WTI FY 2022 Earnings — W&T Offshore, Inc. Revenue & Financial Results | Market Cap Arena

WTIW&T Offshore, Inc.

$386M

FY 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$921M+65.1% YoY

Gross Profit

$779M84.6% margin

Operating Income

$454M49.3% margin

Net Income

$231M25.1% margin

EPS (Diluted)

$1.59

Cash Flow

Operating Cash Flow

$340M

Free Cash Flow

$246M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.4B

Stockholders' Equity

$8M

Cash & Equivalents

$461M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$921M	$558M	+65.1%
Gross Profit	$779M	$440M	+77.2%
Operating Income	$454M	$190M	+139.4%
Net Income	$231M	-$41M	+657.3%