Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are three segments which include Oil and Natural gas, Contract Drilling and Mid-stream. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas. Majority of revenue is generated from Oil and Natural Gas.
Quote | Unit (OTCMKTS:UNTCW)
Last: | $0.50 |
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Change Percent: | 100.0% |
Open: | $0 |
Close: | $0.50 |
High: | $0 |
Low: | $0 |
Volume: | 33 |
Last Trade Date Time: | 12/31/1969 07:00:00 pm |
News | Unit (OTCMKTS:UNTCW)
2024-05-25 05:26:24 ET Summary Small cap oil & gas company Unit Corporation has downsized as of recent, returning capital to shareholders through asset sales. With the non-core assets being shed, the company has stated it intends to pay a $1.25/share/quarter dividend for the r...
2024-02-13 04:20:06 ET Summary Unit Corporation is a promising dividend play for income investors, operating with two subsidiaries, UPC and Unit Drilling Company. The company's focus on oil and gas exploration and drilling, alongside strategic divestitures, bolsters its financial ...
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