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ENGLEWOOD, Colo., Sept. 16, 2020 (GLOBE NEWSWIRE) -- UP Energy, LLC (formerly known as UP Energy Corporation) (the “Company” or “Ultra”) today announced that on September 14, 2020 the conditions to effectiveness of its Chapter 11 Plan of Reorganization, which was...
Ultra Petroleum (OTCQX: OTCQX:UPLC ) filed for Ch.11 bankruptcy late in the evening on May 14 in Texas and Judge Marvin Isgur was assigned the case. The Ch.11 reorganization plan is included in the declaration by Brad Johnson ( docket 14 ). Shareholders are getting no recovery. The filing was ...
Ultra Petroleum ( OTCQX:UPLC ) says it filed for Chapter 11 bankruptcy protection - the second time in four years. More news on: Ultra Petroleum Corp., Energy stocks news, Read more ...
ENGLEWOOD, Colo., May 14, 2020 (GLOBE NEWSWIRE) -- Ultra Petroleum Corp. ("Ultra” or the “Company”) (OTCQX: UPLC) has agreed to the terms of a comprehensive balance-sheet restructuring with key creditor constituencies, more specifically including holders of 100% of...
It has been exactly three months since my last article, so I thought it might be a good time to check in. Has anything important happened in that period? After the time-consuming and exhausting effort of writing several articles early in the year, then anticipating having to immediately dive...
The Short Thesis CorEnergy Infrastructure Trust ( CORR ) is a good company that has been caught in the worst energy environment in history. Its market price has remained strangely high given the fundamental backdrop and we believe there is significant downside ahead. Roughly 48% of their r...
Ultra Petroleum ( UPLC ) appears headed for bankruptcy soon. I had noted before that it could theoretically file for bankruptcy at any time, although it could also survive until early 2022 if allowed to by its creditors. It recently mentioned that talks around an out-of-court restructuri...
Ultra Petroleum ( OTCQX:UPLC ) -10.6% pre-market after its 8-K filing says previous talks about an out-of-court restructuring have collapsed, and discussions with other debtholders and their advisers are focused on a potential Chapter 11 filing. More news on: Ultra Petroleum Corp., Ene...
Ultra Petroleum ( OTCQX:UPLC ): Q4 Non-GAAP EPS of $0.11; GAAP EPS of -$0.01. More news on: Ultra Petroleum Corp., Earnings news and commentary, Energy stocks news, , Read more ...
ENGLEWOOD, Colo., April 14, 2020 (GLOBE NEWSWIRE) -- Ultra Petroleum Corp. ("Ultra” or the “Company”) (OTCQX: UPLC) announces financial and operating results for the quarter and year ended December 31, 2019. The Company is also reporting proved reserves as of year-end D...
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ENGLEWOOD, Colo., Sept. 16, 2020 (GLOBE NEWSWIRE) -- UP Energy, LLC (formerly known as UP Energy Corporation) (the “Company” or “Ultra”) today announced that on September 14, 2020 the conditions to effectiveness of its Chapter 11 Plan of Reorganization, which was...
ENGLEWOOD, Colo., May 14, 2020 (GLOBE NEWSWIRE) -- Ultra Petroleum Corp. ("Ultra” or the “Company”) (OTCQX: UPLC) has agreed to the terms of a comprehensive balance-sheet restructuring with key creditor constituencies, more specifically including holders of 100% of...
ENGLEWOOD, Colo., April 14, 2020 (GLOBE NEWSWIRE) -- Ultra Petroleum Corp. ("Ultra” or the “Company”) (OTCQX: UPLC) announces financial and operating results for the quarter and year ended December 31, 2019. The Company is also reporting proved reserves as of year-end D...