Unit Stock (OTC:UNTC), Trade Ideas

Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are three segments which include Oil and Natural gas, Contract Drilling and Mid-stream. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas. Majority of the revenue is generated from the Contract Drilling segment.

Unit Corp

WIIM

FICO

FICO shares are trading lower following weak 2024 guidance.

Raymond James analyst Patrick Tyler Brown reiterates Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) with a Strong Buy and raises the price target from $275 to $280.

News

Price Target

Reiteration

Analyst Ratings

Raymond James Reiterates Strong Buy on Union Pacific, Raises Price Target to $280

TD Cowen analyst Max Rakhlenko maintains Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Buy and raises the price target from $250 to $270.

TSCO

TD Cowen Maintains Buy on Tractor Supply, Raises Price Target to $270

MBLY

Mobileye Global shares are trading lower after Morgan Stanley downgraded the stock from Equal-Weight to Underweight and lowered its price target from $26 to $25.

Raymond James analyst Matthew McClintock maintains Tractor Supply (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>) with a Outperform and raises the price target from $250 to $285.

Raymond James Maintains Outperform on Tractor Supply, Raises Price Target to $285

CINF

Cincinnati Financial shares are trading lower, reversing from earlier strength after the company reported better-than-expected Q1 2024 adjusted EPS and sales.

BEKE

KE Holdings shares are trading amid overall strength in Chinese stocks.

Raymond James analyst Savanthi Syth reiterates Southwest Airlines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) with a Outperform and lowers the price target from $33 to $30.

Raymond James Reiterates Outperform on Southwest Airlines, Lowers Price Target to $30

Microsoft Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) on Friday announced the creation of an AI Innovation Lab&nbsp;with&nbsp;Estee Lauder Companies, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EL#NYSE">EL</a>)
The companies will work together to develop solutions that further empower Estee Lauder&#8217;s&nbsp;more than 20 beauty brands as they create closer consumer&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/04/n38454085/the-est-e-lauder-companies-and-microsoft-increase-collaboration-to-power-prestige-beauty-with-gene" rel="noreferrer noopener">connections and increase speed to market with local relevancy.</a>
&#8220;With Microsoft&#8217;s generative AI tools and extensive expertise, we&nbsp;are able to&nbsp;leverage Estee Lauder&#8217;s tremendous data to create more personalized consumer experiences and faster insights to action&nbsp;resulting&nbsp;in increased speed to market and stronger local relevancy,&#8221; said&nbsp;Jane Lauder, EVP, Enterprise Marketing, and chief data officer, The Estée Lauder Companies.
The AI Innovation Lab signifies an intensified strategic bond between Estee Lauder and Microsoft, which&nbsp;was&nbsp;initiated&nbsp;in 2017.&nbsp;
As a part of this enduring alliance, Estee Lauder&nbsp;selected Azure AI as the foundation for its Voice-Enabled Makeup Assistant.&nbsp;
The AI Innovation Lab further positions both companies at the forefront of reimagining the beauty industry with generative AI, per a press release.
&#8220;Generative AI represents a significant opportunity for the beauty industry — creating more engaging customer experiences, getting products into the hands of consumers faster, developing new products more efficiently and sustainably, and much more,&#8221; said&nbsp;Shelley Bransten, corporate vice&nbsp;president,&nbsp;Global&nbsp;Industry Solutions, Microsoft.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com//node/38466580" rel="noreferrer noopener">Microsoft Thanks Call Of Duty, Candy Crush For Sizzling Q3 Gaming Results</a>
Price Action: EL shares are trading higher by 1.30% to $146.88 at last check Friday, while MSFT shares are trading higher by 2.77% to $410.10.
Photo via Wikimedia Commons

Equities

Markets

Tech

General

MSFT

Generative AI In Beauty? Estee Lauder Strengthens Pacts With Microsoft To Create AI Lab

Raymond James analyst Aaron Kessler reiterates Snap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) with a Outperform and raises the price target from $15 to $16.

SNAP

Raymond James Reiterates Outperform on Snap, Raises Price Target to $16

<a href="https://truthsocial.com/@realDonaldTrump/posts/112338695931922120">https://truthsocial.com/@realDonaldTrump/posts/112338695931922120</a>
&nbsp;

Government

Politics

Former President Trump On Truth Social Says He Will Debate President Biden "ANYWHERE, ANYTIME, ANYPLACE"

Raymond James analyst Andrew Marok reiterates Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) with a Outperform and raises the price target from $450 to $480.

Raymond James Reiterates Outperform on Microsoft, Raises Price Target to $480

Li Auto shares are trading higher amid overall strength in Chinese stocks.

Raymond James analyst Srini Pajjuri reiterates KLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>) with a Outperform and raises the price target from $625 to $750.

