Unit Corporation Reports 2010 Third Quarter EPS of $.66

Unit Corporation UNT reported net income of $34.5 million, or $0.73 per diluted share, for the three months ended September 30, 2010. For the same period in 2009, net income was $31.4 million, or $0.66 per diluted share. Total revenues for the third quarter of 2010 were $218.1 million (39% contract drilling, 44% oil and natural gas, and 17% mid-stream), compared to $167.4 million (30% contract drilling, 53% oil and natural gas, and 16% mid-stream) for the third quarter of 2009.