Unit Corporation (NYSE:UNT) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
financial results for the three month period ending March 31, 2017.
The Company is making reference to non-GAAP financial measures in
the press release. A reconciliation of these non-GAAP financial
measures to the comparable GAAP financial measures is contained in
the attached press release.
not be deemed “filed” for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the Exchange Act), or
incorporated by reference in any filing under the Securities Act of
1933, as amended (the Securities Act), or the Exchange Act, except
as expressly set forth by specific reference in the filing.
forward-looking statements within the meaning of the Securities Act
and the Exchange Act. Those forward-looking statements are subject
to certain risks and uncertainties, as disclosed by the Company
occasionally in its filings with the Securities and Exchange
Commission. Because of these risks, the Company’s actual results
may differ materially from those indicated or implied by the
forward-looking statements. Except as required by law, we disclaim
any obligation to publicly update or revise forward looking
statements after the date of this report to conform them to actual
Press release dated May 4, 2017
About Unit Corporation (NYSE:UNT)
Unit Corporation is an oil and natural gas contract drilling company. The Company has operations in the exploration and production and mid-stream areas. The Company operates through three segments: Oil and Natural Gas, Contract Drilling and Mid-Stream. It is primarily engaged in the exploration, development, acquisition, and production of oil and natural gas properties, the land contract drilling of natural gas and oil wells, and the buying, selling, gathering, processing and treating of natural gas. Its Oil and Natural Gas operations are carried out by its subsidiary Unit Petroleum Company. The Oil and Natural Gas segment explores, develops, acquires, and produces oil and natural gas properties. Contract Drilling operations are carried out by subsidiary Unit Drilling Company. It drills onshore oil and natural gas wells for its own account, as well as for other oil and natural gas companies. Its Mid-Stream operations are carried out by subsidiary Superior Pipeline Company, L.L.C. Unit Corporation (NYSE:UNT) Recent Trading Information
Unit Corporation (NYSE:UNT) closed its last trading session 00.00 at 22.09 with 804,638 shares trading hands.