Ultrapetrol (Bahamas) Limited (ULTRF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Ultrapetrol (Bahamas) Limited (ULTRF). Ultrapetrol (Bahamas) Limited is an industrial shipping company operating in South America, Europe, Central America, North America, and Asia. Sector: Industrials.
Last analyzed: Mar 16, 2026ULTRF: 1/1 perspectives are bearish.
Ultrapetrol (Bahamas) Limited (ULTRF) Industrial Operations Profile
Ultrapetrol (Bahamas) Limited provides marine transportation services across multiple continents, focusing on river, offshore supply, and ocean businesses. Operating a diverse fleet of barges, supply vessels, and oceangoing vessels, the company serves petroleum, agricultural, and mining sectors, primarily in South America.
What Is the Investment Thesis for ULTRF?
Ultrapetrol (Bahamas) Limited operates in the cyclical marine transportation industry, with its financial performance heavily influenced by commodity prices and global trade volumes. As of the latest financials, the company reports a negative profit margin of -13.8% and a gross margin of 15.6%. The company's high beta of 3.11 indicates significant volatility relative to the market. Growth catalysts include potential increases in demand for agricultural and mining products in South America, which could boost the River Business segment. However, the company faces risks related to fluctuating fuel costs, regulatory changes, and competition within the marine shipping industry. Investors should closely monitor the company's ability to improve profitability and manage its operational costs.
Based on FMP financials and quantitative analysis
ULTRF Key Highlights
- Operates in three segments: River Business, Offshore Supply Business, and Ocean Business.
- River Business segment includes 681 barges with approximately 1.3 million dwt capacity as of December 31, 2015.
- Offshore Supply Business segment operates 13 platform supply vessels and 1 remotely operated vehicle.
- Serves petroleum, agricultural, and mining companies across South America, Europe, Central America, North America, and Asia.
- Reported a negative profit margin of -13.8% and a gross margin of 15.6%.
Who Are ULTRF's Competitors?
Who Are ULTRF's Competitors?
ULTRF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MGLI Magellan Industries, Inc. | $0.00 | +0.00% | 27K | 48 |
| MTRT The Metal Arts Company, Inc. | $0.00 | +0.00% | 17K | 47 |
| CDLR Cadeler A/S | $28.24 | +2.02% | 3B | 67 |
| CMBT Cmb.Tech NV is involved in marine transportation, operating through Marine, H2 Infra, and H2 Industry divisions. The company | $14.94 | +0.27% | 4B | 60 |
| DAC Danaos Corporation | $127.52 | -1.49% | 3B | 60 |
| NMM Navios Maritime Partners L.P. | $71.27 | -1.16% | 3B | 60 |
| CCEC Capital Clean Energy Carriers Corp. | $22.24 | +3.06% | $1.34B | 48 |
| SBLK Star Bulk Carriers Corp. | $25.28 | +0.60% | 3B | 49 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are ULTRF's Key Strengths?
- Established presence in South American river transportation.
- Diverse fleet of barges, push boats, and offshore supply vessels.
- Long-standing relationships with key customers.
- Operational expertise in complex river systems.
What Are ULTRF's Weaknesses?
- Negative profit margin indicates financial challenges.
- High beta suggests significant stock price volatility.
- Dependence on commodity prices and global trade volumes.
- Limited geographic diversification beyond South America.
What Could Drive ULTRF Stock Higher?
- Increased demand for agricultural exports from the Hidrovia region boosting River Business segment.
- Rising offshore oil and gas exploration activities driving demand for Offshore Supply services.
- Potential strategic partnerships with logistics providers expanding service offerings.
- Technological upgrades improving efficiency and reducing operating costs.
- Expansion of ocean-going vessel operations in niche markets.
What Are the Key Risks for ULTRF?
- Fluctuations in fuel costs impacting profitability.
- Regulatory changes affecting marine transportation.
- Intense competition from other shipping companies.
- Economic downturns reducing demand for transportation services.
- Limited disclosure and liquidity due to OTC Other listing.
What Are the Growth Opportunities for ULTRF?
- Expansion in the Hidrovia Region: Ultrapetrol can capitalize on the growing demand for agricultural and mineral exports from the Hidrovia region in South America. Increased investment in infrastructure and logistics within the region could enhance the efficiency of river transport, boosting demand for Ultrapetrol's barge services. The market size for river transport in South America is projected to grow as regional economies expand, presenting a significant opportunity for Ultrapetrol to increase its market share.
- Offshore Supply Services: With increasing offshore oil and gas exploration activities, particularly in regions like Brazil, Ultrapetrol's Offshore Supply Business can benefit from higher demand for platform supply vessels. The market for offshore supply vessels is expected to grow as energy companies invest in deepwater drilling projects. Ultrapetrol's existing fleet of 13 platform supply vessels positions it to capture a portion of this growing market, provided it can maintain competitive pricing and operational efficiency.
