Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - UNIT CORP | d8k.htm |
| EX-5 - OPINION OF CONNER & WINTERS, LLP - UNIT CORP | dex5.htm |
| EX-4.2 - FIRST SUPPLEMENTAL INDENTURE - UNIT CORP | dex42.htm |
| EX-4.1 - INDENTURE - UNIT CORP | dex41.htm |
Exhibit 12
Unit Corporation
Proforma Computation of Ratio of Earnings to Fixed Charges
| (dollars in thousands) |
Three Months Ended March 31, 2011 |
Twelve Months Ended December 31, 2010 |
||||||
| Income (loss) from continuing operations before income taxes |
$ | 65,607 | $ | 231,731 | ||||
| Interest expense |
886 | 5,440 | ||||||
| Amortization of capitalized interest |
432 | 1,623 | ||||||
| Earnings as defined |
$ | 66,925 | $ | 238,794 | ||||
| Fixed charges (1): |
||||||||
| Interest expense |
$ | 886 | $ | 5,440 | ||||
| Capitalized interest |
3,255 | 11,123 | ||||||
| Total fixed charges |
$ | 4,141 | $ | 16,563 | ||||
| Ratio of earnings to fixed charges |
16.2x | 14.4x | ||||||
| (1) | Fixed charges are determined as defined in instructions for Item 503 of Regulation S-K. |