W&T Offshore (WTI) Tops Q3 EPS by 14c
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W&T Offshore Announces Third Quarter 2015 Financial Results, Operations Update and 2015 Guidance
November 4, 2015 5:42 PM ESTHOUSTON, Nov. 4, 2015 /PRNewswire/ --Â 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. Â 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