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

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$21.52 +0.59 (+2.82 %)
(As of 11/22/2018 05:53 AM ET)
Previous Close$20.93
Today's Range$20.81 - $21.78
52-Week Range$16.17 - $29.06
Volume113,600 shs
Average Volume406,658 shs
Market Capitalization$1.21 billion
P/E Ratio39.85
Dividend YieldN/A
Beta2.82
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

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

Debt

Debt-to-Equity Ratio0.39
Current Ratio0.93
Quick Ratio0.93

Price-To-Earnings

Trailing P/E Ratio39.85
Forward P/E Ratio22.89
P/E GrowthN/A

Sales & Book Value

Annual Sales$739.64 million
Price / Sales1.57
Cash Flow$4.3387 per share
Price / Cash4.96
Book Value$30.88 per share
Price / Book0.70

Profitability

EPS (Most Recent Fiscal Year)$0.54
Net Income$117.84 million
Net Margins14.60%
Return on Equity3.28%
Return on Assets1.84%

Miscellaneous

Employees910
Outstanding Shares54,060,000
Market Cap$1.21 billion
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) announced its quarterly earnings results on Tuesday, November, 6th. The oil and gas company reported $0.30 EPS for the quarter, beating the Zacks' consensus estimate of $0.23 by $0.07. The oil and gas company earned $220.10 million during the quarter, compared to the consensus estimate of $212.34 million. Unit had a net margin of 14.60% and a return on equity of 3.28%. The firm's revenue for the quarter was up 16.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.10 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 28th 2019. View Earnings Estimates for Unit.

What price target have analysts set for UNT?

4 Wall Street analysts have issued 1 year price objectives for Unit's shares. Their predictions range from $26.00 to $30.00. On average, they anticipate Unit's share price to reach $28.00 in the next year. This suggests a possible upside of 30.1% 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 coverage about UNT stock has trended positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news 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 news impact score of 2.7 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next several days.

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 a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.35%), Dimensional Fund Advisors LP (8.42%), Victory Capital Management Inc. (6.01%), Bank of New York Mellon Corp (1.80%), Vaughan Nelson Investment Management L.P. (1.64%) and JPMorgan Chase & Co. (1.09%). 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 LSV Asset Management, Vaughan Nelson Investment Management L.P., Prescott Group Capital Management L.L.C., JPMorgan Chase & Co., JPMorgan Chase & Co., Royce & Associates LP, Wells Fargo & Company MN and Russell Investments Group Ltd.. 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 BlackRock Inc., Global Alpha Capital Management Ltd., Prudential Financial Inc., James Investment Research Inc., Morgan Stanley, Bank of New York Mellon Corp, Dynamic Technology Lab Private Ltd and Bank of Montreal Can. 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 $21.52.

How big of a company is Unit?

Unit has a market capitalization of $1.21 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:  386 (Vote Outperform)
Underperform Votes:  314 (Vote Underperform)
Total Votes:  700
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 11/22/2018 by MarketBeat.com Staff

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