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Ultra Petroleum

DB:UPM1
Snowflake Description

Acceptable track record and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
UPM1
DB
$41M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Ultra Petroleum Corp., an independent oil and gas company, engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties. The last earnings update was 31 days ago. More info.


Add to Portfolio Compare Print
  • Ultra Petroleum has significant price volatility in the past 3 months.
UPM1 Share Price and Events
7 Day Returns
0%
DB:UPM1
3.3%
DE Oil and Gas
-0.3%
DE Market
1 Year Returns
-73%
DB:UPM1
72.4%
DE Oil and Gas
14.9%
DE Market
UPM1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ultra Petroleum (UPM1) 0% 0% 3% -73% - -
DE Oil and Gas 3.3% 12.5% 32.2% 72.4% 51.2% 218.5%
DE Market -0.3% -0.6% 7.5% 14.9% 9.5% 19.3%
1 Year Return vs Industry and Market
  • UPM1 underperformed the Oil and Gas industry which returned 72.4% over the past year.
  • UPM1 underperformed the Market in Germany which returned 14.9% over the past year.
Price Volatility
UPM1
Industry
5yr Volatility vs Market

UPM1 Value

 Is Ultra Petroleum undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ultra Petroleum. This is due to cash flow or dividend data being unavailable. The share price is €0.2447.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ultra Petroleum's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ultra Petroleum's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:UPM1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.75
OTCPK:UPLC Share Price ** OTCPK (2019-09-10) in USD $0.21
Europe Oil and Gas Industry PE Ratio Median Figure of 99 Publicly-Listed Oil and Gas Companies 10.45x
Germany Market PE Ratio Median Figure of 404 Publicly-Listed Companies 20.37x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ultra Petroleum.

DB:UPM1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:UPLC Share Price ÷ EPS (both in USD)

= 0.21 ÷ 0.75

0.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ultra Petroleum is good value based on earnings compared to the Europe Oil and Gas industry average.
  • Ultra Petroleum is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Ultra Petroleum's expected growth come at a high price?
Raw Data
DB:UPM1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0.28x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.7x
Germany Market PEG Ratio Median Figure of 261 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ultra Petroleum, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ultra Petroleum's assets?
Raw Data
DB:UPM1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $-4.27
OTCPK:UPLC Share Price * OTCPK (2019-09-10) in USD $0.21
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 1.11x
Germany Market PB Ratio Median Figure of 578 Publicly-Listed Companies 1.85x
DB:UPM1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:UPLC Share Price ÷ Book Value per Share (both in USD)

= 0.21 ÷ -4.27

-0.05x

* Primary Listing of Ultra Petroleum.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ultra Petroleum has negative assets, we can't compare the value of its assets to the DE Oil and Gas industry average.
X
Value checks
We assess Ultra Petroleum's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Ultra Petroleum has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

UPM1 Future Performance

 How is Ultra Petroleum expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ultra Petroleum has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
6.5%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ultra Petroleum expected to grow at an attractive rate?
  • Unable to compare Ultra Petroleum's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ultra Petroleum's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Ultra Petroleum's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:UPM1 Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 6.5%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.8%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:UPM1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:UPM1 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:UPM1 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 752 281 149
2019-06-30 806 320 156
2019-03-31 838 310 78
2018-12-31 799 311 85
2018-09-30 773 224 141
2018-06-30 784 135 -205
2018-03-31 804 46 314
2017-12-31 801 65 177
2017-09-30 780 289 47
2017-06-30 764 416 473
2017-03-31 706 486 -12
2016-12-31 651 311 56

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ultra Petroleum is high growth as no earnings estimate data is available.
  • Unable to determine if Ultra Petroleum is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:UPM1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ultra Petroleum Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:UPM1 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:UPM1 Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.75
2019-06-30 0.79
2019-03-31 0.40
2018-12-31 0.43
2018-09-30 0.72
2018-06-30 -1.04
2018-03-31 1.63
2017-12-31 1.08
2017-09-30 0.35
2017-06-30 4.49
2017-03-31 -0.15
2016-12-31 0.70

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ultra Petroleum will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of UPM1’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Ultra Petroleum's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Ultra Petroleum's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ultra Petroleum's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ultra Petroleum has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

