Unit (UNTC) Net Developed Acreage # : 0.00 (As of Mar. 2024)

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What is Unit Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

Unit's Net Developed Acreage # for the annual that ended in Dec. 2023 was 0.00

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

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

Unit Net Developed Acreage # Historical Data

The historical data trend for Unit's Net Developed 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 Net Developed Acreage # Chart

Unit Annual Data

Trend

Dec21

Dec22

Dec23

Net Developed Acreage #

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Net Productive Oil Wells

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Gross Developed Acreage #

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Net Undeveloped Acreage #

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Gross Undeveloped Acreage #

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Net Productive Gas Wells

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UnitQuarterly Data

Trend

Mar22

Jun22

Sep22

Mar23

Jun23

Sep23

Mar24

Net Developed Acreage #

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Competitive Comparison of Unit's Net Developed Acreage #

For the Oil & Gas Integrated subindustry, Unit's Net Developed Acreage #, along with its competitors' market caps and Net Developed 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) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

Unit Net Developed Acreage # Related Terms

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Unit (UNTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Unit Corp (OTCPK:UNTC) » Definitions » Net Developed 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