Announcement • Mar 07
Unit Corporation Announces First Quarter 2026 Cash Dividend, Payable on March 27, 2026 Unit Corporation announced that a quarterly cash dividend of $1.25 per share of common stock for the first quarter of 2026 will be paid on March 27, 2026, to shareholders of record as of the close of business on March 17, 2026. Announcement • Dec 05
Unit Corporation Announces Cash Dividend for the Fourth Quarter of 2025, Payable on December 26, 2025 Unit Corporation announced quarterly cash dividend of $1.25 per share of common stock for the fourth quarter of 2025 will be paid on December 26, 2025, to shareholders of record as of the close of business on December 16, 2025. Announcement • Oct 02
Cactus Drilling Company, LLC acquired Unit Drilling Company from Unit Corporation (OTCPK:UNTC) for $120 million. Cactus Drilling Company, LLC acquired Unit Drilling Company from Unit Corporation (OTCPK:UNTC) for $120 million on October 1, 2025. The transaction is subject to approval of merger agreement by target board. The deal has been unanimously approved by the board. Piper Sandler & Co. acted as financial advisor for Unit Corporation.
Cactus Drilling Company, LLC completed the acquisition of Unit Drilling Company from Unit Corporation (OTCPK:UNTC) on October 1, 2025. Announcement • Sep 27
Unit Corporation Announces Changes to Its Board Unit Corporation announced that Steven B. Hildebrand has informed the board that he will not stand for re-election at the 2025 annual meeting of stockholders. In order to keep the mandate in the Company’s charter that the Group 1 class of Directors and the Group 2 class of Directors will consist as nearly as possible of one-half of the total number of directors, the board has accepted the resignation of Alan J. Carr as a Group 2 Director and appointed him to fill the existing vacancy in the Group 1 Directors, resulting in two directors serving as Group 1 Directors and three directors serving as Group 2 Directors. Group 1 Directors will be up for election at the 2025 annual meeting of stockholders. Announcement • Sep 04
Unit Corporation Announces Cash Dividend for the Third Quarter of 2025, Payable on September 26, 2025 Unit Corporation announced that the quarterly cash dividend of $1.25 per share of common stock for the third quarter of 2025 will be paid on September 26, 2025, to shareholders of record as of the close of business on September 16, 2025. The quarterly cash dividend will be funded by cash on the Company’s balance sheet. Announcement • Jun 07
Unit Corporation Announces Cash Dividend for the Second Quarter of 2025, Payable on June 27, 2025 Unit Corporation announced that the quarterly cash dividend of $1.25 per share of common stock for the second quarter of 2025 will be paid on June 27, 2025, to shareholders of record as of the close of business on June 17, 2025. Announcement • Mar 07
Unit Corporation Announces Quarterly Dividend for the First Quarter of 2025, Payable on March 28, 2025 Unit Corporation announced quarterly cash dividend of $1.25 per share of common stock for the first quarter of 2025 will be paid on March 28, 2025, to shareholders of record as of the close of business on March 18, 2025. The quarterly cash dividend will be funded by cash on the Company’s balance sheet. Announcement • Sep 04
Unit Corporation Announces Cash Dividend for the Third Quarter of 2024, Payable on September 27, 2024 Unit Corporation announced that the previously announced quarterly cash dividend of $1.25 per share of common stock for the third quarter of 2024 will be paid on September 27, 2024, to shareholders of record as of the close of business on September 16, 2024. Announcement • Jun 08
Unit Corporation Announces Quarterly Cash Dividend, Payable on June 27, 2024 Unit Corporation announced that the previously announced quarterly cash dividend of $1.25 per share of common stock for the second quarter of 2024 will be paid on June 27, 2024, to shareholders of record as of the close of business on June 17, 2024. Announcement • Mar 08
Unit Corporation Announces Quarterly Cash Dividend for the First Quarter of 2024, Payable on March 28, 2024 Unit Corporation announced that its Board of Directors approved a quarterly cash dividend of $1.25 per share for the first quarter of 2024. The first quarter cash dividend will be paid on March 28, 2024, to shareholders of record as of the close of business on March 18, 2024. The dividend will be funded by cash on the Company’s balance sheet. The Company also announced that it intends to pay a quarterly cash dividend of $1.25 per share for the second, third, and fourth quarters of 2024. Announcement • Sep 15
Unit Corporation Appoints Dylan Cope as Chief Accounting Officer Unit Corporation announced that the Company’s Board of Directors promoted Dylan Cope to Chief Accounting Officer and Controller (principal accounting officer), effective October 1, 2023. Mr. Cope, 37, previously served as Business Operations Controller, a position he held since June 2021. He has held other various positions within the Company’s finance and accounting department since joining in April 2019. Before joining the Company, Mr. Cope served as a Senior Manager at Grant Thornton, LLP. Mr. Cope received a Master of Science in Accounting from Oklahoma State University and is a Certified Public Accountant in the state of Oklahoma. Announcement • Sep 06