UPM1 Past Performance

  How has Ultra Petroleum performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ultra Petroleum's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ultra Petroleum has delivered over 20% year on year earnings growth in the past 5 years.
  • Ultra Petroleum's 1-year earnings growth is less than its 5-year average (5.7% vs 23.1%)
  • Ultra Petroleum's earnings growth has exceeded the Europe Oil and Gas industry average in the past year (5.7% vs -2.9%).
Earnings and Revenue History
Ultra Petroleum's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ultra Petroleum Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:UPM1 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 752.27 149.00 56.07
2019-06-30 806.07 156.05 51.19
2019-03-31 838.36 78.39 45.81
2018-12-31 799.18 85.21 50.95
2018-09-30 772.59 141.03 47.07
2018-06-30 784.44 -205.27 52.22
2018-03-31 804.08 314.33 73.86
2017-12-31 800.81 177.14 61.30
2017-09-30 780.40 47.19 57.17
2017-06-30 763.81 473.32 50.44
2017-03-31 706.03 -11.72 26.75
2016-12-31 651.35 56.15 29.87
2016-09-30 629.26 -3,114.06 24.63
2016-06-30 653.38 -3,215.57 27.59
2016-03-31 711.08 -3,254.24 28.62
2015-12-31 766.34 -3,207.22 28.03
2015-09-30 882.32 207.15 35.52
2015-06-30 944.51 335.61 37.10
2015-03-31 1,025.17 466.33 36.76
2014-12-31 1,126.12 542.85 39.38
2014-09-30 1,044.16 374.25 41.44
2014-06-30 982.40 312.79 39.19
2014-03-31 952.30 323.12 42.83
2013-12-31 861.01 237.84 42.37
2013-09-30 856.63 -275.32 37.34
2013-06-30 834.83 -941.36 35.02
2013-03-31 750.36 -2,244.73 31.70
2012-12-31 749.22 -2,176.90 25.75

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ultra Petroleum has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Ultra Petroleum used its assets more efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • Unable to establish if Ultra Petroleum improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Ultra Petroleum's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ultra Petroleum has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

UPM1 Health

 How is Ultra Petroleum's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ultra Petroleum's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ultra Petroleum's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Ultra Petroleum's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Ultra Petroleum's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Ultra Petroleum has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ultra Petroleum Company Filings, last reported 2 months ago.

DB:UPM1 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 -843.80 2,157.04 4.02
2019-06-30 -856.23 2,159.21 5.19
2019-03-31 -914.00 2,145.44 10.47
2018-12-31 -1,048.62 2,215.48 17.01
2018-09-30 -1,094.11 2,123.20 13.14
2018-06-30 -1,114.83 2,178.85 5.69
2018-03-31 -1,096.74 2,118.52 17.78
2017-12-31 -1,154.64 2,116.21 16.63
2017-09-30 -1,257.75 2,134.01 5.42
2017-06-30 -940.10 2,016.91 5.99
2017-03-31 -3,016.68 3,759.00 492.93
2016-12-31 -2,928.15 3,759.00 414.84
2016-09-30 -2,895.92 3,759.00 356.97
2016-06-30 -2,996.03 3,759.00 282.67
2016-03-31 -3,011.35 3,739.79 295.20
2015-12-31 -2,991.94 3,370.55 4.14
2015-09-30 215.00 3,408.00 25.59
2015-06-30 214.33 3,430.00 5.38
2015-03-31 237.23 3,441.00 33.96
2014-12-31 211.66 3,378.00 8.92
2014-09-30 5.20 3,426.00 1.40
2014-06-30 -123.53 2,437.00 5.09
2014-03-31 -227.70 2,425.00 7.98
2013-12-31 -331.49 2,470.00 10.66
2013-09-30 -376.84 1,860.00 4.53
2013-06-30 -441.11 1,880.00 6.56
2013-03-31 -562.19 1,933.00 14.37
2012-12-31 -577.87 1,837.00 12.92
  • Ultra Petroleum has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Ultra Petroleum's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (13%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Ultra Petroleum's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ultra Petroleum has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

UPM1 Dividends

 What is Ultra Petroleum's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ultra Petroleum dividends.
If you bought €2,000 of Ultra Petroleum shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ultra Petroleum's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ultra Petroleum's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:UPM1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 5.9%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:UPM1 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ultra Petroleum has not reported any payouts.
  • Unable to verify if Ultra Petroleum's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ultra Petroleum's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ultra Petroleum has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ultra Petroleum's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ultra Petroleum afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ultra Petroleum has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

UPM1 Management

 What is the CEO of Ultra Petroleum's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Brad Johnson
COMPENSATION $736,419
AGE 47
TENURE AS CEO 1.8 years
CEO Bio

Mr. C. Bradley Johnson, also known as Brad, has been President and Chief Executive Officer at Ultra Petroleum Corporation since March 1, 2019 and has been its Director since February 28, 2018. Mr. Johnson served as Interim Chief Executive Officer at Ultra Petroleum Corp. since February 28, 2018 until March 1, 2019 and served as its Senior Vice President of Operations since April 1, 2014 until February 28, 2018. Mr. Johnson served as Vice President of Reservoir Engineering and Development at Ultra Petroleum Corp. from January 2011 to April 1, 2014. Mr. Johnson led Ultra's reservoir engineering group and provide valuable insights and perspectives to the strategic goals and objectives. Mr. Johnson has over 20 years of experience that includes operations, engineering, acquisitions, project management and corporate planning. Mr. Johnson has also led multi-disciplinary teams that included engineering, geology, geophysics and land professionals. Prior to joining Ultra, Mr. Johnson was employed by Anadarko Petroleum for 13 years where he served in various engineering and leadership roles in several assets located in onshore North America, shelf and deep-water Gulf of Mexico and in Algeria. He served as a Director of Reservoir Engineering and Planning at Ultra Petroleum Corp. from 2008 to January 2011. He is a member of the Society of Petroleum Engineers and is a licensed professional engineer in Texas, Colorado, Wyoming and Pennsylvania. Mr. Johnson obtained his Bachelor of Science degree in Petroleum Engineering from Texas A&M University and his Master of Science degree in Petroleum Engineering from the University of Texas.

