W&T Offshore (WTI) Tops Q3 EPS by 14c

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Go back to W&T Offshore (WTI) Tops Q3 EPS by 14c

W&T Offshore Announces Third Quarter 2015 Financial Results, Operations Update and 2015 Guidance

November 4, 2015 5:42 PM EST

HOUSTON, Nov. 4, 2015 /PRNewswire/ -- W&T Offshore, Inc. (NYSE: WTI) today reported its third quarter 2015 operations and financial results, as well as its 2015 full year production and expense guidance.  Some of the key items include:

Production for the third quarter of 2015 averaged 46,757 barrels of oil equivalent ("Boe") per day (4.3 million Boe for the quarter), 54.9% of which was oil and liquids. Oil production increased 12.2% for the third quarter of 2015 compared to the third quarter of 2014, while natural gas production decreased 4.5% as we continue our focus on oil related... More