News
Unit Corporation Appoints Dylan Cope as Chief Accounting Officer
TULSA, Okla. - Unit Corporation (OTCQX: UNTC) (Company) announced today 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...
Unit Corporation Announces Payment and Record Dates for Third Quarter Cash Dividend
TULSA, Okla. - Unit Corporation (OTCQX: UNTC) (Company) announced today 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...
Unit Corporation Reports Second Quarter Results
TULSA, Okla. - On August 10, 2023, Unit Corporation (OTCQX: UNTC) (Company) filed unaudited condensed consolidated financial statements for the three and six months ended June 30, 2023 with OTC Markets Group Inc. (OTC). The Company's current, quarterly, and annual...
Unit Corporation Announces Update to Its Dividend Policy and Change to Its Filing Status
TULSA, Okla. - Unit Corporation (OTCQX: UNTC) (Company) announced today that its Board of Directors (the Board) approved quarterly dividends of $2.50 per share for the each of the third and fourth quarters of 2023. The record and payment dates for the third and fourth...
Unit Corporation Declares Quarterly Cash Dividend
TULSA, Okla. - Unit Corporation (OTCQX: UNTC) (Company) announced today 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...
Unit Corporation Announces CEO Transition
TULSA, Oklahoma - Unit Corporation (OTCQX: UNTC) (Company) announced today that Philip B. Smith is stepping down as President and Chief Executive Officer of the Company effective March 31, 2023. Mr. Smith will continue to serve as Chairman of the Board of Directors...
Unit Corporation Declares Special Cash Dividend and Approves Quarterly Cash Dividend Policy
TULSA, Okla. - Unit Corporation (OTC Pink: UNTC) (Company) announced today that its Board of Directors has declared a special cash dividend of $10.00 per share and has approved a quarterly cash dividend policy beginning in the Company's second quarter. The special...
Unit Corporation Reports Preliminary Second Quarter Results
TULSA, Okla. - Unit Corporation (OTC Pink: UNTC) (Company) today reported preliminary and unaudited selected financial and operational highlights for the three months ended June 30, 2022. Second Quarter Results Net income (loss) attributable to Unit Corporation for...
Unit Corporation Announces Update of Divestiture Process and Expansion of Its Stock Repurchase Program
TULSA, Okla. - Unit Corporation (OTC Pink: UNTC) (Company) announced today that it has ended its engagement with Tudor, Pickering, Holt & Co. (TPH) as advisor for the previously announced process to sell up to all of its oil and gas properties and reserves. The...
Unit Corporation Announces Sale of Headquarters Building
TULSA, Okla. - Unit Corporation (OTC Pink: UNTC) (Company) announced today that it has closed on the sale of its corporate headquarters building and land. The closing price for the building was $35 million, before transaction costs. Unit has entered into a multi-year...