Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $1.36 USD
Change Today -0.04 / -2.86%
Volume 11.3K
ULTR On Other Exchanges
Symbol
Exchange
Berlin
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

ultrapetrol (bahamas) ltd (ULTR) Snapshot

Open
$1.40
Previous Close
$1.40
Day High
$1.40
Day Low
$1.35
52 Week High
08/15/14 - $3.59
52 Week Low
03/11/15 - $1.00
Market Cap
191.0M
Average Volume 10 Days
29.1K
EPS TTM
$-0.26
Shares Outstanding
140.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for ULTRAPETROL (BAHAMAS) LTD (ULTR)

ultrapetrol (bahamas) ltd (ULTR) Related Bloomberg News

View More Bloomberg News

ultrapetrol (bahamas) ltd (ULTR) Related Businessweek News

No Related Businessweek News Found

ultrapetrol (bahamas) ltd (ULTR) Details

Ultrapetrol (Bahamas) Limited, an industrial shipping company, provides marine transportation services in South America, Europe, Central America, North America, and Asia. The company operates in three segments: River Business, Offshore Supply Business, and Ocean Business. The River Business segment owns and operates dry and tanker barges, and push boats in the Hidrovia region of South America. Its dry barges transport agricultural and forestry products, iron ore, and other cargoes; and tanker barges carry petroleum products, vegetable oils, and other liquids. As of December 31, 2014, this segment owned 687 barges with approximately 1.3 million dwt capacity; and 33 push boats. The Offshore Supply Business segment owns and operates vessels that provide logistical and transportation services for offshore petroleum exploration and production companies. It transports supplies, such as containerized equipment, drill casings, pipes, and heavy loads; fuel, water, drilling fluids, and bulk cement; and various other supplies to drilling rigs and platforms. This segment’s fleet consisted of 14 platform supply vessels. The Ocean Business segment owns and operates oceangoing vessels, which transports petroleum products, as well as a container line service in the Argentine cabotage trade. This segment operated 6 oceangoing vessels, including 4 product tankers and 2 container feeder vessels. The company serves petroleum, agricultural, and mining companies. Ultrapetrol (Bahamas) Limited was founded in 1992 and is headquartered in Nassau, the Bahamas.

1,614 Employees
Last Reported Date: 04/16/15
Founded in 1992

ultrapetrol (bahamas) ltd (ULTR) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

ultrapetrol (bahamas) ltd (ULTR) Key Developments

Ultrapetrol (Bahamas) Ltd. Reports Audited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Capex Guidance for 2015

Ultrapetrol (Bahamas) Limited reported audited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. Total revenues for the fourth quarter of 2014 were USD 78.6 million as compared with USD 99.0 million in the same period of 2013. Adjusted consolidated EBITDA for the fourth quarter of 2014 was a loss of USD 1.6 million as compared with USD 15.0 million in the same period of 2013. For a reconciliation of adjusted consolidated EBITDA to cash flows from operating activities. Adjusted total net loss for the fourth quarter of 2014 was USD 25.6 million, or USD 0.18 per share, as compared with net loss of USD 7.4 million, or USD 0.05 per share, during the same period of 2013. Before adjusting for the effects, the recorded total net loss and net loss per share are USD 35.7 million and USD 0.25, respectively. For the year, the company reported revenues of USD 363.675 million compared to USD 411.217 million a year ago. Operating loss was USD 13.339 million compared to operating profit of USD 35.166 million a year ago. Loss before income tax was USD 47.211 million compared to income before income tax of USD 14.518 million a year ago. Loss from continuing operations was USD 52.276 million compared to income from continuing operations of USD 7.921 million a year ago. Net loss was USD 52.276 million compared to net income of USD 7.921 million a year ago. Net loss attributable to the company was USD 52.276 million compared to net income attributable to the company of USD 7.368 million a year ago. Basic and diluted loss per share from continuing operations was USD 0.37 compared to basic and diluted income per share from continuing operations of USD 0.05 a year ago. Total cash flows provided by operating activities was USD 35.254 million compared to USD 19.847 million a year ago. Adjusted Consolidated EBITDA was USD 57.072 million compared to USD 97.067 million a year ago. Purchase of vessels and equipment was USD 59.234 million compared to USD 130.136 million a year ago. 2014, the company made new investments, this is CapEx for USD 52 million in buyers ongoing project in River business, which includes the shipyard barges built or sales during 2014, and includes USD 4.6 million in PSVs. For 2015, CapEx would be around USD 30 million, which includes, USD 5 million for the River, another USD 5 million for PSVs, mainly spares.

Ultrapetrol (Bahamas) Ltd. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2014; Provides Update on Recent Developments in its Offshore Supply Business

Ultrapetrol (Bahamas) Ltd. provided earnings guidance for the fourth quarter and full year of 2014. For the year, the company expects to report an adjusted EBITDA in the range of $57.0 million to $59.0 million. The company's fourth quarter results were adversely affected by developments in December 2014 related to lower than forecasted North Sea spot rates, extensive off-hire resulting from a now-resolved mechanical issue with one of the container feeder vessels in the Ocean segment, and increased costs related to the company's initiative to improve the reliability of its fleet of pushboats in the River Business. The company provided an update on recent developments in its Offshore Supply Business. The company announced that it had renewed a contract with Petrobras, which expired in March 2015, to employ the UP Turquoise for an additional four years at $30,050 per day, consistent with its previous contract. Additionally, the company confirmed that the UP Opal has commenced its employment on a four-year contract with Petrobras at a rate of $31,000, and the UP Coral is expected to commence a six-year contract with Petrobras in mid-2015 as an ROV Support Vessel ("RSV") earning $87,000 per day, which includes remuneration to a joint venture partner.

Ultrapetrol (Bahamas) Ltd. to Report Q4, 2014 Results on Apr 16, 2015

Ultrapetrol (Bahamas) Ltd. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Apr 16, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ULTR:US $1.36 USD -0.04

ULTR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Deep Sea Supply PLC 4.01 NOK -0.02
Farstad Shipping ASA 36.90 NOK +1.60
Havila Shipping ASA 10.25 NOK -0.10
Pulse Seismic Inc C$2.76 CAD -0.04
Solstad Offshore ASA 48.00 NOK 0.00
View Industry Companies
 

Industry Analysis

ULTR

Industry Average

Valuation ULTR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 0.5x
Price/Cash Flow 167.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ULTRAPETROL (BAHAMAS) LTD, please visit www.ultrapetrol.net. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.