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

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$24.26 -0.85 (-3.39 %)
(As of 10/23/2018 09:56 AM ET)
Previous Close$25.27
Today's Range$24.01 - $24.50
52-Week Range$16.17 - $29.06
Volume816 shs
Average Volume255,807 shs
Market Capitalization$1.37 billion
P/E Ratio46.50
Dividend YieldN/A
Beta3
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
SymbolNYSE:UNT
CUSIP90921810
Phone918-493-7700

Debt

Debt-to-Equity Ratio0.39
Current Ratio1.13
Quick Ratio1.13

Price-To-Earnings

Trailing P/E Ratio46.50
Forward P/E Ratio28.21
P/E GrowthN/A

Sales & Book Value

Annual Sales$739.64 million
Price / Sales1.77
Cash Flow$4.3399 per share
Price / Cash5.59
Book Value$25.45 per share
Price / Book0.95

Profitability

EPS (Most Recent Fiscal Year)$0.54
Net Income$117.84 million
Net Margins13.28%
Return on Equity2.78%
Return on Assets1.48%

Miscellaneous

Employees910
Outstanding Shares54,090,000
Market Cap$1.37 billion

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 Thursday, August, 9th. The oil and gas company reported $0.21 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.14 by $0.07. The oil and gas company had revenue of $203.30 million for the quarter, compared to analyst estimates of $202.88 million. Unit had a net margin of 13.28% and a return on equity of 2.78%. The business's revenue was up 19.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.07 earnings per share. View Unit's Earnings History.

When is Unit's next earnings date?

Unit is scheduled to release their next quarterly earnings announcement on Thursday, November 1st 2018. View Earnings Estimates for Unit.

What price target have analysts set for UNT?

5 brokerages have issued 12 month price targets for Unit's shares. Their predictions range from $23.00 to $30.00. On average, they expect Unit's share price to reach $27.00 in the next twelve months. This suggests a possible upside of 7.5% from the stock's current price. View Analyst Price Targets for Unit.

What is the consensus analysts' recommendation for Unit?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unit in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Unit.

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 investors include Peregrine Capital Management LLC (0.46%), Guinness Asset Management Ltd (0.40%), Bank of Montreal Can (0.09%), Strs Ohio (0.05%), Guinness Atkinson Asset Management Inc (0.04%) and Fox Run Management L.L.C. (0.02%). 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 Peregrine Capital Management LLC and Guinness Atkinson Asset Management Inc. View Insider Buying and Selling for Unit.

Which institutional investors are buying Unit stock?

UNT stock was purchased by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Strs Ohio, Guinness Asset Management Ltd and Fox Run Management L.L.C.. 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 $25.11.

How big of a company is Unit?

Unit has a market capitalization of $1.37 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:  381 (Vote Outperform)
Underperform Votes:  309 (Vote Underperform)
Total Votes:  690
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 10/23/2018 by MarketBeat.com Staff

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