Ultra Petroleum Corp. (NYSE: UPL) announces the following webcast to discuss its first quarter 2014 financial and operating results: May 1, 2014 at 11:00 a.m. Eastern Daylight Time. Ultra Petroleum Corp. (NYSE:UPL) shares after opening at $28.04 moved to $29.41 on last trade day and at the end of the day closed at $29.38. Company price to sales ratio in past twelve months was calculated as 4.82 and price to cash ratio as 420.46. Ultra Petroleum Corp. (NYSE:UPL) showed a positive weekly performance of 4.07%.
FX Energy, Inc. (NASDAQ:FXEN) reported that the Tuchola-4K well reached its primary objective, the lower Zechstein Ca1 formation at 2,740 meters, approximately 60 meters high to last year’s Tuchola-3K well. The Tuchola-4K well was then cored and drilled to 2,810 meters, its current depth, with strong gas shows observed throughout. This 70 meter interval was then logged, showing gas saturation throughout. The gas includes components up to C2 ethane and C3 propane. Logs and cores both show very good porosity. FX Energy, Inc. (NASDAQ:FXEN) shares advanced 13.91% in last trading session and ended the day on $4.75. FXEN return on equity ratio is recorded as -33.30% and its return on assets is -16.50%. FX Energy, Inc. (NASDAQ:FXEN) yearly performance is 79.25%.
Midstates Petroleum Company (NYSE:MPO) was downgraded by stock analysts at MLV & Co from a “buy” rating to a “hold” rating in a report issued on Monday, Analyst Ratings Network reports. Midstates Petroleum Company Inc (NYSE:MPO) shares moved up 7.45% in last trading session and was closed at $5.91, while trading in range of $5.48-$5.98. Midstates Petroleum Company Inc (NYSE:MPO) year to date performance is -10.73%.
Franks International NV (NYSE:FI) announced that its first quarter 2014 earnings release will be issued after market close on Thursday, May 1, 2014. The Company will host a conference call to discuss first quarter results the following morning, Friday, May 2, 2014 at 9:30 a.m. Central Time (10:30 a.m. Eastern Time). Franks International NV (NYSE:FI) weekly performance is 7.69%. On last trading day company shares ended up $25.90. Franks International NV (NYSE:FI) distance from 50-day simple moving average is 9.32%. Analysts mean target price for the company is $27.70.
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