Unit Corporation ($UNT) Target: $15 Confident Investor Rating: Poor

Company name Unit Corporation
Stock ticker UNT
Live stock price [stckqut]UNT[/stckqut]
P/E compared to competitors Good
MANAGEMENT EXECUTION
Employee productivity Poor
Sales growth Poor
EPS growth Poor
P/E growth Poor
EBIT growth Poor
ANALYSIS
Confident Investor Rating Poor
Target stock price (TWCA growth scenario) $2.85
Target stock price (averages with growth) $4.03
Target stock price (averages with no growth) $6.61
Target stock price (manual assumptions) $37.77

“Unit Corporation (Unit) is a contract drilling company. Its operations are
conducted through its subsidiaries, Unit Drilling Company, Unit Petroleum
Company and Superior Pipeline Company, L.L.C (Superior). Unit Drilling
Company is engaged in drilling onshore oil and natural gas wells for others
and for the Company?s own account. Unit Petroleum Company is engaged in the
exploration, development, acquisition and production of oil and natural gas
properties for the Company?s own account (oil and natural gas), and Superior
Pipeline Company, L.L.C. buys, sells, gathers, processes and treats natural
gas for third parties and for its own account (mid-stream). During the year
ended December 31, 2009, Unit acquired interests in approximately 60,000 net
undeveloped acres in the Marcellus Shale Play. ”


Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock.


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