Ultra Petroleum Corporation (UPL): Today's Featured Energy Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Ultra Petroleum Corporation ( UPL) pushed the Energy industry lower today making it today's featured Energy laggard. The industry as a whole closed the day up 0.8%. By the end of trading, Ultra Petroleum Corporation fell 36 cents (-1.6%) to $21.83 on average volume. Throughout the day, 3.2 million shares of Ultra Petroleum Corporation exchanged hands as compared to its average daily volume of three million shares. The stock ranged in price between $21.61-$22.35 after having opened the day at $22.28 as compared to the previous trading day's close of $22.19. Other companies within the Energy industry that declined today were: GeoPetro Resources Company ( GPR), down 18%, Houston American Energy Corporation ( HUSA), down 8.1%, Apco Oil and Gas International ( APAGF), down 6.5%, and Magellan Petroleum Corporation ( MPET), down 5.9%.
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Ultra Petroleum Corp., an independent oil and gas company, engages in the acquisition, exploration, development, production, and operation of oil and natural gas properties in the United States. Ultra Petroleum Corporation has a market cap of $3.5 billion and is part of the basic materials sector. Shares are down 25.1% year to date as of the close of trading on Wednesday. Currently there are four analysts that rate Ultra Petroleum Corporation a buy, two analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Ultra Petroleum Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, generally high debt management risk, disappointing return on equity and weak operating cash flow.

On the positive front, Energy Services of America Corporation ( ESA), up 13.2%, Gastar Exploration ( GST), up 8%, Recovery Energy ( RECV), up 7.5%, and Andatee China Marine Fuel Services Corporat ( AMCF), up 7.4%, were all gainers within the energy industry with Suncor Energy ( SU) being today's featured energy industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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