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Stock impact report

Ultra Petroleum -25% after failing to reach terms with lenders [Seeking Alpha]

ULTRA PETROLEUM CORP COMMON (UPL) 
Last ultra petroleum corp common earnings: 5/9 06:00 am Check Earnings Report
US:NYSE Investor Relations: ultrapetroleum.com
Company Research Source: Seeking Alpha
Ultra Petroleum (NASDAQ: UPL ) after-hours following news that it was unable to reach agreement with lenders on terms of a senior secured first lien term loan, and says further talks have ceased. UPL also says it moved forward the semi-annual redetermination of its borrowing base under its reserve-based credit facility, which has been reduced by $100M to $1.3B. In a lender presentation , UPL says its robust resource base continues to provide significant coverage for lenders. See all stocks on the move » Now read: The Oil Royalty Companies: Get An Exposure To Rising Oil Price At Half Of The Risk » Subscribe for full text news in your inbox Show less Read more
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