Ultra Petroleum Corp. (UPL) Financial Statements (2026 and earlier)

Company Profile

Business Address 116 EAST INVERNESS DRIVE
ENGLEWOOD, CO 80112
State of Incorp. YT
Fiscal Year End December 31
Industry (SIC) 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

6/30/2020
MRQ
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,66417,01416,631401,4784,1438,919
Cash and cash equivalent 1,66417,01416,631401,4784,1438,919
Restricted cash and investments 1,7772,2911,638   
Receivables 6,36411,34816,61610,78116,556 
Inventory, net of allowances, customer advances and progress billings  18,75713,4504,9064,26910,200
Inventory  18,75713,4504,9064,26910,200
Deferred costs     20,477 
Derivative instruments and hedges, assets 32,10023,37416,865  104,190
Deposits current assets    13,359  
Other current assets 10,7462,4735,647   
Income taxes receivable✕✕✕✕✕✕6,200
Deferred tax assets✕✕    (30,638)
Other undisclosed current assets 72,838139,47396,57890,86965,216178,267
Total current assets: 125,489214,730167,425521,393110,661277,138
Noncurrent Assets
Operating lease, right-of-use asset 119,496✕✕✕✕✕
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 9,77911,6359,5697,6958,84412,186
Oil and gas, full cost method, property and equipment, after accumulated depletion 1,552,4191,497,7271,325,068   
Other noncurrent assets 8,0939,19610,9201,37483526,789
Deferred tax assets, net✕✕  (49,644)(1,424)(137,514)
Other undisclosed noncurrent assets    1,060,110852,5704,047,091
Total noncurrent assets: 1,689,7871,518,5581,345,5571,019,535860,8253,948,552
TOTAL ASSETS: 1,815,2761,733,2881,512,9821,540,928971,4864,225,690
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 72,727124,169164,62581,519208,500198,083
Interest and dividends payable 29,90328,67224,406 42,657 
Taxes payable      30,638
Accounts payable  36,92359,95128,17193,41577,580
Accrued liabilities 42,82458,57480,26853,34872,42889,865
Debt 2,162,1487,313  3,390,000100,000
Derivative instruments and hedges, liabilities 20,69262,350    
Asset retirement obligation 193193263 (305)(417)
Other undisclosed current liabilities 68,46173,18683,60256,68973,149148,052
Total current liabilities: 2,324,221267,211248,490138,2083,671,344445,718
Noncurrent Liabilities
Long-term debt and lease obligation 2,257,7972,208,1682,116,211  3,278,000
Long-term debt, excluding current maturities 2,150,2102,208,1682,116,211  3,278,000
Liabilities, other than long-term debt 228,282211,895197,728334,022165,784280,287
Asset retirement obligations    156,934 126,823
Deferred tax liabilities, net✕✕    992
Other liabilities 228,282211,895197,728177,088165,784152,472
Operating lease, liability 107,587✕✕✕✕✕
Other undisclosed noncurrent liabilities (2,150,210)94,636    
Total noncurrent liabilities: 335,8692,514,6992,313,939334,022165,7843,558,287
Total liabilities: 2,660,0902,781,9102,562,429472,2303,837,1284,004,005
Equity
Equity, attributable to parent (844,814)(1,048,622)(1,154,636)(2,928,151)(2,991,937)211,660
Common stock 2,140,5202,137,4432,116,018510,063502,050495,913
Treasury stock, value (49)(49)(49)(49)(176)(6,213)
Accumulated deficit (2,985,285)(3,186,016)(3,270,605)(3,438,165)(3,493,811)(278,040)
Total equity: (844,814)(1,048,622)(1,154,636)(2,928,151)(2,991,937)211,660
Other undisclosed liabilities and equity   105,1893,996,849126,29510,025
TOTAL LIABILITIES AND EQUITY: 1,815,2761,733,2881,512,9821,540,928971,4864,225,690

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

6/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 742,032892,499891,873721,091839,1111,230,020
Revenue, net✕✕✕891,873721,091839,1111,230,020
Cost of revenue (238,737)(520,501)(280,406)(276,163)(372,034)(359,262)
Cost of product and service sold (7,461) (92,326)   
Gross profit: 503,295371,998611,467444,928467,077870,758
Operating expenses (276,222)(17,242)(213,182)(144,552)(3,553,486)(311,169)
Operating income (loss): 227,073354,756398,285300,376(3,086,409)559,589
Nonoperating expense
(Other Nonoperating expense)		 (120,135)(269,107)(375,346)(197,376)(125,215)(22,562)
Interest and debt expense (12,966)(11,210)2,459,000(66,565)(185,000)(126,157)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 12,96611,210(2,318,093)19,062185,000126,157
Income (loss) from continuing operations before income taxes: 106,93885,649163,84655,497(3,211,624)537,027
Income tax expense (benefit) 1,050(442)13,2946544,4045,824
Income (loss) from continuing operations: 107,98885,207177,14056,151(3,207,220)542,851
Income (loss) before gain (loss) on sale of properties: 107,98885,207177,14056,151(3,207,220)542,851
Net income (loss) available to common stockholders, diluted: 107,98885,207177,14056,151(3,207,220)542,851

Comprehensive Income ($ in thousands)
Annual | Quarterly

6/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss): 107,98885,207177,14056,151(3,207,220)542,851
Comprehensive income (loss), net of tax, attributable to parent: 107,98885,207177,14056,151(3,207,220)542,851

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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