Unit Corporation Q4 net income jumps on asset sale

Unit

12/03/2026 13:10

Overview

U.S. oil and gas producer's Q4 revenue was flat yr/yr, net income jumped on asset sale

Company sold contract drilling unit, results from that unit shown as discontinued operations

Unit declared Q1 2026 quarterly dividend and repurchased shares in 2025

Result Drivers

OIL AND NGL PRICES - Lower average realized prices for oil and NGLs weighed on segment revenue

NATURAL GAS PRICES - Higher average realized natural gas prices supported segment revenue

OIL PRODUCTION - Increased oil production partially offset lower prices

Company press release: ID:nBw3yzLwXa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
$24.72 mln
Q4 Net Income
$51.35 mln


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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.)