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

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$14.61 -0.08 (-0.54 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$14.69
Today's Range$14.18 - $14.87
52-Week Range$13.19 - $29.06
Volume210,158 shs
Average Volume306,208 shs
Market Capitalization$794.29 million
P/E Ratio14.61
Dividend YieldN/A
Beta2.75
Unit Corporation, together with its subsidiaries, operates as a diversified energy 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. It operates approximately 6,500 wells; and has a reserve base of 150 million barrels of oil equivalent primarily in Oklahoma and Texas. The Contract Drilling segment is involved in the 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 the Rocky Mountain and Mid-Continent regions. It has 96 drilling rigs in its fleet. The Mid-Stream segment buys, sells, gathers, processes, and treats natural gas for third parties and for its own account. This segment operates 3 natural gas treatment plants, 14 processing plants, 22 gathering systems, and approximately 1,460 miles of pipeline in Oklahoma, Texas, Kansas, Pennsylvania, and West Virginia. Unit Corporation was founded in 1963 and is headquartered in Tulsa, Oklahoma.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
CUSIP90921810
Phone918-493-7700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$843.28 million
Cash Flow$5.4719 per share
Book Value$29.48 per share

Profitability

Net Income$-45,290,000.00

Miscellaneous

EmployeesN/A
Market Cap$794.29 million
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

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, February, 21st. The oil and gas company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.31 by $0.04. The oil and gas company earned $214.80 million during the quarter, compared to analysts' expectations of $213.99 million. Unit had a positive return on equity of 3.31% and a negative net margin of 5.37%. Unit's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.22 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, May 2nd 2019. View Earnings Estimates for Unit.

What price target have analysts set for UNT?

7 Wall Street analysts have issued 12 month price targets for Unit's shares. Their forecasts range from $20.00 to $30.00. On average, they expect Unit's share price to reach $26.20 in the next twelve months. This suggests a possible upside of 79.3% from the stock's current price. View Analyst Price Targets for Unit.

What is the consensus analysts' recommendation for Unit?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unit in the last year. There are currently 7 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Unit.

Has Unit been receiving favorable news coverage?

Press coverage about UNT stock has been trending somewhat negative recently, according to InfoTrie. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Unit earned a news impact score of -1.1 on InfoTrie's scale. They also gave media coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near term.

Who are some of Unit's key competitors?

What other stocks do shareholders of Unit own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Unit investors own include Weyerhaeuser (WY), JPMorgan Chase & Co. (JPM), Verizon Communications (VZ), Whiting Petroleum (WLL), Cisco Systems (CSCO), Citigroup (C), Tiffany & Co. (TIF), Micron Technology (MU), Caterpillar (CAT) and Netflix (NFLX).

Who are Unit's key executives?

Unit's management team includes the folowing people:
  • Mr. Larry D. Pinkston, Pres, CEO & Director (Age 64)
  • Mr. George Les Austin, Sr. VP & CFO (Age 53)
  • Mr. David T. Merrill, Chief Operating Officer (Age 58)
  • Mr. Mark E. Schell, Sr. VP, Gen. Counsel & Corp. Sec. (Age 61)
  • Mr. John H. Cromling, Exec. VP of Drilling - Unit Drilling Company (Age 71)

Who are Unit's major shareholders?

Unit's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.72%), Dimensional Fund Advisors LP (8.40%), Victory Capital Management Inc. (6.02%), Norges Bank (2.29%), Bank of New York Mellon Corp (1.77%) and Vaughan Nelson Investment Management L.P. (1.36%). View Institutional Ownership Trends for Unit.

Which institutional investors are selling Unit stock?

UNT stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Boston Advisors LLC, Vaughan Nelson Investment Management L.P., Prescott Group Capital Management L.L.C., Natixis Advisors L.P., KBC Group NV, Falcon Point Capital LLC and James Investment Research Inc.. View Insider Buying and Selling for Unit.

Which institutional investors are buying Unit stock?

UNT stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Prudential Financial Inc., BlackRock Inc., Chicago Equity Partners LLC, Global Alpha Capital Management Ltd., Assenagon Asset Management S.A., Squarepoint Ops LLC and Bank of America Corp DE. 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 $14.61.

How big of a company is Unit?

Unit has a market capitalization of $794.29 million and generates $843.28 million in revenue each year. The oil and gas company earns $-45,290,000.00 in net income (profit) each year or $1.00 on an earnings per share basis.

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:  2.7 out of 5 (star star)
Outperform Votes:  404 (Vote Outperform)
Underperform Votes:  340 (Vote Underperform)
Total Votes:  744
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 3/25/2019 by MarketBeat.com Staff

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