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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Revenues $ 120,282 $ 163,248 $ 443,201 $ 418,202
Operating costs:        
Operating costs 47,058 99,188 212,540 244,494
Depreciation, depletion, and amortization 3,521 15,294 20,452 49,169
General and administrative 5,601 5,126 19,548 18,046
Total operating expenses 54,022 115,577 246,141 305,496
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent, Total 66,260 47,671 197,060 112,706
Other income (expense):        
Interest, net (37) (702) (408) (3,895)
Loss on derivatives (12,381) (39,742) (73,848) (104,973)
Loss on change in fair value of warrants 0 (9,054) (29,323) (12,628)
Gain (loss) on disposition of business 0   (13,141) 0
Reorganization Items (48) (971) (90) (3,959)
Other, net 2,024 (7) 2,956 (762)
Total other income (expense) (10,442) (50,476) (113,854) (126,217)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 55,818 (2,805) 83,206 (13,511)
Income tax expense, net:        
Current 0 0 0 0
Deferred 0 0 0 0
Total income taxes 0 0 0 0
Net loss 55,818 (2,805) 83,206 (13,511)
Net loss attributable to non-controlling interests (Note 15) 0 (9,100) (5,828) (4,875)
Net income (loss) attributable to Unit Corporation $ 55,818 $ 6,295 $ 89,034 $ (8,636)
Net income (loss) attributable to Unit Corporation per common share (Note 7):        
Basic $ 5.70 $ 0.56 $ 8.94 $ (0.74)
Diluted $ 5.60 $ 0.55 $ 8.79 $ (0.74)
Gain (Loss) on Disposition of Assets $ (2,158) $ (4,031) $ (6,399) $ (6,213)
Oil and natural gas        
Revenues:        
Revenues 80,026 52,880 257,748 149,874
Operating costs:        
Operating costs 21,235 21,210 72,329 55,846
Contract drilling        
Revenues:        
Revenues 40,256 19,158 102,780 52,893
Operating costs:        
Operating costs 25,823 15,357 77,823 41,308
Gas gathering and processing        
Revenues:        
Revenues 0 91,210 82,673 215,435
Operating costs:        
Operating costs $ 0 $ 62,621 $ 62,388 $ 147,340