Unit Corporation (OTCMKTS:UNTCQ) is a diversified energy company headquartered in Tulsa, Oklahoma, with operations spanning contract drilling, midstream services and oil and natural gas exploration and production. Founded in 1963, Unit Corporation has grown from a single drilling rig operator into an integrated energy provider, offering a full suite of services designed to meet the evolving needs of oil and gas producers across the United States.
In its contract drilling segment, Unit Corporation owns and operates a fleet of high-efficiency land rigs capable of drilling in a variety of formations. These rigs are equipped with modern automation and safety technology, enabling the company to deliver cost-effective drilling solutions in onshore basins. Unit’s drilling operations are supported by in-house logistical, maintenance and personnel services, which help ensure timely project execution and adherence to environmental and regulatory requirements.
The company’s midstream services arm includes gathering pipelines, compression and treatment facilities, as well as emulsion separation and sales meter installations. By providing infrastructure for the transportation and processing of oil and natural gas, Unit helps producers optimize wellhead returns and reduce downtime caused by bottlenecks. This integrated approach allows Unit to capture value across the energy supply chain, from field production to first-mile delivery.
Unit Corporation also maintains a portfolio of exploration and production assets focused on unconventional plays in the Mid-Continent region, including Oklahoma, Kansas and the Texas Panhandle. Over the decades, the company has grown through strategic acquisitions and organic development, enhancing its resource base and technical capabilities. Led by President and CEO Dennis Hamilton, Unit continues to emphasize operational efficiency, safety and disciplined capital allocation as it navigates the cyclical nature of the energy sector.
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