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Analog Devices, Inc. Message Board

  • acev70 acev70 Feb 3, 2014 10:23 AM Flag

    entered upl 23.55, a ngas play.

    impulse buy, wonder why gas comps selling off. $5 ngas should make them wildly profitable this q.

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    • here is last q result, what do you think the $5 gas price will do? earning release feb 20.

      HOUSTON, Nov. 1, 2013 /PRNewswire/ -- Ultra Petroleum Corp. (NYSE: UPL) today reported third quarter 2013 operating and financial results. Highlights during the quarter include:

      Third quarter production volumes of 57.5 Bcfe
      Operating cash flow(1) of $117.9 million, or $0.76 per diluted share for the quarter
      Reported net income of $57.9 million, or $0.37 per diluted share – adjusted(3)
      Low per unit all-in costs of $2.80 per Mcfe with cash costs of $1.77 per Mcfe
      Fourteen percent reduction in Wyoming well costs to $3.8 million per well
      Positive margins in third quarter of 2013 (adjusted): 54 percent cash flow margin(5) and 26 percent net income margin(4)

63.23-0.45(-0.71%)Sep 23 4:00 PMEDT