Unit Corporation (UNTC)

OTCMKTS · Delayed Price · Currency is USD
30.20
+1.45 (5.04%)
Dec 31, 2024, 4:00 PM EST
-30.06%
Market Cap 297.32M
Revenue (ttm) 252.32M
Net Income (ttm) 94.00M
Shares Out 9.85M
EPS (ttm) 9.44
PE Ratio 3.20
Forward PE n/a
Dividend 7.00 (23.18%)
Ex-Dividend Date Dec 17, 2024
Volume 26,400
Open 28.80
Previous Close 28.75
Day's Range 28.02 - 30.27
52-Week Range 25.73 - 43.99
Beta -0.15
Analysts n/a
Price Target n/a
Earnings Date Feb 21, 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, Contract Drilling, and Mid-Stream segments. The Oil and Natural Gas segment explores for, acquires, develops, and produces oil and natural gas properties. Its producing oil and natural gas properties, unproved properties, and related assets are primarily located in Oklahoma and Texas, as well as in Kansas, and Louisiana. Th... [Read more]

Sector Energy
Founded 1963
Employees 552
Stock Exchange OTCMKTS
Ticker Symbol UNTC
Full Company Profile

Financial Performance

In 2023, Unit Corporation's revenue was $327.29 million, a decrease of -40.00% compared to the previous year's $545.53 million. Earnings were $248.94 million, an increase of 67.78%.

Financial Statements

News

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...

25 days ago - Business Wire

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.

7 weeks ago - Seeking Alpha

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...

7 weeks ago - Business Wire

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.

2 months ago - Seeking Alpha

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.

2 months ago - Seeking Alpha

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...

4 months ago - Business Wire

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 ...

5 months ago - Business Wire

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...

5 months ago - Seeking Alpha

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 ...

7 months ago - Business Wire

GeoLinks Names Christine Morris Senior Vice President of Sales and Marketing

LOS ANGELES--(BUSINESS WIRE)--Recognized telecom industry leader bolsters executive team.

7 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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...

8 months ago - Business Wire

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 ...

10 months ago - Business Wire

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...

10 months ago - Business Wire

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.

11 months ago - Seeking Alpha

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...

11 months ago - Seeking Alpha

Unit Corporation Files Tax Form 8937

TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) filed tax Form 8937 today, providing preliminary information relating to organizational actions taken in 2023 affecting the tax ...

1 year ago - Business Wire

Unit Corporation Announces Ex-Dividend Date

TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) previously announced three fourth quarter dividends, each to be paid on December 27, 2023, to shareholders of record as of the c...

1 year ago - Business Wire

Unit Corporation Announces Completion of Texas Panhandle Asset Sale

TULSA, Okla.--(BUSINESS WIRE)--On December 13, 2023, Unit Corporation (OTCQX: UNTC) (Company) completed the previously announced sale of certain non-core oil and gas assets in the Texas Panhandle (the...

1 year ago - Business Wire

Unit Corporation Declares Quarterly and Special Cash Dividends

TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) announced today that its board of directors has declared the following cash dividends: a quarterly cash dividend of $2.50 per sh...

1 year ago - Business Wire

Unit Corporation: Dividend Seems Supported With Positive Risk/Reward Case

Unit Corporation has seen a drop in revenues due to lower commodity prices, but its stock price has been steadily climbing. The company operates in the energy sector, focusing on oil and natural gas e...

1 year ago - Seeking Alpha

Unit Corporation Reports Third Quarter Results

TULSA, Okla.--(BUSINESS WIRE)--On November 10, 2023, Unit Corporation (OTCQX: UNTC) (Company) filed unaudited condensed consolidated financial statements for the three and nine months ended September ...

1 year ago - Business Wire

Unit Corporation Appoints Dylan Cope as Chief Accounting Officer

TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) announced today that the Company's Board of Directors promoted Dylan Cope to Chief Accounting Officer and Controller (principal ...

1 year ago - Business Wire

Unit Corporation: Small Company With Tons Of Cash And Big Dividends

Unit Corporation is recommended as a buy due to a 227% increase in operations income, a 150% increase in cash from operations, and the elimination of all debt as of January 2023. The company's prospec...

1 year ago - Seeking Alpha

Unit Corporation Announces Update to Its Dividend Policy and Change to Its Filing Status

TULSA, Okla.--(BUSINESS WIRE)--Unit Corporation (OTCQX: UNTC) (Company) announced today that its Board of Directors (the Board) approved quarterly dividends of $2.50 per share for the each of the thir...

1 year ago - Business Wire