- Ocean Business Expansion: Ultrapetrol can explore opportunities to expand its ocean-going vessel operations, particularly in niche markets or underserved trade routes. Focusing on specific cargo types or geographic regions where competition is less intense could allow Ultrapetrol to differentiate itself and secure profitable contracts. The global market for ocean freight is substantial, but success depends on effective route management, cost control, and customer service.
- Technological Upgrades: Investing in modernizing its fleet with more fuel-efficient vessels and advanced navigation systems can reduce operating costs and improve service reliability. Implementing digital solutions for vessel tracking, cargo management, and customer communication can enhance efficiency and customer satisfaction. These technological upgrades can provide a competitive edge and attract customers seeking reliable and cost-effective shipping solutions.
- Strategic Partnerships: Forming strategic alliances with other logistics providers, port operators, or commodity traders can expand Ultrapetrol's service offerings and geographic reach. Collaborating with partners can enable Ultrapetrol to offer integrated transportation solutions, from inland transport to ocean freight, creating value for customers and generating additional revenue streams. These partnerships can also provide access to new markets and customer segments.
What Opportunities Does ULTRF Have?
- Expansion in the Hidrovia region due to growing agricultural exports.
- Increased demand for offshore supply services in Brazil.
- Strategic partnerships with logistics providers and commodity traders.
- Technological upgrades to improve efficiency and reduce costs.
What Threats Does ULTRF Face?
- Fluctuations in fuel costs impacting profitability.
- Regulatory changes affecting marine transportation.
- Intense competition from other shipping companies.
- Economic downturns reducing demand for transportation services.
What Are ULTRF's Competitive Advantages?
- Established presence in the Hidrovia region of South America, providing a competitive advantage in river transportation.
- Specialized fleet of barges, push boats, and offshore supply vessels tailored to specific transportation needs.
- Long-standing relationships with key customers in the petroleum, agricultural, and mining sectors.
- Operational expertise in navigating complex river systems and offshore environments.
What Does ULTRF Do?
Founded in 1992 and headquartered in Nassau, Bahamas, Ultrapetrol (Bahamas) Limited operates as a subsidiary of Sparrow Capital Investments Ltd., providing marine transportation services across South America, Europe, Central America, North America, and Asia. The company is structured into three key segments: River Business, Offshore Supply Business, and Ocean Business. The River Business segment focuses on the Hidrovia region of South America, managing a fleet of 681 barges and 34 push boats as of December 31, 2015. These barges transport agricultural products, forestry products, iron ore, petroleum products, vegetable oils, and other liquids. The Offshore Supply Business segment supports offshore petroleum exploration and production, operating 13 platform supply vessels and 1 remotely operated vehicle. These vessels transport essential supplies like containerized equipment, drill casings, pipes, heavy loads, fuel, water, drilling fluids, and bulk cement to drilling rigs and platforms. The Ocean Business segment owns and operates oceangoing vessels, transporting petroleum products and providing container line services in the Argentine cabotage trade. Ultrapetrol serves a diverse clientele, including petroleum, agricultural, and mining companies, positioning itself as a key player in industrial shipping across multiple regions.
What Products and Services Does ULTRF Offer?
- Provides marine transportation services in South America, Europe, Central America, North America, and Asia.
- Operates a River Business segment with barges and push boats in the Hidrovia region of South America.
- Transports agricultural and forestry products, iron ore, petroleum products, and other liquids.
- Offers Offshore Supply Business services for offshore petroleum exploration and production companies.
- Transports supplies to drilling rigs and platforms using platform supply vessels.
- Operates an Ocean Business segment with oceangoing vessels for transporting petroleum products.
- Provides container line service in the Argentine cabotage trade.
How Does ULTRF Make Money?
- Generates revenue through marine transportation services across three segments: River Business, Offshore Supply Business, and Ocean Business.
- River Business earns revenue by transporting cargo via barges and push boats in the Hidrovia region.
- Offshore Supply Business generates income by providing logistical and transportation services to offshore petroleum companies.
- Ocean Business earns revenue from transporting petroleum products and providing container line services.
What Industry Does ULTRF Operate In?
Ultrapetrol (Bahamas) Limited operates within the marine shipping industry, a sector characterized by cyclical demand and sensitivity to global economic conditions. The industry is influenced by factors such as commodity prices, trade volumes, and regulatory changes. Competition is intense, with players like CLIRF, EVSP, EVSV, MGLI, and MTRT vying for market share. Ultrapetrol's focus on South America, particularly the Hidrovia region, positions it to capitalize on regional trade flows, but also exposes it to specific regional economic and political risks.
Who Are ULTRF's Key Customers?
- Petroleum companies requiring transportation of crude oil and refined products.
- Agricultural companies needing to transport grains, soybeans, and other agricultural commodities.
- Mining companies that transport iron ore and other minerals.
- Offshore petroleum exploration and production companies requiring supply and logistical support.
ULTRF Financials
ULTRF Latest News
No recent news available for ULTRF.
ULTRF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for ULTRF.
Price Targets
Wall Street price target analysis for ULTRF.
ULTRF MoonshotScore
What does this score mean?
