Stifel Nicolaus analyst Michael Scialla reiterated a Hold rating on Ultra Petroleum Corp (UPL) on November 25 and set a price target of $1.30. The company’s shares closed yesterday at $1.41, close to its 52-week low of $0.82.
According to TipRanks.com, Scialla is ranked 0 out of 5 stars with an average return of -12.9% and a 25.1% success rate. Scialla covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Sanchez Energy Corporation, and Abraxas Petroleum Corp.
Ultra Petroleum Corp has an analyst consensus of Hold, with a price target consensus of $1.30.
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The company has a one-year high of $10.18 and a one-year low of $0.82. Currently, Ultra Petroleum Corp has an average volume of 3.48M.
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Ultra Petroleum Corp. engages in the development, production, operation, exploration, and acquisition of oil and natural gas properties. It focuses on developing a tight gas sand trend located in the Green River Basin of southwest Wyoming; and assessing, exploring, and developing its position in the Marcellus Shale and other horizons located in the north-central Pennsylvania area of the Appalachian Basin of Pennsylvania. The company was founded on November 14, 1979 and is headquartered in Houston, TX.
