Ultra Petroleum (STU:UPM1) Net Developed Acreage # : 0.00 (As of . 20)

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What is Ultra Petroleum Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for Ultra Petroleum's Net Developed Acreage # or its related term are showing as below:

STU:UPM1's Net Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

Ultra Petroleum Net Developed Acreage # Historical Data

The historical data trend for Ultra Petroleum's Net Developed Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ultra Petroleum Net Developed Acreage # Chart

Ultra Petroleum (STU:UPM1) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

Ultra Petroleum Net Developed Acreage # Related Terms

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Ultra Petroleum (STU:UPM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ultra Petroleum Corp (STU:UPM1) » Definitions » Net Developed Acreage #

Comparable Companies

Traded in Other Exchanges

N/A

Address

116 Inverness Drive East, Suite 400, Englewood, CO, USA, 80112

Website

http://www.ultrapetroleum.com

Ultra Petroleum Corp is an independent oil and gas company. The company is engaged in the development, production, operation, exploration, and acquisition of oil and natural gas properties. It's Pinedale and Jonah Fields in southwest Wyoming's Green River Basin are two of the largest natural gas fields in the United States.

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