Can I read Short Recommendation on Ultra Petroleum on EtoBox?

Short Recommendation on Ultra Petroleum by ihopethisworks is a document available to read on EtoBox.

What is Short Recommendation on Ultra Petroleum about?

The document recommends shorting shares of Ultra Petroleum based on three key reasons: 1) Ultra Petroleum has overstated the estimated ultimate recovery per well across its regions, which means its proven reserves are likely overstated by 25-40%. 2) Potential cost savings from reduced drilling and operating expenses would provide less upside to the share price than the market expects. 3) Drilling in the Marcellus shale region could be halted or reduced, depending on natural gas prices, which would fur

Author

ihopethisworks

Language

EN