WTI Q2 2018 Earnings — W&T Offshore, Inc. Revenue & Financial Results | Market Cap Arena

WTIW&T Offshore, Inc.

$410M

Q2 2018 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$150M+21.3% YoY

Gross Profit

$69M46.1% margin

Operating Income

$48M32.4% margin

Net Income

$35M23.1% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+11.5%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

$13M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$958M

Total Liabilities

$1.5B

Stockholders' Equity

-$507M

Cash & Equivalents

$129M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$150M	$123M	+21.3%
Gross Profit	$69M	$46M	+50.9%
Operating Income	$48M	$33M	+47.4%
Net Income	$35M	$32M	+8.4%

Revenue Segments

Oil And Condensate

$117M78%

Natural Gas Production

$23M15%

Natural Gas Midstream

$9M6%

Product And Service Other

$1M1%