16 Feb 2012director interest notice● Neutral
UNIT CORP Executive Vice President, UDC Cromling John received 15,480 shares as part of the equity award.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 Feb 2012director interest notice● Neutral
UNIT CORP President and CEO Larry D Pinkston received 32,435 shares as part of the equity award.
16 Feb 2012director interest notice● Neutral
UNIT CORP Executive Vice President, UPC Guidry Brad received 17,691 shares as part of the equity award.
16 Feb 2012director interest notice● Neutral
UNIT CORP SR. V-P, General Counsel Mark E Schell received 16,218 shares as part of the equity award.
16 Feb 2012director interest notice● Neutral
UNIT CORP Chief Financial Officer David T Merrill received 15,480 shares as part of the equity award.
14 Feb 2012substantial holder notice● Neutral
George Kaiser Family Foundation and its trustees Frederic Dorwart, Phil Frohlich and Phil Lakin, Jr. filed an amended Schedule 13G reporting 4,770,271 UNIT CORP shares (9.91%), held directly by the foundation. The trustees disclaimed beneficial ownership.
9 Feb 2012substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial UNIT CORP shareholding (5.13% of votes).
23 Jan 2012substantial holder notice● Neutral
Royce & Associates, LLC reported a UNIT CORP shareholding of 7,222,650 shares (15.00% of votes) in a periodic institutional filing.
28 Dec 2011director interest notice● Neutral
UNIT CORP President and CEO Larry D Pinkston gifted 600 shares.
6 Dec 2011director interest notice● Neutral
UNIT CORP 10%+ owner George Kaiser Family Foundation sold 30,000 shares at $51.41.
5 Dec 2011director interest notice● Neutral
UNIT CORP 10%+ owner George Kaiser Family Foundation sold 35,850 shares.
1 Dec 2011director interest notice● Neutral
UNIT CORP 10%+ owner George Kaiser Family Foundation sold 66,370 shares at $50.54.
22 Nov 2011material agreement● Neutral
On November 21, 2011, Unit's Superior Pipeline subsidiary signed a five-year gas purchase agreement with Sullivan and Company, a firm for which Unit director Robert Sullivan, Jr. is a manager. Sullivan sells gas from 23 northern Oklahoma wells to Superior, with proceeds split 90% to Sullivan and 10% to Superior; the filing says terms are arm's length and at market rates, and the contract was signed after audit committee and legal review, with a term start of September 1, 2011.
18 Nov 2011director interest notice● Neutral
UNIT CORP 10%+ owner George Kaiser Family Foundation sold 166,279 shares at $52.37.
15 Nov 2011director interest notice● Neutral
UNIT CORP 10%+ owner George Kaiser Family Foundation sold 204,089 shares.
9 Nov 2011director interest notice● Neutral
UNIT CORP 10%+ owner George Kaiser Family Foundation sold 42,334 shares.
3 Nov 2011quarterly activities report● Neutral
Unit's 10-Q for the quarter ended September 30, 2011 showed revenues of $323.8 million and net income of $53.4 million, up from $218.1 million and $34.5 million a year earlier.
2 Nov 2011quarterly activities report● Neutral
Unit reported third-quarter 2011 net income of $53.4 million ($1.11 per diluted share) on revenues of $323.8 million, up from $34.5 million and $218.1 million a year earlier.
31 Oct 2011director interest notice● Neutral
UNIT CORP 10%+ owner George Kaiser Family Foundation sold 250,000 shares.
26 Sept 2011director interest notice● Neutral
UNIT CORP director Peyton G Bailey IV bought 2,000 shares on the open market at $37.75.
15 Sept 2011material agreement● NeutralMajor
On September 13, 2011, Unit signed a new five-year Senior Credit Agreement with BOKF (formerly Bank of Oklahoma), Compass Bank, Bank of America and Bank of Montreal, replacing the May 2007 credit agreement. It sets an initial Total Commitment of $250 million, a Maximum Credit Amount of $750 million and an initial Borrowing Base of $537.5 million, and its proceeds will refinance existing debt and fund working capital.
22 Aug 2011director interest notice● Neutral
UNIT CORP Controller Hayes Don A had 353 shares withheld for taxes on vesting stock.
19 Aug 2011director interest notice● Neutral
UNIT CORP director Steven B Hildebrand bought 1,000 shares on the open market at $47.00.
8 Aug 2011director interest notice● Neutral
UNIT CORP director Gary R Christopher bought 6,000 shares on the open market at $47.39.
4 Aug 2011quarterly activities report● Neutral
Unit reported second-quarter 2011 revenue of $291.5 million and net income of $49.8 million, up from $204.6 million and $32.2 million a year earlier.
4 Aug 2011director interest notice● Neutral
UNIT CORP 10%+ owner George Kaiser Family Foundation sold 63,623 shares at $62.05.
2 Aug 2011quarterly activities report● Neutral
Unit Corp reported second-quarter 2011 net income of $49.8 million ($1.04 per diluted share) on revenue of $291.5 million, up from $32.2 million and $204.6 million a year earlier.
25 July 2011director interest notice● Neutral
UNIT CORP 10%+ owner George Kaiser Family Foundation sold 260,600 shares.
11 July 2011director interest notice● Neutral
UNIT CORP 10%+ owner George Kaiser Family Foundation sold 27,000 shares at $62.26.
8 July 2011director interest notice● Neutral
UNIT CORP director John G Nikkel gifted 10,000 shares.