Unit Shares float
What is the Shares float of Unit?
The Shares float of Unit Corp. is 53.405M 96.36%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Energy sector on NYSE compared to Unit
What does Unit do?
Unit Corp. engages in oil and gas exploration, production, contract drilling, and natural gas gathering and processing. It operates through the following segments: Oil and Natural Gas; Contract Drilling; Mid-Stream; and Other. The Oil and Natural Gas segment explores, develops, acquires, and produces oil and natural gas properties. The Contract Drilling segment contracts to drill onshore oil and natural gas wells. The Mid-Stream segment buys, sells, gathers, processes, and treats natural gas. The company was founded by King P. Kirchner and James Donald Bodard in 1963 and is headquartered in Tulsa, OK.
Companies with shares float similar to Unit
- Tiltrenew Fpo Nzx has Shares float of 53.296M 14.13%
- Minda has Shares float of 53.298M 23.46%
- Shekel Brainweigh has Shares float of 53.340M 30.11%
- Superior Mining International has Shares float of 53.361M 94.99%
- Creades AB has Shares float of 53.371M 428.16%
- Westar Resources has Shares float of 53.398M 92.12%
- Unit has Shares float of 53.405M 96.36%
- Minnova has Shares float of 53.420M 87.73%
- Magna Terra Minerals has Shares float of 53.444M 72.58%
- Cornerstone Building Brands has Shares float of 53.470M 42.53%
- Churchill Resources has Shares float of 53.490M 78.46%
- Magnetic North Acquisition has Shares float of 53.537M 90.59%
- e-Play Digital has Shares float of 53.555M 83.76%