W&T Offshore (WTI) Misses Q1 EPS by 7c

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W&T Offshore Announces First Quarter 2019 Results

May 1, 2019 4:45 PM EDT

HOUSTON, May 01, 2019 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (W&T or the Company) today reported operational and financial results for the first quarter of 2019.

Key highlights included:

Produced 33,350 barrels of oil equivalent per day (Boe/d), or 3.0 MMBoe (60% liquids), in the first quarter of 2019, near the midpoint of the guidance range;Increased production to over 37,000 Boe/d in mid-April 2019, due to new wells online, improved existing well performance and completion of pipeline repairs and platform... More