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W&T Offshore Q1 2024 Earnings Report

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$2.27 +0.03 (+1.34%)
Closing price 03:59 PM Eastern
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$2.26 0.00 (-0.22%)
As of 05:41 PM Eastern
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W&T Offshore EPS Results

Actual EPS
-$0.05
Consensus EPS
-$0.04
Beat/Miss
Missed by -$0.01
One Year Ago EPS
N/A

W&T Offshore Revenue Results

Actual Revenue
$140.79 million
Expected Revenue
$138.96 million
Beat/Miss
Beat by +$1.83 million
YoY Revenue Growth
N/A

W&T Offshore Announcement Details

Quarter
Q1 2024
Time
N/A
Conference Call Date
Friday, May 10, 2024
Conference Call Time
4:00PM ET

Upcoming Earnings

W&T Offshore's Q3 2025 earnings is scheduled for Thursday, November 6, 2025, with a conference call scheduled on Friday, November 7, 2025 at 10:00 AM ET. Check back for transcripts, audio, and key financial metrics as they become available.

W&T Offshore Earnings Headlines

W&T Offshore, Inc. Stock (WTI) Opinions on Volatile Oil Prices
Building The Infrastructure for the Coming Financial Reset
While China pushes nearly $1 trillion through its new digital currency, one emerging company is quietly building the infrastructure for decentralized AI and asset-backed tokens — and its latest $90M acquisition move could make it a critical player in the next financial reset.tc pixel
Tracy Krohn Buys Handful Of Shares In W&T Offshore
W&T Offshore: The Momentum May Have Turned
See More W&T Offshore Headlines
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About W&T Offshore

W&T Offshore (NYSE:WTI) is an independent oil and gas exploration and production company focused primarily on offshore operations in the Gulf of Mexico. The company acquires, develops and produces crude oil and natural gas reserves, operating a portfolio of producing properties that encompasses both shallow-water and deepwater assets. W&T Offshore leverages its technical expertise and asset management capabilities to optimize field development and production efficiency across its portfolio.

Founded in 1983 and headquartered in Covington, Louisiana, W&T Offshore has built a track record of disciplined growth through strategic acquisitions and targeted exploration activities. Over the years, the company has expanded its footprint to include numerous leaseholds and platforms within the central and western Gulf of Mexico. Its operations encompass all phases of offshore production, from well planning and drilling to facilities operations and maintenance, supported by a network of third-party service providers and drilling contractors.

Under the leadership of Karl F. Cahill, who has served as Chief Executive Officer since the early 2000s, W&T Offshore has navigated the cyclical nature of the energy industry by emphasizing cost control, cash flow generation and selective investment in high-return opportunities. The company maintains a lean organizational structure, with senior management teams based in offices near its principal operating areas. Through a combination of enhanced recovery techniques, reservoir optimization and disciplined capital allocation, W&T Offshore strives to deliver stable production and long-term reserve replacement for its shareholders.

View W&T Offshore Profile

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