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NYSE:WTI

W&T Offshore Q1 2024 Earnings Report

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$4.22 -0.17 (-3.77%)
Closing price 05/5/2026 03:59 PM Eastern
Extended Trading
$3.85 -0.37 (-8.66%)
As of 08:08 AM 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 Q1 2026 earnings is estimated for Thursday, May 7, 2026, based on past reporting schedules, with a conference call scheduled on Friday, May 8, 2026 at 10:00 AM ET. Check back for transcripts, audio, and key financial metrics as they become available.

W&T Offshore Earnings Headlines

I was right about SpaceX
Jeff Brown predicted Bitcoin before it climbed as high as 52,400%, Tesla before 2,150%, and Nvidia before 32,000%. Now he says SpaceX is shaping up to be the biggest IPO of the decade - and three key milestones just confirmed it. In the past 21 days: SpaceX crossed 10,000 active satellites, Elon filed confidential IPO paperwork with the SEC, and another rocket launched 25 more satellites. Two-thirds of every satellite in orbit now belongs to one company. The public filing could drop any day.tc pixel
This Gulf oil stock is more about cash than crude
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.

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