Unit (UNTCW) Exploration Expense (USD Mil) : 0.00 (As of . 20)

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What is Unit Exploration Expense (USD Mil)?

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill.

The historical rank and industry rank for Unit's Exploration Expense (USD Mil) or its related term are showing as below:

UNTCW's Exploration Expense (USD Mil) is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Exploration Expense (USD Mil) only.

Unit Exploration Expense (USD Mil) Historical Data

The historical data trend for Unit's Exploration Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Unit Exploration Expense (USD Mil) Chart

Unit (OTCPK:UNTCW) Exploration Expense (USD Mil) Explanation

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill. It includes costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells.

Exploration expenses (including prospecting) related to oil and gas producing entities would be included in the operating expenses of the company that entity.

Unit Exploration Expense (USD Mil) Related Terms

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Unit (UNTCW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Unit Corp (OTCPK:UNTCW) » Definitions » Exploration Expense (USD Mil)

Comparable Companies

Traded in Other Exchanges

UNTC:USA

Address

8200 South Unit Drive, Tulsa, OK, USA, 74132

Website

https://www.unitcorp.com

Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are three segments which include Oil and Natural gas, Contract Drilling and Mid-stream. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas. Majority of revenue is generated from Oil and Natural Gas.