Unit Corporation Q4 net income jumps on asset sale
Overview
U.S. oil and gas producer's Q4 revenue was flat yr/yr, net income jumped on asset sale
Company sold contract drilling unit, results from that unit shown as discontinued operations
Unit declared Q1 2026 quarterly dividend and repurchased shares in 2025
Result Drivers
OIL AND NGL PRICES - Lower average realized prices for oil and NGLs weighed on segment revenue
NATURAL GAS PRICES - Higher average realized natural gas prices supported segment revenue
OIL PRODUCTION - Increased oil production partially offset lower prices
Company press release: ID:nBw3yzLwXa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue |
| $24.72 mln |
|
Q4 Net Income |
| $51.35 mln |
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