W&T Offshore Announces First Quarter 2015 Financial Results, Operations Update And Second Quarter 2015 Guidance

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Go back to W&T Offshore Announces First Quarter 2015 Financial Results, Operations Update And Second Quarter 2015 Guidance

W&T Offshore (WTI) Misses Q1 EPS by 34c

May 7, 2015 7:48 AM EDT

After the close, W&T Offshore (NYSE: WTI) reported Q1 adj-EPS of ($1.13), $0.34 worse than the analyst estimate of ($0.79). Revenue for the quarter came in at $127.9 million versus the consensus estimate of $138.5 million.

Production for the first quarter of 2015 averaged approximately 49,000 Boe per day (4.4... More