Unit corporation (UNT)
Income statement / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenues:
Revenues

674,634

725,064

789,683

827,840

843,281

833,340

801,770

769,048

739,640

709,073

673,993

641,717

602,177

600,189

659,174

735,316

854,231

1,060,490

1,249,071

1,440,055

1,572,944

1,553,514

1,486,316

1,421,306

1,351,850

1,324,311

1,312,325

1,299,689

1,315,123

1,328,299

1,330,354

1,294,064

1,207,503

1,104,147

998,418

911,526

870,671

796,699

742,657

0

0

0

Expenses
Operating costs:
Depreciation, depletion, and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

263,844

250,105

234,195

226,498

221,120

209,315

211,133

211,347

205,176

207,882

195,279

183,350

169,060

151,956

133,725

118,793

107,391

103,449

0

0

0

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

79,818

74,660

72,329

71,194

0

0

0

-

84,994

85,718

83,698

79,667

78,603

76,254

73,481

69,970

59,623

51,415

0

0

0

Impairment of contract drilling equipment (Note 3)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating costs

384,728

404,507

419,159

425,133

430,896

430,477

429,946

421,970

408,872

386,530

360,645

349,572

345,947

0

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

303,793

303,809

293,228

269,899

244,052

216,454

198,757

186,813

162,303

146,676

0

0

0

Depreciation, depletion, and amortization

275,573

263,261

256,584

248,665

243,605

236,688

227,684

219,391

209,257

201,461

196,897

199,695

208,353

478,661

439,668

397,638

352,742

405,434

404,730

403,991

402,888

39,020

37,521

35,626

33,191

88,820

85,931

83,029

81,007

20,804

18,937

17,462

16,101

15,266

15,072

15,217

15,385

15,741

16,028

0

0

0

Impairments (Note 3)

-

0

-

-

-

0

-

-

-

-

-

-

161,563

655,138

935,619

1,271,864

1,634,628

1,299,122

969,198

558,662

158,069

0

0

0

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

0

0

General and administrative

38,246

39,854

39,038

37,686

38,707

39,937

39,894

39,895

38,087

34,428

34,045

33,680

33,337

33,532

32,323

33,599

34,358

37,255

39,784

40,760

41,027

40,444

40,208

39,287

38,323

37,560

36,058

34,755

33,086

31,681

31,047

30,167

30,055

28,968

27,805

26,765

26,152

24,878

23,734

0

0

0

(Gain) loss on disposition of assets

-3,502

-1,295

-811

-1,072

704

-251

-423

-336

327

2,870

2,943

3,172

2,540

-136

-7,520

-7,582

-7,229

-6,409

292

72

8,953

18,424

23,298

26,586

17,076

7,788

4,094

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Total operating expenses

1,327,765

1,091,681

863,476

860,440

860,388

707,353

697,947

681,592

655,889

619,549

638,087

703,509

746,660

1,277,948

1,630,624

2,053,940

2,512,967

2,318,472

2,084,489

1,743,030

1,362,711

1,149,743

1,102,336

1,056,267

1,026,817

1,182,814

1,156,788

1,258,757

1,260,209

1,094,613

1,097,436

949,891

885,797

810,127

735,306

677,586

644,624

579,080

529,120

0

0

0

Income (loss) from operations

-653,131

-366,617

-73,793

-32,600

-17,107

125,987

103,823

87,456

83,751

89,524

35,906

-61,792

-144,483

-677,759

-971,450

-1,318,624

-1,658,736

-1,257,982

-835,418

-302,975

210,233

403,771

383,980

365,039

325,033

141,497

155,537

40,932

54,914

0

0

0

-

-

-

-

-

-

-

-

-

-

Interest, net

-37,012

-34,883

-33,294

-32,028

-33,494

-35,205

-37,204

-38,942

-38,334

-38,411

-38,469

-39,608

-39,829

-38,706

-36,990

-34,340

-31,963

-28,652

-24,646

-20,821

-17,371

-15,439

-14,784

-15,244

-15,015

-14,459

-17,921

-15,872

-14,137

-13,544

-7,808

-5,939

-4,167

-2,078

-727

-54

0

-1

-62

0

0

0

Gain (loss) on derivatives

4,225

27,656

19,034

-3,354

-3,184

-31,895

-30,124

-6,761

14,732

2,980

12,563

-19,011

-22,813

8,654

9,935

30,688

26,345

52,298

63,889

55,099

30,147

-14,268

-47,869

-20,816

-8,374

38

9,783

-5,174

-1,243

0

0

0

-

-

-

-

-

-

-

-

-

-

Other

-236

-606

22

21

22

24

23

24

21

332

330

325

307

650

663

686

45

21,467

21,383

21,310

-70

-7,040

-24,371

-12,660

-175

-15,189

-8,951

-21,699

-15,512

-17,749

-7,255

-5,887

-2,704

917

705

5,485

11,174

12,198

14,434

0

0

0

Total other income (expense)

-33,023

-7,833

-14,238

-35,361

-36,656

-67,076

-67,305

-45,679

-23,581

-35,099

-25,576

-58,294

-62,335

-30,714

-27,704

-4,278

-5,573

2,113

17,626

12,588

12,706

-22,669

-38,176

-23,378

-23,564

-768

-813

-653

-132

0

0

0

-

-

-

-

-

-

-

-

-

-

Income (loss) before income taxes

-686,154

-374,450

-88,031

-67,961

-53,763

58,911

36,518

41,777

60,170

54,425

10,330

-120,086

-206,818

-707,815

-998,496

-1,322,244

-1,664,309

-1,234,371

-796,294

-268,889

222,939

374,063

321,380

328,990

301,469

126,308

146,586

19,233

39,402

215,371

225,764

338,105

319,002

305,194

274,286

245,114

237,221

217,619

213,537

0

0

0

Income tax expense (benefit):
Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20,616

