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Anushka Dutta

DARK SECRETS: 1 stock that deserves your attention today | Vintage Vibes

UNTC Oil Unit Corporation

Unit Corporation (UNTC) explores, acquires, and develops oil and natural gas properties. The company operates through its three broad segments: Oil and Natural Gas; Contract Drilling; and Mid-Stream. 

In June, UNTC announced that it had ended its agreement with Tudor, Pickering, Holt & Co. (TPH) as an advisor for the previously announced process to sell up to all of its oil and gas properties and reserves. The company also announced an increase from $50 million to $100 million in the aggregate value of shares of common stock that it might repurchase under its stock repurchase program.

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