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Ultra Petroleum Corp. (UPL) Jumps: Stock Adds 6% in Session

Zacks Equity Research

Ultra Petroleum Corp. (UPL) was a big mover last session, as the company saw its shares rise by nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down 1.7% in the past one-month time frame.

The company has seen 2 negative revisions in the last 7 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s move higher can last.

Ultra Petroleum currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the oil and gas industry include Cheniere Energy, Inc. (LNG), RSP Permian, Inc. (RSPP) and Sanchez Energy Corporation (SN). All these stocks sport a Zacks Rank #1 (Strong Buy).

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ULTRA PETROLEUM CORP (UPL): Free Stock Analysis Report

CHENIERE ENERGY INC (LNG): Free Stock Analysis Report

RSP PERMIAN INC (RSPP): Free Stock Analysis Report

SANCHEZ ENERGY CORP (SN): Free Stock Analysis Report

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