2014 Q1 Form 10-Q Financial Statement

#000079894914000014 Filed on May 08, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $388.0M $318.5M
YoY Change 21.81% -4.62%
Cost Of Revenue $272.8M $234.8M
YoY Change 16.18% -1.39%
Gross Profit $115.1M $83.68M
YoY Change 37.59% -12.75%
Gross Profit Margin 29.68% 26.27%
Selling, General & Admin $9.600M $8.700M
YoY Change 10.34% 24.29%
% of Gross Profit 8.34% 10.4%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $88.43M $77.16M
YoY Change 14.61% -2.39%
% of Gross Profit 76.8% 92.2%
Operating Expenses $9.700M $8.700M
YoY Change 11.49% 24.29%
Operating Profit $115.1M $83.68M
YoY Change 37.59% -12.75%
Interest Expense -$22.20M -$9.500M
YoY Change 133.68% 150.0%
% of Operating Profit -19.28% -11.35%
Other Income/Expense, Net -$22.04M -$9.551M
YoY Change 130.72% 183.92%
Pretax Income $92.90M $65.38M
YoY Change 42.1% -23.58%
Income Tax $35.95M $25.17M
% Of Pretax Income 38.7% 38.5%
Net Earnings $56.95M $40.21M
YoY Change 41.63% -23.33%
Net Earnings / Revenue 14.68% 12.62%
Basic Earnings Per Share $1.17 $0.84
Diluted Earnings Per Share $1.17 $0.83
COMMON SHARES
Basic Shares Outstanding 48.49M shares 48.12M shares
Diluted Shares Outstanding 48.87M shares 48.41M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.100M $1.200M
YoY Change -8.33% 0.0%
Cash & Equivalents $1.052M $1.153M
Short-Term Investments
Other Short-Term Assets $26.10M $27.50M
YoY Change -5.09% -43.99%
Inventory $8.200M $9.200M
Prepaid Expenses
Receivables $187.9M $151.8M
Other Receivables $0.00 $0.00
Total Short-Term Assets $223.3M $189.6M
YoY Change 17.77% -15.41%
LONG-TERM ASSETS
Property, Plant & Equipment $3.806B $3.538B
YoY Change 7.59% 17.03%
Goodwill $62.81M $62.81M
YoY Change 0.0%
Intangibles $425.0K
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.42M $11.47M
YoY Change 16.95% -32.11%
Total Long-Term Assets $3.894B $3.625B
YoY Change 7.4% 16.79%
TOTAL ASSETS
Total Short-Term Assets $223.3M $189.6M
Total Long-Term Assets $3.894B $3.625B
Total Assets $4.117B $3.815B
YoY Change 7.92% 14.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $161.0M $131.8M
YoY Change 22.12% 9.13%
Accrued Expenses $65.23M $53.32M
YoY Change 22.32% 12.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $263.2M $212.5M
YoY Change 23.9% 14.04%
LONG-TERM LIABILITIES
Long-Term Debt $645.8M $715.4M
YoY Change -9.72% 126.52%
Other Long-Term Liabilities $145.5M $157.4M
YoY Change -7.61% 40.56%
Total Long-Term Liabilities $791.3M $872.8M
YoY Change -9.34% 104.02%
TOTAL LIABILITIES
Total Short-Term Liabilities $263.2M $212.5M
Total Long-Term Liabilities $791.3M $872.8M
Total Liabilities $1.055B $1.085B
YoY Change -2.83% -18.34%
SHAREHOLDERS EQUITY
Retained Earnings $1.775B $1.574B
YoY Change 12.8%
Common Stock $9.725M $9.637M
YoY Change 0.91%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.235B $2.010B
YoY Change
Total Liabilities & Shareholders Equity $4.117B $3.815B
YoY Change 7.92% 14.63%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $56.95M $40.21M
YoY Change 41.63% -23.33%
Depreciation, Depletion And Amortization $88.43M $77.16M
YoY Change 14.61% -2.39%
Cash From Operating Activities $123.5M $179.7M
YoY Change -31.28% 21.44%
INVESTING ACTIVITIES
Capital Expenditures $197.3M $192.9M
YoY Change 2.25% 0.05%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $36.70M $1.500M
YoY Change 2346.67% -57.14%
Cash From Investing Activities -$160.5M -$191.5M
YoY Change -16.17% 1.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $19.52M $11.99M
YoY Change 62.78% -71.34%
NET CHANGE
Cash From Operating Activities $123.5M $179.7M
Cash From Investing Activities -$160.5M -$191.5M
Cash From Financing Activities $19.52M $11.99M
Net Change In Cash -$17.54M $179.0K
YoY Change -9899.44% -50.28%
FREE CASH FLOW
Cash From Operating Activities $123.5M $179.7M
