Hot Rising Companies To Watch For 2015: Ultra Petroleum Corp.(UPL)
Ultra Petroleum Corp., an independent oil and gas company, engages in the acquisition, exploration, development, production, and operation of oil and natural gas properties in the United States. It primarily 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. As of December 31, 2011, the company owned interests in approximately 53,000 net acres in Wyoming covering approximately 190 square miles; 258,000 net acres in Pennsylvania; and 130,000 net acres in eastern Colorado?s Denver Julesburg Basin. Ultra Petroleum Corp. was founded in 1979 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Dan Caplinger]
Finally, on the energy front, 2013 has been a reversal of fortune, with natural gas prices climbing but oil prices slumping. That trend has been good for more gas-concentrated companies Range Resources (NYSE: RRC ) and Ultra Petroleum (NYSE: UPL ) , but for many players that moved away from gas production to stress more lucrative oil, the new environment has them feeling whipsawed. Overall, better global growth will likely be necessary to drive energy prices higher.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-rising-companies-to-watch-for-2015-2.html
No comments:
Post a Comment