W&T Offshore (WTI) Misses Q2 EPS by 10c

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W&T Offshore Announces Second Quarter 2023 Results

August 1, 2023 4:45 PM EDT

HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (W&T or the Company) today reported operational and financial results for the second quarter of 2023. This press release includes non-GAAP financial measures, including Adjusted Net Income (Loss), Adjusted EBITDA, Free Cash Flow, Net Debt 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 second quarter of 2023 and through the date of this press release include:

Increased second... More