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

Unit

06/11/2025 14:23

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

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(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.)