Unit Corp Q3 revenue up on higher natural gas prices, oil output

Reuters11-06

Unit Corp Q3 revenue up on higher natural gas prices, oil output

Overview

Unit Corporation Q3 2025 revenue rises 10.7% yr/yr
Net income from continuing operations increases, while discontinued operations decline
Company sells Unit Drilling for $120 mln, impacting future operations

Result Drivers

DRILLING SALE - Sale of Unit Drilling Company for $120 mln impacts future operations and financial results
NATURAL GAS PRICES - Significant increase in average natural gas prices boosts revenue from continuing operations
OIL PRODUCTION - Increased oil production contributes to revenue growth despite lower average oil prices

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q3 Revenue		$23.55 mln
Q3 Net Income		$6.90 mln

Press Release: ID:nBw30fBNha

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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