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    Unit Corporation (UNT)

    17.86 Down 1.18(6.20%) Aug 4, 4:04PM EDT
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    Unit Corporation
    7130 South Lewis
    Suite 1000
    Tulsa, OK 74136
    United States - Map
    Phone: 918-493-7700
    Fax: 918-493-7711
    Website: http://www.unitcorp.com

    Index Membership:N/A
    Sector:Basic Materials
    Industry:Oil & Gas Drilling & Exploration
    Full Time Employees:1,880

    Business Summary 

    Unit Corporation, together with its subsidiaries, operates as an oil and natural gas contract drilling company primarily in the United States. The company 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 primarily located in Oklahoma and Texas, as well as in Arkansas, Colorado, Kansas, Louisiana, Mississippi, Montana, New Mexico, North Dakota, and Wyoming. As of December 31, 2014, this segment had approximately 177 gross proved undeveloped wells. The Contract Drilling segment is involved in the land contract drilling of onshore oil and natural gas wells for its own account, as well as for a range of other oil and natural gas companies principally in Oklahoma, Texas, Louisiana, Kansas, Wyoming, and North Dakota. As of December 31, 2014, this segment had 75 operating rigs. The Mid-Stream segment buys, sells, gathers, transports, processes, and treats natural gas for third parties and for its own account. This segment operates 3 natural gas treatment plants, 14 processing plants, and 38 gathering systems, as well as approximately 1,525 miles of pipeline in Oklahoma, Texas, Kansas, Pennsylvania, and West Virginia. Unit Corporation was founded in 1963 and is based in Tulsa, Oklahoma.

    Key Statistics

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    Corporate Governance 
    Unit Corporation’s ISS Governance QuickScore as of Jul 1, 2015 is 5. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 9; Compensation: 1.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Larry D. Pinkston , 60
    Chief Exec. Officer, Pres, Chief Operating Officer and Director
    Mr. David T. Merrill , 54
    Chief Financial Officer, Sr. VP and Treasurer
    Mr. Mark E. Schell , 57
    Sr. VP, Gen. Counsel and Sec.
    Mr. John H. Cromling , 67
    Exec. VP of Drilling - Unit Drilling Company
    Mr. Bradford J. Guidry , 59
    Exec. VP of Unit Petroleum Company
    Amounts are as of Dec 31, 2014 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.
    Currency in USD.
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