Unit Corporation (UNTC)
| Market Cap | 288.63M |
| Revenue (ttm) | 252.32M |
| Net Income (ttm) | 94.00M |
| Shares Out | 9.93M |
| EPS (ttm) | 9.44 |
| PE Ratio | 3.08 |
| Forward PE | n/a |
| Dividend | 7.00 (24.09%) |
| Ex-Dividend Date | Dec 17, 2024 |
| Volume | 6,900 |
| Average Volume | 12,126 |
| Open | 29.21 |
| Previous Close | 29.21 |
| Day's Range | 29.02 - 29.21 |
| 52-Week Range | 25.73 - 43.99 |
| Beta | -0.19 |
| RSI | 44.62 |
| 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]
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 StatementsNews
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...
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 ...
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...
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...
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...
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...
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 ...
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 ...