Unit Corp. (UNT) Tops Q3 EPS by 7c, Revenues Beat

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Unit Corporation Reports 2018 Third Quarter Results

November 6, 2018 7:00 AM EST

TULSA, Okla.--(BUSINESS WIRE)-- Unit Corporation (NYSE: UNT) today reported its financial and operational results for the third quarter 2018. The results reported below include those attributable to Unit's consolidated subsidiaries. Third quarter and recent highlights include:

Net income attributable to Unit of $18.9 million; adjusted net income attributable to Unit of $15.7 million, a 39% and 195% increase over second quarter 2018 and third quarter 2017 adjusted net income, respectively. Oil and natural gas segment production increased 3% over the second quarter of 2018 and 7% over the third quarter of 2017.... More