Unit Corporation (UNT) Shares Slide -8.96%

Unit Corporation (UNT) : During the past 4 weeks, traders have been relatively bearish on Unit Corporation (UNT), hence the stock is down -25.9% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -8.9% relative to the S&P 500. The 4-week change in the price of the stock is -23.41% and the stock has fallen -8.96% in the past 1 week.

The stock has recorded a 20-day Moving Average of 11.52% and the 50-Day Moving Average is 15.48%. Unit Corporation has dropped 1.26% during the last 3-month period . Year-to-Date the stock performance stands at 2.46%.


Unit Corporation (NYSE:UNT): stock turned positive on Friday. Though the stock opened at $11.9, the bulls momentum made the stock top out at $12.51 level for the day. The stock recorded a low of $11.75 and closed the trading day at $12.5, in the green by 3.65%. The total traded volume for the day was 999,784. The stock had closed at $12.06 in the previous days trading.

Unit Corporation (Unit) is an oil and natural gas contract drilling company. In addition to its drilling operations, the Company has operations in the exploration and production and mid-stream areas. The Company operates through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream. The Companys Oil and Natural Gas operations are carried out by its subsidiary Unit Petroleum Company, which explores, develops, acquires, and produces oil and natural gas properties. Contract Drilling operations are carried out by subsidiary Unit Drilling Company and its subsidiaries. Contract Drilling segment contracts to drill onshore oil and natural gas wells for others. The Companys Mid-Stream are operations carried out by subsidiary Superior Pipeline Company, L.L.C., which buys, sells, gathers, processes, and treats natural gas for third parties and for the Company.

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