Unit Corp (UNTC) 10-K Annual Report March 2023

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 Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	1-9260
Entity Registrant Name	UNIT CORPORATION
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	73-1283193
Entity Address, Address Line One	8200 South Unit Drive,
Entity Address, City or Town	Tulsa,
Entity Address, State or Province	OK
Entity Address, Country	US
Entity Address, Postal Zip Code	74132
City Area Code	(918)
Local Phone Number	493-7700
Title of 12(b) Security	N/A
Trading Symbol	N/A
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	Yes
Entity Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Entity Bankruptcy Proceedings, Reporting Current	true
Entity Shell Company	false
Entity Public Float			$ 328.8
Common stock outstanding (in shares)		9,634,956
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Central Index Key	0000798949

ChatGPT says Unit Corporation Optimizes Production, Acquires Volumes, and Utilizes Deferred Tax Assets.

Based on the context provided, there are no clear red flags that stand out. However, some potential areas of concern could include the decrease in net cash provided by investing activities and the decrease in net cash provided by operating activities. Additionally, the mention of potential legal or regulatory issues should be carefully examined. It is also worth noting the changes in the company's debt structure and terms of debt, as well as any unusual language or terms used in the filing.

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Assess how Unit Corp's management team is paid from their Annual Proxy

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

Voting Procedures
Board Members
Executive Team
Salaries, Bonuses, Perks
Peers / Competitors

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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Material Contracts, Statements, Certifications & more

Unit Corp provided additional information to their SEC Filing as exhibits

Exhibit 21: Subsidaries Of The Registrant

Exhibit 23.1: Consents Of Experts And Counsel

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32: Section 1350 Certification

Exhibit 99.1: Additional Exhibits

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