Last $65.81 USD
Change Today +1.25 / 1.94%
Volume 169.9K
UNT On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

unit corp (UNT) Snapshot

Open
$64.77
Previous Close
$64.56
Day High
$66.03
Day Low
$64.29
52 Week High
07/2/14 - $70.36
52 Week Low
09/3/13 - $45.00
Market Cap
3.3B
Average Volume 10 Days
178.2K
EPS TTM
$4.24
Shares Outstanding
49.6M
EX-Date
--
P/E TM
15.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for UNIT CORP (UNT)

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unit corp (UNT) Details

Unit Corp. engages in onshore contract drilling of oil and gas wells (for its own account as well as for other companies), exploration and production of oil and gas, and the gathering and transportation of natural gas primarily in the U.S. It also explores, develops, acquires, and produces oil and natural gas, and buys, sells, gathers, processes, and treats natural gas. Drilling operations are located principally in the Oklahoma and Texas areas of the Anadarko and Arkoma Basins, the north Texas Barnett Shale, the Texas Gulf Coast and east Texas, and the Rocky Mountain regions of Wyoming, Colorado, Utah, and Montana; and oil and natural gas properties, undeveloped leaseholds, and related assets primarily in Oklahoma, Texas, Louisiana, and New Mexico. It operates three natural gas treatment plants, six operating processing plants, 37 active gathering systems, and 600 miles of pipeline in Oklahoma, Texas, Louisiana, and Kansas. As of Dec. 31, 2006, it had proved developed and undeveloped reserves of 11,583 thousand barrels of oil and 406,400 million cubic feet of natural gas. Unit was founded in 1963 and is based in Tulsa.

2,463 Employees
Last Reported Date: 02/25/14
Founded in 1963

unit corp (UNT) Top Compensated Officers

Chief Executive Officer, President, Chief Ope...
Total Annual Compensation: $1.1M
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $555.9K
Executive Vice President of Unit Petroleum Co...
Total Annual Compensation: $556.7K
Senior Vice President, Secretary and General ...
Total Annual Compensation: $555.9K
Executive Vice President of Drilling - Unit D...
Total Annual Compensation: $555.7K
Compensation as of Fiscal Year 2013.

unit corp (UNT) Key Developments

Unit Corporation Reports Earnings and Operating Results for the Second Quarter and Six Months Ended June 30, 2014; Reconfirms Production Guidance and Provides Capital Expenditure Guidance for the Full Year 2014

Unit Corporation reported earnings and operating results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $405,431,000 compared to $340,421,000 a year ago. Income from operations was $103,568,000 compared to $84,627,000 a year ago. Income before income taxes was $88,679,000 compared to $96,289,000 a year ago. Net income was $54,360,000 compared to $59,007,000 a year ago. Diluted net income per share was $1.11 compared to $1.22 a year ago. Adjusted net income was $55,357,000 compared to $48,844,000 a year ago. Adjusted diluted earnings per share were $1.13 compared to $1.01 a year ago. For the six months, the company reported total revenues of $793,419,000 compared to $658,953,000 a year ago. Income from operations was $218,500,000 compared to $159,553,000 a year ago. Income before income taxes was $181,575,000 compared to $161,664,000 a year ago. Net income was $111,305,000 compared to $99,213,000 a year ago. Diluted net income per share was $2.27 compared to $2.05 a year ago. Net cash provided by operating activities was $325,528,000 compared to $317,888,000 a year ago. Adjusted net income was $118,122,000 compared to $93,333,000 a year ago. Adjusted diluted earnings per share were $2.41 compared to $1.93 a year ago. For the quarter, the company announced production of oil and NGLs of 2,113 MBbl compared to 1,794 MBbl for the same period a year ago. Production of Natural Gas was 15.0 Bcf compared to 13.9 Bcf a year ago. Production was 4,618 MBoe compared to 4,618 MBoe a year ago. Production was 50.7 MBoe/day compared to 50.7 MBoe/day a year ago. For the six months, the company announced production of oil and NGLs of 3,989 MBbl compared to 3,395 MBbl for the same period a year ago. Production of Natural Gas was 28.9 Bcf compared to 28.1 Bcf a year ago. Production was 4,109 MBoe compared to 8,079 MBoe a year ago. Production was 45.2 MBoe/day compared to 44.6 MBoe/day a year ago. The company reconfirmed production guidance for the full year 2014. For the period, the company reconfirms 2014 production guidance of 13% to 15% growth in 2014 over 2013. The company provided capital expenditure guidance for the year 2014. For the period, the company estimated capital expenditures, excluding acquisitions and capital leases, remains at $78 million.

Unit Corporation, Q2 2014 Earnings Call, Aug 05, 2014

Unit Corporation, Q2 2014 Earnings Call, Aug 05, 2014

Unit Corporation Presents at The Enercom Oil & Gas Conference, Aug-20-2014 09:40 AM

Unit Corporation Presents at The Enercom Oil & Gas Conference, Aug-20-2014 09:40 AM. Venue: The Westin Denver Downtown, 1672 Lawrence St, Denver, Colorado, United States.

 

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UNT:US $65.81 USD +1.25

UNT Competitors

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Industry Analysis

UNT

Industry Average

Valuation UNT Industry Range
Price/Earnings 16.3x
Price/Sales 2.2x
Price/Book 1.4x
Price/Cash Flow 5.8x
TEV/Sales 1.7x
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