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Stock impact report

W&T Offshore Inc (WTI) Q3 2024 Earnings Call Highlights: Strong Financial Performance ... [Yahoo! Finance]

W&T Offshore, Inc. (WTI) 
Last w&t offshore, inc. earnings: 3/4 04:45 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Production: 31,000 barrels of oil equivalent per day in Q3 2024. Lease Operating Expenses: $72.4 million in Q3 2024, 6% below guidance range. Cash on Hand: $126.5 million at the end of Q3 2024. Net Debt: Reduced to $266 million. Capital Expenditures (CapEx): $9.5 million in Q3 2024; $23.3 million in the first nine months of 2024, excluding acquisitions. Acquisition Investment: $80.6 million year-to-date. Production Guidance for Q4 2024: Midpoint of 33,600 barrels of oil equivalent per day. Warning! GuruFocus has detected 6 Warning Signs with WTI. Release Date: November 08, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript W&T Offshore Inc ( NYSE:WTI ) generated free cash flow of $54.9 million year-to-date, marking seven consecutive years of positive free cash flow. The company reported adjusted EBITDA of $122 million year-to-date, indicating strong financial performance. Lease operating expenses for the th Show less Read more
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