WTI Q1 2021 Earnings — W&T Offshore, Inc. Revenue & Financial Results | Market Cap Arena

WTIW&T Offshore, Inc.

$386M

Q1 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$126M+1.2% YoY

Gross Profit

$99M78.4% margin

Operating Income

$40M31.5% margin

Net Income

-$746,000-0.6% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+32.6%

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

$43M

Stock-Based Comp.

$454,000

Balance Sheet

Total Assets

$950M

Total Liabilities

$1.2B

Stockholders' Equity

-$209M

Cash & Equivalents

$53M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$126M	$124M	+1.2%
Gross Profit	$99M	$79M	+25.3%
Operating Income	$40M	$72M	-44.8%
Net Income	-$746,000	$66M	-101.1%