Posts for Ticker ‘WTI’

W&T Offshore: Good Quarter Even With Hurricanes (WTI)

Offshore_oil_rigBefore the market opened this morning W&T Offshore (NYSE:WTI) reported third quarter EPS of $1.03 on revenue of $290 million. Analysts had been expecting EPS of $0.82 on revenue of $276 million. Backing out an unrealized gain on derivatives, EPS amounted to $0.79 for the quarter, compared with $0.53 for the same period a year ago.

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Posted on: November 4, 2008 – 10:26 am in Earnings, Oil & Gas,