Capital Expenditures $197.3M $192.9M
Free Cash Flow -$73.81M -$13.27M
YoY Change 456.31% -70.44%

Facts In Submission

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188207000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
83683000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
115143000 USD
CY2014Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
9670000 USD
CY2013Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7674000 USD
CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
13016000 USD
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
13418000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
2337000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
1494000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
0 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-9911000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
6378000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
CY2013Q1 us-gaap Other Income
OtherIncome
-66000 USD
CY2014Q1 us-gaap Other Income
OtherIncome
120000 USD
CY2014Q1 us-gaap Other Liabilities
OtherLiabilities
157083000 USD
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
170444000 USD
CY2014Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
11629000 USD
CY2013Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
12113000 USD
CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
145454000 USD
CY2013Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
158331000 USD
CY2014Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1179000 USD
CY2013Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1601000 USD
CY2013Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9551000 USD
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-22036000 USD
CY2014Q1 us-gaap Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
14700000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
192927000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
197266000 USD
CY2014Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2014Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2014Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
12931000 USD
CY2014Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
12537000 USD
CY2014Q1 us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
8700000 USD
CY2014Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
4000000 USD
CY2013Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
123300000 USD
CY2013Q1 us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
13018000 USD
CY2014Q1 us-gaap Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
18667000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
36748000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1456000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
16300000 USD
CY2013Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
72000 USD
CY2014Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
850000 USD
CY2014Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7085409000 USD
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6934916000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3805900000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3722691000 USD
CY2014Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
95537000 USD
CY2013Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
87435000 USD
CY2013Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
124400000 USD
CY2014Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
4000000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1718263000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1775208000 USD
CY2013Q1 us-gaap Revenues
Revenues
318532000 USD
CY2014Q1 us-gaap Revenues
Revenues
387988000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
2234782000 USD
