Last $46.31 USD
Change Today +1.63 / 3.65%
Volume 396.2K
UNT On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

unit corp (UNT) Snapshot

Open
$45.55
Previous Close
$44.68
Day High
$47.50
Day Low
$45.53
52 Week High
07/2/14 - $70.36
52 Week Low
11/19/14 - $43.45
Market Cap
2.3B
Average Volume 10 Days
398.1K
EPS TTM
$4.52
Shares Outstanding
49.6M
EX-Date
--
P/E TM
10.2x
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 Results for the Third Quarter and Nine Months Ended September 30, 2014

Unit Corporation reported earnings results for the third quarter and nine months ended September 30, 2014. Net income for the quarter was $67.5 million, or $1.37 per diluted share, compared to $34.2 million, or $0.70 per diluted share, for the third quarter of 2013. Adjusted net income for the quarter, which excludes the effect of non-cash commodity derivatives, was $54.7 million, or $1.11 per diluted share, compared to $41.2 million, or $0.85 per diluted share, for the same period in 2013. Total revenues for the quarter were $401.0 million (47% oil and natural gas, 30% contract drilling, and 23% mid-stream), compared to $333.8 million (47% oil and natural gas, 30% contract drilling, and 23% mid-stream) for the third quarter of 2013. Income from operations was $93,282,000 against $73,491,000 a year ago. Income before income taxes was $108,775,000 against $56,092,000 a year ago. Net income for the nine months ended September 30, 2014 was $178.8 million, or $3.65 per diluted share, compared to $133.4 million, or $2.75 per diluted share, for the first nine months of 2013. Adjusted net income for the first nine months of 2014, which excludes the effect of non-cash commodity derivatives, was $172.9 million, or $3.52 per diluted share, compared to $134.5 million, or $2.77 per diluted share, for the same period in 2013. Total revenues for the first nine months of 2014 were $1,194.4 million (48% oil and natural gas, 29% contract drilling, and 23% mid-stream), compared to $992.7 million (48% oil and natural gas, 32% contract drilling, and 20% mid-stream) for the first nine months of 2013. Income from operations was $311,782,000 against $233,044,000 a year ago. Income before income taxes was $290,350,000 against $217,756,000 a year ago. Net cash provided by operating activities was $549,527,000 against $500,961,000 a year ago.

Unit Corporation Presents at Brean Capital 2014 Global Resources & Infrastructure Conference, May-28-2014

Unit Corporation Presents at Brean Capital 2014 Global Resources & Infrastructure Conference, May-28-2014 . Venue: New York, New York, United States.

Unit Corporation - Analyst/Investor Day

To provide a corporate overview and discuss the strategy and outlook of its three business segments

 

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UNT Competitors

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Industry Analysis

UNT

Industry Average

Valuation UNT Industry Range
Price/Earnings 9.9x
Price/Sales 1.5x
Price/Book 1.0x
Price/Cash Flow 3.7x
TEV/Sales 1.0x
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