Unit Corp
OTC:UNTC
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Gross Margin
Unit Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | US |
| Market Cap | 287.1m USD |
| Gross Margin |
45%
|
| Country | SA |
| Market Cap | 6.7T SAR |
| Gross Margin |
57%
|
| Country | US |
| Market Cap | 524.4B USD |
| Gross Margin |
30%
|
| Country | US |
| Market Cap | 290.1B USD |
| Gross Margin |
39%
|
| Country | UK |
| Market Cap | 162B GBP |
| Gross Margin |
25%
|
| Country | NL |
| Market Cap | 199.8B USD |
| Gross Margin |
25%
|
| Country | CN |
| Market Cap | 1.3T CNY |
| Gross Margin |
14%
|
| Country | FR |
| Market Cap | 132.8B EUR |
| Gross Margin |
35%
|
| Country | CN |
| Market Cap | 769.4B CNY |
| Gross Margin |
7%
|
| Country | BR |
| Market Cap | 480.4B BRL |
| Gross Margin |
47%
|
| Country | UK |
| Market Cap | 63.6B GBP |
| Gross Margin |
28%
|
Unit Corp
Glance View
Unit Corp. engages in oil and gas exploration, production, contract drilling, and natural gas gathering and processing. The company is headquartered in Tulsa, Oklahoma and currently employs 653 full-time employees. The firm is primarily engaged in the development, acquisition, and production of oil and natural gas properties, the land contract drilling of natural gas and oil wells, and the buying, selling, gathering, processing, and treating of natural gas. The firm operates through three segments: Oil and Natural Gas, Contract Drilling, and Mid-Stream. The Oil and Natural Gas segment explores, develops, acquires, and produces oil and natural gas properties for its own account. The Contract Drilling segment contracts to drill onshore oil and natural gas wells for others and for its own account. The Mid-Stream segment buys, sells, gathers, processes, and treats natural gas for third parties and for its own account. The Company’s producing oil and natural gas properties, unproved properties, and related assets are primarily located in Oklahoma and Texas, in addition to Arkansas, Kansas, and North Dakota to a lesser extent.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Unit Corp's most recent financial statements, the company has Gross Margin of 45.2%.
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