Unit Corporation to Sell 50% Interest in Midstream Subsidiary

Unit Corporation (NYSE: UNT) announced today it has agreed to sell a fifty percent (50%) equity interest in its wholly owned subsidiary, Superior Pipeline Company, LLC (“Superior”) for cash proceeds of $300 million. The purchaser, SP Investor Holdings, LLC...

Unit Corporation to Participate in Upcoming Conferences

Unit Corporation (NYSE: UNT) announced today that it will present at the Cowen and Company Energy and Natural Resources Conference in New York, New York. Unit’s presentation will be broadcast live over the Internet on Tuesday, December 5th at 11:25 a.m. Eastern...

Unit Corporation Announces Newly Appointed Officer

Unit Corporation (NYSE: UNT) today announced that Les Austin has been named Senior Vice President and Chief Financial Officer of the company, effective immediately. The position was held by David T. Merrill, who was promoted to Chief Operating Officer in August 2017....

Unit Corporation Reports 2017 Third Quarter Results

Unit Corporation (NYSE: UNT) today reported its financial and operational results for the third quarter 2017. Results and recent highlights include: Net income of $3.7 million and adjusted net income of $5.3 million. Oil and natural gas segment production increased 5%...