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

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$16.47 +0.79 (+5.04 %)
(As of 02/18/2019 12:01 PM ET)
Previous Close$15.68
Today's Range$15.8312 - $16.56
52-Week Range$13.19 - $29.06
Volume225,328 shs
Average Volume303,138 shs
Market Capitalization$890.34 million
P/E Ratio30.50
Dividend YieldN/A
Beta2.86
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$739.64 million
Cash Flow$4.7192 per share
Book Value$25.45 per share

Profitability

Net Income$117.84 million

Miscellaneous

Employees910
Market Cap$890.34 million
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 earnings results on Thursday, August, 9th. The oil and gas company reported $0.21 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.14 by $0.07. The oil and gas company had revenue of $203.30 million for the quarter, compared to the consensus estimate of $202.88 million. Unit had a return on equity of 3.28% and a net margin of 14.60%. The firm's revenue for the quarter was up 19.2% on a year-over-year basis. During the same period in the previous year, the business earned $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, February 28th 2019. View Earnings Estimates for Unit.

What price target have analysts set for UNT?

8 analysts have issued 12 month price objectives for Unit's stock. Their predictions range from $20.00 to $30.00. On average, they anticipate Unit's stock price to reach $26.1667 in the next year. This suggests a possible upside of 58.9% from the stock's current price. View Analyst Price Targets for Unit.

What is the consensus analysts' recommendation for Unit?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unit in the last year. There are currently 8 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 somewhat positive this week, InfoTrie reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Unit earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned 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 effect on the stock's share price in the near term.

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 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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.72%), Dimensional Fund Advisors LP (8.40%), Victory Capital Management Inc. (6.02%), Bank of New York Mellon Corp (1.77%), Vaughan Nelson Investment Management L.P. (1.36%) and Prudential Financial Inc. (1.33%). 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 acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., BlackRock Inc., Chicago Equity Partners LLC, Global Alpha Capital Management Ltd., Assenagon Asset Management S.A., Squarepoint Ops LLC, Bank of America Corp DE and D. E. Shaw & Co. Inc.. 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 $16.47.

How big of a company is Unit?

Unit has a market capitalization of $890.34 million 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:  2.7 out of 5 (star star)
Outperform Votes:  401 (Vote Outperform)
Underperform Votes:  332 (Vote Underperform)
Total Votes:  733
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 2/18/2019 by MarketBeat.com Staff

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