Unit Corporation (UNT) Soars 6.41%

Unit Corporation (UNT) Soars 6.41%

Unit Corporation (UNT) had a good day on the market for Friday April 12 as shares jumped 6.41% to close at $15.45. About 497,456 shares traded hands on 4,863 trades for the day, compared with an average daily volume of n/a shares out of a total float of 55.72 million. After opening the trading day at $14.98, shares of Unit Corporation stayed within a range of $15.52 to $14.78.

With today’s gains, Unit Corporation now has a market cap of $860.81 million. Shares of Unit Corporation have been trading within a range of $29.06 and $13.19 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are three segments which include Oil and Natural gas, Contract Drilling & Mid-stream. The oil and natural gas segment are engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas.

Unit Corporation is based out of Tulsa, OK and has some 913 employees. Its CEO is Larry D. Pinkston.

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