Unit Corporation · Tulsa, OK United States ·(NYSE: UNT)
Company Description
Phone: 918-493-7700
Fax: 918-493-7711
Rankings
- S&P 400
View Unit Corporation Locations On A US Map
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This link will open in a new window It's oil for one and one for oil. With a single-minded focus on hydrocarbons, Unit conducts onshore drilling of oil and natural gas wells for customers in the Gulf Coast, Midcontinent, and Rocky Mountain regions of the US. Through Unit Drilling It has a drilling fleet of 129 rigs having depth capacities of 5,000 feet to 40,000 feet. Unit Petroleum explores for and produces oil and gas in the Anadarko and Arkoma basins of Oklahoma and Texas. The company owns stakes in more than 7,620 wells. In 2007 it reported proved reserves of 419.6 billion cu. ft. of natural gas and 15.8 million barrels of oil and natural gas liquids. Its Superior Pipeline subsidiary buys, sells, gathers, processes, and treats natural gas. To read the full description, subscribe now.
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Key Unit Corporation Financials
| Company Type | Public - NYSE: UNT Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,358.1 |
| 2008 Employees | 2,010 |
Unit Corporation Executives
21 executives listed for Unit Corporation's Tulsa, OK location.
| Title | Name & Bio | Contact |
| Chairman | John Nikkel | Network |
| President, CEO, and Director | Larry Pinkston | Network |
| CFO and Treasurer | David Merrill | Network |
Competition
Competitive Landscape for Unit Corporation
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Unit Corporation Competitors
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