• FirefoxInstall the new Firefox »
  •  Dow Up0.86% Nasdaq Up0.90%

    Unit Corporation (UNT)

    29.44 Down 1.10(3.60%) 4:05PM EST
    |After Hours : 29.44 0.00 (0.00%) 4:32PM EST
    Add to Portfolio
    ProfileGet Profile for:
    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 acquires, develops, explores, and produces oil and natural gas properties in Oklahoma, Texas, Arkansas, Colorado, Kansas, Louisiana, Mississippi, Montana, New Mexico, North Dakota, Pennsylvania, and Wyoming, as well as in Canada. As of December 31, 2013, this segment had approximately 180 gross proved undeveloped wells. The Contract Drilling segment is involved in the land contract drilling of onshore oil and natural gas wells for the company and other oil and natural gas companies principally in Oklahoma, Texas, Louisiana, Kansas, Wyoming, Colorado, Utah, Montana, and North Dakota. This segment operates a fleet of 121 drilling rigs. The Mid-Stream segment buys, sells, gathers, processes, and treats natural gas for third parties and for its own account. This segment operates 3 natural gas treatment plants, 15 processing plants, and 38 active gathering systems, as well as approximately 1,500 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

    Company Websites 
    Home Page
    Search Yahoo! for:
    More on Unit Corporation

    Corporate Governance 
    Unit Corporation’s ISS Governance QuickScore as of Feb 1, 2015 is 7. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 10; Compensation: 6.
    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, Sec. and Gen. Counsel
    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, 2013 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.
    View Insiders