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WTI - W&T Offshore EPS misses by $0.07 beats on revenue
W&T Offshore Inc.
W&T Offshore (NYSE:WTI): Q2 Non-GAAP EPS of $0.02 misses by $0.07; GAAP EPS of -$0.36 misses by $0.47. Revenue of $132.82M (+140.4% Y/Y) beats by $10.78M. Produced 40,888 barrels of oil equivalent per day, or 3.7 million Boe (45% liquids), in Q'221, above the midpoint of W&T’s guidance range and reflecting a 3% increase from Q1'21. Q2 free cash flow totaled $18.7M, compared with $20.8M in the year-ago quarter and $39.98M in previous quarter. Press Release