$38.33 - $46.9 $ 23.43-44%145700
Mario Gabelli 2010-09-30 Add 581.46%0.05%$38.33 - $46.9 $ 23.43-44%318310
Meridian Funds 2010-06-30 New Buy0.19%$41.79 - $52.54 $ 23.43-50%92100
Ruane Cunniff 2010-06-30 Add 99.5%0.05%$41.79 - $52.54 $ 23.43-50%200500
Mario Gabelli 2010-06-30 New Buy0.01%$41.79 - $52.54 $ 23.43-50%46710
Ron Baron 2010-03-31 Add 62.11%0.09%$44.18 - $53.28 $ 23.43-51%772184
George Soros 2010-03-31 Sold Out 0.01%$44.18 - $53.28 $ 23.43-51%0
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Ultra Petroleum Corporation

Prem Watsa Increases NYT and Two Others
May 15, 2013
Prem Watsa - Prem Watsa Increases NYT And Two Others
"Canada’s Warren Buffett,” Prem Watsa, increased Fairfax’s Financial Holdings’ (TSX:FFH) positions in three stocks in the first quarter, according to GuruFocus Real Time Picks data. Watsa’s portfolio currently holds 42 stocks and is valued at $2.68 billion. In the most recent quarter, Watsa increased his position in Ultra Petroleum Corp. (UPL), Novadaq Technologies (NVDQ) and New York Times Company (NYT). Read more...
Ultra Petroleum Reports Insider Buys at 52-Week Low
April 2, 2013
- Ultra Petroleum Reports Insider Buys At 52-Week Low
With its prices in a steady state of decline and nearing a 52-week low, Ultra Petroleum Corporation (UPL) has seen an increase in insider buying. Read more...

Ratios

vs
industry		 vs
history
P/S 4.45
UPL's P/S is ranked lower than
60% of the 405 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 3.36 vs. UPL: 4.45 )
UPL' s 10-Year P/S Range
Min: 2.61   Max: 21.63
Current: 4.45
2.61
21.63
EV-to-EBIT -2
UPL's EV-to-EBIT is ranked lower than
99% of the 248 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 17.92 vs. UPL: -2 )
UPL' s 10-Year EV-to-EBIT Range
Min: 8.7   Max: 84.4
Current: -2
8.7
84.4
Shiller P/E 91
UPL's Shiller P/E is ranked lower than
100% of the Companies
in the Global Oil & Gas E&P industry.

( Industry Median: vs. UPL: 91 )
UPL' s 10-Year Shiller P/E Range
Min: 11.61   Max: 110.62
Current: 91
11.61
110.62

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 55.9
UPL's Price/Net Current Asset Value is ranked lower than
80% of the 293 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 22.00 vs. UPL: 55.9 )
UPL' s 10-Year Price/Net Current Asset Value Range
Min: 18.8   Max: 144.9
Current: 55.9
18.8
144.9
Price/Median PS Value 0.4
UPL's Price/Median PS Value is ranked higher than
86% of the 354 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 0.80 vs. UPL: 0.4 )
UPL' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 1.4
Current: 0.4
0.3
1.4
Forward Rate of Return (Yacktman) -9.2
UPL's Forward Rate of Return (Yacktman) is ranked lower than
61% of the 408 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: -1.81 vs. UPL: -9.2 )
UPL' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -12.2   Max: 116.4
Current: -9.2
-12.2
116.4

Business Description

Ultra Petroleum Corp. was originally incorporated on November 14, 1979, under the laws of the Province of British Columbia, Canada. Since March 2000, it has operated under the laws of The Yukon Territory, Canada. It is an independent oil and natural gas company engaged in the acquisition, exploration, development, and production of oil and natural gas properties. The Company's principal business activities are in the Green River Basin of southwest Wyoming and the north-central Pennsylvania area of the Appalachian Basin. In addition, the Company has recently acquired acreage in eastern Colorado's Denver Julesburg Basin. Ultra's current operations in southwest Wyoming are focused on developing its long-life natural gas reserves in a tight gas sand trend located in the Green River Basin with targets in the sands of the upper Cretaceous Lance Pool in the Pinedale and Jonah fields. The Lance Pool, as administered by the Wyoming Oil and Gas Conservation Commission, includes sands of both the Lance and Mesaverde in the Pinedale and Jonah fields area of Sublette County, Wyoming. As of December 31, 2011, Ultra owned interests in approximately 93,000 gross (53,000 net) acres in Wyoming covering approximately 190 square miles. Ultra's current operations in north-central Pennsylvania are focused on assessing, exploring and developing its position in the Marcellus Shale and other horizons. At December 31, 2011, the Company owned interests in approximately 499,000 gross acres in Pennsylvania. During 2011, the Company participated in the drilling of 235 wells in Wyoming and continued to improve its drilling and completion efficiency on its operated wells as measured by spud to total depth. During 2011, the Company averaged 12 days to drill a well, as measured by spud to total depth. This compares to an average of 14 days to drill during 2010, a 14% reduction. Similarly, Ultra reached total depth in 15 days or less on 95% of all operated wells during 2011 as compared to 76% of all operated wells during the prior year. Total days per well, measured by rig-release to rig-release, decreased 12% to 15 days in 2011 compared to 17 days during 2010. Ultra currently sells all of its natural gas production to a diverse group of third-party, non-affiliated entities in a portfolio of transactions of various durations and prices. Historically, the Company's customers were predominately located in the western United States — primarily California and the Pacific Northwest, as well as the Front Range area of Colorado and in Utah. The Company markets its Wyoming condensate to various purchasers, which are primarily refiners in the Salt Lake City, Utah area. The Company competes with numerous other companies in virtually all facets of its business. The competitors in development, exploration, acquisitions and production include major integrated oil and natural gas companies as well as numerous independents, including many that have greater resources. The Compa
Company Website
SEC Reports
Industry: Oil & Gas E&P
Compare:OJSCY, APC, APA, HRTPY, SGTZY
Traded in other countries:UPM.Germany
» More Articles for UPL

Headlines

Articles On GuruFocus.com
Prem Watsa Increases NYT and Two Others May 15 2013 
Ultra Petroleum Reports Insider Buys at 52-Week Low Apr 02 2013 
3-Year Low Stocks: ABX, NEM, IAG, UPL, PSMI Feb 03 2013 
5 Prominent Oil & Gas Players to Consider Today Mar 09 2012 
Weekly Guru Bargains Highlights: UPL, YNDX, NFX, AUQ, CEL Feb 19 2012 
Evaluating Exploration and Production Companies as an Asset Play Sep 26 2011 
Sequoia Fund Reports Q1 Portfolio May 20 2011 
Ultra Petroleum Corp Reports Operating Results (10-K) Feb 24 2011 
3 Natural Gas Taveover Targets with Attractive Valuations: UPL, SD, GMXR Nov 11 2010 
Ultra Petroleum Corp Reports Operating Results (10-Q) Nov 04 2010 

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