CY2013Q4 unt Accrued Oil And Gas Production Expense Current
AccruedOilAndGasProductionExpenseCurrent
16073000 USD
CY2014Q1 unt Amounts Reclassified From Accumulated Other Comprehensive Income
AmountsReclassifiedFromAccumulatedOtherComprehensiveIncome
0 USD
CY2013Q1 unt Amounts Reclassified From Accumulated Other Comprehensive Income
AmountsReclassifiedFromAccumulatedOtherComprehensiveIncome
-1514000 USD
CY2014Q1 us-gaap Taxes Payable Current
TaxesPayableCurrent
5432000 USD
CY2013Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
2313000 USD
CY2013Q1 unt Asset Retirement Obligation Liabilities Sold
AssetRetirementObligationLiabilitiesSold
-169000 USD
CY2014Q1 us-gaap Senior Notes
SeniorNotes
645809000 USD
CY2013Q4 us-gaap Senior Notes
SeniorNotes
645696000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4651000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
5444000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
2173392000 USD
CY2014Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-18366000 USD
CY2013Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2093000 USD
CY2014Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
379000 shares
CY2013Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
295000 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48412000 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48872000 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48493000 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48117000 shares
CY2014Q1 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
19679000 USD
CY2013Q4 us-gaap Workers Compensation Liability Current And Noncurrent
WorkersCompensationLiabilityCurrentAndNoncurrent
20041000 USD
CY2013Q4 unt Accrued Hedge Settlements
AccruedHedgeSettlements
416000 USD
CY2014Q1 unt Accrued Hedge Settlements
AccruedHedgeSettlements
1370000 USD
CY2014Q1 unt Accrued Oil And Gas Production Expense Current
AccruedOilAndGasProductionExpenseCurrent
15696000 USD
CY2014Q1 unt Asset Retirement Obligation Liabilities Sold
AssetRetirementObligationLiabilitiesSold
-459000 USD
CY2014Q1 unt Change In Net Income Dilutive
ChangeInNetIncomeDilutive
0 USD
CY2013Q1 unt Change In Net Income Dilutive
ChangeInNetIncomeDilutive
0 USD
CY2014Q1 unt Change In Other Comprehensive Income Tax
ChangeInOtherComprehensiveIncomeTax
0 USD
CY2013Q1 unt Change In Other Comprehensive Income Tax
ChangeInOtherComprehensiveIncomeTax
-11425000 USD
CY2014Q1 unt Commitment Fee Under Credit Facility Standard
CommitmentFeeUnderCreditFacilityStandard
0.01
CY2013Q1 unt Contract Drilling Depreciation
ContractDrillingDepreciation
17260000 USD
CY2014Q1 unt Contract Drilling Depreciation
ContractDrillingDepreciation
18395000 USD
CY2013Q1 unt Contract Drilling Expenses
ContractDrillingExpenses
66002000 USD
CY2014Q1 unt Contract Drilling Expenses
ContractDrillingExpenses
63804000 USD
CY2014Q1 unt Elimination Of Inter Segment Revenue Of Contract Drilling
EliminationOfInterSegmentRevenueOfContractDrilling
17658000 USD
CY2014Q1 unt Gas Gathering And Processing Revenue Gross
GasGatheringAndProcessingRevenueGross
120360000 USD
CY2013Q1 unt Contract Drilling Operating Income Loss
ContractDrillingOperatingIncomeLoss
-24266000 USD
CY2014Q1 unt Contract Drilling Operating Income Loss
ContractDrillingOperatingIncomeLoss
24401000 USD
CY2014Q1 unt Contract Drilling Revenues
ContractDrillingRevenues
106600000 USD
CY2013Q1 unt Contract Drilling Revenues
ContractDrillingRevenues
107528000 USD
CY2014Q1 unt Contract Drilling Revenues Gross
ContractDrillingRevenuesGross
124258000 USD
CY2013Q1 unt Contract Drilling Revenues Gross
ContractDrillingRevenuesGross
119353000 USD
CY2014Q1 unt Current Ratio Of Credit Facility
CurrentRatioOfCreditFacility
1 to 1
CY2014Q1 unt Debt Instrument Variable Interest Rate Payable Assessment Period
