NYSE:UNT - Unit Stock Price, Forecast & News

Unit trades on the New York Stock Exchange (NYSE) under the ticker symbol "UNT."

Unit Co. (NYSE:UNT) issued its quarterly earnings results on Friday, November, 8th. The oil and gas company reported ($0.30) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.24) by $0.06. The oil and gas company had revenue of $155.44 million for the quarter, compared to analyst estimates of $160.87 million. Unit had a negative return on equity of 0.67% and a negative net margin of 40.93%. The business's revenue for the quarter was down 29.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.30 earnings per share. View Unit's Earnings History.

Unit is scheduled to release their next quarterly earnings announcement on Thursday, February 20th 2020. View Earnings Estimates for Unit.

1 brokerages have issued 1-year target prices for Unit's shares. Their forecasts range from $14.00 to $14.00. On average, they anticipate Unit's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 3,400.0% from the stock's current price. View Analyst Price Targets for Unit.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Unit in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Unit.

Media headlines about UNT stock have been trending negative this week, InfoTrie reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Unit earned a media sentiment score of -2.5 on InfoTrie's scale. They also gave media stories about the oil and gas company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near future. View News Stories for Unit.

Unit saw a decline in short interest in the month of January. As of January 15th, there was short interest totalling 8,650,000 shares, a decline of 18.5% from the December 31st total of 10,610,000 shares. Based on an average daily trading volume, of 1,640,000 shares, the short-interest ratio is presently 5.3 days. Currently, 16.2% of the company's stock are short sold. View Unit's Current Options Chain.

Some companies that are related to Unit include Helmerich & Payne (HP), Patterson-UTI Energy (PTEN), Nabors Industries (NBR), Diamond Offshore Drilling (DO), PARKER DRILLING/SH PAR $ (PKD), Pioneer Energy Services (PES) and Vantage Drilling (VTGDF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Unit investors own include Ford Motor (F), Helmerich & Payne (HP), Walgreens Boots Alliance (WBA), Continental Resources (CLR), SandRidge Energy (SD), Walmart (WMT), Caterpillar (CAT), Carnival (CCL), Devon Energy (DVN) and Energy Transfer LP Unit (ET).

Unit's stock is owned by many different of institutional and retail investors. Top institutional investors include SG Americas Securities LLC (0.09%). Company insiders that own Unit stock include Frank Q Young, G Bailey Iv Peyton, J Michael Adcock, King P Kirchner, Mark E Schell and Robert Parks. View Institutional Ownership Trends for Unit.

UNT stock was acquired by a variety of institutional investors in the last quarter, including SG Americas Securities LLC. Company insiders that have bought Unit stock in the last two years include Frank Q Young, G Bailey Iv Peyton, J Michael Adcock and King P Kirchner. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of UNT stock can currently be purchased for approximately $0.40.

Unit has a market capitalization of $22.21 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.View Additional Information About Unit.

The official website for Unit is http://www.unitcorp.com/.

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.