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Unit Corporation (UNT) [hlAlert]

Rating:
Buy UNT
down 63.30 %

Unit Corporation (UNT) rated Buy with price target $75 by C.K. Cooper

Posted on: Thursday,  Oct 20, 2011  8:25 AM ET by C.K. Cooper

C.K. Cooper rated Buy Unit Corporation (NYSE: UNT) on 10/20/2011. Previously C.K. Cooper rated Buy Unit Corporation (NYSE: UNT) on 12/04/2009.,
when the stock price was $37.91. Since then, Unit Corporation has lost 63.31% as of 01/26/2016's recent price of $13.91.
If you would have followed the previous C.K. Cooper's recommendation on UNT, you would have lost 63.3% of your investment in 2244 days.

Unit Corporation (Unit) is a contract drilling company. The operations of the Company are conducted through its wholly owned subsidiaries: Unit Drilling Company, Unit Petroleum Company and Superior Pipeline Company, L.L.C. Unit Drilling Company is engaged in drilling onshore oil and natural gas wells for its own account. Unit Petroleum Company is engaged in exploring, developing, acquiring and producing oil and natural gas properties for its own account. Superior Pipeline Company, L.L.C. is engaged in buying, selling, gathering, processing and treating natural gas for its account and for third parties. During the year ended December 31, 2008, the Company constructed and placed into service three 1,500 horsepower diesel electric drilling rigs, bringing the rig fleet to a total of 132 rigs. In 2008, the Company drilled a total footage of 11.7 million feet.

C. K. Cooper & Company has for over a decade provided insightful research ideas and commentary. As the firm identifies focus industries it brings together an analytical team to provide unique vision and insight to select investment ideas. In addition, leveraging on the expertise of the firm, the Research Team can evaluate opportunities against a wide database of industry and competitive trends.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/20/2011 8:25 AM Buy
None
44.88 75.00
as of 12/30/2011
1 Week down  -1.46 %
1 Month down  -8.33 %
3 Months up  25.67 %
1 YTD down  -0.17 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/4/2009 10:25 AM Buy
None
37.91 60.00

(*) Stock Price at the time of the recommendation.
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