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

Sign in or create an account to add this stock to your watchlist.
$17.76 +0.47 (+2.72 %)
(As of 01/17/2019 04:00 PM ET)
Previous Close$17.29
Today's Range$17.10 - $17.82
52-Week Range$13.19 - $29.06
Volume287,000 shs
Average Volume395,050 shs
Market Capitalization$928.72 million
P/E Ratio32.89
Dividend YieldN/A
Beta2.9
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.

Receive UNT News and Ratings via Email

Sign-up to receive the latest news and ratings for UNT and its competitors with MarketBeat's FREE daily newsletter.

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$4.6737 per share
Book Value$25.45 per share

Profitability

Net Income$117.84 million

Miscellaneous

Employees910
Market Cap$928.72 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) released its earnings results on Tuesday, November, 6th. The oil and gas company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates 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 company's revenue for the quarter was up 16.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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?

8 analysts have issued 1-year target prices for Unit's shares. Their predictions range from $20.00 to $30.00. On average, they anticipate Unit's share price to reach $26.1667 in the next twelve months. This suggests a possible upside of 47.3% 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?

News headlines about UNT stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring 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 news impact score of 1.2 on InfoTrie's scale. They also gave headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

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 a variety of of institutional and retail investors. Top institutional investors include Bowling Portfolio Management LLC (0.09%), Boston Advisors LLC (0.08%), Granite Investment Advisors LLC (0.04%), Louisiana State Employees Retirement System (0.04%), Nisa Investment Advisors LLC (0.01%) and Meeder Asset Management Inc. (0.01%). 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 Boston Advisors LLC, Granite Investment Advisors LLC and Louisiana State Employees Retirement System. View Insider Buying and Selling for Unit.

Which institutional investors are buying Unit stock?

UNT stock was bought by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, Nisa Investment Advisors LLC and Meeder Asset Management 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 $17.76.

How big of a company is Unit?

Unit has a market capitalization of $928.72 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:  393 (Vote Outperform)
Underperform Votes:  324 (Vote Underperform)
Total Votes:  717
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 1/17/2019 by MarketBeat.com Staff

Featured Article: Outstanding Shares

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel