Ultra Petroleum Corp. (NASDAQ:UPLC) insider David W. Honeyfield purchased 60,000 shares of the stock in a transaction dated Friday, March 29th. The stock was purchased at an average price of $0.61 per share, with a total value of $36,600.00. Following the completion of the acquisition, the insider now directly owns 60,000 shares in the company, valued at approximately $36,600. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of NASDAQ UPLC traded up $0.07 during trading on Friday, reaching $0.28. The stock had a trading volume of 3,609,295 shares, compared to its average volume of 2,634,852. Ultra Petroleum Corp. has a one year low of $0.08 and a one year high of $2.04.

Ultra Petroleum (NASDAQ:UPLC) last issued its quarterly earnings results on Friday, August 9th. The company reported $0.02 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.01. The firm had revenue of $155.41 million during the quarter, compared to the consensus estimate of $179.80 million.

Ultra Petroleum Company Profile

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.

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