Unit Corp (UNT)

[dan_s]

2014 Plans Build upon 2013 Achievements

Unit's 2013 accomplishments include a 22% increase in year-to-date production compared to 2012 despite lowering its capital expenditures budget during 2013. The company is preparing to deploy its BOSS rig in 2014, and experience cash flow growth of 34% in its midstream segment. UNT plans on operating 12 rigs in 2014 and expects its production guidance for 2014 to reach 15% to 18%, largely due to organic growth. UNT's previous growth expectation was 13% to 16%, but Larry Pinkston, President and CEO of Unit Corp., said, "We have never had an inventory like this."

For some reason this one is way off the Wall Street radar screen. They still view it as a drilling company. Oil & gas sales will be more than 50% of revenues in 2014.

Read this http://seekingalpha.com/article/1896041 ... urce=yahoo

[dan_s]

Unit Corp. (UNT): An updated Net Income & Cash Flow Forecast model has been posted under the Sweet 16 Tab.

My Fair Value Estimate is now $83.50/share.

This one gets a BIG BOOST to revenues from increasing natural gas prices.