WTI News and Press, W&T Offshore Inc. From 12/09/22

Summary WTI has a lot of room to move up, given the recent demand for Oil. Consumers are shifting to purchase from the US and US companies. The Market Cap of WTI is less than 1 Billion USD, making this a steal. W&T Offshore ( WTI ) is not well known like the larger...

HOUSTON, Dec. 01, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced the promotion of W. Allen Tate to Senior Vice President of Marketing, Jake G. Woodall to Vice President of Midstream and Kristen Ecklund to Vice P...

W&T Offshore, Inc. (WTI) Q3 2022 Earnings Conference Call November 9, 2022 10:00 AM ET Company Participants Al Petrie – Investor Relations Coordinator Tracy Krohn – Chairman and Chief Executive Officer Conference Call Participants John W...

Summary OILK ETF tracks an index with three separate WTI futures contracts that reset semi-annually (March and September). OILK is an open-ended ETF, avoiding K-1 filings at tax time. The fund gets its oil futures through a Cayman Islands subsidiary. As of May 2021, OILK i...

W&T Offshore press release ( NYSE: WTI ): Q3 Non-GAAP EPS of $0.33 beats by $0.05 . Revenue of $266.5M (+99.0% Y/Y) beats by $36.31M . Reported Adjusted EBITDA of $113.9M for the third quarter of 2022. Produced free cash flow of $71.1M for the third qua...

W&T Offshore press release ( NYSE: WTI ): Q3 Non-GAAP EPS of $0.33 beats by $0.05 . Revenue of $266.48M (+99.0% Y/Y) beats by $36.29M . For further details see: W&T Offshore Non-GAAP EPS of $0.33 beats by $0.05, revenue of $266.48M beats by $3...

HOUSTON, Nov. 08, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the third quarter of 2022. This press release includes non-GAAP financial measures, including Adjusted ...

HOUSTON, Oct. 31, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced the timing of its third quarter of 2022 earnings release and conference call. The Company is scheduled to issue its third quarter of 2...

Summary Due to the EU embargo on Russian crude oil imports that comes into effect in December 2022, the U.S. oil export increases. WTI has under lease approximately 637,000 gross acres on the Gulf of Mexico and U.S. crude oil production in the Gulf of Mexico is expected to increas...

Summary W&T Offshore spent years battling difficult operating conditions and burdensome leverage but thankfully, 2022 finally marked a change. Due to the global energy shortage, oil and gas prices have surged higher and sent their cash flow performance to levels not seen in ma...