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Last $32.56 USD
Change Today +0.30 / 0.93%
Volume 477.2K
UNT On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 06/3/15 All times are local (Market data is delayed by at least 15 minutes).

unit corp (UNT) Snapshot

Open
$31.85
Previous Close
$32.26
Day High
$32.81
Day Low
$31.67
52 Week High
07/2/14 - $70.36
52 Week Low
03/16/15 - $24.76
Market Cap
1.6B
Average Volume 10 Days
480.0K
EPS TTM
$1.82
Shares Outstanding
50.4M
EX-Date
--
P/E TM
17.9x
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.

1,880 Employees
Last Reported Date: 02/24/15
Founded in 1963

unit corp (UNT) Top Compensated Officers

Chief Executive Officer, President, Chief Ope...
Total Annual Compensation: $1.2M
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $575.7K
Executive Vice President of Unit Petroleum Co...
Total Annual Compensation: $592.2K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $575.7K
Executive Vice President of Drilling - Unit D...
Total Annual Compensation: $509.9K
Compensation as of Fiscal Year 2014.

unit corp (UNT) Key Developments

Unit Corporation Announces Earnings and Operating Results for the First Quarter Ended March 31, 2015; Provides Production Guidance for the Year of 2015; Reports Impairment Charges for the First Quarter Ended March 31, 2015

Unit Corporation announced earnings and operating results for the first quarter ended March 31, 2015. For the quarter, the company announced total revenues of $255,099,000 compared to $387,988,000 for the same period a year ago. Loss from operations was $398,276,000 compared to income from operations of $114,932,000 for the same period a year ago. Loss before income taxes was $398,932,000 compared to income before income taxes of $92,896,000 for the same period a year ago. Net loss was $248,354,000 compared to net income of $56,945,000 for the same period a year ago. Net income per common share, basic and diluted was $5.07 compared to $1.17 for the same period a year ago. Net cash provided by operating activities was $160,309,000 compared to $123,460,000 for the same period a year ago. Adjusted net income was $3,719,000 compared to $62,765,000 for the same period a year ago. Adjusted diluted earnings per share were $0.08 compared to $1.29 for the same period a year ago. Operating profit before depreciation, depletion, and amortization was $60.9 million compared to $147.8 million for the same period a year ago. For the quarter, the company announced oil and NGLs production of 2,384 MBbls compared to 1,875 MBbls for the same period a year ago. Natural gas production was 16.4 Bcf compared to 13.9 Bcf for the same period a year ago. Production was 5,117 MMcf compared to 4,184 MMcf for the same period a year ago. 2015 production guidance is approximately 18.6 to 19.0 MMBoe, an increase of 2% to 4% over 2014, although actual results will continue to be subject to industry conditions. For the quarter, the company reported impairment of oil and gas properties of $400,593,000.

Unit Corporation, Q1 2015 Earnings Call, May 07, 2015

Unit Corporation, Q1 2015 Earnings Call, May 07, 2015

Unit Corporation Presents at IBERIA Capital Partners' Oil & Gas Day, May-12-2015 02:00 PM

Unit Corporation Presents at IBERIA Capital Partners' Oil & Gas Day, May-12-2015 02:00 PM. Venue: Omni Berkshire Place, 21 East 52nd Street at Madison Avenue, New York, NY 10022, United States.

 

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UNT:US $32.56 USD +0.30

UNT Competitors

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Company Last Change
Helmerich & Payne Inc $73.44 USD -0.37
Parker Drilling Co $3.45 USD +0.04
Patterson-UTI Energy Inc $20.77 USD 0.00
Pioneer Energy Services Corp $7.16 USD +0.24
Precision Drilling Corp C$8.68 CAD +0.03
View Industry Companies
 

Industry Analysis

UNT

Industry Average

Valuation UNT Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.1x
Price/Book 0.8x
Price/Cash Flow 4.9x
TEV/Sales 0.5x
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