Unit Corporation (UNTC)
| Market Cap | 325.09M +17.8% |
| Revenue (ttm) | 246.91M +72.8% |
| Net Income | 57.62M -38.7% |
| EPS | 5.84 -38.1% |
| Shares Out | 9.90M |
| PE Ratio | 4.86 |
| Forward PE | n/a |
| Dividend | 5.00 (15.22%) |
| Ex-Dividend Date | Dec 16, 2025 |
| Volume | 2,333 |
| Average Volume | 12,868 |
| Open | 32.87 |
| Previous Close | 32.85 |
| Day's Range | 32.81 - 33.35 |
| 52-Week Range | 24.02 - 35.12 |
| Beta | -0.19 |
| RSI | 54.25 |
| Earnings Date | Feb 20, 2026 |
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: Cash Position Still Significant After No Special Dividend In 2025
Unit Corporation did not pay a special dividend in 2025, and thus I am projecting its year-end 2025 cash position at $180 million. I am modeling UNTC's 2026 dividend coverage at 0.7x, with a projectio...
Unit Corporation Announces Payment and Record Dates for Fourth Quarter Cash Dividend
TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) announced today that the quarterly cash dividend of $1.25 per share of common stock for the fourth quarter of 2025 will be paid ...
Unit Corporation: Drilling Division Sale Gives It Plenty Of Cash But Reduces Its Free Cash Flow
Unit sold its drilling division for approximately $120 million. It is projected to end 2025 with $180 million in cash before any special dividend payments. Unit's projected free cash flow (with mainte...
Unit Corporation Reports Third Quarter Results
TULSA, Okla.--(BUSINESS WIRE)--On November 6, 2025, Unit Corporation (OTCQX: UNTC) (Company) filed unaudited condensed consolidated financial statements for the three and nine months ended September 3...
Unit Corporation Announces Sale of Its Contract Drilling Business
TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) today announced that it signed and simultaneously closed a definitive agreement to sell its wholly-owned contract drilling subsi...
Unit Corporation Announces Board Re-Balancing
TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) announced today that Steven B. Hildebrand has informed the board that he will not stand for re-election at the 2025 annual meeti...
Unit Corporation: New Drilling Drives Production Growth
Unit Corporation has delivered strong returns, driven by production growth and new investor interest, but now approaches fair value. Recent drilling reversed production declines, validating asset pote...
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 quarterly cash dividend of $1.25 per share of common stock for the third quarter of 2025 will be paid o...
Unit Corporation Reports Second Quarter Results
TULSA, Okla.--(BUSINESS WIRE)--On August 7, 2025, Unit Corporation (OTCQX: UNTC) (Company) filed unaudited condensed consolidated financial statements for the three and six months ended June 30, 2025 ...
Unit Corporation: Increased Oil Production In Q1 2025
Unit appears capable of maintaining its current $1.25 per share dividend while modestly increasing its cash position during 2025. It has been participating in more non-operated wells, increasing its c...
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 quarterly cash dividend of $1.25 per share of common stock for the second quarter of 2025 will be paid ...
Unit Corporation Reports First Quarter Results
TULSA, Okla.--(BUSINESS WIRE)--On May 8, 2025, Unit Corporation (OTCQX: UNTC) (Company) filed unaudited condensed consolidated financial statements for the three months ended March 31, 2025 with OTC M...
Unit Corporation: Steady Execution Amidst Volatility
Unit Corporation has outperformed SandRidge Energy and the Energy Select SPDR ETF since my last coverage. Major developments include a $50m asset sale in December 2023 and significant capital returned...
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 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
Unit Corporation maintains a high dividend yield but faces challenges due to declining production and asset sales, raising concerns about long-term sustainability. Despite its small market cap, UNTC h...
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 declared a $2 per share special dividend for Q4 2024 and intends to continue maintaining a $1.25 per share quarterly dividend in 2025. Improved natural gas prices boosts Unit's projected dividend...
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: Dividend Coverage May Drop Below 1.0x In 2025
Unit Corporation currently offers a roughly 15% dividend yield. Unit's dividend coverage is projected at slightly above 1.0x for 2H 2024. This is expected to decrease to 0.8x in 2025.
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 despite recent revenue declines and market challenges. UNTC's strategic divestitures and focus on...
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...
GeoLinks Names Christine Morris Senior Vice President of Sales and Marketing
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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...