UNT

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dan_s
Posts: 37318
Joined: Fri Apr 23, 2010 8:22 am

UNT

Post by dan_s »

Unit Corp. (UNT): An updated profile has been posted under the Sweet 16 Tab.

I believe UNT can be a big winner for us in 2014. The should report an impressive increase in proven reserves at year-end and they will get a big revenue boost from higher natural gas prices in the first quarter.

Since the shares are trading today at less than 4X my 2014 cash flow per share forecast for 2014, I think it deserves a lot more attention from Wall Street. It has a rock solid balance sheet, so it deserves to trade at a much higher multiple.

Take a look at the bottom of my forecast model and you will see that it is Unit's increasing liquids production that will be the driving force behind revenue growth in 2014. Read the profile carefully.
Dan Steffens
Energy Prospectus Group
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