Unit Corporation Declares Quarterly and Special Cash Dividends
Unit (UNTC) has announced two dividend payments for shareholders: a quarterly cash dividend of $1.25 per share and a special cash dividend of $2.00 per share. Both dividends will be paid on December 27, 2024, to shareholders of record as of December 17, 2024.
The company has expressed its intention to continue the quarterly $1.25 per share dividend throughout 2025. CEO Phil Frohlich attributes this dividend program to the company's strong operations and capital discipline. Future dividend payments will remain subject to board approval and various business factors.
Unit (UNTC) ha annunciato due pagamenti di dividendi per gli azionisti: un dividendo in contante trimestrale di $1.25 per azione e un dividendo straordinario in contante di $2.00 per azione. Entrambi i dividendi saranno pagati il 27 dicembre 2024, agli azionisti registrati al 17 dicembre 2024.
L'azienda ha espresso la sua intenzione di continuare il dividendo trimestrale di $1.25 per azione per tutto il 2025. Il CEO Phil Frohlich attribuisce questo programma di dividendi alle forti operazioni dell'azienda e alla disciplina di capitale. I futuri pagamenti di dividendi rimarranno soggetti all'approvazione del consiglio e a vari fattori aziendali.
Unit (UNTC) ha anunciado dos pagos de dividendos para los accionistas: un dividendo en efectivo trimestral de $1.25 por acción y un dividendo en efectivo especial de $2.00 por acción. Ambos dividendos se pagarán el 27 de diciembre de 2024, a los accionistas registrados hasta el 17 de diciembre de 2024.
La empresa ha expresado su intención de continuar con el dividendo trimestral de $1.25 por acción durante 2025. El CEO Phil Frohlich atribuye este programa de dividendos a las sólidas operaciones de la empresa y a la disciplina de capital. Los futuros pagos de dividendos seguirán sujetos a la aprobación de la junta y a diversos factores comerciales.
Unit (UNTC)는 주주를 위해 두 번의 배당금을 발표했습니다: 주당 $1.25의 분기 현금 배당금과 주당 $2.00의 특별 현금 배당금입니다. 두 배당금 모두 2024년 12월 27일에 지급되며, 2024년 12월 17일 기준으로 주주에 등록된 사람에게 지급됩니다.
회사는 2025년 동안 분기별로 주당 $1.25의 배당금을 계속할 의사를 밝혔습니다. CEO 필 프로흘리히는 이 배당 프로그램을 회사의 강력한 운영과 자본 규율 덕분이라고 설명했습니다. 향후 배당금 지급은 이사회 승인 및 다양한 사업적 요인에 따라 달라질 것입니다.
Unit (UNTC) a annoncé deux paiements de dividende pour les actionnaires : un dividende en espèces trimestriel de 1,25 $ par action et un dividende spécial en espèces de 2,00 $ par action. Les deux dividendes seront versés le 27 décembre 2024, aux actionnaires enregistrés au 17 décembre 2024.
La société a exprimé son intention de continuer le dividende trimestriel de 1,25 $ par action tout au long de 2025. Le PDG Phil Frohlich attribue ce programme de dividendes aux solides opérations de l'entreprise et à la discipline en matière de capital. Les paiements de dividendes futurs resteront soumis à l'approbation du conseil d'administration et à divers facteurs commerciaux.
Unit (UNTC) hat zwei Dividendenzahlungen für die Aktionäre bekannt gegeben: eine vierteljährliche Bardividende von $1,25 pro Aktie und eine sonstige Bardividende von $2,00 pro Aktie. Beide Dividenden werden am 27. Dezember 2024 an die Aktionäre gezahlt, die am 17. Dezember 2024 im Aktienregister stehen.
Das Unternehmen hat seine Absicht bekundet, die vierteljährliche Dividende von $1,25 pro Aktie während des gesamten Jahres 2025 fortzusetzen. CEO Phil Frohlich führt dieses Dividendenprogramm auf die starken betrieblichen Ergebnisse und die Kapitaldisziplin des Unternehmens zurück. Künftige Dividendenzahlungen unterliegen weiterhin der Genehmigung des Vorstands und verschiedenen geschäftlichen Faktoren.
- Declared quarterly dividend of $1.25 per share
- Additional special dividend of $2.00 per share
- Commitment to maintain quarterly $1.25 dividend through 2025
- Strong operational performance indicated by dividend sustainability
- None.
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a quarterly cash dividend of
$1.25 -
a special cash dividend of
$2.00
The Company also announced today that it intends to continue to pay a quarterly cash dividend of
Phil Frohlich, the Company’s Chief Executive Officer, commented, “Our ability to sustain our dividend program and pay another special dividend reflects the strength of our operations, capital discipline, and our commitment to delivering long-term value for our shareholders.”
The declaration and payment of any future dividend, whether fixed, special, or variable, will remain at the full discretion of the Company’s Board of Directors and will depend upon the Company’s financial position, results of operations, cash flows, capital requirements, business conditions, future expectations, the requirements of applicable law, and other factors that the Company’s Board of Directors finds relevant at the time of considering any potential dividend declaration.
About Unit Corporation
Unit Corporation is a
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act. All statements, other than statements of historical facts, included in this release that address activities, events, or developments that the Company expects, believes, or anticipates will or may occur are forward-looking statements. Several risks and uncertainties could cause actual results to differ materially from these statements, including those discussed above and changes in commodity prices, the productive capabilities of the Company’s wells, future demand for oil and natural gas, future drilling rig utilization and dayrates, projected rate of the Company’s oil and natural gas production, the amount available to the Company for borrowings, its anticipated borrowing needs under its credit agreement, the number of wells to be drilled by the Company’s oil and natural gas segment, the potential productive capability of its prospective plays, and other factors described occasionally in the Company’s public filings. The Company assumes no obligation to update publicly such forward-looking statements, whether because of new information, future events, or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241206892780/en/
Rene Punch
Investor Relations
(918) 493-7700
www.unitcorp.com
Source: Unit Corporation
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