Robert Parks - Unit President

President

Mr. Robert H. Parks, Jr., is the Manager and President of Superior Pipeline Company, L.L.C., a subsidiary of Unit Corporationrationration. Mr. Parks founded Superior Pipeline Company, L.L.C. in 1996. When Superior was acquired by the company in July 2004, he continued with Superior as one of its managers and as its President. From April 1992 through April 1996 Mr. Parks served as VicePresidentGathering and Processing for Cimarron Gas Companies. From December 1986 through March 1992, he served as VicePresidentBusiness Development for American Central Gas Companies since 1996.
Age 63
Tenure 28 years
Professional MarksMBA
Phone918 493-7700
Webwww.unitcorp.com
Parks began his career as an engineer with Cities Service Company in 1978. He received a BS degree in Chemical Engineering from Rice University and his M.B.A. from the University of Texas at Austin.

Unit Management Efficiency

The company has Return on Asset of (0.51) % which means that on every $100 spent on assets, it lost $0.51. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (41.81) %, meaning that it generated no profit with money invested by stockholders. Unit's management efficiency ratios could be used to measure how well Unit manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 784.3 M in debt with debt to equity (D/E) ratio of 0.74, which is OK given its current industry classification. Unit has a current ratio of 0.39, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Unit until it has trouble settling it off, either with new capital or with free cash flow. So, Unit's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Unit sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Unit to invest in growth at high rates of return. When we think about Unit's use of debt, we should always consider it together with cash and equity.

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Unit Corporation, together with its subsidiaries, engages in the exploration, acquisition, development, and production of oil and natural gas properties in the United States. Unit Corporation was founded in 1963 and is headquartered in Tulsa, Oklahoma. Unit operates under Oil Gas Drilling classification in the United States and is traded on New York Stock Exchange. It employs 1054 people. Unit Corporation (UNT) is traded on New York Stock Exchange in USA and employs 1,054 people.

Management Performance

Unit Leadership Team

Elected by the shareholders, the Unit's board of directors comprises two types of representatives: Unit inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Unit. The board's role is to monitor Unit's management team and ensure that shareholders' interests are well served. Unit's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Unit's outside directors are responsible for providing unbiased perspectives on the board's policies.
Larry Pinkston, President, Chief Executive Officer, Director
Mark Schell, Senior Vice President, General Counsel, Corporate Secretary
John Cromling, Executive VP of Drilling - Unit Drilling Company
DMichael Earl, Vice President
John Nikkel, Chairman of the Board
Gary Christopher, Independent Director
Les Austin, CFO, Senior Vice President
David Dunham, Senior Vice President - Business Development
G Peyton, Director
Steven Hildebrand, Independent Director
Carla Mashinski, Independent Director
Michael Adcock, Independent Director
Bradford Guidry, Executive VP of Unit Petroleum Company
J Adcock, Independent Chairman of the Board
Frank Young, Executive Vice President - Exploration and Production Segment
William Morgan, Independent Director
David Merrill, President, Chief Executive Officer
Bailey Peyton, Director
Larry Payne, Independent Director
Robert Parks, Manager and President of Superior Pipeline Company, L.L.C.
Robert Sullivan, Independent Director
G Austin, Chief Financial Officer, Senior Vice President

Unit Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Unit a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Unit in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Unit's short interest history, or implied volatility extrapolated from Unit options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Other Consideration for investing in Unit Stock

If you are still planning to invest in Unit check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Unit's history and understand the potential risks before investing.
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