3 Nov 2016quarterly activities report● Neutral
UNIT CORP reported quarterly revenue of $174.3 million and net income of $1.7 million for the period ended 2016-12-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
9 Aug 2016quarterly activities report▼ Bad
UNIT CORP reported quarterly revenue of $153.4 million and a net loss of $24.0 million for the period ended 2016-09-30.
4 Aug 2016quarterly activities report▼ Bad
UNIT CORP reported quarterly revenue of $153.4 million and a net loss of $24.0 million for the period ended 2016-09-30.
8 July 2016substantial holder notice● Neutral
BlackRock, Inc reported a UNIT CORP shareholding of 5,195,846 shares (10.10% of votes) in a periodic institutional filing.
9 May 2016director interest notice● Neutral
UNIT CORP director William B Morgan received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director Carla S Mashinski received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director Payne Larry C received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director Gary R Christopher received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director Steven B Hildebrand received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director John G Nikkel received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director Sullivan Robert J Jr. received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director Peyton G Bailey IV received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director J Michael Adcock received 10,000 shares as part of the equity award.
5 May 2016quarterly activities report▼ Bad
UNIT CORP reported quarterly revenue of $138.3 million and a net loss of $72.1 million for the period ended 2016-06-30.
5 May 2016quarterly activities report▼ Bad
UNIT CORP reported quarterly revenue of $138.3 million and a net loss of $72.1 million for the period ended 2016-06-30.
4 May 2016agm notice● Neutral
UNIT CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
13 Apr 2016material agreement● Neutral
This amendment only fixes typographical errors in the April 8, 2016 filing: the total commitment being reduced was $500 million, not $550 million (it still falls to $475 million), and the floating-rate margin schedule is corrected to 1.00% to 2.00%. It changes no other terms.
8 Apr 2016material agreement▼ BadMajor
On April 8, 2016 Unit signed a Third Amendment to its senior credit agreement: the borrowing base falls from $550 million to $475 million and the maximum credit amount from $900 million to $875 million. It adds a cap on senior debt to EBITDA of 2.75x through March 2019 (then funded debt to EBITDA of 4.0x), and pledges 85% of the value of its proved developed producing oil and gas properties and 100% of its ownership in Superior Pipeline as collateral. The filing's total commitment figure was a typo, corrected in the next filing.
24 Mar 2016agm notice● Neutral
UNIT CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
16 Mar 2016securities registration● Neutral
UNIT CORP amended an already-effective registration statement.
11 Mar 2016director interest notice● Neutral
UNIT CORP SR. V-P, General Counsel Mark E Schell had 6,161 shares withheld for taxes on vesting stock.
11 Mar 2016director interest notice● Neutral
UNIT CORP President and CEO Larry D Pinkston had 20,028 shares withheld for taxes on vesting stock.
11 Mar 2016director interest notice● Neutral
UNIT CORP Vice President, Controller Hayes Don A had 2,661 shares withheld for taxes on vesting stock.
11 Mar 2016director interest notice● Neutral
UNIT CORP Sr. V-P, CFO, Treasurer David T Merrill had 8,841 shares withheld for taxes on vesting stock.
11 Mar 2016director interest notice● Neutral
UNIT CORP President, Superior Pipeline Parks Robert had 4,519 shares withheld for taxes on vesting stock.
11 Mar 2016director interest notice● Neutral
UNIT CORP Executive Vice President, UPC Guidry Brad had 6,160 shares withheld for taxes on vesting stock.
11 Mar 2016director interest notice● Neutral
UNIT CORP Executive Vice President, UDC Cromling John had 6,160 shares withheld for taxes on vesting stock.
2 Mar 2016director interest notice● Neutral
UNIT CORP director John G Nikkel bought 2,000 shares on the open market at $5.72.
25 Feb 2016quarterly activities report▼ Bad
UNIT CORP reported quarterly revenue of $136.2 million and a net loss of $41.1 million for the period ended 2016-03-31.
16 Feb 2016securities registration● Neutral
UNIT CORP amended its automatic shelf registration statement.