DebtInstrumentVariableInterestRatePayableAssessmentPeriod
P90D
CY2013Q4 unt Depositsonassetsheldforsale
Depositsonassetsheldforsale
3750000 USD
CY2014Q1 unt Depositsonassetsheldforsale
Depositsonassetsheldforsale
0 USD
CY2013Q1 unt Derivative Instruments Not Designatedas Hedges Loss Amount Settled During Period
DerivativeInstrumentsNotDesignatedasHedgesLossAmountSettledDuringPeriod
-5615000 USD
CY2014Q1 unt Derivative Instruments Not Designatedas Hedges Loss Amount Settled During Period
DerivativeInstrumentsNotDesignatedasHedgesLossAmountSettledDuringPeriod
-8872000 USD
CY2013Q4 unt Drilling Equipment
DrillingEquipment
1477093000 USD
CY2014Q1 unt Drilling Equipment
DrillingEquipment
1482902000 USD
CY2013Q1 unt Elimination Of Inter Segment Revenue Of Contract Drilling
EliminationOfInterSegmentRevenueOfContractDrilling
11825000 USD
CY2013Q1 unt Elimination Of Inter Segment Revenue Of Gas Gathering And Processing
EliminationOfInterSegmentRevenueOfGasGatheringAndProcessing
22761000 USD
CY2014Q1 unt Elimination Of Inter Segment Revenue Of Gas Gathering And Processing
EliminationOfInterSegmentRevenueOfGasGatheringAndProcessing
27179000 USD
CY2014Q1 unt Employee Service Share Based Compensation Allocation Of Unrecognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfUnrecognizedPeriodCostsCapitalizedAmount
5400000 USD
CY2014Q1 unt Equal Redemption Price Percentage Of Principal Amount Of Debt
EqualRedemptionPricePercentageOfPrincipalAmountOfDebt
1.00
CY2014Q1 unt Estimated Annual Payments Long Term Debt And Other Liabilities Due In Next Twelve Months
EstimatedAnnualPaymentsLongTermDebtAndOtherLiabilitiesDueInNextTwelveMonths
11600000 USD
CY2014Q1 unt Estimated Annual Payments Long Term Debt And Other Liabilities Due In Year Five
EstimatedAnnualPaymentsLongTermDebtAndOtherLiabilitiesDueInYearFive
3600000 USD
CY2014Q1 unt Estimated Annual Payments Long Term Debt And Other Liabilities Due In Year Four
EstimatedAnnualPaymentsLongTermDebtAndOtherLiabilitiesDueInYearFour
3700000 USD
CY2014Q1 unt Estimated Annual Payments Long Term Debt And Other Liabilities Due In Year Three
EstimatedAnnualPaymentsLongTermDebtAndOtherLiabilitiesDueInYearThree
5700000 USD
CY2014Q1 unt Estimated Annual Payments Long Term Debt And Other Liabilities Due In Year Two
EstimatedAnnualPaymentsLongTermDebtAndOtherLiabilitiesDueInYearTwo
36000000 USD
CY2014Q1 unt Gas Balancing Liability
GasBalancingLiability
3775000 USD
CY2013Q4 unt Gas Balancing Liability
GasBalancingLiability
3775000 USD
CY2014Q1 unt Gas Gathering And Processing Operating Income Loss
GasGatheringAndProcessingOperatingIncomeLoss
2630000 USD
CY2013Q1 unt Gas Gathering And Processing Operating Income Loss
GasGatheringAndProcessingOperatingIncomeLoss
-829000 USD
CY2013Q1 unt Gas Gathering And Processing Revenue Gross
GasGatheringAndProcessingRevenueGross
80156000 USD
CY2014Q1 unt Gas Gathering Transportation Marketing And Processing Depreciation
GasGatheringTransportationMarketingAndProcessingDepreciation
9591000 USD
CY2013Q1 unt Gas Gathering Transportation Marketing And Processing Depreciation
GasGatheringTransportationMarketingAndProcessingDepreciation
7156000 USD
CY2014Q1 unt Income From Operations
IncomeFromOperations
114932000 USD
CY2013Q1 unt Income From Operations
IncomeFromOperations
74926000 USD
CY2014Q1 unt Increase Decrease In Accounts Payable Related To Purchases Of Property Plant And Equipment
IncreaseDecreaseInAccountsPayableRelatedToPurchasesOfPropertyPlantAndEquipment
309000 USD
CY2013Q1 unt Increase Decrease In Accounts Payable Related To Purchases Of Property Plant And Equipment
IncreaseDecreaseInAccountsPayableRelatedToPurchasesOfPropertyPlantAndEquipment
43332000 USD
CY2014Q1 unt Increase In Stock Compensation Expense Due To Restricted Stock Awards Granted
