Unit Corporation

Equities

UNTC

US9092184061

Oil & Gas Exploration and Production

Market Closed - OTC Markets Other stock markets 03:53:54 2024-04-26 pm EDT			5-day change	1st Jan Change
39 ^USD	0.00%		+1.59%	-9.68%

Mar. 14	Earnings Flash (UNTC) UNIT CORPORATION Reports Q4 Revenue $74.6M	MT
Mar. 14	Unit Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	CI

Unit Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023

March 14, 2024 at 11:46 am EDT

Unit Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 74.63 million compared to USD 102.32 million a year ago. Net income was USD 57.44 million compared to USD 59.34 million a year ago. Basic earnings per share from continuing operations was USD 5.89 compared to USD 6.16 a year ago. Diluted earnings per share from continuing operations was USD 5.79 compared to USD 6.07 a year ago.
For the full year, revenue was USD 327.29 million compared to USD 545.53 million a year ago. Net income was USD 248.94 million compared to USD 148.37 million a year ago. Basic earnings per share from continuing operations was USD 25.68 compared to USD 15.03 a year ago. Diluted earnings per share from continuing operations was USD 25.32 compared to USD 14.78 a year ago.

Latest news about Unit Corporation

Earnings Flash (UNTC) UNIT CORPORATION Reports Q4 Revenue $74.6M	Mar. 14	MT
Unit Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Mar. 14	CI
Unit Corporation Provides Dividend Guidance for the Second, Third and Fourth Quarters of 2024	Mar. 07	CI
Unit Corporation Announces Quarterly Cash Dividend for the First Quarter of 2024, Payable on March 28, 2024	Mar. 07	CI
New York pension fund further restricts investments in Exxon, other oil companies	Feb. 15	RE
Unit Corporation Declares Special Cash Dividend, Payable on December 27, 2023	Dec. 08	CI
Unit Corporation Declares Cash Dividend for the Fourth Quarter of 2023, Payable on December 27, 2023	Dec. 08	CI
Earnings Flash (UNTC) UNIT CORPORATION Reports Q3 Revenue $80.2M	Nov. 10	MT
Unit Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 10	CI
Unit Appoints Dylan Cope as Chief Accounting Officer, Controller, Effective Oct. 1	23-09-14	MT
Unit Corporation Appoints Dylan Cope as Chief Accounting Officer	23-09-14	CI
Unit Corporation Declares Quarterly Cash Dividend, Payable on September 26, 2023	23-09-05	CI
Unit Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-14	CI
Unit Corporation Announces Approval of Quarterly Dividends for Each of the Third and Fourth Quarters of 2023	23-08-14	CI
The OPSEU Pension Trust and Partners Group Holding AG acquired an additional 50% stake in Superior Pipeline Company, L.L.C. from Unit Corporation.	23-06-25	CI
Unit Corporation Declares Quarterly Cash Dividend, Payable on June 26, 2023	23-06-01	CI
Tranche Update on Unit Corporation's Equity Buyback Plan announced on July 13, 2021.	23-05-11	CI
Unit Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-11	CI
Tranche Update on Unit Corporation's Equity Buyback Plan announced on July 13, 2021.	23-03-17	CI
Unit Corporation Announces CEO Change	23-03-02	CI
Unit Corporation Announces That Philip B. Smith Is Stepping Down as President	23-03-02	CI
Unit Corporation Announces Initial Quarterly Dividend	23-01-05	CI
Unit Corporation Approves Quarterly Cash Dividend Policy	23-01-05	CI
Unit Corporation Declares Special Cash Dividend, Payable on January 31, 2023	23-01-05	CI
Tranche Update on Unit Corporation's Equity Buyback Plan announced on July 13, 2021.	22-11-10	CI

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Company Profile

Unit Corporation is a natural gas contract drilling company. The Company is primarily engaged in the 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. The Company operates through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream. The Oil and Natural Gas segment explores, develops, acquires, and produces oil and natural gas properties for its own account. The Contract Drilling segment contracts to drill onshore oil and natural gas wells for others and for its own account. The Mid-Stream segment buys, sells, gathers, processes, and treats natural gas for third parties and for its own account. The Companyâs producing oil and natural gas properties, unproved properties, and related assets are primarily located in Oklahoma and Texas, in addition to Arkansas, Kansas, and North Dakota to a lesser extent.

Sector

Oil & Gas Exploration and Production

Calendar

2024-08-06 - Q2 2024 Earnings Release (Projected)

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Income Statement Evolution

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Sector Other Oil & Gas Exploration and Production

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