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Stock Market & Financial Investment News

News Breaks
March 18, 2013
13:13 EDTUPLUltra Petroleum buys back 150k shares in Q1 at average price of $20.01
Ultra Petroleum disclosed in a regulatory filing that to date, during Q1, the company purchased 150,000 outstanding common shares at an average price of $20.01. The share repurchase program was authorized on May 17, 2006, for up to an aggregate $1B of outstanding common shares. Following the latest repurchase, the company has approximately $382.4M of shares that may yet be purchased under the current authorized plan.
News For UPL From The Last 14 Days
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January 26, 2015
16:26 EDTUPLMarathon Oil, Cobalt, RSP Permian downgraded at UBS
UBS lowered its Brent and WTI forecasts to $52.50 and $49 from $67.50 and $62.50, respectively, and downgraded a number of names in the energy space in conjunction. Along with making changes to its oil price forecasts, UBS downgraded Marathon Oil (MRO), Cobalt (CIE) and RSP Permian (RSPP), all to Neutral from Buy. The firm also identified ConocoPhillips (COP), Devon Energy (DVN), Murphy Oil (MUR), Ultra Petroleum (UPL), Range Resources (RRC), Denbury Resources (DNR), and Magnum Hunter (MHR) as having high valuations, slowing growth and wide free cash flow deficits and said it was cautious on all of those names as well.
January 23, 2015
05:51 EDTUPLStocks with implied volatility movement; BBRY UPL
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January 15, 2015
09:36 EDTUPLUltra Petroleum upgraded to Accumulate from Hold at Tudor Pickering
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