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WTI Q2 2024 Earnings — W&T Offshore, Inc. Revenue & Financial Results | Market Cap Arena
WTI
W&T Offshore, Inc.
$386M
Q2 2024 Earnings
Energy
Oil & Gas Exploration & Production
Income Statement
Revenue
$143M
+13.1% YoY
Gross Profit
$15M
10.6% margin
Operating Income
-$6M
-4.4% margin
Net Income
-$15M
-10.8% margin
EPS (Diluted)
$-0.10
QoQ Revenue Growth
+1.4%
Cash Flow
Operating Cash Flow
$37M
Free Cash Flow
$31M
Stock-Based Comp.
$1M
Balance Sheet
Total Assets
$1.1B
Total Liabilities
$1.1B
Stockholders' Equity
$5M
Cash & Equivalents
$123M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$143M
$126M
+13.1%
Gross Profit
$15M
$91M
-83.4%
Operating Income
-$6M
$71,000
-8883.1%
Net Income
-$15M
-$12M
-27.1%
Revenue Segments
Oil and Condensate
$111M
78%
Natural Gas, Production
$22M
15%
Natural Gas Liquids
$8M
6%
Product and Service, Other
$2M
1%
← FY 2024
All Quarters
Q3 2024 →