30.73
+1.77%
Close of 9 Nov 2026, in USD
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About Unit
Its shares trade under the ticker UNTC. It has been listed since 17 March 1980. In the fiscal year to 31 December 2025, it reported revenue of $102.3m and net income of $41.8m. At that date it held total assets of $341.6m and shareholders' equity of $281.1m.
Unit Corp. engages in oil and gas exploration, production, contract drilling, and natural gas gathering and processing. The company is headquartered in Tulsa, Oklahoma. The firm is primarily engaged in the development, acquisition, and production of oil and natural gas properties, the land contract drilling of natural gas and oil wells, and the buying, selling, gathering, processing, and treating of natural gas. The firm operates through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream. The Oil and Natural Gas segment explores, develops, acquires, and produces oil and natural gas properties for its own account. The Contract Drilling segment contracts to drill onshore oil and natural gas wells for others and for its own account. The Mid-Stream segment buys, sells, gathers, processes, and treats natural gas for third parties and for its own account. The Company’s producing oil and natural gas properties, unproved properties, and related assets are primarily located in Oklahoma and Texas, in addition to Arkansas, Kansas, and North Dakota to a lesser extent.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- Listed since
- 17 Mar 1980
- Employees
- 653
- Website
- unitcorp.com ↗
- Head office
- 8200 SOUTH UNIT DRIVE, TULSA, OK, 74132
- Incorporated in
- DE
- Classification
- Crude Petroleum & Natural Gas
- Filer status
- Non-accelerated filer
Leadership
Pay as last reported
- Mr. Philip SmithChairman of the Board, since 2020$83,000
- Mr. Phil FrohlichInterim Chief Executive Officer, Director, since 2020$75,000
- Mr. Thomas SellChief Financial Officer$340,000
- Mr. Christopher MenefeePresident - Unit Drilling Company$300,035
- Mr. Dylan CopeChief Accounting Officer, Controller
- Mr. Andrew HardingVice President, General Counsel, Company Secretary$289,000
- Mr. Karl BodeSenior Vice President, Business Development - Unit Petroleum Company$275,000
- Mr. Robert AndersonIndependent Director$224,023
- Mr. Alan CarrIndependent Director$85,000
- Mr. Steven HildebrandIndependent Director$85,000
- Mr. Andrei VeronaIndependent Director$95,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 19
- Environment
- 12
- Social
- 25
- Governance
- 20
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Headquartered in Tulsa, Oklahoma with 653 employees.
- Operates through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream.
- Primarily engaged in oil and gas exploration, production, and related services.
Weaknesses
- Relies on specific geographic regions including Oklahoma, Texas, Arkansas, Kansas, and North Dakota.
- No mention of diversification beyond oil and gas sectors.
- No information provided on financial performance or market share.
Opportunities
- Expansion into new geographic regions beyond current operations.
- Potential growth in oil and gas exploration and production markets.
- Opportunities to expand mid-stream services for natural gas processing.
Threats
- Dependence on volatile oil and gas markets.
- Geographic concentration increases risk from regional economic downturns.
- No information on environmental regulations or competition.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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