WTI Q1 2020 Earnings — W&T Offshore, Inc. Revenue & Financial Results | Market Cap Arena

WTIW&T Offshore, Inc.

$410M

Q1 2020 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$124M+6.9% YoY

Gross Profit

$79M63.4% margin

Operating Income

$72M57.9% margin

Net Income

$66M53.2% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

-18.3%

Cash Flow

Operating Cash Flow

$84M

Free Cash Flow

$73M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$1.2B

Stockholders' Equity

-$182M

Cash & Equivalents

$48M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$124M	$116M	+6.9%
Gross Profit	$79M	$32M	+145.6%
Operating Income	$72M	-$31M	+331.8%
Net Income	$66M	-$48M	+238.1%