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

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$17.18 +0.05 (+0.29 %)
(As of 01/15/2019 04:00 PM ET)
Previous Close$17.13
Today's Range$17.05 - $17.48
52-Week Range$13.19 - $29.06
Volume262,483 shs
Average Volume412,108 shs
Market Capitalization$936.28 million
P/E Ratio31.81
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.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
CUSIP90921810
Phone918-493-7700

Debt

Current Ratio0.93
Quick Ratio0.93

Price-To-Earnings

Sales & Book Value

Annual Sales$739.64 million
Price / Sales1.26
Cash Flow$4.4856 per share
Price / Cash Flow3.83
Book Value$25.45 per share
Price / Book0.68

Profitability

Net Income$117.84 million
Net Margins14.60%
Return on Assets1.84%

Miscellaneous

Employees910
Market Cap$936.28 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) issued its quarterly earnings results on Tuesday, November, 6th. The oil and gas company reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.07. The oil and gas company had revenue of $220.10 million for the quarter, compared to analyst estimates of $212.34 million. Unit had a return on equity of 3.28% and a net margin of 14.60%. The business's revenue was up 16.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.10 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, February 28th 2019. View Earnings Estimates for Unit.

What price target have analysts set for UNT?

8 brokerages have issued 12 month price objectives for Unit's stock. Their forecasts range from $20.00 to $30.00. On average, they anticipate Unit's stock price to reach $26.1667 in the next twelve months. This suggests a possible upside of 52.3% 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?

Media stories about UNT stock have trended somewhat positive recently, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring 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 daily sentiment score of 1.9 on InfoTrie's scale. They also assigned news coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock'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 number of of retail and institutional investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.04%). 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 Louisiana State Employees Retirement System. 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 $17.18.

How big of a company is Unit?

Unit has a market capitalization of $936.28 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 1/15/2019 by MarketBeat.com Staff

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