UNT Unit Corporation

Unit Corporation to Participate in Upcoming Conferences

Unit Corporation (NYSE: UNT) announced today that it will participate at the Raymond James Boston Spring Investors Conference in Boston, Massachusetts on Tuesday, June 6th. This event will not be webcast; however, Unit’s presentation will be posted on the Company’s website at www.unitcorp.com. Unit will also present at the Bank of America Merrill Lynch 2017 Energy Credit Conference in New York, New York on Wednesday, June 7th. The presentation will be broadcast live over the Internet at 10:10 a.m. Eastern Time (9:10 a.m. Central Time). Listeners may access this webcast via the Company’s website at www.unitcorp.com.

Unit Corporation is a Tulsa-based, publicly held energy company engaged through its subsidiaries in oil and natural gas exploration, production, contract drilling and natural gas gathering and processing. Unit’s Common Stock is listed on the New York Stock Exchange under the symbol UNT. For more information about Unit Corporation, visit its website at http://www.unitcorp.com.

EN
31/05/2017

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Reports on Unit Corporation

 PRESS RELEASE

Unit Corporation Declares Quarterly Cash Dividend

TULSA, Okla.--(BUSINESS WIRE)-- Unit Corporation (OTCQX: UNTC) (Company) announced today that its Board of Directors declared a quarterly cash dividend of $2.50 per share of common stock for the second quarter of 2023. The dividend will be paid on June 26, 2023, to shareholders of record as of the close of business on June 16, 2023. The quarterly cash dividend will be funded by cash on the Company’s balance sheet. About Unit Corporation Unit Corporation is a Tulsa-based, publicly held energy company engaged through its subsidiaries in oil and gas production and contract drilling. For more ...

 PRESS RELEASE

Unit Corporation Announces CEO Transition

TULSA, Oklahoma--(BUSINESS WIRE)-- Unit Corporation (OTCQX: UNTC) (Company) announced today that Philip B. Smith is stepping down as President and Chief Executive Officer of the Company effective March 31, 2023. Mr. Smith will continue to serve as Chairman of the Board of Directors (Board) of the Company. The Board has appointed current Director, Phil Frohlich, as interim Chief Executive Officer, effective April 1, 2023, until the Board names a successor. Mr. Frohlich has been a member of the Board since September 3, 2020. He is the founder and Managing Partner of Prescott Capital Management, ...

 PRESS RELEASE

Unit Corporation Declares Special Cash Dividend and Approves Quarterly...

TULSA, Okla.--(BUSINESS WIRE)-- Unit Corporation (OTC Pink: UNTC) (Company) announced today that its Board of Directors has declared a special cash dividend of $10.00 per share and has approved a quarterly cash dividend policy beginning in the Company’s second quarter. The special dividend will be paid on January 31, 2023, to shareholders of record as of the close of business on January 20, 2023. The initial quarterly dividend will be $2.50 per share to be paid on a date in the Company’s second quarter that is yet to be determined. Subsequent quarterly dividends will be issued on a variable ra...

 PRESS RELEASE

Unit Corporation Reports Preliminary Second Quarter Results

TULSA, Okla.--(BUSINESS WIRE)-- Unit Corporation (OTC Pink: UNTC) (Company) today reported preliminary and unaudited selected financial and operational highlights for the three months ended June 30, 2022. Second Quarter Results Net income (loss) attributable to Unit Corporation for the three months ended June 30, 2022 is expected to be $80.1 million, or $7.82 per diluted share, compared to $(13.0) million, or $(1.09) per diluted share, for the three months ended June 30, 2021. Total revenues for the three months ended June 30, 2022 is expected to be $134.6 million, compared to $134.1 million...

 PRESS RELEASE

Unit Corporation Announces Update of Divestiture Process and Expansion...

TULSA, Okla.--(BUSINESS WIRE)-- Unit Corporation (OTC Pink: UNTC) (Company) announced today that it has ended its engagement with Tudor, Pickering, Holt & Co. (TPH) as advisor for the previously announced process to sell up to all of its oil and gas properties and reserves. The decision to terminate the Company’s engagement with TPH was primarily based on changes in the price of oil, natural gas, and natural gas liquids since the process was announced, as well as factors created by general volatility in the market. During the process, the Company entered into an agreement to sell its Gulf Coas...

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