GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ultra Petroleum Corp (OTCPK:UPLCQ) » Definitions » Momentum Rank

Ultra Petroleum (Ultra Petroleum) Momentum Rank : 0 (As of May. 15, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Ultra Petroleum Momentum Rank?

Ultra Petroleum has the Momentum Rank of 0.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Ultra Petroleum Momentum Rank Related Terms

Thank you for viewing the detailed overview of Ultra Petroleum's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Ultra Petroleum (Ultra Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
116 Inverness Drive East, Suite 400, Englewood, CO, USA, 80112
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.
Executives
Kason Kerr officer: VP, Gen Counsel, Corp Secy C/O ULTRA PETROLEUM CORP. 116 INVERNESS DRIVE EAST, SUITE 400 ENGLEWOOD CO 80112
Scoggins Edward Andrew Jr. director C/O ULTRA PETROLEUM CORP, 400 NORTH SAM HOUSTON PKWY EAST, ST 1200, HOUSTON TX 77060
Neal P Goldman director 10700 PARKRIDGE BLVD., RESTON VA 20191
Mark T Solomon officer: VP, Chf Acctg Ofr, Controller C/O ULTRA PETROLEUM CORP., 116 EAST INVERNESS DRIVE, SUITE 400, ENGLEWOOD CO 80112
Sylvia K. Barnes director 4853 POST OAK TIMBER DRIVE, HOUSTON TX 77056
Stratton J. Jay Jr. officer: Sr VP, Chief Operating Officer C/O ULTRA PETROLEUM CORP. 116 EAST INVERNESS DRIVE, SUITE 400 ENGLEWOOD CO 80112
C Bradley Johnson director, officer: President and CEO C/O ULTRA PETROLEUM CORP. 116 INVERNESS DRIVE EAST, SUITE 400 ENGLEWOOD CO 80112
David W Honeyfield officer: Sr VP, Chief Financial Officer C/O ULTRA PETROLEUM CORP., 116 INVERNESS DRIVE EAST SUITE 400, ENGLEWOOD CO 80112
Fir Tree Inc. 10 percent owner 500 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10110
Michael J Keeffe director 400 N. SAM HOUSTON PARKWAY E. SUITE 1200, HOUSTON TX 77060
James N Whyte officer: Sr VP, Chief HR Officer C/O ULTRA PETROLEUM CORP, 116 EAST INVERNESS DRIVE, SUITE 400, ENGLEWOOD CO 80112
Stephen James Mcdaniel director 363 N. SAM HOUSTON PARKWAY E., SUITE 1200, HOUSTON TX 77060
Alan J. Mintz director 555 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10017
A Kent Rogers officer: V.P., Drilling & Completions 400 N. SAM HOUSTON PARKWAY E. SUITE 1200 HOUSTON TX 77060
Maree K. Delgado officer: See Remarks 116 INVERNESS DRIVE EAST, SUITE 400 ENGLEWOOD CO 80112

Ultra Petroleum (Ultra Petroleum) Headlines

From GuruFocus