The characteristics of the ultralow frequency oscillations in the ion fluxes observed at small pitch angles by the National Oceanic and Atmospheric Adminstration detector telescopes on board ATS 6 are again examined. The present report concentrates on the dramatic variation of the flux modulations detected in various energy channels during a single event which occurred on February 18, 1975. The wave amplitude is observed to be larger in a higher energy channel with energies from 100 keV to 150 keV and to decrease toward the lower energy channels. The lowest-energy protons (25--33 keV) in general are seldom seen to be oscillating, but in this event they display a low-amplitude oscillation which is 180¿ out of p ase with the adjacent channel. Such energy dependent modulation of the flux oscillation is thought to be a consequence of the wave particle resonant interaction. However, the prediction of the bounce resonant interaction is not consistent with the observations of both the energy dependent variation of the flux amplitudes and a 180¿ change in the oscillation phase in the adjacent low-energy channels that occurred in the February 18, 1975, event. Since the shape of the undisturned particle distribution can also determine the variation of the particle perturbation at various energies, the first-order particle distribution derived in a homogeneous plasma with a uniform magnetic field is examined without any specification of the wave mode. When the average particle distribution during the wave observation is used together with a parallel wave electric field that presumably causes the flux modulation at small pitch angles, a reasonable agreement is found between the variation of flux modulation derived from the slope of the average particle distribution and that from the experimental observation.