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) posted its quarterly earnings results on Friday, November, 8th. The oil and gas company reported ($0.30) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.24) by $0.06. The oil and gas company earned $155.44 million during the quarter, compared to analysts' expectations of $160.87 million. Unit had a negative return on equity of 0.67% and a negative net margin of 40.93%. The company's quarterly revenue was down 29.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.30 EPS. 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 brokers have issued 12-month price objectives for Unit's shares. Their forecasts range from $14.00 to $14.00. On average, they expect Unit's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 2,541.5% 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.

News stories about UNT stock have trended somewhat positive recently, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Unit earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned news headlines about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Unit.

Unit saw a drop in short interest in December. As of December 31st, there was short interest totalling 8,650,000 shares, a drop of 18.5% from the December 15th total of 10,610,000 shares. Based on an average trading volume of 1,560,000 shares, the short-interest ratio is currently 5.5 days. Currently, 16.2% of the shares of the stock are sold short. 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).

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 $0.53.

Unit has a market capitalization of $29.43 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.