WTI Q2 2021 Earnings — W&T Offshore, Inc. Revenue & Financial Results | Market Cap Arena

WTIW&T Offshore, Inc.

$410M

Q2 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$133M+140.5% YoY

Gross Profit

$101M76.1% margin

Operating Income

$34M25.3% margin

Net Income

-$52M-38.9% margin

EPS (Diluted)

$-0.36

QoQ Revenue Growth

+5.7%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$3M

Stock-Based Comp.

$467,000

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$1.4B

Stockholders' Equity

-$260M

Cash & Equivalents

$209M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$133M	$55M	+140.5%
Gross Profit	$101M	$21M	+374.4%
Operating Income	$34M	-$28M	+219.7%
Net Income	-$52M	-$6M	-775.2%