|Bid||0.3420 x 1400|
|Ask||0.3500 x 1300|
|Day's Range||0.3050 - 0.3380|
|52 Week Range||0.2900 - 17.4500|
|Beta (5Y Monthly)||2.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 18, 2020 - Feb 23, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.20|
Unit Corporation (the "Company" or "Unit") announced that it has extended the Expiration Date for its previously announced offer to exchange (the "Exchange Offer") any and all of its outstanding 6.625% Senior Subordinated Notes due 2021 (CUSIP No. 909218AB5 / ISIN US909218AB56) (the "Old Notes") for newly issued 10.000% Senior Secured Notes due 2024 (the "Senior Secured Notes") and 7.000% Junior Secured Notes due 2025 (the "Junior Secured Notes" and, together with the Senior Secured Notes, the "New Notes"), upon the terms and conditions set forth in the prospectus relating to the Exchange Offer (the "Prospectus") included in Amendment No. 2 to the Registration Statement filed with the Securities and Exchange Commission (the "Registration Statement").
Institutional investors, portfolio managers, financial analysts, CIOs and other capital market professionals who invest in the energy space should register now for the EnerCom Dallas energy investment conference, which is coming to The Tower Club February 11-12 in downtown Dallas.
Institutional investors, portfolio managers, financial analysts, CIOs and other investment community professionals who invest in the energy space should register now for the EnerCom Dallas energy investment conference, which is coming to The Tower Club February 11-12 in downtown Dallas.
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
The exchange offer is conditioned upon Unit obtaining an amendment from its secured first-lien revolver lenders, or a refinancing or replacement of the revolver. The exchange offer will expire on December 13, 2019, unless extended by the company.
Unit (UNT) delivered earnings and revenue surprises of -25.00% and -3.09%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Unit (UNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
-- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Unit Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's assessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers, which was followed by a rating committee. The rating committee resulted in the ratings being placed under review for downgrade on 21 October 2019 and that review for downgrade has not yet been concluded.
Rating Action: Moody's downgrades Unit to B3, places ratings on review for further downgrade. Global Credit Research- 21 Oct 2019. Approximately $650 million of rated notes affected.
Unit Corporation (NYSE:UNT) shareholders will doubtless be very grateful to see the share price up 40% in the last...