Ultra Petroleum Corp. (UPL) Reaches $8.67 After 8.00% Down Move; Atlantic Power (AT) Shorts Lowered By 3.98%

December 6, 2017 - By Hazel Jackson

The stock of Ultra Petroleum Corp. (NASDAQ:UPL) is a huge mover today! The stock decreased 4.93% or $0.45 during the last trading session, reaching $8.67. About 353,075 shares traded. Ultra Petroleum Corp.

(NASDAQ:UPL) has 0.00% since December 6, 2016 and is . It has underperformed by 16.70% the S&P500.The move comes after 6 months negative chart setup for the $1.70B company. It was reported on Dec, 6 by Barchart.com. We have $7.98 PT which if reached, will make NASDAQ:UPL worth $136.16 million less.

Atlantic Power Corporation (NYSE:AT) had a decrease of 3.98% in short interest. AT’s SI was 715,000 shares in December as released by FINRA. Its down 3.98% from 744,600 shares previously. With 342,400 avg volume, 2 days are for Atlantic Power Corporation (NYSE:AT)’s short sellers to cover AT’s short positions. The SI to Atlantic Power Corporation’s float is 0.74%. The stock increased 1.02% or $0.025 during the last trading session, reaching $2.475. About 39,590 shares traded. Atlantic Power Corporation (NYSE:AT) has risen 1.69% since December 6, 2016 and is uptrending. It has underperformed by 15.01% the S&P500.

Analysts await Ultra Petroleum Corp. (NASDAQ:UPL) to report earnings on February, 28. UPL’s profit will be $74.60M for 5.70 P/E if the $0.38 EPS becomes a reality. After $0.40 actual earnings per share reported by Ultra Petroleum Corp. for the previous quarter, Wall Street now forecasts -5.00% negative EPS growth.

Ultra Petroleum Corp., an independent gas and oil company, engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties. The company has market cap of $1.70 billion. The Company’s principal business activities are developing its natural gas reserves in the Green River Basin of southwest Wyoming—the Pinedale and Jonah fields; its oil reserves in the Uinta Basin in northeast Utah; and its natural gas reserves in the north-central Pennsylvania area of the Appalachian Basin. It has a 25.58 P/E ratio. As of December 31, 2016, the firm owned interests in approximately 105,000 gross acres in Wyoming; and 144,000 gross acres in Pennsylvania.

Atlantic Power Corporation owns and operates a fleet of power generation assets in the United States and Canada. The company has market cap of $289.74 million. As of December 31, 2016, its power generation projects had an aggregate gross electric generation capacity of approximately 2,138 megawatts consisting of interests in 23 operational power generation projects across 9 states in the United States and 2 provinces in Canada. It currently has negative earnings. The firm sells its electricity to utilities and other commercial customers.

By

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

>