W&T Offshore (WTI) Tops Q1 EPS by 1c

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W&T Offshore Announces First Quarter 2022 Results

May 3, 2022 4:52 PM EDT

HOUSTON, May 03, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (W&T or the Company) today reported operational and financial results for the first quarter 2022. This press release includes non-GAAP financial measures, including Adjusted Net Income, Adjusted EBITDA, Free Cash Flow, and Net Debt, which are described and reconciled to the most comparable GAAP measures below in the accompanying tables under Non-GAAP Information.

Key highlights for the first quarter 2022 and through the date of this press release included:

Increased average... More