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

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$15.28 -0.75 (-4.68 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$15.28
Today's Range$15.24 - $16.25
52-Week Range$13.19 - $29.06
Volume365,671 shs
Average Volume312,475 shs
Market Capitalization$851.34 million
P/E Ratio15.28
Dividend YieldN/A
Beta2.73
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. Its producing oil and natural gas properties, unproved properties, and related assets are primarily located in Oklahoma and Texas, as well as in Arkansas, Colorado, Kansas, Louisiana, Montana, New Mexico, North Dakota, Utah, and Wyoming. The Contract Drilling segment is involved in the contract drilling of onshore oil and natural gas wells for a range of other oil and natural gas companies primarily in Oklahoma, Texas, Wyoming, North Dakota, Colorado, and Utah. It has 55 drilling rigs in its fleet. The Mid-Stream segment buys, sells, gathers, processes, and treats natural gas for third parties. This segment operates 3 natural gas treatment plants, 14 processing plants, 22 gathering systems, and approximately 1,475 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$5.5162 per share
Book Value$29.48 per share

Profitability

Net Income$-45,290,000.00

Miscellaneous

Employees1,376
Market Cap$851.34 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) issued its earnings results on Thursday, February, 21st. The oil and gas company reported $0.27 earnings per share (EPS) 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 analyst estimates of $213.99 million. Unit had a negative net margin of 5.37% and a positive return on equity of 3.31%. The company's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $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 equities research analysts have issued 1-year price objectives for Unit's stock. Their predictions range from $20.00 to $30.00. On average, they expect Unit's share price to reach $26.20 in the next year. This suggests a possible upside of 71.5% 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?

Media headlines about UNT stock have trended positive this week, according to InfoTrie. The research group ranks the sentiment of press coverage by analyzing 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 closest to five being the most favorable. Unit earned a daily sentiment score of 2.8 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near future.

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 SandRidge Energy (SD), Continental Resources (CLR), Ultra Petroleum (UPLMQ), Cisco Systems (CSCO), Tiffany & Co. (TIF), Weyerhaeuser (WY), Micron Technology (MU), Citigroup (C), Caterpillar (CAT) and Devon Energy (DVN).

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 investors include Nisa Investment Advisors LLC (0.02%). View Institutional Ownership Trends for Unit.

Which major investors are buying Unit stock?

UNT stock was bought by a variety of institutional investors in the last quarter, including Nisa Investment Advisors 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 $15.28.

How big of a company is Unit?

Unit has a market capitalization of $851.34 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.

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:  406 (Vote Outperform)
Underperform Votes:  346 (Vote Underperform)
Total Votes:  752
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 4/20/2019 by MarketBeat.com Staff

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