W&T Offshore Announces Second Quarter 2019 Results

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W&T Offshore (WTI) Tops Q2 EPS by 19c, Revenues Beat

July 31, 2019 5:11 PM EDT

W&T Offshore (NYSE: WTI) reported Q2 EPS of $0.25, $0.19 better than the analyst estimate of $0.06. Revenue for the quarter came in at $134.7 million versus the consensus estimate of $129.78 million.

Tracy W. Krohn, W&T's Chairman and Chief Executive Officer, stated, We performed well in the second quarter by increasing production and Adjusted EBITDA compared to the first quarter of 2019 while executing on our... More