KLAC

Raymond James Reiterates Outperform on KLA, Raises Price Target to $750

<a href="https://www.bls.gov/productivity/notices/2024/corrected-hours-worked-and-labor-productivity-for-labor-productivity-and-costs-fourth-quarter-2023.htm" title="https://www.bls.gov/productivity/notices/2024/corrected-hours-worked-and-labor-productivity-for-labor-productivity-and-costs-fourth-quarter-2023.htm">https://www.bls.gov/productivity/notices/2024/corrected-hours-worked-and-labor-productivity-for-labor-productivity-and-costs-fourth-quarter-2023.htm</a>

U.S. Bureau Of Labor Statistics Corrects Computation Error For 2019-2023 Hours Worked And Labor Productivity Data

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>KEY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/31/24</td>
<td>$16.00</td>
<td>$26.5K</td>
<td>176</td>
<td>11.4K</td>
</tr>
<tr>
<td>BAC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$39.00</td>
<td>$78.0K</td>
<td>11.6K</td>
<td>8.4K</td>
</tr>
<tr>
<td>AGNC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$9.00</td>
<td>$70.0K</td>
<td>33.7K</td>
<td>6.2K</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$65.00</td>
<td>$27.3K</td>
<td>11.7K</td>
<td>3.2K</td>
</tr>
<tr>
<td>CRBG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$20.00</td>
<td>$41.8K</td>
<td>2.9K</td>
<td>2.0K</td>
</tr>
<tr>
<td>PYPL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$55.00</td>
<td>$160.7K</td>
<td>2.0K</td>
<td>1.2K</td>
</tr>
<tr>
<td>MS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$85.00</td>
<td>$47.5K</td>
<td>1.5K</td>
<td>903</td>
</tr>
<tr>
<td>KNSL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$440.00</td>
<td>$109.3K</td>
<td>179</td>
<td>97</td>
</tr>
<tr>
<td>SQ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$81.00</td>
<td>$58.2K</td>
<td>190</td>
<td>77</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$35.00</td>
<td>$43.0K</td>
<td>277</td>
<td>46</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding KEY (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEY#NYSE">KEY</a>), we observe a call option sweep with bullish sentiment. It expires in 35 day(s) on May 31, 2024. Parties traded 1650 contract(s) at a $16.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $16.0 per contract. There were 176 open contracts at this strike prior to today, and today 11406 contract(s) were bought and sold. 
• Regarding BAC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), we observe a call option sweep with bearish sentiment. It expires in 7 day(s) on May 3, 2024. Parties traded 6000 contract(s) at a $39.00 strike. This particular call needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $78.0K, with a price of $13.0 per contract. There were 11646 open contracts at this strike prior to today, and today 8439 contract(s) were bought and sold. 
• For AGNC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGNC#NASDAQ">AGNC</a>), we notice a put option trade that happens to be bearish, expiring in 56 day(s) on June 21, 2024. This event was a transfer of 2500 contract(s) at a $9.00 strike. The total cost received by the writing party (or parties) was $70.0K, with a price of $28.0 per contract. There were 33727 open contracts at this strike prior to today, and today 6278 contract(s) were bought and sold. 
• For C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we notice a call option trade that happens to be bearish, expiring in 203 day(s) on November 15, 2024. This event was a transfer of 70 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $27.3K, with a price of $390.0 per contract. There were 11732 open contracts at this strike prior to today, and today 3279 contract(s) were bought and sold. 
• Regarding CRBG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRBG#NYSE">CRBG</a>), we observe a put option sweep with bullish sentiment. It expires in 175 day(s) on October 18, 2024. Parties traded 759 contract(s) at a $20.00 strike. This particular put needed to be split into 21 different trades to become filled. The total cost received by the writing party (or parties) was $41.8K, with a price of $55.0 per contract. There were 2914 open contracts at this strike prior to today, and today 2077 contract(s) were bought and sold. 
• For PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we notice a put option trade that happens to be bullish, expiring in 147 day(s) on September 20, 2024. This event was a transfer of 800 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $160.7K, with a price of $201.0 per contract. There were 2093 open contracts at this strike prior to today, and today 1299 contract(s) were bought and sold. 
• Regarding MS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), we observe a call option sweep with neutral sentiment. It expires in 266 day(s) on January 17, 2025. Parties traded 36 contract(s) at a $85.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $47.5K, with a price of $1320.0 per contract. There were 1554 open contracts at this strike prior to today, and today 903 contract(s) were bought and sold. 
• For KNSL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNSL#NYSE">KNSL</a>), we notice a put option sweep that happens to be bearish, expiring in 21 day(s) on May 17, 2024. This event was a transfer of 19 contract(s) at a $440.00 strike. This particular put needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $109.3K, with a price of $5717.0 per contract. There were 179 open contracts at this strike prior to today, and today 97 contract(s) were bought and sold. 
• Regarding SQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), we observe a put option sweep with bearish sentiment. It expires in 7 day(s) on May 3, 2024. Parties traded 71 contract(s) at a $81.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $58.2K, with a price of $820.0 per contract. There were 190 open contracts at this strike prior to today, and today 77 contract(s) were bought and sold. 
• For AFRM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>), we notice a call option trade that happens to be bullish, expiring in 630 day(s) on January 16, 2026. This event was a transfer of 30 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $43.0K, with a price of $1435.0 per contract. There were 277 open contracts at this strike prior to today, and today 46 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AFRM

