Item 1. Business Unless otherwise indicated or required by the context, the terms “Company,” “Unit,” “us,” “our,” “we,” and “its” refer to Unit Corporation or, as appropriate, one or more of its subsidiaries. References to our mid-Stream segment refer to Superior Pipeline Company, L.L.C. (and its subsidiaries) of which we own 50%. Our executive offices are at 8200 South Unit Drive, Tulsa, Oklahoma 74132; our telephone number is (918) 493-7700. Information regarding our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and any amendments to these reports, will be provided free in print to any shareholders who request them. They are also available on our website at www.unitcorp.com, as soon as reasonably possible after we electronically file these reports with or furnish them to the SEC. The SEC maintains a website at www.sec.
| Metric | TTM | FY2022 | FY2021 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|
| Revenue | 451M | 546M | 639M | 675M | 843M | 740M |
| Net Income | 330M | 148M | 61M | -554M | -45M | 118M |
| EPS | $33.19 | $14.78 | $5.26 | $-10.48 | $-0.87 | $2.28 |
| Free Cash Flow | 141M | 129M | 146M | -137M | -94M | 10M |
| ROIC | 67.2% | 100.1% | 45.6% | -36.5% | -2.2% | 8.5% |
| Gross Margin | - | - | - | - | - | 82.3% |
| Debt/Equity | 0.00 | 0.00 | 0.10 | 0.78 | 0.46 | 0.61 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 2.3M | 149M | 65M | -686M | -25M | 94M |
| Operating Margin | 0.5% | 27.3% | 10.2% | -101.7% | -2.9% | 12.7% |
| ROE | 67.2% | 54.0% | 32.4% | -64.9% | -3.3% | 8.8% |
| Shares Outstanding | 10M | 10M | 12M | 11M | 52M | 52M |
UNIT CORP passes 6 of 9 quality checks, suggesting mixed fundamentals.
UNIT CORP trades at 1.0x trailing earnings, compared to its 15-year median P/E of 15.0x, suggesting it is currently Cheap relative to its historical range. The company's 5-year average ROIC is 23.1% with a gross margin of 82.3%. Total shareholder yield (buybacks) is 8.7%. At current prices, the estimated annualized return to fair value is -0.0%.
UNIT CORP (UNTC) has a current P/E ratio of 1.0, compared to its historical median P/E of 15.0. The stock is currently considered Cheap based on its historical valuation range.
UNIT CORP (UNTC) has a 5-year average return on invested capital (ROIC) of 23.1%. This indicates strong capital allocation and a potential competitive advantage.
UNIT CORP (UNTC) has a market capitalization of $315M. It is classified as a small-cap stock.
UNIT CORP (UNTC) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 8.70%.
Based on historical P/E analysis, UNIT CORP (UNTC) appears cheap. The current P/E of 1.0 is 93% below its historical median of 15.0. The estimated fair value CAGR (P/E method) is -0.0%.
UNIT CORP (UNTC) operates in the Crude Petroleum & Natural Gas industry, within the Energy sector.
UNIT CORP (UNTC) reported annual revenue of $546 million in its most recent fiscal year, based on SEC EDGAR filings.
UNIT CORP (UNTC) has a net profit margin of 27.2%. This is a strong margin indicating high profitability.
UNIT CORP (UNTC) generated $129 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
UNIT CORP (UNTC) has a debt-to-equity ratio of 0.00. This indicates a conservatively financed balance sheet.
UNIT CORP (UNTC) reported earnings per share (EPS) of $14.78 in its most recent fiscal year.
UNIT CORP (UNTC) has a return on equity (ROE) of 54.0%. This indicates the company generates strong returns for shareholders.
UNIT CORP (UNTC) has a 5-year average gross margin of 82.3%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 13 years of financial data for UNIT CORP (UNTC), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
UNIT CORP (UNTC) has a book value per share of $36.12, based on its most recent annual SEC filing.
No recent press releases.