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Published on 7/20/2016 in the Prospect News Distressed Debt Daily.

Ultra Petroleum reports $19.1 million of operating income for June

By Caroline Salls

Pittsburgh, July 20 – Ultra Petroleum Corp. posted $19.1 million of operating income for June on $50.36 million of total revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of Texas.

Net income for the month was $18.4 million.

The company had $269.46 million of cash as of June 30.

Ultra Petroleum is a Houston-based independent exploration and production company. The company filed bankruptcy on April 29 under Chapter 11 case number 16-32202.


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