SeeBITDAOklahoma

Unit Corporation

Oil & gas
  • 8200 S Unit Dr, Tulsa, OK
Estimated valueLow confidence
$1.2M
$310Klikely range$2.5M
About 2.4× its yearly profit, typical for a company this size in its industry.
Revenue
$1.5M
a year
Profit (EBITDA)
$498K
34% of revenue
Employees
—
not reported
Alan Carr
CEO · source · LinkedIn
Unlikely to sell soon
unitcorp.comLinkedIn
Contact
Find Alan Carr on RocketReach Request removal or correction

How we got $1.2M

Based on typical figures for its industry (2022 Economic Census), not its own records.

A typical oil & gas business in Oklahoma$1.5M
Revenue$1.5M
× 34% profit margin$498K
× 2.4 sale multiple = value$1.2M

· Own this business? Correct these figures

What we know

No PPP loan
401(k) filing, 2025
No reported financials
Company website
Owner named

Signs of a sale Unlikely to sell soon

  • Headcount down 59% since 2021 (retirement plan filings)

From public records and the company's website, not a statement that it's for sale.

What they do

Unit Corporation is a Tulsa-based, publicly held energy company engaged through its subsidiary, Unit Petroleum Company, in oil and gas production.

Products & services
oil and gas production
Markets served
oil and gas

From the company's website. Industry: Oil & gas.

Employees over time

▼ 53% since 2020
05001k202020212022202320242025633299
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 5500633$228.3M$76.7M
2021Form 5500722$260.4M$87.5M
2022Form 5500700$252.5M$84.8M
2023Form 5500492$177.5M$59.6M
2024Form 5500645$232.6M$78.1M
2025Form 5500299$107.8M$36.2M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Unit Corporation
this business
$1.5M$498K—
GLOBE X-RAY SERVICES, INC.
Tulsa · 56 employees
$30.4M$6.9M0.2 mi
RYBREE SERVICES INC.
Tulsa · 19 employees
$9.9M$2.4M1.0 mi
Continuum Energy Services
Tulsa
$1.5M$498K2.3 mi
ANADARKO DOZER & TRUCKING LLC
Tulsa · 200 employees
$86.2M$17.1M2.7 mi
REDLINE RESOURCES, LLC
Tulsa · 27 employees
$10.8M$2.6M2.9 mi
Uop Callidus
Tulsa
$1.5M$498K2.9 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Estimated value = EBITDA × typical sale multiple$1.2M
Multiple for this size and industry2.4×
Value range$310K – $2.5M

This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Support Activities for Oil and Gas Operations businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (34%). Treat these as a rough guide.

Revenue range$481K – $2.6M
EBITDA range$161K – $877K
Industry (NAICS)Support Activities for Oil and Gas Operations (213112)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

People & advisors

Leadership

  • PF
    Phil Frohlich
    Chief Executive Officer · Company website · source
  • TS
    Thomas Sell
    Chief Financial Officer · Company website · source
  • KB
    Karl Bode
    Senior Vice President, Business Development · Company website · source
  • JW
    James White
    Vice President, Human Resources · Company website · source
  • PS
    Philip Smith
    Chairman · Company website · source

Advisors

  • AccountingGrant ThorntonAudits its 401(k) plan (2025 filing)

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Public records

LinkedIn company page
Size as the company lists it
Employees—

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Unit Corporation

Unit Corporation is an oil & gas company in Tulsa, Oklahoma. It is owned by Alan Carr (CEO). Its estimated annual revenue is about $1.5M, with roughly $498K of EBITDA. It has about 299 employees. Its estimated business value is $1.2M (likely range $310K–$2.5M).

Common questions

Who owns Unit Corporation?
Unit Corporation is owned by Alan Carr (CEO), according to public sources such as the company's website or filings.
How much revenue does Unit Corporation make?
SeeBITDA estimates Unit Corporation's annual revenue at about $1.5M (likely between $481K and $2.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
What is Unit Corporation worth?
About $1.2M, roughly 2.4× its estimated EBITDA of $498K, typical for a oil & gas company its size. Likely range: $310K–$2.5M.
How many employees does Unit Corporation have?
About 299, from its 2025 retirement-plan filing.