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Unit Stock Price, Forecast & Analysis (NYSE:UNT)

$0.87
+0.08 (+10.16 %)
(As of 11/17/2019 06:04 AM ET)
Today's Range
$0.75
Now: $0.87
$0.88
50-Day Range
$0.81
MA: $2.46
$3.46
52-Week Range
$0.75
Now: $0.87
$22.75
Volume1.77 million shs
Average Volume1.10 million shs
Market Capitalization$48.18 million
P/E Ratio0.87
Dividend YieldN/A
Beta2.69
Unit Corporation, together with its subsidiaries, engages in the exploration, acquisition, development, and production of oil and natural gas properties in the United States. It operates through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream. The Oil and Natural Gas segment explores for, acquires, develops, and produces oil and natural gas properties. Read More…

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$5.42 per share
Book Value$25.05 per share

Profitability

Net Income$-45,290,000.00

Miscellaneous

Employees1,376
Market Cap$48.18 million
Next Earnings Date2/20/2020 (Estimated)
OptionableOptionable

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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) issued its earnings results on Friday, November, 8th. The oil and gas company reported ($0.30) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.24) by $0.06. The oil and gas company earned $155.44 million during the quarter, compared to analyst estimates of $160.87 million. Unit had a negative net margin of 40.93% and a negative return on equity of 0.67%. The company's revenue for the quarter was down 29.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.30 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, February 20th 2020. View Earnings Estimates for Unit.

What price target have analysts set for UNT?

4 equities research analysts have issued 1 year target prices for Unit's shares. Their forecasts range from $14.00 to $25.00. On average, they expect Unit's stock price to reach $19.67 in the next year. This suggests a possible upside of 2,166.8% from the stock's current price. View Analyst Price Targets for Unit.

What is the consensus analysts' recommendation for Unit?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unit in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Unit.

Has Unit been receiving favorable news coverage?

Media headlines about UNT stock have been trending somewhat negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Unit earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for Unit.

Are investors shorting Unit?

Unit saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 5,730,000 shares, an increase of 9.1% from the September 30th total of 5,250,000 shares. Based on an average trading volume of 1,030,000 shares, the days-to-cover ratio is currently 5.6 days. Approximately 10.8% of the company's shares are sold short. View Unit's Current Options Chain.

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 Ford Motor (F), SandRidge Energy (SD), Continental Resources (CLR), Walmart (WMT), Caterpillar (CAT), Devon Energy (DVN), Helmerich & Payne (HP), Tiffany & Co. (TIF), SPDR Gold Shares (GLD) and Ultra Petroleum (UPLMQ).

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 retail and institutional investors. Top institutional shareholders include First Trust Advisors LP (0.57%), Chicago Equity Partners LLC (0.45%), Rhumbline Advisers (0.36%), WealthTrust Axiom LLC (0.17%), Virginia Retirement Systems ET AL (0.14%) and Everence Capital Management Inc. (0.10%). Company insiders that own Unit stock include Frank Q Young, G Bailey Iv Peyton, J Michael Adcock, King P Kirchner, Mark E Schell and Robert Parks. View Institutional Ownership Trends for Unit.

Which major investors are buying Unit stock?

UNT stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Chicago Equity Partners LLC, WealthTrust Axiom LLC, Everence Capital Management Inc., Virginia Retirement Systems ET AL, State of Alaska Department of Revenue, Rhumbline Advisers and Corient Capital Partners LLC. Company insiders that have bought Unit stock in the last two years include Frank Q Young, G Bailey Iv Peyton, J Michael Adcock and King P Kirchner. 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, Robinhood, Fidelity and Charles Schwab.

What is Unit's stock price today?

One share of UNT stock can currently be purchased for approximately $0.87.

How big of a company is Unit?

Unit has a market capitalization of $48.18 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. Unit employs 1,376 workers across the globe.View Additional Information About Unit.

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:  442 (Vote Outperform)
Underperform Votes:  379 (Vote Underperform)
Total Votes:  821
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 11/17/2019 by MarketBeat.com Staff

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