Wednesday, April 30, 2025

Unit Corporation Exploring New SOHOT Play; Contract Drilling and Midstream Segments Post Company Records

Unit Corporation (ticker: UNT) is a diversified energy company engaged through its subsidiaries in the exploration for and production of oil and natural gas, the acquisition of producing oil and natural gas properties, the contract drilling of onshore oil and natural gas wells, and the gathering and processing of natural gas. The company celebrated its 50th Anniversary in 2013. Recent

Cabot Oil & Gas Corp Reports Q3’12; Continues Down Sustainable Growth Path

Cabot Oil & Gas Corp (ticker: COG) is engaged in the development, exploitation and exploration of primarily natural gas and natural gas liquids  in the Marcellus Shale.  Outside the Marcellus, Cabot continues to expand its oil development efforts in the Eagle Ford and Pearsall Shales of South Texas, and the Marmaton, in the Oklahoma and Texas Panhandle. Recent Earnings Results:

Unit Corp. Ups E&P Stake with Purchase of Western Oklahoma and Texas Panhandle Properties

Unit Corp. (ticker: UNT) announced signing a Purchase and Sale Agreement to purchase 84,000 net acres and production located in the Anadarko Basin from Noble Energy, Inc. (ticker: NBL) for $617.1 million. Unit will use availability under its existing credit facilities and a new $400MM senior subordinated debt offering to complete this all-cash transaction. The western Oklahoma and Texas Panhandle