W and t Offshore inc (WTI)
Sector • Energy Industry • Oil And Gas Production |
Industry • Oil And Gas Production |
Sector • Energy |
Compelling period by the company in the most recent fiscal period
company recorded third quarter of 2022 operating profit of $138.116 millions
Published Nov 12 2022
CSIMarket Team / CSIMarket.com
For the most recent fiscal period company earnings turned positive of $0.46 per share compare to $-0.27 a year prior and profit plummeted by -45.88 % from $0.85 per share from the previous reporting period.
Revenues inched up strongly by 98.95 % to $266.49 millions from $133.95 millions in the same reporting period a year prior and sequentially Revenue decreased by -2.675 % from $273.81 millions.
The company booked earnings of $66.721 millions in the most recent fiscal period an improvement versus a net shortfall of $-37.964 millions in the same reporting period a year ago. W And T Offshore Inc also emphasized it's improving profit margins, where net margin rose to 25.04% in most recent fiscal period, and operating margin edged up to 51.83%.
W And T Offshore Inc is expected to report next financial results on May 03, 2023.
Revenues inched up strongly by 98.95 % to $266.49 millions from $133.95 millions in the same reporting period a year prior and sequentially Revenue decreased by -2.675 % from $273.81 millions.
The company booked earnings of $66.721 millions in the most recent fiscal period an improvement versus a net shortfall of $-37.964 millions in the same reporting period a year ago. W And T Offshore Inc also emphasized it's improving profit margins, where net margin rose to 25.04% in most recent fiscal period, and operating margin edged up to 51.83%.
W And T Offshore Inc is expected to report next financial results on May 03, 2023.