Pressure-Testing Four MidCon Oil And Gas Producers

Kingdom Capital 5.32K Followers Follow Summary Unit Corporation stands out as my preferred Mid-Continent producer, offering the most attractive risk/reward profile at current valuations. UNTC trades at the lowest EV/PV-10 among peers, holds significant cash, and is positioned for potential upside if production assets are sold. Presidio is highly leveraged but constrained by extensive hedging, while Mach offers diversification but faces MLP-related headwinds. SandRidge benefits from large NOLs and acquisition-driven growth but faces a notable drag from high asset retirement obligations. Getty Images If you've followed me on Seeking Alpha for a bit, you're probably aware of my affinity for Unit Corporation ( UNTC ). The stock was one of my core positions when I launched my fund in 2022 , and This article was written by Kingdom Capital 5.32K Followers Follow Deep value investor focused primarily on microcap stocks. Registered Investment Advisor located in Virginia. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.