Unit Corporation (UNTC)

Unit Corporation (OTCQX:UNTC) is an underfollowed Oil & Gas producer benefiting from elevated price increases and looking to divest assets. It was covered by Safety In Value and on ValueInvestorsClub if you are looking for information prior to the recent price surge. Unit appears highly attractive due to optionality, downside protection, and current strip pricing. Unit is currently exploring strategic alternatives for their main production segment which could provide a hard catalyst for rerating their valuation. That said, I believe the potential cashflow coming from their assets will make them a good investment even if the asset sale does not materialize.