W&T Offshore (WTI) Reports Q1 Loss of $0.02/sh

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W&T Offshore Announces First Quarter 2023 Results

May 9, 2023 4:45 PM EDT

HOUSTON, May 09, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (W&T or the Company) today reported operational and financial results for the first quarter of 2023. 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 of 2023 and through the date of this press release include:

Reported first quarter 2023... More