WTI Q3 2021 Earnings — W&T Offshore, Inc. Revenue & Financial Results | Market Cap Arena

WTIW&T Offshore, Inc.

$410M

Q3 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$134M+84.7% YoY

Gross Profit

$107M79.5% margin

Operating Income

$48M36.0% margin

Net Income

-$38M-28.3% margin

EPS (Diluted)

$-0.27

QoQ Revenue Growth

+0.8%

Cash Flow

Operating Cash Flow

$65M

Free Cash Flow

$55M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.5B

Stockholders' Equity

-$297M

Cash & Equivalents

$258M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$134M	$73M	+84.7%
Gross Profit	$107M	$43M	+150.3%
Operating Income	$48M	-$20M	+347.0%
Net Income	-$38M	-$13M	-184.6%