W&T Offshore Q3 Loss Narrower Than Expected, Revenues Decline Y/Y [Yahoo! Finance]
W&T Offshore, Inc. (WTI)
Last w&t offshore, inc. earnings: 3/4 04:45 pm
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Source: Yahoo! Finance
However, the bottom line declined from the year-ago quarter's reported earnings of 1 cent per share. Total quarterly revenues of $121.4 million missed the Zacks Consensus Estimate of $136 million. The top line also decreased from $142.4 million reported in the prior-year quarter. Increased realized price of natural gas liquids aided the company's bottom line in the reported quarter. This was partially offset by lower oil equivalent production and higher operating expenses. W&T Offshore, Inc. price-consensus-eps-surprise-chart | W&T Offshore, Inc. Quote Production for the quarter averaged 31 thousand barrels of oil equivalent per day (MBoe/d), down from 35.9 MBoe/d in the corresponding period of 2023. The reported metric came in lower than our estimate of 34.2 Mboe/d. The production was affected by temporary disruptions due to hurricanes and third-party downtime. The year-over-year deterioration was also due to the shutdown of two of the six fields that the company acquired in
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News
- W&T Offshore (NYSE:WTI) Will Pay A Dividend Of $0.01 [Yahoo! Finance]Yahoo! Finance
- W&T Offshore Third Quarter 2024 Earnings: EPS Misses Expectations [Yahoo! Finance]Yahoo! Finance
- W&T Offshore Inc (WTI) Q3 2024 Earnings Call Highlights: Strong Financial Performance ... [Yahoo! Finance]Yahoo! Finance
- W&T Offshore (WTI) Reports Q3 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- W&T Offshore Announces Third Quarter 2024 Results and Declares Dividend for Fourth Quarter of 2024 [Yahoo! Finance]Yahoo! Finance
WTI
Earnings
- 11/7/24 - Miss
WTI
Sec Filings
- 11/21/24 - Form 8-K
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- WTI's page on the SEC website