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. The UNT average annual return 10 years is shown above.
The Average Annual Return on the UNT average annual return 10 years page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether UNT average annual return 10 years or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the UNT average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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