WTI Q2 2019 Earnings — W&T Offshore, Inc. Revenue & Financial Results | Market Cap Arena

WTIW&T Offshore, Inc.

$410M

Q2 2019 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$135M-10.0% YoY

Gross Profit

$49M36.3% margin

Operating Income

$37M27.7% margin

Net Income

$36M26.5% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+16.0%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

-$20M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$868M

Total Liabilities

$1.2B

Stockholders' Equity

-$335M

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$135M	$150M	-10.0%
Gross Profit	$49M	$69M	-29.0%
Operating Income	$37M	$48M	-22.9%
Net Income	$36M	$35M	+3.2%