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Wednesday, December 2, 2009, 7:32PM ET - U.S. Markets Closed. Dow Down 0.18% Nasdaq Up 0.42%
Unit Corp. (UNT)At 4:01PM ET: 38.15  Down 0.28 (0.73%)  
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Unit Corp.
1000 Kensington Tower
7130 South Lewis Suite 1000
Tulsa, OK 74136
United States - Map
Phone: 918-493-7700
Fax: 918-493-7711
Web Site: http://www.unitcorp.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Basic Materials
Industry:Oil & Gas Drilling & Exploration
Full Time Employees:2,010

BUSINESS SUMMARY 
Unit Corporation operates as a contract drilling company. The company operates through three segments: Contract Drilling, Oil and Natural Gas, and Mid-Stream. The Contract Drilling segment engages in land contract drilling of natural gas and oil wells. This segment has operations in Oklahoma and Texas areas of the Anadarko and Arkoma Basins, the North Texas Barnett Shale, the Texas and Louisiana Gulf Coast, East Texas and the Rocky Mountain regions of Wyoming, Colorado, Utah, Montana, and North Dakota. The Oil and Natural Gas segment involves in the exploration, development, acquisition, and production of oil and natural gas properties. Its producing oil and natural gas properties, undeveloped leaseholds, and related assets are located primarily in Oklahoma, Texas, Louisiana, and New Mexico, as well as in Arkansas, North Dakota, Colorado, Wyoming, Montana, Alabama, Kansas, Mississippi, Michigan, Pennsylvania, Maryland, and a small portion in Canada. The Mid-Stream segment engages in buying, selling, gathering, processing, and treating natural gas. It operates 3 natural gas treatment plants, 9 operating processing plants, 37 active gathering systems, and 770 miles of pipeline in Oklahoma, Texas, Louisiana, Kansas, and Pennsylvania. Unit Corporation also operates 132 rigs for drilling services. The company was founded in 1963 and is based in Tulsa, Oklahoma.
Key Statistics

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    CORPORATE GOVERNANCE 
    Unit Corp.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 17.2% of S&P 400 companies and 54.5% of Energy companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Larry D. Pinkston , 53
    Chief Exec. Officer, Pres, Chief Operating Officer
    $ 600.00K $ 897.00K
    Mr. King P. Kirchner , 81
    Co-Founder
    $ 70.00KN/A
    Mr. David T. Merrill , 48
    Chief Financial Officer and Treasurer
    $ 290.00K $ 0
    Mr. Mark E. Schell , 50
    Sr. VP, Sec. and Gen. Counsel
    $ 300.00K $ 897.00K
    Mr. John Cromling , 61
    Exec. VP of Drilling - Unit Drilling Co
    $ 290.00K $ 94.00K
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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