Unit Corporation (NYSE:UNT) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 25, 2016
Zacks Investment Research has downgraded Unit Corporation (NYSE:UNT) to Hold in a statement released on 09/21/2016.
On Friday June 24, 2016, Seaport Global released a statement about Unit Corporation (NYSE:UNT) upped the target price from $0.00 to $22.00 that suggested an upside of 0.32%.
Having a price of $15.33, Unit Corporation (NYSE:UNT) traded -4.13% lower on the day. With the last stock price up 19.04% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. UNT has recorded a 50-day average of $16.35 and a two hundred day average of $13.64. Trade Volume was down over the average, with 615,580 shares of UNT changing hands under the typical 828,184
Recent Performance Chart
Unit Corporation has with a one year low of $3.90 and a one year high of $19.53 and has a market capitalization of $0.
A total of 8 brokerages have released a report on Unit Corporation. Two brokerages rating the company a strong buy, three brokerages rating the company a buy, three brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $16.25.
General Company Details For Unit Corporation (NYSE:UNT)
Unit Corporation is an oil and natural gas contract drilling company. The Company has operations in the exploration and production and mid-stream areas. The Company operates through three segments: Oil and Natural Gas, Contract Drilling and Mid-Stream. It is primarily engaged in the exploration, development, acquisition, and production of oil and natural gas properties, the land contract drilling of natural gas and oil wells, and the buying, selling, gathering, processing and treating of natural gas. Its Oil and Natural Gas operations are carried out by its subsidiary Unit Petroleum Company. The Oil and Natural Gas segment explores, develops, acquires, and produces oil and natural gas properties. Contract Drilling operations are carried out by subsidiary Unit Drilling Company. It drills onshore oil and natural gas wells for its own account, as well as for other oil and natural gas companies. Its Mid-Stream operations are carried out by subsidiary Superior Pipeline Company, L.L.C.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.