NYSE:UNT - Unit Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$26.33 -0.65 (-2.41 %)
(As of 09/24/2018 11:37 AM ET)
Previous Close$26.82
Today's Range$26.07 - $27.86
52-Week Range$16.17 - $29.06
Volume18,088 shs
Average Volume278,979 shs
Market Capitalization$1.46 billion
P/E Ratio51.31
Dividend YieldN/A
Beta2.98
Unit logoUnit Corporation, together with its subsidiaries, operates as an oil and natural gas contract drilling company in the United States. The company operates through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream. The Oil and Natural Gas segment acquires, explores, develops, and produces oil and natural gas properties, principally located in Oklahoma and Texas, as well as in Arkansas, Colorado, Kansas, Louisiana, Mississippi, Montana, New Mexico, North Dakota, Utah, and Wyoming. As of December 31, 2017, this segment had approximately 99 gross proved undeveloped wells. The Contract Drilling segment is involved in the land contract drilling of onshore oil and natural gas wells for its own account, as well as for a range of other oil and natural gas companies, primarily in Oklahoma, Texas, Wyoming, and North Dakota, as well as in Louisiana and Kansas. This segment operates 31 drilling rigs. The Mid-Stream segment buys, sells, gathers, transports, processes, and treats natural gas for third parties and for its own account. This segment operates 3 natural gas treatment plants, 13 processing plants, and 24 gathering systems, as well as approximately 1,455 miles of pipeline in Oklahoma, Texas, Kansas, Pennsylvania, and West Virginia. Unit Corporation was founded in 1963 and is based in Tulsa, Oklahoma.

Receive UNT News and Ratings via Email

Sign-up to receive the latest news and ratings for UNT and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
SymbolNYSE:UNT
CUSIP90921810
Phone918-493-7700

Debt

Debt-to-Equity Ratio0.39
Current Ratio1.13
Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio51.31
Forward P/E Ratio30.62
P/E GrowthN/A

Sales & Book Value

Annual Sales$739.64 million
Price / Sales1.93
Cash Flow$4.4104 per share
Price / Cash5.97
Book Value$25.45 per share
Price / Book1.03

Profitability

EPS (Most Recent Fiscal Year)$0.54
Net Income$117.84 million
Net Margins13.28%
Return on Equity2.78%
Return on Assets1.48%

Miscellaneous

Employees910
Outstanding Shares54,090,000
Market Cap$1.46 billion

Unit (NYSE:UNT) Frequently Asked Questions

What is Unit's stock symbol?

Unit trades on the New York Stock Exchange (NYSE) under the ticker symbol "UNT."

How were Unit's earnings last quarter?

Unit Co. (NYSE:UNT) posted its earnings results on Thursday, August, 9th. The oil and gas company reported $0.21 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.14 by $0.07. The oil and gas company earned $203.30 million during the quarter, compared to analysts' expectations of $202.88 million. Unit had a net margin of 13.28% and a return on equity of 2.78%. The company's quarterly revenue was up 19.2% compared to the same quarter last year. During the same period last year, the company posted $0.07 EPS. View Unit's Earnings History.

When is Unit's next earnings date?

Unit is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Unit.

What price target have analysts set for UNT?

5 brokerages have issued 1-year price objectives for Unit's shares. Their forecasts range from $23.00 to $30.00. On average, they anticipate Unit's stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View Analyst Price Targets for Unit.

What is the consensus analysts' recommendation for Unit?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unit in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Unit.

Who are some of Unit's key competitors?

Who are Unit's key executives?

Unit's management team includes the folowing people:
  • Mr. Larry D. Pinkston, Pres, CEO & Director (Age 63)
  • Mr. George Les Austin, Sr. VP & CFO (Age 52)
  • Mr. David T. Merrill, Chief Operating Officer (Age 57)
  • Mr. Mark E. Schell, Sr. VP, Gen. Counsel & Corp. Sec. (Age 60)
  • Mr. John H. Cromling, Exec. VP of Drilling - Unit Drilling Company (Age 70)

Who are Unit's major shareholders?

Unit's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.98%), FMR LLC (12.06%), Dimensional Fund Advisors LP (8.40%), Victory Capital Management Inc. (6.01%), United Services Automobile Association (3.39%) and Northern Trust Corp (3.05%). View Institutional Ownership Trends for Unit.

Which major investors are selling Unit stock?

UNT stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Bank of America Corp DE, Peregrine Capital Management LLC, Raymond James & Associates, California Public Employees Retirement System, KBC Group NV, Systematic Financial Management LP and Dupont Capital Management Corp. View Insider Buying and Selling for Unit.

Which major investors are buying Unit stock?

UNT stock was purchased by a variety of institutional investors in the last quarter, including United Services Automobile Association, Millennium Management LLC, BlackRock Inc., Richard Bernstein Advisors LLC, Victory Capital Management Inc., Dimensional Fund Advisors LP, Russell Investments Group Ltd. and FMR LLC. View Insider Buying and Selling for Unit.

How do I buy shares of Unit?

Shares of UNT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Unit's stock price today?

One share of UNT stock can currently be purchased for approximately $26.17.

How big of a company is Unit?

Unit has a market capitalization of $1.46 billion and generates $739.64 million in revenue each year. The oil and gas company earns $117.84 million in net income (profit) each year or $0.54 on an earnings per share basis. Unit employs 910 workers across the globe.

What is Unit's official website?

The official website for Unit is http://www.unitcorp.com.

How can I contact Unit?

Unit's mailing address is 8200 SOUTH UNIT DRIVE, TULSA OK, 74132. The oil and gas company can be reached via phone at 918-493-7700.


MarketBeat Community Rating for Unit (NYSE UNT)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  380 (Vote Outperform)
Underperform Votes:  307 (Vote Underperform)
Total Votes:  687
MarketBeat's community ratings are surveys of what our community members think about Unit and other stocks. Vote "Outperform" if you believe UNT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe UNT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/24/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel