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Stock impact report

Unit Corporation Reports Third Quarter Results [Yahoo! Finance]

OTC MARKETS GROUP INC A (OTCM) 
NASDAQ:AMEX Investor Relations: otcmarkets.com/investor-relations/overview
Company Research Source: Yahoo! Finance
unaudited condensed consolidated financial statements for the three and nine months ended September 30, 2025 with OTC Markets Group Inc. (OTC). The Company's current, quarterly and annual reports may be accessed on the OTC's website at https://www.otcmarkets.com/stock/UNTC/disclosure , as well as the Company's website at https://unitcorp.com/investor-relations/otc-sec-filings/ Third Quarter and Year to Date Results On October 1, 2025, we signed and simultaneously closed a definitive agreement to sell our wholly owned contract drilling subsidiary, Unit Drilling Company (UDC), to Cactus Drilling Company, L.L.C. for cash consideration of $120 million, subject to customary closing adjustments. The sale will impact our operations and financial results going forward, as such, the results of operations and cash flows for UDC have been classified as discontinued operations for all periods presented and prior periods have been retrospectively adjusted in the consolidated statements of oper Show less Read more
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