UNT (Unit Corp)
Posted: Wed Feb 16, 2011 8:09 pm
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
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.