UNIT CORP UNTC W

July 11, 2021 - 4:04pm EST by

member

						2021	2022
Price:		19.16		EPS		0	0
Shares Out. (in M):		11		P/E		0	0
Market Cap (in $M):		218		P/FCF		0	0
Net Debt (in $M):		64		EBIT		0	0
TEV (in $M):		282		TEV/EBIT		0	0

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#	AUTHOR DATE SUBJECT
9	member 3/12/22 9:27AM Re: Tudor hired for sale of E&P 8
Final bids were due (at least per the original Tudor teaser) last week. Curious if anyone has views on 1) likely outcomes re: parts / all of the assets, 2) and if other assets of UNTC... login to read the rest view available tags
8	member 1/20/22 1:05PM Tudor hired for sale of E&P
Will be interesting to see what happens...Previously announced, though official now with WTI / Brent up. https://www.sec.gov/ix?doc=/Archives/edgar/data/0000798949/000079894922000003/unt-20220120.htm view available tags
7	member 1/20/22 1:04PM Positive Update: Unit retains Tudor, Pickering, Holt
Earlier today, Unit Corporation filed an 8-k saying they have launched a process for its previously announced intention to sell up all of its oil and gas properties and reserves. The Company has retained Tudor,... login to read the rest view available tags
6	member 11/15/21 10:58AM Re: Monster Quarter 5
I thought the quarter was very strong. In addition to the strong operating results going from a $28 million net debt position to a $46 million net cash position in one quarter is impressive. My price... login to read the rest view available tags
5	member 11/12/21 2:04PM Monster Quarter
Not sure you had a chance to check out the 10-Q that came out today, but UNTC printed another monster quarter: - Net cash of 46.5MM AFTER having repurchased $9.3MM of shares at an average price... login to read the rest 1 view available tags
4	member 10/27/21 12:50PM Re: Re: Re: Updated Valuation 3
Fizz808, great work on this idea and thank you for sharing. We agree with all of these points as well as valuation for the stock in the $50-60 range and potentially even higher with smart execution. After... login to read the rest 1 view available tags
3	member 10/26/21 11:57AM Re: Re: Updated Valuation 2
Thank you. I am in the same range for fair market value. I also thought their recent announcement that they are expanding their E&P divestiture program to include the potential sale of all oil and gas... login to read the rest view available tags
2	member 10/26/21 9:45AM Re: Updated Valuation 1
Thank you for the comment. Few updates on the situation since this was posted: 1) HQ monetization: they have monetized their Oklahoma HQ at close to book value, which is where I marked it at. 2) E&P... login to read the rest 2 view available tags
1	member 10/25/21 10:52AM Updated Valuation
Thank you for the analysis - it has been spot on so far. Have you updated your price target based on the recent asset sales and new commodity prices? Thanks. view available tags

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