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UNIT (UNTC)

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Earnings summaries and quarterly performance for UNIT.

Recent press releases and 8-K filings for UNTC.

Unit Corporation Reports Q4 and FY 2025 Results, Completes Drilling Subsidiary Sale
UNTC
Earnings
M&A
Dividends
  • Unit Corporation reported net income of $51.353 million and total diluted earnings per common share of $5.15 for the fourth quarter ended December 31, 2025. For the full year 2025, net income was $98.292 million and total diluted EPS was $9.87.
  • The company completed the sale of its wholly-owned contract drilling subsidiary, Unit Drilling Company (UDC), on October 1, 2025, for $119.7 million in cash consideration. This sale resulted in a taxable gain of $106.5 million and the results of UDC have been classified as discontinued operations for all periods presented.
  • For the fourth quarter of 2025, net income from continuing operations was $9.997 million ($1.00 diluted EPS) and net income from discontinued operations was $41.356 million ($4.15 diluted EPS).
  • Unit Corporation's Board of Directors declared a quarterly cash dividend of $1.25 per share for the first quarter of 2026, payable on March 27, 2026. The company also repurchased 4,500 shares for $0.1 million during the year ended December 31, 2025.
1 day ago
UNOC secures $2 billion Vitol loan for fuel infrastructure
UNTC
Debt Issuance
New Projects/Investments
  • Uganda National Oil Company (UNOC) has signed financing agreements to borrow up to $2 billion from Vitol Bahrain E.C. over seven years to fund strategic petroleum infrastructure.
  • The funds are earmarked for projects including greenfield fuel storage at Namwabula, expansion of the Jinja petroleum terminal, and extension of a refined products pipeline, with the goal of improving logistical efficiencies and strengthening Uganda's energy security.
  • Uganda currently imports 2.3–2.5 billion litres of refined fuel annually, costing about $2 billion a year, and its domestic fuel demand is growing an estimated 6–7% annually.
Dec 19, 2025, 12:54 PM
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