AGNC

CRBG

KNSL

PYPL

10 Financials Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$170.00</td>
<td>$25.6K</td>
<td>14.3K</td>
<td>134.1K</td>
</tr>
<tr>
<td>HAS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$65.00</td>
<td>$31.3K</td>
<td>4.3K</td>
<td>4.7K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$165.00</td>
<td>$25.2K</td>
<td>492</td>
<td>3.3K</td>
</tr>
<tr>
<td>PTON</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$4.00</td>
<td>$153.0K</td>
<td>231</td>
<td>3.0K</td>
</tr>
<tr>
<td>CZR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/17/24</td>
<td>$38.50</td>
<td>$29.3K</td>
<td>38</td>
<td>2.9K</td>
</tr>
<tr>
<td>XPEV</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$9.00</td>
<td>$76.1K</td>
<td>1.3K</td>
<td>1.0K</td>
</tr>
<tr>
<td>CAVA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$65.00</td>
<td>$59.5K</td>
<td>982</td>
<td>603</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$43.00</td>
<td>$31.5K</td>
<td>2.6K</td>
<td>559</td>
</tr>
<tr>
<td>TSCO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$240.00</td>
<td>$36.4K</td>
<td>322</td>
<td>236</td>
</tr>
<tr>
<td>HD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$325.00</td>
<td>$33.6K</td>
<td>798</td>
<td>128</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bearish, is expiring today. Parties traded 622 contract(s) at a $170.00 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $25.6K, with a price of $42.0 per contract. There were 14300 open contracts at this strike prior to today, and today 134108 contract(s) were bought and sold. 
• For HAS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>), we notice a call option sweep that happens to be bearish, expiring in 21 day(s) on May 17, 2024. This event was a transfer of 223 contract(s) at a $65.00 strike. This particular call needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $31.3K, with a price of $140.0 per contract. There were 4345 open contracts at this strike prior to today, and today 4707 contract(s) were bought and sold. 
• For AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we notice a call option trade that happens to be bearish, expiring in 7 day(s) on May 3, 2024. This event was a transfer of 15 contract(s) at a $165.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $1680.0 per contract. There were 492 open contracts at this strike prior to today, and today 3313 contract(s) were bought and sold. 
• Regarding PTON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTON#NASDAQ">PTON</a>), we observe a call option sweep with bullish sentiment. It expires in 147 day(s) on September 20, 2024. Parties traded 3000 contract(s) at a $4.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $153.0K, with a price of $52.0 per contract. There were 231 open contracts at this strike prior to today, and today 3013 contract(s) were bought and sold. 
• For CZR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>), we notice a call option trade that happens to be neutral, expiring in 21 day(s) on May 17, 2024. This event was a transfer of 299 contract(s) at a $38.50 strike. The total cost received by the writing party (or parties) was $29.3K, with a price of $98.0 per contract. There were 38 open contracts at this strike prior to today, and today 2975 contract(s) were bought and sold. 
• Regarding XPEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), we observe a call option sweep with bullish sentiment. It expires in 84 day(s) on July 19, 2024. Parties traded 1000 contract(s) at a $9.00 strike. This particular call needed to be split into 35 different trades to become filled. The total cost received by the writing party (or parties) was $76.1K, with a price of $76.0 per contract. There were 1364 open contracts at this strike prior to today, and today 1025 contract(s) were bought and sold. 
• For CAVA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), we notice a call option trade that happens to be bearish, expiring in 21 day(s) on May 17, 2024. This event was a transfer of 106 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $59.5K, with a price of $562.0 per contract. There were 982 open contracts at this strike prior to today, and today 603 contract(s) were bought and sold. 
• For GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on May 3, 2024. This event was a transfer of 100 contract(s) at a $43.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $31.5K, with a price of $317.0 per contract. There were 2618 open contracts at this strike prior to today, and today 559 contract(s) were bought and sold. 
• For TSCO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>), we notice a put option sweep that happens to be bullish, expiring in 175 day(s) on October 18, 2024. This event was a transfer of 64 contract(s) at a $240.00 strike. This particular put needed to be split into 13 different trades to become filled. The total cost received by the writing party (or parties) was $36.4K, with a price of $570.0 per contract. There were 322 open contracts at this strike prior to today, and today 236 contract(s) were bought and sold. 
• Regarding HD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HD#NYSE">HD</a>), we observe a put option trade with bullish sentiment. It expires in 21 day(s) on May 17, 2024. Parties traded 81 contract(s) at a $325.00 strike. The total cost received by the writing party (or parties) was $33.6K, with a price of $415.0 per contract. There were 798 open contracts at this strike prior to today, and today 128 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMZN

