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Unit Corp (UNTC) SEC Filing 10-K Annual Report for the fiscal year ending Saturday, December 31, 2022

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    10-K Annual Report March 2021

Unit Corp

CIK: 798949 Ticker: UNTC
Document and Entity Information Document and Entity Information - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Mar. 17, 2023
Jun. 30, 2022
Document And Entity Information [Abstract]   
Document Type10-K  
Document Annual Reporttrue  
Document Period End DateDec. 31, 2022  
Current Fiscal Year End Date--12-31  
Document Transition Reportfalse  
Entity File Number1-9260  
Entity Registrant NameUNIT CORPORATION  
Entity Incorporation, State or Country CodeDE  
Entity Tax Identification Number73-1283193  
Entity Address, Address Line One8200 South Unit Drive,  
Entity Address, City or TownTulsa,  
Entity Address, State or ProvinceOK  
Entity Address, CountryUS  
Entity Address, Postal Zip Code74132  
City Area Code(918)  
Local Phone Number493-7700  
Title of 12(b) SecurityN/A  
Trading SymbolN/A  
Entity Well-known Seasoned IssuerNo  
Entity Voluntary FilersYes  
Entity Current Reporting StatusNo  
Entity Interactive Data CurrentYes  
Entity Filer CategoryNon-accelerated Filer  
Entity Small Businesstrue  
Entity Emerging Growth Companyfalse  
ICFR Auditor Attestation Flagfalse  
Entity Bankruptcy Proceedings, Reporting Currenttrue  
Entity Shell Companyfalse  
Entity Public Float  $ 328.8
Common stock outstanding (in shares) 9,634,956 
Amendment Flagfalse  
Document Fiscal Year Focus2022  
Document Fiscal Period FocusFY  
Entity Central Index Key0000798949  

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Unit Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2023 10-K Annual Report includes:

