WTI Q2 2020 Earnings — W&T Offshore, Inc. Revenue & Financial Results | Market Cap Arena

WTIW&T Offshore, Inc.

$410M

Q2 2020 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$55M-59.0% YoY

Gross Profit

$21M38.6% margin

Operating Income

-$28M-50.8% margin

Net Income

-$6M-10.7% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

-55.5%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$6M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$943M

Total Liabilities

$1.1B

Stockholders' Equity

-$187M

Cash & Equivalents

$37M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$55M	$135M	-59.0%
Gross Profit	$21M	$49M	-56.4%
Operating Income	-$28M	$37M	-175.0%
Net Income	-$6M	$36M	-116.5%