Unit Corporation Declares Quarterly Cash Dividend, Payable on September 26, 2023 Unit Corporation announced that the previously announced quarterly cash dividend of $2.50 per share of common stock for the third quarter of 2023 will be paid on September 26, 2023, to shareholders of record as of the close of business on September 15, 2023. Announcement • Aug 15
Unit Corporation Announces Approval of Quarterly Dividends for Each of the Third and Fourth Quarters of 2023 Unit Corporation announced approval of quarterly dividends of $2.50 per share for each of the third and fourth quarters of 2023. The record and payment dates for the third and fourth quarter dividends will be determined at a later date. Announcement • Jun 27
The OPSEU Pension Trust and Partners Group Holding AG (SWX:PGHN) acquired an additional 50% stake in Superior Pipeline Company, L.L.C. from Unit Corporation (OTCPK:UNTC). The OPSEU Pension Trust and Partners Group Holding AG (SWX:PGHN) acquired an additional 50% stake in Superior Pipeline Company, L.L.C. from Unit Corporation (OTCPK:UNTC) on April 24, 2023.
The OPSEU Pension Trust and Partners Group Holding AG (SWX:PGHN) completed the acquisition of an additional 50% stake in Superior Pipeline Company, L.L.C. from Unit Corporation (OTCPK:UNTC) on April 24, 2023. Announcement • Jun 02
Unit Corporation Declares Quarterly Cash Dividend, Payable on June 26, 2023 Unit Corporation announced 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. Announcement • Jul 23
Unit Corporation Provides Earnings Guidance for the Second Quarter and Six Months Ended June 30, 2022 Unit Corporation provided earnings guidance for the second quarter and six months ended June 30, 2022. 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 for the three months ended June 30, 2021.For the six months ended June 30, 2022, net income (loss) attributable to Unit Corporation is expected to be $33.2 million, or $3.25 per diluted share, compared to $(14.9) million, or $(1.25) per diluted share, for the six months ended June 30, 2021. Total revenues for the six months ended June 30, 2022 is expected to be $322.9 million, compared to $255.0 million for the six months ended June 30, 2021. Announcement • Jul 07
Unit Corporation Announces Cessation of David P. Dunham as Senior Vice President and Chief Operating Officer Unit Corporation announced that on July 1, 2022, David P. Dunham, Senior Vice President and Chief Operating Officer of the Company, announced he was stepping down from the Company, effective immediately, to pursue other opportunities. Announcement • Jan 22
Unit Corp Reportedly Looks to Sell Anadarko, Gulf Coast Gas Assets for $1 Billion Unit Corporation (OTCPK:UNTC) has hired an investment bank for a sale of its oil & gas producing assets in the Anadarko and Gulf Coast basins that could fetch around $1 billion, sources told Reuters on January 20, 2022. Tulsa, Oklahoma-based Unit, which filed for bankruptcy in May 2020 at the height of a slump in oil prices, has reached out to interested parties for a divestiture of its upstream subsidiary Unit Petroleum Company, the sources said. The sources, who requested anonymity because the matter is confidential, cautioned that no sale agreement had been reached and Unit could still scrap the plan. Unit did not immediately respond to a request for comment. The planned sale includes land spanning about 270,000 net acres in the Anadarko basin of Texas and Oklahoma and around 24,000 net acres in the U.S. Gulf Coast along the Texas coastline, according to marketing documents seen by Reuters. The assets are estimated to have a total output of around 136 million cubic feet per day of equivalent gas in April, the month when any potential sale would be effective on Unit’s books, according to the documents. Bids for the assets are due in March, the documents showed. Announcement • Jul 15
Unit Corporation (OTCPK:UNTC) announces an Equity Buyback for $25 million worth of its shares. Unit Corporation (OTCPK:UNTC) announces a share repurchase program. Under the program, the company will repurchase up to $25 million worth of its shares. The repurchased shares will be available for use in connection with its stock plans and for other corporate purposes. The company intends to fund repurchases from available liquidity. Announcement • Mar 21
Unit Corporation Announces Resignation of Mark E. Schell, Executive Vice President and Chief Strategy Officer, Effective March 31, 2021 On March 16, 2021, Mark E. Schell, Executive Vice President and Chief Strategy Officer of Unit Corporation (the Company"), announced he was stepping down from the Company, effective March 31, 2021.