An issue of Ultra Petroleum Corp. (NYSE:UPL) debt rose 1.3% against its face value during trading on Monday. The high-yield debt issue has a 6.125% coupon and is set to mature on October 1, 2024. The bonds in the issue are now trading at $70.50 and were trading at $79.50 last week. Price changes in a company’s debt in credit markets sometimes predict parallel changes in its share price.
Ultra Petroleum Corp. (NYSE:UPL) remained flat at $0.31 on Monday. The firm’s 50-day moving average price is $0.31 and its 200 day moving average price is $0.31. Ultra Petroleum Corp. has a one year low of $0.18 and a one year high of $2.77.
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Ultra Petroleum Corp. Company Profile
Ultra Petroleum Corp. is an independent oil and gas company. The Company is engaged in the development, production, operation, exploration and acquisition of oil and natural gas properties. The Company operates in natural gas and oil exploration and development industry, with geographical segment, the United States.
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