Unit Corporation Overview
Pro stress-test →Unit Corporation is a Tulsa-based, publicly held energy company engaged through its subsidiary, Unit Petroleum Company, in oil and gas production. The company operates through Oil and Natural Gas and Contract Drilling segments, with the Contract Drilling segment involved in drilling onshore oil and natural gas wells primarily in Oklahoma and Texas.
Strategic Profile
Pro stress-test →Operations are principally located in the Mid-Continent region, including the Anadarko Basin. The company underwent a significant transition in 2025, selling its drilling division to refocus on upstream oil and gas production. In 2025, revenue was $102.28 million with earnings of $98.29 million, an increase of 108% compared to prior year.
Competitive Landscape
Pro stress-test →Unit Corporation competes in the fragmented onshore oil and gas production market against larger integrated producers (ExxonMobil, Chevron) and mid-sized independents (EOG Resources, Pioneer Natural Resources). As a micro-cap producer focused on the Mid-Continent and Anadarko Basin, it occupies a distinct niche but faces commodity price exposure and capital constraints relative to larger peers.
Industry Context
Unit Corporation operates in Onshore Oil and Gas Exploration & Production.
Key facts
Founded: 1963 · Headquarters: Tulsa, Oklahoma · Employees: 516 · Revenue: $102.28M · Market cap: $285M