Ultra Petroleum Corp. announced production results for the fourth quarter and full-year of 2019. For the quarter, the company produced 55.4 Bcfe, an average rate for the quarter of 602 MMcfe per day. Natural gas production was 53.1 Bcf and oil production was 378,000 Bbls for the fourth quarter.

The company also announced that full-year 2019 production was 240.2 Bcfe. The company also announced that it is confirming its 2020 production guidance of 182 to 192 Bcfe.