10 Jan 2017substantial holder notice● Neutral
The Vanguard Group reported a UNIT CORP shareholding of 5,192,011 shares (10.08% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 Nov 2016quarterly activities report● Neutral
UNIT CORP filed an 8-K saying it issued a press release on November 3, 2016 announcing financial results for the three and nine months ended September 30, 2016. The filing itself gave no figures.
3 Nov 2016quarterly activities report● Neutral
UNIT CORP reported third-quarter 2016 revenue of $153.4 million and a net loss of $24.0 million for the three months ended September 30, 2016.
9 Aug 2016quarterly activities report▼ Bad
UNIT CORP reported second-quarter 2016 revenue of $138.3 million and a net loss of $72.1 million for the three months ended June 30, 2016.
4 Aug 2016quarterly activities report▼ Bad
Unit Corp announced via 8-K that on August 4, 2016 it issued a press release on its results for the three and six months ended June 30, 2016.
8 July 2016substantial holder notice● Neutral
BlackRock, Inc reported a UNIT CORP shareholding of 5,195,846 shares (10.10% of votes) in a periodic institutional filing.
9 May 2016director interest notice● Neutral
UNIT CORP director William B Morgan received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director Carla S Mashinski received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director Payne Larry C received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director Gary R Christopher received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director Steven B Hildebrand received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director John G Nikkel received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director Sullivan Robert J Jr. received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director Peyton G Bailey IV received 10,000 shares as part of the equity award.
9 May 2016director interest notice● Neutral
UNIT CORP director J Michael Adcock received 10,000 shares as part of the equity award.
5 May 2016quarterly activities report▼ Bad
Unit Corp reported first-quarter 2016 revenue of $136.2 million and a net loss of $41.1 million ($0.83 per share) for the quarter ended March 31, 2016, down from $255.1 million and a $248.4 million loss a year earlier.
5 May 2016quarterly activities report▼ Bad
Unit Corp announced via 8-K that it issued a press release on May 5, 2016 with financial results for the three months ended March 31, 2016.
4 May 2016agm notice● Neutral
UNIT CORP shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
13 Apr 2016material agreement● Neutral
Unit amended its April 8, 2016 filing to fix typos: the credit commitment being cut to $475 million was reduced from $500 million, not $550 million, and the Floating Rate margin schedule in the credit amendment was corrected to 1.00%-2.00%. Nothing else changed.
8 Apr 2016material agreement▼ BadMajor
On April 8, 2016 Unit signed a Third Amendment to its senior credit agreement: the borrowing base falls from $550 million to $475 million and the maximum credit amount from $900 million to $875 million. It adds a cap on senior debt to EBITDA of 2.75x through March 2019 (then funded debt to EBITDA of 4.0x), and pledges 85% of the value of its proved developed producing oil and gas properties and 100% of its ownership in Superior Pipeline as collateral. The filing's total commitment figure was a typo, corrected in the next filing.
24 Mar 2016agm notice● Neutral
Unit Corp sent shareholders notice of its May 4, 2016 annual meeting, where they would vote on electing three directors, an advisory vote on executive pay and ratifying PricewaterhouseCoopers as auditor.
16 Mar 2016securities registration● Neutral
UNIT CORP amended an already-effective registration statement.
11 Mar 2016director interest notice● Neutral
UNIT CORP SR. V-P, General Counsel Mark E Schell had 6,161 shares withheld for taxes on vesting stock.
11 Mar 2016director interest notice● Neutral
UNIT CORP President and CEO Larry D Pinkston had 20,028 shares withheld for taxes on vesting stock.
11 Mar 2016director interest notice● Neutral
UNIT CORP Vice President, Controller Hayes Don A had 2,661 shares withheld for taxes on vesting stock.
11 Mar 2016director interest notice● Neutral
UNIT CORP Sr. V-P, CFO, Treasurer David T Merrill had 8,841 shares withheld for taxes on vesting stock.
11 Mar 2016director interest notice● Neutral
UNIT CORP President, Superior Pipeline Parks Robert had 4,519 shares withheld for taxes on vesting stock.
11 Mar 2016director interest notice● Neutral
UNIT CORP Executive Vice President, UPC Guidry Brad had 6,160 shares withheld for taxes on vesting stock.
11 Mar 2016director interest notice● Neutral
UNIT CORP Executive Vice President, UDC Cromling John had 6,160 shares withheld for taxes on vesting stock.
2 Mar 2016director interest notice● Neutral
UNIT CORP director John G Nikkel bought 2,000 shares on the open market at $5.72.