Unit is an oil and natural gas contract drilling company. Co. is mainly engaged in the exploration, development, acquisition, and production of oil and natural gas properties, the land contract drilling of natural gas and oil wells, and the buying, selling, gathering, processing, and treating of natural gas. Co.'s operations are organized into three segments: Oil and Natural Gas, which explores, develops, acquires, and produces oil and natural gas properties for its account; Contract Drilling, which contracts to drill onshore oil and natural gas wells for others and its account; and Mid-Stream, which buys, sells, gathers, processes, and treats natural gas for third parties and its account. We show 41 historical shares outstanding datapoints in our coverage of UNT's shares outstanding history.
Understanding the changing numbers of UNT shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like UNT versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching UNT by allowing them to research UNT shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
