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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Revenues $ 188,365 $ 120,897
Operating costs:    
Operating costs 112,100 71,563
Depreciation, depletion, and amortization 11,270 17,511
General and administrative 6,526 6,289
Gain on disposition of assets (Note 4) (2,175) (472)
Total operating expenses 127,721 94,891
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total 60,644 26,006
Other income (expense):    
Interest, net (274) (2,706)
Loss on derivatives (64,076) (22,831)
Loss on change in fair value of warrants (36,612) 0
Gain (Loss) on Disposition of Business (13,141) 0
Reorganization Items (3) (1,136)
Other, net 757 76
Total other income (expense) (113,349) (26,597)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total (52,705) (591)
Income tax expense (benefit):    
Current 0 0
Deferred 0 0
Total income taxes 0 0
Net loss (52,705) (591)
Net income (loss) attributable to non-controlling interest (Note 15) (5,828) 1,346
Net loss attributable to Unit Corporation $ (46,877) $ (1,937)
Net income (loss) attributable to Unit Corporation per common share (Note 7):    
Basic $ (4.66) $ (0.16)
Diluted $ (4.66) $ (0.16)
Oil and natural gas    
Revenues:    
Revenues $ 76,810 $ 55,024
Operating costs:    
Operating costs 23,475 19,149
Contract drilling    
Revenues:    
Revenues 28,882 15,674
Operating costs:    
Operating costs 26,237 11,871
Gas gathering and processing    
Revenues:    
Revenues 82,673 50,199
Operating costs:    
Operating costs $ 62,388 $ 40,543