Unit Corporation (UNTC)
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Can Marsh & McLennan Beat Q1 Earnings on Consulting Unit Strength?
MMC's first-quarter results are likely to benefit from higher Marsh and Guy Carpenter revenues.
Lockheed's Unit Secures a Contract to Support the AEGIS Combat System
LMT's unit, Rotary and Mission Systems, secures a contract to supply electronic equipment fluid cooler and support equipment for the AEGIS combat system.
Equinor Forms New Power Unit to Support AI, Data Center Growth
EQNR is combining its renewable, gas, and storage assets into a new power business to support grid stability amid growing energy needs.
Unit Corporation: Steady Execution Amidst Volatility
Unit Corporation has outperformed SandRidge Energy and the Energy Select SPDR ETF since my last coverage. Major developments include a $50m asset sale in December 2023 and significant capital returned to shareholders. Gas price hedges for 2025 and 2026 provide revenue growth potential, despite recent oil price drops impacting earnings.
Lockheed's Unit Secures Contract to Aid US Navy and Australia
LMT's unit, Rotary and Mission Systems, secures a contract to support AEGIS modernization, DDG-51 new construction and the allied navy's new production requirements.
BASF Unit Launches First Reduced Carbon Footprint Product
BASFY reduces PCF by 10-15% in its newly launched rPCF aroma ingredients portfolio.
Why Rivian Spun Off a Unit Nobody Knew Existed
It's not at all unusual for a company to spin off a segment of its business: Such events happen all the time. But what's much more rare is when a company spins off a segment of its business that investors didn't know existed in the first place.
Middlesex Water's Unit Acquires the Water Assets of TOV for $4.6M
MSEX's unit acquires water assets of the Town of Ocean View for $4.6 million. This deal will expand its operation in Delaware.
Strong RevPAR & Unit Expansion Efforts Aid Hyatt, Macro Woes Ail
H's focus on its loyalty program and strategic acquisitions bodes well. However, a volatile macroeconomic environment is a concern.
Black Hills' Unit Receives Approval for Rate Hike in Colorado
BKH's subsidiary receives new rate approval from the Colorado Public Utilities Commission. This should help BKH serve customers more efficiently.
Lockheed's Unit Secures a Contract to Aid Integrated Combat System
LMT's unit, Rotary and Mission Systems, secures a $35.4 million modification contract involving the Integrated Combat System.
Lockheed's Unit Secures a Contract to Aid AEGIS Weapon System
LMT's unit, Rotary and Mission Systems, secures a modification contract involving the AEGIS weapon system.
