UNT (Unit Corp)

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bhpr2237
Posts: 4
Joined: Tue Dec 14, 2010 7:15 pm

UNT (Unit Corp)

Post by bhpr2237 »

I dont know if Im in the right forum to ask, does any one follow UNT? I know Dan followed in the past but I dont see it in the Watch list, any comments? thanks
dan_s
Posts: 37304
Joined: Fri Apr 23, 2010 8:22 am

Re: UNT (Unit Corp)

Post by dan_s »

Unit Corp. (UNT) is a former Sweet 16 stock and we did quite well on it a few years ago.

It is back on our Watch List at the very bottom, where I compare five onshore drillers.

UNT is a good bet for 2011 but I like PTEN better:
> Unit's E&P division is heavily weighted to natural gas
> PTEN has a rapidly growing pressure pumping division which the market has yet to give them full credit for
> PTEN's Apex rigs are perfectly suited for the Eagle Ford Shale

You should post questions like this under the "Picks and Tips" tab but it really doesn't matter since I check them all several times a day.

Again, I have no problem at all with Unit Corp.
Dan Steffens
Energy Prospectus Group
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