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Unit Boosts 2Q Revenues, Production

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July 31, 2012

Unit Corporation reported that total revenues for the second quarter of 2012 were $329.9 million (45% contract drilling, 40% oil and natural gas, and 15% mid-stream), compared to $291.5 million (40% contract drilling, 45% oil and natural gas, and 15% mid-stream) for the second quarter of 2011.

For the first six months of 2012, Unit reported net income of $33.1 million, or $0.69 per diluted share. For the same period in 2011, net income was $90.8 million, or $1.89 per diluted share. Excluding the effect of the second quarter 2012 ...


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