Ultra Petroleum Corp., an Independent Exploration and Production Company, celebrates its transfer to the NYSE, from the American Stock Exchange
179th NYSE-listed company in the Oil and Gas Sector, with a combined Market Cap of $3.7 trillion
On August 3,Ultra Petroleum Corp., an independent exploration and production company, celebrated its transfer from the American Stock Exchange to the New York Stock Exchange, where it will continue to trade under the ticker symbol “UPL .”
Ultra Petroleum Corp. Chairman, President & CEO Michael D. Watford, joined by senior executives from thecompany, commemorated today’s transfer by ringing The Opening BellSM. Ultra Petroleum is the 11th transfer from another market to the NYSE year-to-date and the 179th company in the oil and gas sector trading on the NYSE, bringing the combined total market cap of NYSE-listed oil and gas companies to $3.7 trillion.
“We welcome Ultra Petroleum Corp. to the NYSE family of listed companies,” said NYSE Euronext CEO John A. Thain. “Ultra Petroleum is an outstanding addition to our roster of NYSE-listed companies in the oil and gas sector. We look forward to a strong and lasting partnership, and to providing the company and its shareholders with the superior market quality, liquidity and visibility that NYSE-listed companies enjoy.”
“We believe the move will benefit our shareholders through increased visibility and decreased volatility,” stated Ultra Petroleum Corp. Michael D. Watford, Chairman, President & CEO. “We join the ranks of many other mid and large-cap oil and gas companies currently trading on the NYSE with this move. We have had a successful history with our specialists and the American Stock Exchange and we are looking forward to our new relationship with the NYSE.”
Spear Leeds & Kellogg is the specialist firm representing Ultra Petroleum Corp. -NYSE Euronext
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