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  • Nov 7, 2024

      Show headlines and story abstract
    • 6:26PM ET on Thursday Nov 07, 2024 by Dow Jones
      Companies Mentioned: UNTC
      net (243) (3,239) (110) 11,856 Gain on sale of Superior investment -- -- -- 17,812 Reorganization items, net (34) (12) (56) (163) Other, net 82 (146) (73) 13 ------ ------ ------- ------- Total other income (expense) 958 (566) 2,911 36,452 ------ ------ ------- ------- Income before income taxes 11,781 29,557 47,466 144,758 ------ ------ ------- ------- Income tax expense (benefit), net: Current 143 532 (72) 881 Deferred 2,689 190 10,976 (47,625) ------ ------ ------- ------- Total income tax expense (benefit), net 2,832 722 10,904 (46,744) ------ ------ ------- ------- Net income $ 8,949 $28,835 $ 36,562 $191,502 ====== ====== ======= ======= Net income per common share: Basic $ 0.91 $ 2.98 $ 3.73 $ 19.81 ====== ====== ======= ======= Diluted $ 0.89 $ 2.94 $ 3.67 $ 19.55 ====== ====== ======= ======= Unit Corporation Selected Financial Highlights - Continued September 30, December 31, 2024 2023 ---------------- --------------- Balance Sheet Data: (In thousands) Cash and cash equivalents $ 80,088 $ 60,779 Current assets $ 115,452 $ 118,296 Total assets $ 307,658 $ 322,720 Current liabilities $ 29,374 $ 42,399 Long-term debt $ -- $ -- Other long-term liabilities $ 22,600 $ 22,803 Total shareholders' equity attributable to Unit Corporation $ 253,475 $ 254,126
    • 4:30PM ET on Thursday Nov 07, 2024 by Dow Jones
      Companies Mentioned: UNTC
      net (243) (3,239) (110) 11,856 Gain on sale of Superior investment -- -- -- 17,812 Reorganization items, net (34) (12) (56) (163) Other, net 82 (146) (73) 13 ------ ------ ------- ------- Total other income (expense) 958 (566) 2,911 36,452 ------ ------ ------- ------- Income before income taxes 11,781 29,557 47,466 144,758 ------ ------ ------- ------- Income tax expense (benefit), net: Current 143 532 (72) 881 Deferred 2,689 190 10,976 (47,625) ------ ------ ------- ------- Total income tax expense (benefit), net 2,832 722 10,904 (46,744) ------ ------ ------- ------- Net income $ 8,949 $28,835 $ 36,562 $191,502 ====== ====== ======= ======= Net income per common share: Basic $ 0.91 $ 2.98 $ 3.73 $ 19.81 ====== ====== ======= ======= Diluted $ 0.89 $ 2.94 $ 3.67 $ 19.55 ====== ====== ======= ======= Unit Corporation Selected Financial Highlights - Continued September 30, December 31, 2024 2023 ---------------- --------------- Balance Sheet Data: (In thousands) Cash and cash equivalents $ 80,088 $ 60,779 Current assets $ 115,452 $ 118,296 Total assets $ 307,658 $ 322,720 Current liabilities $ 29,374 $ 42,399 Long-term debt $ -- $ -- Other long-term liabilities $ 22,600 $ 22,803 Total shareholders' equity attributable to Unit Corporation $ 253,475 $ 254,126

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