On Friday, Ultra Petroleum Corp. (NYSE:UPL)’s shares declined -1.49% to $6.63.
Ultra Petroleum Corp. (UPL) continued to deliver strong financial and operating performance for the second quarter of 2015. Highlights include:
- Produced volumes of 70.5 Bcfe of natural gas and oil, an increase of 20% above year ago levels
- Generated operating cash flow(1)of $121.9 million for the quarter ended June 30, 2015
- Earnings of $32.1 million in the second quarter of 2015, or $0.21 per diluted share – adjusted(2)
- 47 percent cash flow margin(4)for the second quarter of 2015
Second Quarter Results
Ultra Petroleum stated adjusted net income(2) of $32.1 million, or $0.21 per diluted share for the second quarter of 2015. Operating cash flow(1) was $121.9 million for the quarter ended June 30, 2015.
For the second quarter of 2015, production of natural gas and oil was 70.5 billion cubic feet equivalent (Bcfe). The company’s production for the second quarter was comprised of 65.1 billion cubic feet (Bcf) of natural gas and 900.0 thousand barrels (Mbls) of oil and condensate.
During the second quarter of the year, Ultra Petroleum’s average realized natural gas price was $3.33 per thousand cubic feet (Mcf), counting realized gains and losses on commodity hedges. Not taking into account realized gains and losses on commodity derivatives, the company’s average price for natural gas was $2.52 per Mcf. The company’s average realized oil and condensate price was $48.64 per barrel (Bbl).
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. It primarily focuses on developing natural gas reserves in the Green River Basin of Wyoming; oil reserves in the Uinta Basin of Utah; and natural gas reserves in the Appalachian Basin of Pennsylvania. A
Ralph Lauren Corp (NYSE:RL)’s shares dropped -2.13% to $110.65.
Ralph Lauren Corporation’s (RL) innovative PoloTech™ smartshirt, a seamless blend of sleek, modern style with real-time biometric technology, makes its retail debut on August 27. Ralph Lauren continues to lead the fashion industry in wearable technology with the launch of this groundbreaking fitness shirt and the simultaneous introduction of a game-changing, adaptive workout app that uses detailed data to tailor individualized training for maximum results.
The introduction of the PoloTech shirt coincides with the inaugural collection of an athletic-focused, broader Polo Sport brand. As its halo product, PoloTech intersects the forefronts of performance technology and lifestyle fashion.
Ralph Lauren Corporation designs, markets, and distributes lifestyle products worldwide. The company operates in three segments: Wholesale, Retail, and Licensing. It offers apparel, counting a range of men’s, women’s, and children’s clothing; accessories, which comprise footwear, eyewear, watches, fine jewelry, hats, belts, and leather goods, such as handbags and luggage; home products comprising of bedding and bath products, furniture, fabrics and wallpapers, lightings, paints, tabletops, and giftware; and fragrances.
At the end of Friday’s trade, Golar LNG Limited (USA) (NASDAQ:GLNG)‘s shares dipped -3.70% to $35.44.
Dynagas Ltd. GasLog Ltd. (“GLOG) and Golar LNG Ltd (“GLNG) jointly declare that they have reached an LNG carrier pooling agreement (the “LNG Carrier Pool”) to market their vessels, which are presently operating in the LNG shipping spot market.
The LNG Carrier Pool allows the participating owners to optimise the operation of the pool vessels through improved scheduling ability, cost efficiencies and common marketing. The objective of the LNG Carrier Pool is to serve the transportation requirements of a rapidly growing LNG shipping market by providing customers with reliable, more flexible, and innovative solutions to meet their increasingly complex shipping requirements.
Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, liquefaction, and trading of LNG. The company operates in three segments: Vessel Operations, LNG Trading, and FLNG. It is involved in the acquisition, ownership, operation, and chartering of LNG carriers and floating storage regasification units (FSRUs); and the development of LNG projects. As of August 18, 2015, the company, together with the fleet held by Golar LNG Partner LP, owned and managed 26 LNG carriers and FSRUs. Golar LNG Limited was founded in 1946 and is headquartered in Hamilton, Bermuda.
Acadia Healthcare Company Inc (NASDAQ:ACHC), ended its Friday’s trading session with -3.08% loss, and closed at $73.68.
Acadia Healthcare Company, Inc. (ACHC) declared the commencement of an underwritten offering of 5,033,230 shares of its common stock, par value $0.01 (the “Common Stock”), by investment funds associated with Waud Capital Partners, L.L.C., investment funds associated with Bain Capital Investors, LLC, and certain current and former officers and directors of the Company. The Company will not receive any proceeds from the offering.
UBS Investment Bank is acting as the underwriter of the offering.
Acadia Healthcare Company, Inc. develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, and substance abuse facilities providing outpatient behavioral healthcare services to serve the behavioral health and recovery needs of communities in the United States, the United Kingdom, and Puerto Rico. Its acute inpatient psychiatric facilities offer evaluation and crisis stabilization of patients with severe psychiatric diagnoses; specialty treatment facilities comprise residential recovery facilities, eating disorder facilities, and comprehensive treatment centers providing a comprehensive continuum of care for adults with addictive disorders and co-occurring mental disorders; and residential treatment centers treat patients with behavioral disorders in a non-hospital setting, counting outdoor programs.
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