
Ultra Petroleum UPL reported first-quarter results Friday that were essentially in line with our expectations on almost all fronts. Quarterly production
Notable earnings before Friday’s open: ADP , AXL , BBEP , BPL , CBOE , DUK , FBN , GBDC , GTXI , HST , LNT , MCO , NGLS , NRF , NVE , NWL , PNW , POM , PPC , REGN , SE , SEP , SMP , UPL , WCG , XLS , YRCW Post your comment!
By Stone Fox Capital: As natural gas prices soar this year, Chesapeake Energy ( CHK ) is likely the biggest beneficiary. The heavily indebted, asset rich firm will make out like a bandit if natural gas prices triple as Jeremy Grantham suggested earlier this month. As Chesapeake was its own worst ...
three most-undervalued names as of the last issue: Ultra Petroleum UPL Price: $20.89 | Fair Value Estimate: $40 | Price/Fair Value: 0.52 Ultra Petroleum is a low-cost natural gas exploration and production
By Richard Zeits : Recent Baker Hughes Rig Data Shows Surprise Contraction In Active Gas Rig Count Last Friday, April 5, Baker Hughes reported yet another sizeable reduction in the U.S. gas-directed rig count: according to the survey, the number of rigs drilling for natural gas in the Lower 48 ...
By Richard Zeits : In the world of U.S. natural gas, one year is an eternity. Twelve months ago, the natural gas industry was exiting the storage withdrawal season with a staggering 800+ Bcf inventory surplus over the five-year average. Natural gas prices had dropped below the $2.00/MMBtu mark, and
By Josh Young : Tom Ward may be on his way out from Sandridge Energy ( SD ) and Aubrey McClendon is out from Cheseapeake Energy ( CHK ), both after battles with activist investors. Both CEOs were attacked by activist investors and in the press for high compensation and insider-deals that were not
By Shane Blackmon : Quicksilver Resources ( KWK ) made quite the announcement on Good Friday. KWK has reached an agreement to sell a 25% interest in its Barnett Shale oil and gas assets to a subsidiary of Tokyo Gas Co. for $485M. This will come as very welcome news to shareholders as KWK tries to
returning as old favorites include Ultra Petroleum UPL , Occidental Petroleum OXY ..... Uncertainty Consider Buying Ultra Petroleum $40.00 Narrow High $24 ..... 60 Data as of 3-18-13. Ultra Petroleum UPL Ultra's Pinedale and Marcellus
picture in the energy quarterly outlook, and we think there's a very compelling opportunity here. We point to Ultra Petroleum UPL as a good way to participate in this improvement. We also think there's the potential for meaningful upside