Added to YB: 2023-12-12
Pitch date: 2023-12-11
UNTC [bullish]
Unit Corporation
+6.04%
current return
Author Info
Value Don't Lie is a value investor who focuses on small cap and special situations Sign up for the newsletter.
Company Info
Unit Corporation, together with its subsidiaries, engages in the exploration, acquisition, development, and production of oil and natural gas properties in the United States.
Market Cap
$324.7M
Pitch Price
$30.99
Price Target
85.00 (+159%)
Dividend
N/A
EV/EBITDA
3.44
P/E
4.86
EV/Sales
1.31
Sector
Oil, Gas and Consumable Fuels
Category
dividend
Quick Value #197 - Unit Corp ($UNTC)
$UNTC: Oil & gas co. pays $22.50/share dividend on $56 stock (40% yield). Semi-liquidating since 2020, $180M asset sales. $37M net cash post-div. Drilling seg: $330M at 4x TTM EBIT. Prod. seg: $270M at 4.5x EBITDA. Fair value $85/share. Author may buy post-div.
Read full article (3 min)