CEO Compensation
  • Brad's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Brad's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Ultra Petroleum management team in years:

1.3
Average Tenure
52
Average Age
  • The average tenure for the Ultra Petroleum management team is less than 2 years, this suggests a new team.
Management Team

Brad Johnson

TITLE
President
COMPENSATION
$736K
AGE
47
TENURE
1.8 yrs

Dave Honeyfield

TITLE
Senior VP & CFO
COMPENSATION
$1M
AGE
52
TENURE
1.1 yrs

Jerald Stratton

TITLE
Senior VP & COO
COMPENSATION
$2M
AGE
57
TENURE
1.6 yrs

Mark Solomon

TITLE
VP, Controller & Chief Accounting Officer
AGE
50
TENURE
0.5 yrs

Sandi Kraemer

TITLE
Director of Investor Relations & External Reporting
AGE
50

Kason Kerr

TITLE
VP, General Counsel & Corporate Secretary

James Whyte

TITLE
Senior VP & Chief Human Resources Officer
AGE
60

Andrew Kidd

TITLE
Senior Vice President
AGE
56
Board of Directors Tenure

Average tenure and age of the Ultra Petroleum board of directors in years:

2.3
Average Tenure
53.5
Average Age
  • The average tenure for the Ultra Petroleum board of directors is less than 3 years, this suggests a new board.
Board of Directors

Evan Lederman

TITLE
Chairman of the Board
AGE
39
TENURE
1.8 yrs

Brad Johnson

TITLE
President
COMPENSATION
$736K
AGE
47
TENURE
1.8 yrs

Michael Keeffe

TITLE
Independent Director
COMPENSATION
$493K
AGE
67
TENURE
7.4 yrs

Neal Goldman

TITLE
Independent Non Executive Director
COMPENSATION
$504K
AGE
50
TENURE
2.7 yrs

Alan Mintz

TITLE
Independent Non Executive Director
COMPENSATION
$498K
AGE
57
TENURE
2.7 yrs

Steve McDaniel

TITLE
Independent Director
COMPENSATION
$492K
AGE
58
TENURE
13.4 yrs

Drew Scoggins

TITLE
Independent Director
COMPENSATION
$474K
AGE
39
TENURE
1.9 yrs

Sylvia Barnes

TITLE
Board Observer & Independent Director
AGE
62
TENURE
0.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
21. Aug 19 Buy Kason Kerr Individual 20. Aug 19 20. Aug 19 100,000 €0.09 €9,278
23. Aug 19 Sell Fir Tree Capital Management LP Company 21. Aug 19 21. Aug 19 -180,979 €0.11 €-20,151
23. Aug 19 Buy Jerald Stratton Individual 21. Aug 19 22. Aug 19 120,000 €0.13 €14,755
21. Aug 19 Buy David Honeyfield Individual 19. Aug 19 19. Aug 19 300,000 €0.11 €34,127
20. Aug 19 Buy C. Johnson Individual 16. Aug 19 19. Aug 19 845,966 €0.11 €88,607
01. Jul 19 Buy A. Rogers Individual 28. Jun 19 28. Jun 19 2,000 €0.17 €337
16. Apr 19 Buy Jerald Stratton Individual 11. Apr 19 11. Apr 19 80,000 €0.49 €39,209
01. Apr 19 Buy David Honeyfield Individual 29. Mar 19 29. Mar 19 60,000 €0.54 €32,611
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Management checks
We assess Ultra Petroleum's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ultra Petroleum has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

UPM1 News

Simply Wall St News

UPM1 Company Info

Description

Ultra Petroleum Corp., an independent oil and gas company, engages in the acquisition, exploration, development, operation, and production of oil and natural gas properties. Its principal business activities are developing its natural gas reserves in the Green River Basin of southwest Wyoming—the Pinedale and Jonah fields. As of December 31, 2018, the company owned interests in approximately 114,000 gross acres in Wyoming. The company was founded in 1979 and is headquartered in Englewood, Colorado.

Details
Name: Ultra Petroleum Corp.
UPM1
Exchange: DB
Founded: 1979
$36,931,317
197,840,056
Website: http://www.ultrapetroleum.com
Address: Ultra Petroleum Corp.
116 Inverness Drive East,
Suite 400,
Englewood,
Colorado, 80112,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK UPLC Common Stock Pink Sheets LLC US USD 13. Apr 2017
DB UPM1 Common Stock Deutsche Boerse AG DE EUR 13. Apr 2017
Number of employees
Current staff
Staff numbers
151
Ultra Petroleum employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/08 21:45
End of day share price update: 2019/09/10 00:00
Last estimates confirmation: 2019/03/07
Last earnings filing: 2019/11/07
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.