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SEC Filing Tools

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Audit Information
Document And Entity Information Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Changes In Shareholders' Equity
Consolidated Statements Of Comprehensive Income (Loss)
Consolidated Statements Of Operations
2020 Emergence From Voluntary Reorganization Under Chapter 11 - Additional Information (Details)
Accrued Liabilities
Accrued Liabilities (Accrued Liabilities) (Details)
Accrued Liabilities (Tables)
Acquisitions And Divestitures
Acquisitions And Divestitures - Narrative (Details)
Asset Retirement Obligations
Asset Retirement Obligations (Schedule Of Asset Retirement Obligations) (Details)
Asset Retirement Obligations (Tables)
Commitments And Contingencies
Commitments And Contingencies (Details)
Concentration Of Credit Risk And Major Customers
Concentration Of Credit Risk And Major Customers (Details)
Concentration Of Credit Risk And Major Customers (Tables)
Concentration Of Credit Risk And Major Customers - Narrative (Details)
Derivatives
Derivatives (Effect Of Derivative Instruments Recognized In Statement Of Operations, Not Designated As Hedging Instruments) (Details)
Derivatives (Fair Value Of Derivative Instruments And Locations In Balance Sheets) (Details)
Derivatives (Schedule Of Non-Designated Hedges Outstanding) (Details)
Derivatives (Tables)
Earnings (Loss) Per Share
Earnings (Loss) Per Share (Schedule Of Antidilutive Securities Excluded From Computation Of Earnings Per Share) (Details)
Earnings (Loss) Per Share (Schedule Of Earnings (Loss) Per Share) (Details)
Earnings (Loss) Per Share (Tables)
Employee Benefit Plans
Employee Benefit Plans (Details)
Fair Value Measurements
Fair Value Measurements (Narrative) (Details)
Fair Value Measurements (Reconciliations Of Level 3 Fair Value Measurements) (Details)
Fair Value Measurements (Recurring Fair Value Measurements) (Details)
Fair Value Measurements (Tables)
Impairments
Impairments (Details)
Income Taxes
Income Taxes (Narrative) (Details)
Income Taxes (Reconciliation Of Income Tax Expense (Benefit)) (Details)
Income Taxes (Schedule Of Deferred Tax Assets And Liabilities) (Details)
Income Taxes (Schedule Of Total Provision For Income Taxes) (Details)
Income Taxes (Tables)
Industry Segment Information
Industry Segment Information (Revenue From Different Segments) (Details)
Industry Segment Information (Tables)
Leases
Leases (Narrative) (Details)
Leases (Operating Leases) (Details)
Leases (Schedule Of Lease Assets And Liabilities) (Details)
Leases (Schedule Of Lease Costs) (Details)
Leases (Schedule Of Weighted Average Discount Rate For Leases) (Details)
Leases (Supplemental Cash Flow Information Related To Leases) (Details)
Leases (Tables)
Long-Term Debt And Other Long-Term Liabilities
Long-Term Debt And Other Long-Term Liabilities (Long-Term Debt) (Details)
Long-Term Debt And Other Long-Term Liabilities (Narrative) (Details)
Long-Term Debt And Other Long-Term Liabilities (Other Long-Term Liabilities) (Details)
Long-Term Debt And Other Long-Term Liabilities (Tables)
Organization And Business
Organization And Business (Details)
Revenue From Contracts With Customers
Revenue From Contracts With Customers (Contract With Customer, Asset And Liability) (Details)
Revenue From Contracts With Customers (Narrative) (Details)
Revenue From Contracts With Customers (Tables)
Schedule Ii - Valuation And Qualifying Accounts And Reserves
Schedule Ii - Valuation And Qualifying Accounts And Reserves (Details)
Schedule Ii - Valuation And Qualifying Accounts And Reserves (Tables)
Shareholders' Equity And Dividends
Shareholders' Equity And Dividends (Tables)
Shareholders' Equity And Dividends - Narative (Details)
Shareholders' Equity And Dividends - Repurchases (Details)
Stock-Based Compensation
Stock-Based Compensation (Activity Pertaining To Nonemployee Director Stock Award Plan) (Details)
Stock-Based Compensation (Activity Pertaining To Restricted Stock Awards) (Details)
Stock-Based Compensation (Narrative) (Details)
Stock-Based Compensation (Predecessor Activity For Non-Employee Directors' Stock Option Plan) (Details)
Stock-Based Compensation (Schedule Of Restricted Stock Awards) (Details)
Stock-Based Compensation (Tables)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Policy)
Summary Of Significant Accounting Policies - Additional Information (Details)
Superior Investment
Superior Investment (Schedule Of Assets And Liabilities) (Details)
Superior Investment (Tables)
Superior Investment - Distributions Paid (Details)
Superior Investment - Narrative (Details)
Supplemental Oil And Gas Disclosures
Supplemental Oil And Gas Disclosures (Narrative) (Details)
Supplemental Oil And Gas Disclosures (Results Of Operations For Producing Activities) (Details)
Supplemental Oil And Gas Disclosures (Schedule Of Capitalized Costs And Costs Incurred On Oil And Gas Properties) (Details)
Supplemental Oil And Gas Disclosures (Schedule Of Principal Sources Of Changes In Standardized Measure Of Discounted Future Net Cash Flows) (Details)
Supplemental Oil And Gas Disclosures (Schedule Of Proved Developed And Undeveloped Oil And Gas Reserve Quantities) (Details)
Supplemental Oil And Gas Disclosures (Standardized Measure Of Discounted Future Cash Flows Relating To Proved Reserves Disclosure) (Details)
Supplemental Oil And Gas Disclosures (Tables)
Transactions With Related Parties
Transactions With Related Parties (Narrative) (Details)
Workers' Compensation
Workers' Compensation (Tables)
Workers' Compensation - Additional Information (Details)
Workers' Compensation - Workers' Liability (Details)
Ticker: UNTC
CIK: 798949
Form Type: 10-K Annual Report
Accession Number: 0000798949-23-000015
Submitted to the SEC: Fri Mar 17 2023 3:57:47 PM EST
Accepted by the SEC: Fri Mar 17 2023
Period: Saturday, December 31, 2022
Industry: Crude Petroleum And Natural Gas

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