CAVA

PTON

TSLA

XPEV

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NVDA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>04/26/24</td>
<td>$880.00</td>
<td>$34.6K</td>
<td>10.4K</td>
<td>64.0K</td>
</tr>
<tr>
<td>AAPL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$170.00</td>
<td>$32.8K</td>
<td>9.8K</td>
<td>44.4K</td>
</tr>
<tr>
<td>SMCI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$850.00</td>
<td>$26.0K</td>
<td>2.0K</td>
<td>16.1K</td>
</tr>
<tr>
<td>TSM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$140.00</td>
<td>$26.7K</td>
<td>22.7K</td>
<td>8.8K</td>
</tr>
<tr>
<td>RIOT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$23.00</td>
<td>$72.8K</td>
<td>12.8K</td>
<td>8.1K</td>
</tr>
<tr>
<td>MARA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$19.00</td>
<td>$58.5K</td>
<td>1.8K</td>
<td>4.8K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/19/24</td>
<td>$34.00</td>
<td>$51.1K</td>
<td>1.4K</td>
<td>3.2K</td>
</tr>
<tr>
<td>MRVL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/03/24</td>
<td>$70.00</td>
<td>$148.5K</td>
<td>7.7K</td>
<td>2.9K</td>
</tr>
<tr>
<td>MU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$111.00</td>
<td>$27.3K</td>
<td>1.2K</td>
<td>2.7K</td>
</tr>
<tr>
<td>AMD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/03/24</td>
<td>$155.00</td>
<td>$25.7K</td>
<td>5.6K</td>
<td>2.0K</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NVDA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), we notice a call option sweep that happens to be neutral, is expiring today. Parties traded 52 contract(s) at a $880.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $34.6K, with a price of $669.0 per contract. There were 10428 open contracts at this strike prior to today, and today 64059 contract(s) were bought and sold. 
• For AAPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), we notice a put option trade that happens to be bearish, is expiring today. Parties traded 820 contract(s) at a $170.00 strike. The total cost received by the writing party (or parties) was $32.8K, with a price of $40.0 per contract. There were 9859 open contracts at this strike prior to today, and today 44416 contract(s) were bought and sold. 
• For SMCI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), we notice a call option trade that happens to be bearish, is expiring today. Parties traded 20 contract(s) at a $850.00 strike. The total cost received by the writing party (or parties) was $26.0K, with a price of $1300.0 per contract. There were 2095 open contracts at this strike prior to today, and today 16144 contract(s) were bought and sold. 
• Regarding TSM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), we observe a call option trade with bullish sentiment. It expires in 56 day(s) on June 21, 2024. Parties traded 39 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $685.0 per contract. There were 22727 open contracts at this strike prior to today, and today 8837 contract(s) were bought and sold. 
• Regarding RIOT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>), we observe a call option sweep with bearish sentiment. It expires in 21 day(s) on May 17, 2024. Parties traded 8000 contract(s) at a $23.00 strike. This particular call needed to be split into 24 different trades to become filled. The total cost received by the writing party (or parties) was $72.8K, with a price of $9.0 per contract. There were 12819 open contracts at this strike prior to today, and today 8111 contract(s) were bought and sold. 
• Regarding MARA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>), we observe a call option trade with bearish sentiment. It expires in 7 day(s) on May 3, 2024. Parties traded 398 contract(s) at a $19.00 strike. The total cost received by the writing party (or parties) was $58.5K, with a price of $147.0 per contract. There were 1881 open contracts at this strike prior to today, and today 4802 contract(s) were bought and sold. 
• Regarding INTC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), we observe a call option sweep with bearish sentiment. It expires in 84 day(s) on July 19, 2024. Parties traded 430 contract(s) at a $34.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $51.1K, with a price of $119.0 per contract. There were 1493 open contracts at this strike prior to today, and today 3226 contract(s) were bought and sold. 
• For MRVL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), we notice a call option sweep that happens to be bullish, expiring in 7 day(s) on May 3, 2024. This event was a transfer of 940 contract(s) at a $70.00 strike. This particular call needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $148.5K, with a price of $158.0 per contract. There were 7751 open contracts at this strike prior to today, and today 2974 contract(s) were bought and sold. 
• For MU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), we notice a call option sweep that happens to be bearish, is expiring today. Parties traded 74 contract(s) at a $111.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $27.3K, with a price of $370.0 per contract. There were 1291 open contracts at this strike prior to today, and today 2740 contract(s) were bought and sold. 
• For AMD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), we notice a put option sweep that happens to be bearish, expiring in 7 day(s) on May 3, 2024. This event was a transfer of 50 contract(s) at a $155.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $515.0 per contract. There were 5673 open contracts at this strike prior to today, and today 2066 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AAPL

INTC

MARA

MRVL

NVDA

RIOT

SMCI

10 Information Technology Stocks With Whale Alerts In Today's Session

Raymond James analyst Patrick O'Shaughnessy maintains Fair Isaac (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FICO#NYSE">FICO</a>) with a Outperform and raises the price target from $1413 to $1418.

