Unit Corporation (UNT) Plunges 5.56%

Unit Corporation (UNT) Plunges 5.56%

Unit Corporation (UNT) had a rough trading day for Tuesday April 09 as shares tumbled 5.56%, or a loss of $-0.87 per share, to close at $14.79. After opening the day at $15.46, shares of Unit Corporation traded as high as $15.46 and as low as $14.76. Volume was 302,549 shares over 2,776 trades, against an average daily volume of n/a shares and a total float of 55.72 million.

As a result of the decline, Unit Corporation now has a market cap of $824.04 million. In the last year, shares of Unit Corporation have traded between a range of $29.06 and $13.19, and its 50-day SMA is currently $n/a and 200-day SMA is $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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