Unit Corp. (UNT) Tops Q4 EPS by 16c
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Unit Corporation Reports 2016 Fourth Quarter & Year End Results
February 23, 2017 7:30 AM ESTTULSA, Okla.--(BUSINESS WIRE)-- Unit Corporation (NYSE: UNT) today reported its financial and operational results for the fourth quarter and year end 2016. Fourth quarter and recent highlights include:
Net income of $1.7 million for the quarter. To date, the contract drilling segment increased the number of drilling rigs in service from a low of 13 in the second quarter to 26, a 100% increase. Contract drilling segment placed into service its ninth BOSS drilling rig. Oil and... More