Raymond James Maintains Outperform on Fair Isaac, Raises Price Target to $1418

Raymond James analyst John Ransom reiterates Encompass Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EHC#NYSE">EHC</a>) with a Strong Buy and raises the price target from $85 to $95.

Raymond James Reiterates Strong Buy on Encompass Health, Raises Price Target to $95

Oil and gas demand is expected to recover this year amid fears of tight supplies arising out of geopolitical tensions and production cuts announced by OPEC+. The supply curbs on oil production may lead to an increase in energy prices worldwide. Given this backdrop, quality energy stocks Petróleo Brasileiro S.A. (PBR), REX American Resources (REX), and Unit Corp. (UNTC) could be solid portfolio additions now. Read on... The energy sector's outlook appears positive as crude oil prices are expected to rise amid inadequate supply and ongoing geopolitical tensions in the Middle East. Also, China's measures to boost its economy and the Federal Reserve's expected rate cuts this year are likely to drive crude oil demand.
Given the industry's bright prospects, it could be wise to consider investing in fundamentally strong energy stocks Petróleo Brasileiro S.A. – Petrobras (<a href="https://stocknews.com/stock/PBR/">PBR</a>), REX American Resources Corporation (<a href="https://stocknews.com/stock/REX/">REX</a>), and Unit Corporation (<a href="https://stocknews.com/stock/UNTC/">UNTC</a>).
Before diving deeper into the fundamentals of these stocks, let's understand what's shaping the energy sector prospects.
Oil prices rose yesterday due to lower-than-expected increases in U.S. crude inventories and considerable decreases in gasoline inventories. The EIA said that U.S. crude inventories rose <a href="https://www.morningstar.com/news/marketwatch/20240306342/oil-prices-climb-after-smaller-than-expected-rise-in-us-crude-inventories">1.4 million barrels</a> in the week ended March 1, while gasoline inventories dropped 4.5 million barrels and stocks of distillates fell 4.1 million barrels.
According to analysts, crude inventories were expected to rise by 3.7 million barrels, while gasoline supplies were expected to drop by 2.3 million barrels, and distillates were forecast to decline by 800,000 barrels.
The unexpected data on inventories and supplies caused concerns about potential shortages in the market, leading to the price rise. Analysts predict that the trend of rising oil prices may continue in the near future if these supply constraints persist.
Oil prices are expected to rise after OPEC+ extended voluntary supply curbs by <a href="https://www.reuters.com/business/energy/oil-rises-after-opec-extends-output-cuts-2024-03-04/">2.2 million bpd through Q2</a>. Russia also reported an additional 417 thousand bpd reduction in the second quarter. The decision aims to keep prices stable in the face of demand concerns.
OPEC+ extended production cuts will reduce overall group production to 34.6 million bpd in the second quarter, down from the prior expectation of output exceeding 36 million bpd. OPEC forecasts global oil demand growth to remain steady at <a href="https://momr.opec.org/pdf-download/res/pdf_delivery_momr.php?secToken2=1">2.2 million bpd in 2024</a>, with a slight increase expected in the U.S. due to improving economic conditions, offsetting a downward revision in OECD Europe.
Global oil demand is projected to grow by 1.8 million bpd in 2025. Crude oil supply is also under stress as the Iran-backed Houthis continue to attack shipping vessels in the Red Sea, driving up transportation costs. According to the EIA's short-term energy outlook, global consumption of liquid fuels will rise by <a href="https://www.eia.gov/outlooks/steo/pdf/steo_full.pdf">1.4 million b/d in 2024 and 1.3 million b/d in 2025</a>.
With China announcing a string of economic stimulus measures, demand for crude oil is expected to rebound, especially as the nation happens to be the biggest importer of crude oil. Moreover, the Federal Reserve is likely to start cutting rates in the second half of the year, which could further boost the demand for commodities, especially crude oil.
The oil and gas industry is expected to be valued at $9.35 trillion by 2028, growing at a <a href="https://www.thebusinessresearchcompany.com/report/oil-and-gas-global-market-report">5.2% CAGR</a>. Furthermore, with the rise in energy demand across the world, there is a growing need for energy services. The shift towards renewable energy sources and the need for cost-effective energy management solutions is also fueling the demand for energy services.
Global energy as a service market is expected to reach $140.50 billion by 2030, growing at a <a href="https://finance.yahoo.com/news/energy-market-projected-reach-usd-131500437.html">CAGR of 9.6%</a>. Investors' interest in energy stocks is evident from the Energy Select Sector SPDR ETF's (<a href="https://stocknews.com/stock/XLE/">XLE</a>) 7.8% returns over the past three months.
Considering these conducive trends, let's analyze the fundamental aspects of the featured energy stocks.
Petróleo Brasileiro S.A. – Petrobras (<a href="https://stocknews.com/stock/PBR/">PBR</a>)
Headquartered in Rio de Janeiro, Brazil, PBR explores, produces, and sells oil and gas in Brazil and internationally. The company operates through Exploration and Production, Refining, Transportation and Marketing, and Gas and Power.
