Unit Corp (UNT) Gets a Hold Rating from SunTrust Robinson


SunTrust Robinson analyst Neal Dingmann reiterated a Hold rating on Unit Corp (NYSE: UNT) yesterday and set a price target of $26. The company’s shares closed yesterday at $25.35.

According to TipRanks.com, Dingmann is a 4-star analyst with an average return of 4.1% and a 51.7% success rate. Dingmann covers the Basic Materials sector, focusing on stocks such as Centennial Resource Development Inc, Contango Oil & Gas Company, and Sanchez Energy Corporation.

Unit Corp has an analyst consensus of Hold, with a price target consensus of $28.

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Unit Corp’s market cap is currently $1.37B and has a P/E ratio of 12.07. The company has a Price to Book ratio of 1.

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Unit Corp. engages in oil and gas exploration, production, contract drilling, and natural gas gathering and processing. It operates through the following segments: Oil and Natural Gas; Contract Drilling; Mid-Stream; and Other. The Oil and Natural Gas segment explores, develops, acquires, and produces oil and natural gas properties.

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