WTI FY 2023 Earnings — W&T Offshore, Inc. Revenue & Financial Results | Market Cap Arena

WTIW&T Offshore, Inc.

$386M

FY 2023 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$533M-42.2% YoY

Gross Profit

$392M73.5% margin

Operating Income

$29M5.5% margin

Net Income

$16M2.9% margin

EPS (Diluted)

$0.11

Cash Flow

Operating Cash Flow

$115M

Free Cash Flow

$34M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$1.1B

Stockholders' Equity

$31M

Cash & Equivalents

$173M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$533M	$921M	-42.2%
Gross Profit	$392M	$779M	-49.7%
Operating Income	$29M	$454M	-93.5%
Net Income	$16M	$231M	-93.3%