The MoonshotScore rates ULTRF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Classification
Industry Marine ShippingLeadership: Eduardo Ojea Quintana
Unknown
Information on Eduardo Ojea Quintana's background is not available in the provided data. Without specific details, it is difficult to provide a comprehensive overview of his career history, education, or previous roles. His experience and credentials remain unknown based on the available information.
Track Record: Due to the lack of information regarding Eduardo Ojea Quintana's background and specific achievements, it is not possible to assess his track record or highlight key milestones achieved under his leadership. His strategic decisions and their impact on the company's performance cannot be evaluated with the available data.
ULTRF OTC Market Information
The OTC Other tier, where Ultrapetrol (Bahamas) Limited trades, represents the lowest tier of the OTC market. Companies in this tier often do not meet minimum financial standards and may not provide regular or audited financial reports. This tier is distinct from the higher OTCQX and OTCQB tiers, which require companies to meet specific financial and disclosure requirements, similar to those of exchanges like NYSE or NASDAQ. Trading on the OTC Other tier typically involves greater risks due to the limited information available to investors.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Disclosure: OTC Other companies often have minimal reporting requirements, making it difficult to assess their financial health.
- Low Liquidity: Trading volumes can be thin, leading to price volatility and difficulty in executing large trades.
- Potential for Fraud: The lack of regulatory oversight increases the risk of fraudulent or manipulative activities.
- Going Concern Risk: Companies on the OTC Other tier may face financial distress or bankruptcy risks.
- Information Asymmetry: Limited access to company information can create an uneven playing field for investors.
- Verify the company's legal status and registration.
- Obtain and review any available financial statements, even if unaudited.
- Research the background and experience of the company's management team.
- Assess the company's business model and competitive landscape.
- Evaluate the company's capital structure and debt levels.
- Monitor news and filings for any red flags or potential issues.
- Understand the risks associated with investing in OTC Other companies.
- Longevity of Operations: The company was founded in 1992, suggesting a history of operations.
- Subsidiary Status: Ultrapetrol is a subsidiary of Sparrow Capital Investments Ltd., which may provide some level of oversight.
- Employee Count: The company employs 1332 people, indicating a substantial operational scale.
- Industry Participation: Ultrapetrol operates in the established marine shipping industry.
- Geographic Reach: The company provides services across multiple continents, suggesting a broad operational footprint.
Ultrapetrol (Bahamas) Limited Industrials Stock: Key Questions Answered
What does Ultrapetrol (Bahamas) Limited do?
Ultrapetrol (Bahamas) Limited is an industrial shipping company that provides marine transportation services across South America, Europe, Central America, North America, and Asia. The company operates through three segments: River Business, which focuses on transporting agricultural and forestry products, iron ore, and other liquids via barges in the Hidrovia region; Offshore Supply Business, which supports offshore petroleum exploration with platform supply vessels; and Ocean Business, which transports petroleum products and provides container line services. The company serves petroleum, agricultural, and mining companies.
What do analysts say about ULTRF stock?
AI analysis is currently pending for ULTRF. Without analyst reports or ratings, it is difficult to provide a consensus view on the stock. Investors may want to evaluate the company's financial metrics, such as its negative profit margin and high beta, as well as industry trends and company-specific developments. Further research and due diligence are necessary to form an informed opinion on the investment potential of ULTRF.
What are the main risks for ULTRF?
The main risks for Ultrapetrol (Bahamas) Limited include its exposure to fluctuating fuel costs, which can significantly impact profitability. Regulatory changes in the marine transportation industry could also pose challenges. Intense competition from other shipping companies and potential economic downturns that reduce demand for transportation services are additional risks. Furthermore, the company's listing on the OTC Other tier presents risks related to limited disclosure and liquidity.
What are the key factors to evaluate for ULTRF?
Evaluating ULTRF involves reviewing fundamentals, analyst consensus, and risk factors. Key strength: Established presence in South American river transportation. Primary risk to monitor: Fluctuations in fuel costs impacting profitability. This is not financial advice.
How frequently does ULTRF data refresh on this page?
ULTRF prices update in real time during U.S. market hours (9:30 AM-4:00 PM ET, weekdays). Fundamentals refresh after quarterly or annual filings. Analyst ratings and AI insights update daily. News is aggregated continuously from financial sources.
What has driven ULTRF's recent stock price performance?
Recent price movement in Ultrapetrol (Bahamas) Limited (ULTRF) can be influenced by earnings results, analyst revisions, sector rotation, and broader market sentiment. Notable catalyst: Established presence in South American river transportation. Check the News and Technical Analysis tabs for the latest drivers. Past performance does not predict future results.
Should investors consider ULTRF overvalued or undervalued right now?
Determining whether Ultrapetrol (Bahamas) Limited (ULTRF) is overvalued or undervalued requires examining multiple metrics. Compare valuation ratios (P/E, P/S, EV/EBITDA) against sector peers for a comprehensive view.
What research should beginners do before buying ULTRF?
Before investing in Ultrapetrol (Bahamas) Limited (ULTRF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on information available as of December 31, 2015.
- OTC analysis is based on general characteristics of the OTC Other tier and may not reflect specific circumstances of ULTRF.