Is Ultra Petroleum a Buy?
Aug 20th 2013 1:00PM
Updated Aug 20th 2013 1:02PM
In this segment of The Motley Fool's energy-focused show, "Digging for Value", energy analysts Joel South and Taylor Muckerman discuss rising natural gas prices and look into low cost producer, Ultra Petroleum (NYSE: UPL). While Ultra Petroleum is nicely positioned to profit from higher natural gas prices, investors need to focus on the company's balance sheet as debt covenants could hamper Ultra Petroleum's access to capital. Check out the video below for more information in addition to seeing if Ultra is a buy today.
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The article Is Ultra Petroleum a Buy? originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Ultra Petroleum. The Motley Fool owns shares of Ultra Petroleum and has the following options: long January 2014 $30 calls on Ultra Petroleum, long January 2014 $40 calls on Ultra Petroleum, and long January 2014 $50 calls on Ultra Petroleum. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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