-16,059

-8,024

-352

9,378

32,967

29,627

23,269

15,991

6,991

7,396

3,213

696

1,983

-4,482

-2,416

-2,416

-11,396

-16,000

-12,175

-9,935

6,083

15,883

0

0

0

Deferred

-131,045

-76,326

-18,819

-14,916

-10,865

-67,387

-72,362

-68,012

-57,683

24,034

7,666

-41,555

-71,209

-242,271

-349,109

-471,407

-606,332

-447,737

-290,498

-99,514

77,285

110,968

94,915

104,236

100,732

42,419

49,938

5,077

15,530

82,004

92,088

133,242

125,551

128,719

121,284

105,931

100,672

77,268

65,846

0

0

0

Total income taxes

-132,326

-79,457

-21,950

-18,047

-13,996

-67,382

-72,357

-68,007

-57,678

24,049

7,681

-41,540

-71,194

-261,171

-370,593

-492,088

-626,948

-463,796

-298,522

-99,866

86,663

143,935

124,542

127,505

116,723

49,410

57,334

8,290

16,226

83,987

87,606

130,826

123,135

117,323

105,284

93,756

90,737

83,351

81,729

0

0

0

Net income (loss)

-553,828

-294,993

-66,081

-49,914

-39,767

40,843

28,779

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to non-controlling interest

51

1,746

4,873

6,743

5,521

4,586

2,362

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to Unit Corporation

-553,879

-296,739

-70,954

-56,657

-45,288

121,707

106,513

109,784

117,848

30,376

2,649

-78,546

-135,624

-446,644

-627,903

-830,156

-1,037,361

-770,575

-497,772

-169,023

136,276

230,128

196,838

201,485

184,746

76,898

89,252

10,943

23,176

131,384

138,158

207,279

195,867

187,871

169,002

151,358

146,484

134,268

131,808

0

0

0

Net income (loss) attributable to Unit Corporation per common share (Note 6):
Basic

-6.34

-3.91

-0.16

-0.07

-1.49

0.36

0.11

0.15

1.74

0.07

0.18

0.32

0.04

-0.48

-1.44

-0.83

-6.29

-4.18

-5.58

-5.07

-0.88

1.39

1.12

1.17

1.06

0.71

1.22

0.84

-1.19

0.97

-0.40

1.10

1.08

1.12

1.05

0.86

0.92

0.73

0.68

0.77

0.67

0.68

Diluted

-6.34

-3.91

-0.16

-0.07

-1.49

0.36

0.11

0.15

1.73

0.07

0.17

0.31

0.04

-0.48

-1.44

-0.83

-6.29

-4.18

-5.58

-5.07

-0.87

1.37

1.11

1.17

1.05

0.70

1.22

0.83

-1.18

0.97

-0.40

1.09

1.07

1.11

1.04

0.86

0.92

0.73

0.68

0.76

0.66

0.68

Oil and Natural Gas
Revenues

325,797

347,974

381,552

406,055

423,059

418,543

392,390

373,245

357,744

344,144

337,528

323,545

294,221

282,148

299,913

337,979

385,774

474,847

566,699

657,941

740,079

749,166

718,015

684,316

649,718

641,306

619,421

585,788

567,944

540,587

540,049

540,545

514,614

489,413

451,078

410,552

399,771

375,645

368,684

0

0

0

Operating costs

135,124

135,476

132,251

128,427

131,675

135,435

137,207

137,547

130,789

123,366

115,469

116,042

120,184

128,866

141,540

154,181

166,046

183,808

193,961

192,712

187,916

179,809

181,107

181,378

184,001

183,348

169,356

157,641

150,212

142,510

135,961

136,099

131,271

123,218

120,712

111,112

105,365

96,724

86,881

0

0

0

Contract drilling
Revenues

168,383

184,753

197,769

201,658

196,492

190,188

191,195

183,524

174,720

161,359

135,559

120,561

122,086

139,340

178,543

209,301

265,668

350,101

405,731

464,994

476,517

443,128

423,123

413,850

414,778

421,701

454,474

496,341

529,719

563,751

559,258

527,569

484,651

440,563

396,640

353,518

316,384

267,720

232,599

0

0

0

Operating costs

115,998

125,297

128,533

131,119

131,385

126,980

129,695

125,040

122,600

112,878

97,268

89,283

88,154

99,180

115,529

132,760

156,408

201,625

232,866

262,875

274,933

256,013

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gas gathering and processing
Revenues

180,454

192,337

210,362

220,127

223,730

224,609

218,185

212,279

207,176

203,570

200,906

197,611

185,870

178,701

180,718

188,036

202,789

235,542

276,641

317,120

356,348

361,220

345,178

323,140

287,354

261,304

238,430

217,560

217,460

223,395

231,148

225,769

208,238

184,428

161,169

153,145

154,516

141,136

126,940

0

0

0

Operating costs

133,606

143,734

158,375

165,587

167,836

168,062

163,044

159,383

155,483

150,286

147,908

144,247

137,609

135,660

140,236

148,447

161,556

193,746

231,990

270,046

306,831

309,507

294,047

274,956

243,406

223,114

206,283

189,089

187,292

191,959

198,991

193,417

174,859

148,882

126,326

118,475

122,146

112,419

100,875

0

0

0