PBR's trailing-12-month <a href="https://www.investopedia.com/terms/l/levered-free-cash-flow.asp">levered FCF</a> margin of 35.73% is 469.6% higher than the industry average of 6.27%. Its 20.23% trailing-12-month ROTC is 136.5% higher than the 8.55% industry average. Additionally, its 25.53% trailing-12-month net income margin is 95.1% higher than the 13.08% industry average.
During the fiscal fourth quarter that ended December 31, 2023, PBR's sales revenue amounted to $27.11 billion, while gross profit came at $14.65 billion, up 0.5% year-over-year. Its net income for the period stood at $6.28 billion. As of December 31, 2023, the company's cash and cash equivalents stood at $12.73 billion, compared to $8 billion as of December 31, 2022.
Street expects PBR's EPS and revenue for the quarter ending June 30, 2024, to increase 5.2% and 14% year-over-year to $0.96 and $26.07 billion, respectively. Over the past year, the stock has gained 58.6% to close the last trading session at $16.70.
PBR's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this promising outlook. It has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Quality and a B for Momentum. Within the A-rated <a href="https://stocknews.com/category/foreign-oil-gas/">Foreign Oil &amp; Gas</a> industry, it is ranked #12 out of 41 stocks. To see PBR's ratings for Growth, Value, Stability, and Sentiment, <a href="https://stocknews.com/stock/PBR/">click here</a>.
REX American Resources Corporation (<a href="https://stocknews.com/stock/REX/">REX</a>)
REX specializes in ethanol production and sales, alongside offerings of corn, distillers grains, non-food grade corn oil, gasoline, and natural gas. Additionally, the company supplies dry distillers grains with solubles, a valuable protein source utilized in animal feed.
REX's trailing-12-month ROTA of 7.73% is 16.4% higher than the 6.64% industry average. Furthermore, its trailing-12-month asset turnover ratio of 1.41x is 164.8% higher than the 0.53x industry average.
For the fiscal third quarter that ended October 31, 2023, REX's net sales and revenue marginally increased year-over-year to $221.08 million. Its gross profit grew 323.7% from the year-ago value to $39.29 million.
In addition, net income and net income per share attributable to REX common shareholders rose 719% and 727.8% from the prior year's period to $26.08 million and $1.49, respectively.
Analysts expect REX's EPS for the quarter ended January 31, 2024, to increase 51.1% year-over-year to $0.71. It surpassed the consensus EPS estimates in three of the trailing four quarters. Over the past year, the stock has gained 36.8% to close the last trading session at $44.08.
It's no surprise that REX has an overall B rating, equating to a Buy in our POWR Ratings system.
It has a B grade for Growth and Sentiment. It is ranked #9 out of 50 stocks in the <a href="https://stocknews.com/category/energy-services/">Energy - Services</a> industry. Beyond what is stated above, we've also rated REX for Value, Momentum, Stability, and Quality. Get all the REX ratings <a href="https://stocknews.com/stock/REX/">here</a>.
Unit Corporation (<a href="https://stocknews.com/stock/UNTC/">UNTC</a>)
UNTC and its subsidiaries explore, acquire, develop, and produce oil and natural gas properties in the United States. They operate through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream.
UNTC's trailing-12-month ROCE of 70.26% is 297.8% higher than the 17.66% industry average. Its trailing-12-month ROTA of 50.06% is 653.7% higher than the 6.64% industry average. Additionally, its 70.66% trailing-12-month net income margin is 440.1% higher than the 13.08% industry average.
For the nine months that ended September 30, 2023, UNTC's total revenues stood at $252.67 million. Likewise, its income from operations came in at $108.31 million. The company's net income and net income per common share attributable to UNTC increased 115.1% and 122.4% from the year-ago value to $191.50 million and $19.55, respectively.
Over the past year, the stock has gained 20.9% to close the last trading session at $39.58.
UNTC's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, which equates to a Buy in our proprietary rating system.
It is ranked #13 out of 84 stocks in the <a href="https://stocknews.com/category/energy-oil-gas/">Energy - Oil &amp; Gas</a> industry. It has a B grade for Value and Quality. To see the additional UNTC ratings for Growth, Momentum, Stability, and Sentiment, <a href="https://stocknews.com/stock/UNTC/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
PBR shares were trading at $14.67 per share on Friday morning, down $2.03 (-12.16%). Year-to-date, PBR has declined -8.14%, versus a 8.51% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rashmi Kumari</h2> <img src='https:/wp-content/uploads/2022/10/Rashmi-Kumari_headshot_2-1.jpg' style="float:left; padding:5px;width:125px;">Rashmi is passionate about capital markets, wealth management, and financial regulatory issues, which led her to pursue a career as an investment analyst. With a master's degree in commerce, she aspires to make complex financial matters understandable for individual investors and help them make appropriate investment decisions.<a href="https://stocknews.com/authors/?author=rashmi-kumari">More...</a>The post <a href=https://stocknews.com/news/pbr-rex-untc-streamline-your-investments-with-these-3-energy-stocks/>Streamline Your Investments With These 3 Energy Stocks</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

