W&T Offshore (WTI) Tops Q4 EPS by 4c
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W&T Offshore Announces Fourth Quarter and Full Year 2022 Results Including Year-End 2022 Proved Reserves; Provides Guidance for 2023
March 7, 2023 4:46 PM ESTHOUSTON, March 07, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (W&T or the Company) today reported operational and financial results for the fourth quarter and full year 2022, including the Companys year-end 2022 reserve report. Guidance for 2023 was also provided. This press release includes non-GAAP financial measures, including Adjusted Net Income, Adjusted EBITDA, Free Cash Flow, Net Debt, Net Leverage Ratio and PV-10 which are described and reconciled to the most comparable GAAP measures below in the accompanying tables under Non-GAAP Information.
Key highlights for the fourth quarter and full year 2022 included:
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