Unit (UNTC) Gross Undeveloped Acreage # : 0.00 (As of Sep. 2023)

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What is Unit Gross Undeveloped Acreage #?

Gross Undeveloped Acreage # means acres which are leased by one or more companies but which are not yet able to produce economic quantities of oil or gas.

Unit's Gross Undeveloped Acreage # for the annual that ended in Dec. 2023 was 0.00 , which is lower than 3,617.00 for the pervious year ended in Dec. 2022.

The historical rank and industry rank for Unit's Gross Undeveloped Acreage # or its related term are showing as below:

UNTC's Gross Undeveloped Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Gross Undeveloped Acreage # only.

Unit Gross Undeveloped Acreage # Historical Data

The historical data trend for Unit's Gross Undeveloped Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Unit Gross Undeveloped Acreage # Chart

Unit Annual Data

Trend

Dec21

Dec22

Dec23

Gross Undeveloped Acreage #

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Net Productive Oil Wells

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Net Developed Acreage #

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Gross Developed Acreage #

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Net Undeveloped Acreage #

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Net Productive Gas Wells

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UnitQuarterly Data

Trend

Mar22

Jun22

Sep22

Mar23

Jun23

Sep23

Gross Undeveloped Acreage #

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Competitive Comparison of Unit's Gross Undeveloped Acreage #

For the Oil & Gas Integrated subindustry, Unit's Gross Undeveloped Acreage #, along with its competitors' market caps and Gross Undeveloped Acreage # data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Unit (OTCPK:UNTC) Gross Undeveloped Acreage # Explanation

Gross Undeveloped Acreage # means acres on which wells have not yet been drilled or completed to a point that would permit the production of economic quantities of oil or gas, regardless of whether or not such acreage contains proved reserves. If a piece of land is not developed, that automatically means it is part of the gross undeveloped acreage.

Unit Gross Undeveloped Acreage # Related Terms

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Unit (UNTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Unit Corp (OTCPK:UNTC) » Definitions » Gross Undeveloped Acreage #

Comparable Companies

Traded in Other Exchanges

N/A

Address

8200 South Unit Drive, Tulsa, OK, USA, 74132

Website

https://www.unitcorp.com

Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are three segments which include Oil and Natural gas, Contract Drilling and Mid-stream. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas. Majority of revenue is generated from Oil and Natural Gas.

Executives

Micheal L Hicks	officer: President, Superior Pipeline	8200 S. UNIT DRIVE, TULSA OK 74132
Peyton G Bailey Iv	director	8200 S. UNIT DRIVE, TULSA OK 74132
George L Austin	officer: Sr. VP and CFO	C/O CYPRESS ENERGY PARTNERS, L.P., 5727 S LEWIS AVENUE, SUITE 500, TULSA OK 74105
David P Dunham	officer: Sr VP Business Development	8200 S. UNIT DRIVE, TULSA OK 74132
Frank Q Young	officer: Executive Vice President, UPC	8200 S. UNIT DRIVE, TULSA OK 74132
Carla S Mashinski	director	8200 S. UNIT DRIVE, TULSA OK 74132
Larry C Payne	director	8200 S. UNIT DRIVE, TULSA OK 74132
Don A Hayes	officer: Controller	8200 S. UNIT DRIVE, TULSA OK 74132
Steven B Hildebrand	director	8200 S. UNIT DRIVE, TULSA OK 74132
Brad Guidry	officer: Senior Vice President, UPC	8200 S. UNIT DRIVE, TULSA OK 74132
John Cromling	officer: Executive Vice President, UDC	8200 S. UNIT DRIVE, TULSA OK 74132
Robert Parks	officer: Manager, Superior Pipeline	8200 S. UNIT DRIVE, TULSA OK 74132
Sullivan Robert J Jr	director	8200 S. UNIT DRIVE, TULSA OK 74132
Gary R Christopher	director	8200 S. UNIT DRIVE, TULSA OK 74132
George Kaiser Family Foundation	10 percent owner	7030 SOUTH YALE AVENUE, SUITE 600, TULSA OK 74136