Streamline Your Investments With These 3 Energy Stocks

Ongoing conflicts in the Middle East, along with the extension of oil production cuts, are contributing to the positive sentiment surrounding the energy industry's prospects. Given their discounted valuation, investors could consider buying fundamentally strong energy stocks Select Water Solutions (WTTR), Unit (UNTC), and Adams Resources & Energy (AE). Keep reading... The energy industry is likely to witness substantial growth this year, supported by the ongoing geopolitical tensions in the Middle East, expectations of a demand recovery in China, and concerns related to supply constraints arising out of the OPEC+ restrictions extending into the second quarter.
Amid this backdrop, it could be wise to add fundamentally strong energy stocks: Select Water Solutions, Inc. (<a href="https://stocknews.com/stock/WTTR/">WTTR</a>), Unit Corporation (<a href="https://stocknews.com/stock/UNTC/">UNTC</a>), and Adams Resources &amp; Energy, Inc. (<a href="https://stocknews.com/stock/AE/">AE</a>).
Before diving deeper into the fundamentals of these stocks, let's discuss what's shaping the energy industry's prospects.
Despite the shift to renewable energy sources, oil and gas are likely to continue enjoying steady demand due to global population growth, industrialization, economic development, and increased use of energy-intensive technologies. Crude oil prices rose for the second consecutive month in February after a period of losses last year.
Oil prices are likely to get a boost after the OPEC+ extended voluntary output cuts by <a href="https://www.reuters.com/business/energy/oil-rises-after-opec-extends-output-cuts-2024-03-04/">2.2 million bpd through Q2</a>. Russia also announced an additional 417 thousand bpd cut in the second quarter. The decision aims to stabilize prices amidst demand concerns.
The OPEC+ cuts will lead to lower production from the whole group, coming in at 34.6 million bpd in the second quarter, lower than the earlier forecast of output rising above 36 million bpd.
Rising crude stockpiles and <a href="https://www.chemanalyst.com/NewsAndDeals/NewsDetails/us-crude-stockpile-surge-raises-concerns-over-slow-demand-and-interest-rates-25620">potential delays in U.S. rate cuts</a> have raised concerns over the outlook for oil demand. However, according to the <a href="https://momr.opec.org/pdf-download/res/pdf_delivery_momr.php?secToken2=1">latest monthly report</a>, OPEC forecasts global oil demand growth to remain steady at 2.2 million bpd in 2024, with a slight increase expected in the U.S. due to improving economic conditions, offsetting a downward revision in OECD Europe.
In 2025, global oil demand is projected to grow by 1.8 million bpd, with the OECD expected to grow by 0.1 million bpd and the non-OECD by 1.7 million bpd.
Moreover, The EIA forecasts growth in U.S. natural gas demand driven by domestic consumption in 2024, especially in the electricity sector, with an <a href="https://www.eia.gov/todayinenergy/detail.php?id=61385">11% increase</a> expected compared to the previous five-year average. Despite a slight decrease in industrial sector consumption, overall demand is anticipated to rise due to weather-driven factors with higher demand from residential and commercial sectors.
Furthermore, the expected interest rate cuts from the Federal Reserve this year are likely to drive up demand for commodities, notably crude oil. Oil prices are also likely to get a boost due to the ongoing hostilities in the Middle East, as the Red Sea has become a no-go zone following the frequent attacks on shipping vessels by the Iran-backed Houthis.
The Houthis' missile and drone attacks have driven up the costs of transporting energy products and tightened supplies. Moreover, China, the biggest crude importer, has set an ambitious 2024 economic growth target of <a href="https://www.reuters.com/world/china/china-targets-2024-gdp-growth-around-5-government-work-report-2024-03-05/">around 5%</a>. This target would likely boost fuel consumption in the country, thereby boosting demand for oil.
This potential rise in oil demand could be advantageous for companies involved in drilling, evaluation, production, and maintenance services. The global oilfield services market is anticipated to thrive and is projected to expand at a <a href="https://www.linkedin.com/pulse/oilfield-services-market-booming-insights-brg8c?trk=article-ssr-frontend-pulse_more-articles_related-content-card">CAGR of 6.5%</a>, reaching $175.03 billion by 2031.
Considering these conducive trends, let's analyze the fundamental aspects of the featured energy stocks.
Select Water Solutions, Inc. (<a href="https://stocknews.com/stock/WTTR/">WTTR</a>)
WTTR and its subsidiaries provide water management and chemical solutions to the energy industry in the United States. The company operates through three segments: Water Services, Water Infrastructure, and Chemical Technologies.
On January 30, 2024, WTTR announced the acquisition of strategic water infrastructure assets in the Haynesville Shale and Rockies regions. The acquisitions will enhance its capacity by 450,000 barrels per day across 21 active saltwater disposal wells and other facilities.
