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UNIT CORP - $UNTC STOCK NEWS

Welcome to our dedicated page for UNIT news (Ticker: $UNTC), a resource for investors and traders seeking the latest updates and insights on UNIT stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect UNIT's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of UNIT's position in the market.

News
Unit Corporation Reports Year End and Fourth Quarter Results
Rhea-AI Summary
Unit Corporation (UNTC) filed consolidated financial statements for the twelve months ended December 31, 2023. Net income was $57.4 million for Q4 2023, with total revenues of $74.6 million. For the full year, net income was $248.9 million, with total revenues of $327.3 million. The company paid $37.50 per share in cash dividends in 2023 and declared a quarterly cash dividend of $1.25 per share for Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
Tags
earnings
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News
Unit Corporation Announces Update to Its Dividend Policy
Rhea-AI Summary
Unit Corporation (UNTC) announces a quarterly cash dividend of $1.25 per share for the first quarter of 2024, with intentions for the following quarters. CEO Phil Frohlich highlights the commitment to shareholder value. The Board retains discretion for future dividends based on financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
dividends
-
News
Unit Corporation Files Tax Form 8937
Rhea-AI Summary
Unit Corporation (UNTC) has filed tax Form 8937, providing preliminary information related to organizational actions taken in 2023 affecting the tax basis of its common stock. The form is available on the company's website under the heading of Tax Reporting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.58%
Tags
none
News
Unit Corporation Announces Ex-Dividend Date
Rhea-AI Summary
Unit Corporation (OTCQX: UNTC) has announced three fourth quarter dividends to be paid on December 27, 2023, to shareholders of record as of December 18, 2023. However, the ex-dividend date for the Dividends will be December 28, 2023, as per FINRA rules.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.5%
Tags
dividends
-
News
Unit Corporation Announces Completion of Texas Panhandle Asset Sale
Rhea-AI Summary
Unit Corporation (UNTC) completes sale of non-core oil and gas assets in the Texas Panhandle for $50 million, plans conditional special cash dividend of $5.00 per share on December 27, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
none
-
News
Unit Corporation Declares Quarterly and Special Cash Dividends
Rhea-AI Summary
Unit Corporation (UNTC) declared a quarterly cash dividend of $2.50 per share for Q4 2023, a special cash dividend of $15.00 per share, and a conditional special cash dividend of $5.00 per share. The conditional dividend is contingent on the sale of certain oil and gas properties. Phil Frohlich, CEO, highlighted the company's efforts in capital discipline and expense reduction to provide value to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
News
Unit Corporation Reports Third Quarter Results
Rhea-AI Summary
Unit Corporation (OTCQX: UNTC) filed unaudited financial statements for the three and nine months ended September 30, 2023 with OTC Markets Group Inc. The company reported a decrease in net income and total revenues compared to the same period in 2022. The CEO highlighted the dividend paid during the quarter and the agreement to sell certain properties in the Texas Panhandle. Operational highlights for the oil and natural gas and contract drilling segments were also provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
Tags
earnings
-
News
Unit Corporation Appoints Dylan Cope as Chief Accounting Officer
Rhea-AI Summary
Unit Corporation promotes Dylan Cope to Chief Accounting Officer and Controller
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
management
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News
Unit Corporation Announces Payment and Record Dates for Third Quarter Cash Dividend
Rhea-AI Summary
Unit Corporation (OTCQX: UNTC) will pay a quarterly cash dividend of $2.50 per share of common stock for Q3 2023 on September 26, 2023, funded by cash on the Company’s balance sheet.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
dividends
News
Unit Corporation Reports Second Quarter Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.5%
Tags
earnings
Stock UNTC logo
UNIT CORP

OTC:UNTC

UNTC Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

UNTC Stock Data

373.86M
6.21M
0.37%
51.88%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Tulsa

About UNTC

unit corporation is a diversified energy company engaged through its subsidiaries in the exploration for and production of oil and natural gas, the acquisition of producing oil and natural gas properties, the contract drilling of onshore oil and natural gas wells, and the gathering and processing of natural gas. operations are principally located in the mid-continent region, including the anadarko, arkoma, permian, rocky mountains and gulf coast basins. unit’s principal corporate offices are located in tulsa, oklahoma, with regional offices in oklahoma city, oklahoma; borger, texas; houston, texas; humble, texas; denver, colorado; and casper, wyoming. unit’s common stock is traded on the new york stock exchange under the symbol “unt”.