WTI Q1 2019 Earnings — W&T Offshore, Inc. Revenue & Financial Results | Market Cap Arena

WTIW&T Offshore, Inc.

$410M

Q1 2019 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$116M-13.5% YoY

Gross Profit

$32M27.6% margin

Operating Income

-$31M-26.7% margin

Net Income

-$48M-41.1% margin

EPS (Diluted)

$-0.34

QoQ Revenue Growth

-19.1%

Cash Flow

Operating Cash Flow

$85M

Free Cash Flow

$53M

Stock-Based Comp.

-$78,000

Balance Sheet

Total Assets

$843M

Total Liabilities

$1.2B

Stockholders' Equity

-$373M

Cash & Equivalents

$86M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$116M	$134M	-13.5%
Gross Profit	$32M	$54M	-40.5%
Operating Income	-$31M	$39M	-180.0%
Net Income	-$48M	$26M	-280.3%

Revenue Segments

Oil And Condensate

$87M75%

Natural Gas Production

$22M19%

Natural Gas Midstream

$6M6%

Product And Service Other

$1M1%