IncreaseInStockCompensationExpenseDueToRestrictedStockAwardsGranted
1000000 USD
CY2014Q1 unt Incremental Per Share Effect Of Dilutive Income Changes Over Dilutive Share Changes
IncrementalPerShareEffectOfDilutiveIncomeChangesOverDilutiveShareChanges
0.00
CY2013Q1 unt Incremental Per Share Effect Of Dilutive Income Changes Over Dilutive Share Changes
IncrementalPerShareEffectOfDilutiveIncomeChangesOverDilutiveShareChanges
-0.01
CY2014Q1 unt Leverage Ratio Of Long Term Debt To Consolidated Ebitda
LeverageRatioOfLongTermDebtToConsolidatedEbitda
4 to 1
CY2014Q1 unt Loan Origination Fees
LoanOriginationFees
1500000 USD
CY2014Q1 unt Minimum Redemption Percentage Of Debt Outstanding
MinimumRedemptionPercentageOfDebtOutstanding
0.6500
CY2014Q1 unt Natural Gas Gathering Systems And Treating Plants
NaturalGasGatheringSystemsAndTreatingPlants
556448000 USD
CY2013Q4 unt Natural Gas Gathering Systems And Treating Plants
NaturalGasGatheringSystemsAndTreatingPlants
549422000 USD
CY2014Q1 unt Non Cash Additions To Oil And Natural Gas Properties Related To Asset Retirement Obligations
NonCashAdditionsToOilAndNaturalGasPropertiesRelatedToAssetRetirementObligations
-14972000 USD
CY2013Q1 unt Non Cash Additions To Oil And Natural Gas Properties Related To Asset Retirement Obligations
NonCashAdditionsToOilAndNaturalGasPropertiesRelatedToAssetRetirementObligations
-12088000 USD
CY2014Q1 unt Numberof Rigs Sold
NumberofRigsSold
4
CY2013Q1 unt Oil And Natural Gas Depreciation Depletion And Amortization
OilAndNaturalGasDepreciationDepletionAndAmortization
51983000 USD
CY2014Q1 unt Oil And Natural Gas Depreciation Depletion And Amortization
OilAndNaturalGasDepreciationDepletionAndAmortization
59680000 USD
CY2013Q1 unt Oil And Natural Gas Operating Income Loss
OilAndNaturalGasOperatingIncomeLoss
58588000 USD
CY2014Q1 unt Oil And Natural Gas Operating Income Loss
OilAndNaturalGasOperatingIncomeLoss
88112000 USD
CY2013Q4 unt Oil And Natural Gas Properties Full Cost Method Not Subject To Amortization
OilAndNaturalGasPropertiesFullCostMethodNotSubjectToAmortization
545588000 USD
CY2014Q1 unt Oil And Natural Gas Properties Full Cost Method Not Subject To Amortization
OilAndNaturalGasPropertiesFullCostMethodNotSubjectToAmortization
557149000 USD
CY2013Q4 unt Oil And Natural Gas Properties Full Cost Method Subject To Amortization
OilAndNaturalGasPropertiesFullCostMethodSubjectToAmortization
4235712000 USD
CY2014Q1 unt Oil And Natural Gas Properties Full Cost Method Subject To Amortization
OilAndNaturalGasPropertiesFullCostMethodSubjectToAmortization
4353248000 USD
CY2014Q1 unt Percentage Of Maximum Aggregate Principal Equity Amount
PercentageOfMaximumAggregatePrincipalEquityAmount
0.3500
CY2014Q1 unt Proceed From Equity Offerings Redemption Price Percentage
ProceedFromEquityOfferingsRedemptionPricePercentage
1.06625
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 unt Senior Notes Repurchase Price In Percentage
SeniorNotesRepurchasePriceInPercentage
1.0100
CY2013Q4 unt Separation Benefit Plans Liability
SeparationBenefitPlansLiability
9382000 USD
CY2014Q1 unt Separation Benefit Plans Liability
SeparationBenefitPlansLiability
9871000 USD
CY2013Q1 unt Tax On Gain Loss On Cash Flow Hedge Ineffectiveness
TaxOnGainLossOnCashFlowHedgeIneffectiveness
-526000 USD
CY2014Q1 unt Tax On Gain Loss On Cash Flow Hedge Ineffectiveness
TaxOnGainLossOnCashFlowHedgeIneffectiveness
0 USD
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000798949
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
49576303 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
UNIT CORP
CY2014Q1 dei Trading Symbol
TradingSymbol
unt

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0000798949-14-000014.txt Edgar Link pending
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