Unit Corporation (UNTC)
| Market Cap | 260.46M |
| Revenue (ttm) | 237.61M |
| Net Income (ttm) | 47.25M |
| Shares Out | 9.95M |
| EPS (ttm) | 4.75 |
| PE Ratio | 5.51 |
| Forward PE | n/a |
| Dividend | 7.00 (26.32%) |
| Ex-Dividend Date | Mar 18, 2025 |
| Volume | 6,646 |
| Average Volume | 13,892 |
| Open | 26.57 |
| Previous Close | 26.60 |
| Day's Range | 25.60 - 26.60 |
| 52-Week Range | 25.00 - 36.51 |
| Beta | -0.17 |
| RSI | 38.70 |
| Earnings Date | May 7, 2025 |
About Unit Corporation
Unit Corporation, together with its subsidiaries, engages in the exploration, acquisition, development, and production of oil and natural gas properties in the United States. The company operates through Oil and Natural Gas and Contract Drilling segments. The Oil and Natural Gas segment explores for, acquires, develops, and produces oil and natural gas properties. The Contract Drilling segment is involved in the drilling of onshore oil and natural gas wells for a range of other oil and natural gas companies primarily in Oklahoma, Texas, and New... [Read more]
Financial Performance
In 2024, Unit Corporation's revenue was $237.61 million, a decrease of -27.40% compared to the previous year's $327.29 million. Earnings were $47.25 million, a decrease of -81.02%.
Financial StatementsNews
Unit Corporation: Steady Execution Amidst Volatility
Unit Corporation GAAP EPS of $1.07, revenue of $59.92M
Unit Corporation Reports Year End and Fourth Quarter Results
TULSA, Okla.--(BUSINESS WIRE)--On March 13, 2025, Unit Corporation (OTCQX: UNTC) (Company) filed consolidated financial statements for the twelve months ended December 31, 2024 with OTC Markets Group ...
Unit Corporation declares $1.25 dividend
Unit Corporation Announces Payment and Record Dates for First Quarter Cash Dividend
TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) announced today that the previously announced quarterly cash dividend of $1.25 per share of common stock for the first quarter o...
Unit Corporation: Investors Are In For A Treat If Commodities Rise
Playing Both Sides Of An Energy Barbell With Average Dividend Yields Over 10%
This thesis represents two high yield plays that are not fund-centric. The first is a small-cap contract rig driller and gas play Unit Corporation, with an 18+% yield. The second is Albemarle Preferre...
Unit Corporation: Natural Gas Prices Help Improve Projected Dividend Coverage
Unit Corporation: Dividends Likely Melting Away
Unit Corporation has an extremely high 20%+ dividend yield, but this is overshadowed by an oil and gas reserve life of just over seven years. When combined with their zero undeveloped reserves, I expe...
Unit Corporation Declares Quarterly and Special Cash Dividends
TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) announced today that its board of directors have declared the following cash dividends: a quarterly cash dividend of $1.25 per s...
Unit Corporation GAAP EPS of $0.89, revenue of $53.73M
Unit Corporation (UNTC) reports Q3 GAAP EPS of $0.89 with revenue of $53.73M, a decrease of 33.0% year-over-year.
Unit Corporation Reports Third Quarter Results
TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) filed unaudited condensed consolidated financial statements for the three and nine months ended September 30, 2024 with OTC Mark...
Unit Corporation: Dividend Coverage May Drop Below 1.0x In 2025
Unit Corporation currently offers a roughly 15% dividend yield and dividend coverage is projected at slightly above 1.0x for 2H 2024. Learn more on UNTC stock here.
Reiterated Strong Buy: Unit Corporation's Leaner Operations Still Look Bullish
Unit Corporation remains a Strong Buy due to its leaner operations and sustainable dividend strategy. Read why I reiterate UNTC stock as a Strong Buy here.
Unit Corporation Announces Payment and Record Dates for Third Quarter Cash Dividend
TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) announced today that the previously announced quarterly cash dividend of $1.25 per share of common stock for the third quarter o...
Unit Corporation Reports Second Quarter Results
TULSA, Okla.--(BUSINESS WIRE)--On August 8, 2024, Unit Corporation (OTCQX: UNTC) (Company) filed unaudited condensed consolidated financial statements for the three and six months ended June 30, 2024 ...
Unit: 20% TTM Dividend Yield, Stock Repurchases, And Cheap
Unit Corporation delivered a 20% TTM dividend yield and plans to participate in 1-2 net wells per year, expecting additional free cash flow growth. Recent sale of assets and repurchase of shares at $3...
Unit Corporation Announces Payment and Record Dates for Second Quarter Cash Dividend
TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) announced today that the previously announced quarterly cash dividend of $1.25 per share of common stock for the second quarter ...
GeoLinks Names Christine Morris Senior Vice President of Sales and Marketing
LOS ANGELES--(BUSINESS WIRE)--Recognized telecom industry leader bolsters executive team.
Unit Corporation: Quarterly Review, No Debt And A 10+% Dividend Yield
Small cap oil & gas company Unit Corporation has downsized as of recent, returning capital to shareholders through asset sales. With the non-core assets being shed, the company has stated it intends t...
Unit Corporation Reports First Quarter Results
TULSA, Okla.--(BUSINESS WIRE)--On May 9, 2024, Unit Corporation (OTCQX: UNTC) (Company) filed unaudited condensed consolidated financial statements for the three months ended March 31, 2024 with OTC M...
Unit Corporation Reports Year End and Fourth Quarter Results
TULSA, Okla.--(BUSINESS WIRE)--On March 14, 2024, Unit Corporation (OTCQX: UNTC) (Company) filed consolidated financial statements for the twelve months ended December 31, 2023 with OTC Markets Group ...
Unit Corporation Announces Update to Its Dividend Policy
TULSA, Okla--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) announced today that its Board of Directors (the Board) approved a quarterly cash dividend of $1.25 per share for the first quart...
Unit Corporation: A Look At Potential 2024 Results And Dividend Sustainability
Unit can use cash on hand to support its current dividend, but longer term, a $2.50 per share quarterly dividend doesn't seem sustainable.
Unit Corporation's Strategic Divestitures: Unlocking Value For Shareholders
Unit Corporation is a promising dividend play for income investors, operating with two subsidiaries, UPC and Unit Drilling Company. The company's focus on oil and gas exploration and drilling, alongsi...