The acquisitions include Tri-State Water Logistics, LLC's gathering and disposal assets, Iron Mountain Energy LLC's fluids and solids treatment assets, and additional disposal infrastructure and recycling capacity in the Rockies. They aim to strengthen WTTR's position in sustainable water solutions for the energy industry.
In terms of forward EV/Sales, WTTR's 0.59x is 69.2% lower than the 1.92x industry average. Its 3.40x forward <a href="https://www.investopedia.com/terms/e/ev-ebitda.asp">EV/EBITDA</a> is 38% lower than the 5.48x industry average. Likewise, its 0.52x forward Price/Sales is 61.3% lower than the 1.34x industry average.
WTTR's revenues for the fourth quarter ended December 31, 2023, came in at $374.86 million. Its gross profit rose 31.2% year-over-year to $54.56 million. The company's net income attributable to WTTR stood at $27.60 million, up 260.8% over the prior-year quarter.
In addition, its Class A net income per share attributable to common stockholders rose 285.7% year-over-year to $0.27.
Street expects WTTR's revenue for the quarter ending September 30, 2024, to increase 3.8% year-over-year to $403.86 million. Its EPS for the fiscal 2025 is expected to increase 94.5% year-over-year to $1.30. It surpassed the Street EPS estimate in each of the trailing four quarters. Over the past three months, the stock has gained 12.6% to close the last trading session at $8.32.
WTTR's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its solid prospects. It has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It is ranked #8 out of 50 stocks in the <a href="https://stocknews.com/category/energy-services/">Energy - Services</a> industry. It has a B grade for Value. <a href="https://stocknews.com/stock/WTTR/">Click here</a> to see the other ratings of WTTR for Growth, Momentum, Stability, Sentiment, and Quality.
Unit Corporation (<a href="https://stocknews.com/stock/UNTC/">UNTC</a>) 
UNTC and its subsidiaries explore, acquire, develop, and produce oil and natural gas properties in the United States. They operate through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream.
On December 13, 2023, UNTC announced the completion of the sale of non-core oil and gas assets in the Texas Panhandle, generating $50 million in net cash proceeds. These were used to fund a special cash dividend of $5.00 per share to shareholders paid on December 27, 2023.
Phil Frohlich, CEO at UNTC, said, "This transaction is a great example of our strategy to prune our non-core assets and return value to our shareholders."
In terms of the trailing-12-month EV/Sales, UNTC's 0.51x is 74.4% lower than the 1.97x industry average. Likewise, its 0.91x trailing-12-month Price/Book is 42.5% lower than the 1.59x industry average. Also, its 1x trailing-12-month EV/EBITDA is 82.3% lower than the 5.63x industry average.
For the nine months that ended September 30, 2023, UNTC's total revenues stood at $252.67 million. Likewise, its income from operations came in at $108.31 million. For the same quarter, the company's net income and net income per common share attributable to UNTC increased 115.1% and 122.4% from the year-ago value to $191.50 million and $19.55, respectively.
Over the past nine months, UNTC's stock has gained 14.2% to close the last trading session at $38.70.
UNTC's positive outlook is reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It has a B grade for Value and Quality. It is ranked #13 out of 83 stocks in the <a href="https://stocknews.com/category/energy-oil-gas/">Energy - Oil &amp; Gas</a> industry. To see UNTC's Growth, Momentum, Stability, and Sentiment ratings, <a href="https://stocknews.com/stock/UNTC/">click here</a>.
Adams Resources &amp; Energy, Inc. (<a href="https://stocknews.com/stock/AE/">AE</a>) 
AE primarily engages in the marketing, transportation, terminalling, and storage of crude oil and other related products in the United States. The company operates through four segments: Crude Oil Marketing, Transportation, Pipeline and Storage, and Logistics and Repurposing.
In terms of forward EV/EBITDA, AE's 5.03x is 8.2% lower than the 5.48x industry average. Its 0.03x forward Price/Sales is 98% lower than the 1.34x industry average. Moreover, its 0.04x forward EV/Sales is 97.8% lower than the 1.92x industry average.
AE's total revenues for the third quarter that ended September 30, 2023, came in at $760.61 million. Its operating earnings increased 31.1% year-over-year to $3.93 million. Additionally, the company's net earnings rose 3.1% over the prior year's quarter to $2.26 million, and its EPS came in at $0.88, up 76% year-over-year.
For fiscal 2024, AE's revenue is expected to increase 1.7% year-over-year to $2.76 billion. Over the past month, AE's stock has gained 14.9% to close the last trading session at $28.87.
AE's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Growth, Value, and Momentum. Within the Energy - Oil &amp; Gas industry, it is ranked #6. In total, we rate AE on eight different levels. Beyond what we stated above, we also have given AE grades for Stability, Sentiment, and Quality. Get all the AE ratings <a href="https://stocknews.com/stock/AE/">here</a>.
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<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/wttr-untc-ae-3-value-energy-stocks-with-profit-potential/>3 Value Energy Stocks With Profit Potential</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>