W&T Offshore

W&T Offshore, Inc. engages in the production, exploration, development, and acquisition of oil and natural gas properties. It focuses its operations in the Gulf of Mexico. The company was founded by Tracy W. Krohn in 1983 and is headquartered in Houston, TX.

Earnings data Q3 2023

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

W&T Offshore (WTI) brings back significant amount of production online well before time that was paused due to the storms in the Gulf of Mexico region.

W&T Offshore (WTI) Restores Production, Boosts Q4 Guidance

HOUSTON, Dec. 08, 2020 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today provided an operational update regarding fourth quarter 2020 production. The Company said that it has recently restored the vast majority of production that was shut-in due to the series of storms in the Gulf of Mexico and has also restored production at the Magnolia field that was offline due to extended downtime at a third-party operated platform downstream from that field. W&T now expects its fourth quarter production to average between 34,700 and 36,900 barrels of oil equivalent per day (“Boe/d”) of which 34% is estimated to be oil, 11% natural gas liquids, and the balance natural gas. Previously the Company had estimated its fourth quarter production would average 31,500 to 35,000 Boe/d.

W&T Offshore Provides Operational Update and Increases Production Guidance for the Fourth Quarter of 2020

W&T (WTI) reported earnings 30 days ago. What's next for the stock?

Why Is W&T (WTI) Up 47.5% Since Last Earnings Report?

W&T Offshore (WTI) wins two lease blocks in the Gulf of Mexico lease sale for an investment worth $518,000 and a five-year lease term.

W&T Offshore (WTI) Bids High on 2 Gulf of Mexico Offshore Blocks

HOUSTON, Nov. 24, 2020 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company was the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 256 held by the Bureau of Ocean Energy Management ("BOEM") on November 18, 2020. W&T will also be participating in two upcoming investor conferences.

W&T Offshore Apparent High Bidder on Two Gulf of Mexico Blocks in Lease Sale 256 and Announces Participation in Upcoming Investor Conferences

W&T Offshore (WTI) expects to consolidate Mobile Bay natural gas treatment plants by fourth quarter-end, which is likely to result in significant cost savings.

W&T Offshore (WTI) Up 8.6% Since Q3 Earnings Beat on Lower Costs

W&T Offshore, Inc. (WTI) CEO Tracy Krohn on Q3 2020 Results - Earnings Call Transcript

W&T (WTI) delivered earnings and revenue surprises of 41.67% and 5.37%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

W&T Offshore (WTI) Reports Q3 Loss, Tops Revenue Estimates

HOUSTON, Nov. 04, 2020 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the third quarter 2020.

W&T Offshore Announces Third Quarter 2020 Results

W&T (WTI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: W&T Offshore (WTI) Q3 Earnings Expected to Decline

W&T Offshore (WTI) decreases spending in early-2020 to ensure free cash flow generation.

Hold on to W&T Offshore, Here's Why We Think It'll Grow

W&T Offshore's (WTI) third-quarter production volumes, hurt by five hurricanes, are likely to be in the range of 32,500-33,900 Boe/d.

W&T Offshore's (WTI) Q3 Production Hurt by Hurricane Season

HOUSTON, Sept.  08, 2020  (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company will participate in Barclays CEO Energy-Power Conference that will be held virtually this year on September 8-10.

W&T Offshore Announces Participation in Barclays CEO Energy-Power Conference

Why Is W&T (WTI) Down 12.6% Since Last Earnings Report?

Higher oil equivalent production volumes and lower lease operating expenses aid W&T Offshore's (WTI) Q2 earnings.

W&T Offshore (WTI) Gains Marginally Since Q2 Earnings Beat

W&T Offshore, Inc. (WTI) CEO Tracy Krohn on Q2 2020 Results - Earnings Call Transcript

HOUSTON, Aug.  05, 2020  (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the second quarter 2020.

W&T Offshore Announces Second Quarter 2020 Results

W&T (WTI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will W&T (WTI) Beat Estimates Again in Its Next Earnings Report?

HOUSTON, July  31, 2020  (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) today announced the timing of its second quarter 2020 earnings release and conference call.

W&T Offshore Announces Timing of Second Quarter 2020 Earnings Release and Conference Call

Analysts Estimate W&T Offshore (WTI) to Report a Decline in Earnings: What to Look Out for

Why Is W&T (WTI) Up 3.5% Since Last Earnings Report?

  W&T Offshore Inc (NYSE:WTI) was trading 1.4% lower from the previous closing price.

Insider Buys W&T Offshore's Stock

HOUSTON, June  30, 2020  (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that it has posted an updated investor presentation to its web site, www.wtoffshore.com.  It can be found in the “Investors” section of W&T’s web site under “Presentations.”

W&T Offshore Announces Updated Investor Presentation Has Been Posted to Its Web Site

W&T Offshore's (WTI) improving balance sheet strength amid current market volatility is commendable.

Here's Why You Should Hold on to W&T Offshore (WTI) Now

W&T Offshore, Inc. (WTI) CEO Tracy Krohn on Q1 2020 Results - Earnings Call Transcript

News for W&T Offshore Stock (WTI)