Unit Corp Q3 revenue rises 12%, net income falls
UNTC•Unit Corp's third-quarter revenue rose 12% year over year to $26.36 million, while diluted earnings per share fell to $0.12 from $0.69.
UNTC•UNTC•UNTC•Unit Corp's third-quarter revenue rose 12% year over year to $26.36 million, while diluted earnings per share fell to $0.12 from $0.69.
Unit Corp said higher average realized oil and natural gas liquids prices were offset by lower oil, NGL and natural gas production. Derivatives losses also affected operating income and net income. The company repurchased 41,405 shares in the first nine months of 2026 and provided no specific future revenue, earnings or production guidance in its press release.
