W&T Offshore Reports Q3 Earnings Beat and Increases Revenue Year-over-Year
W&T Offshore (NYSE: WTI) reported third-quarter financial results that exceeded analyst expectations, posting a Non-GAAP EPS of $0.01, which beat estimates by $0.06. The company's revenue reached $167.08 million, representing a 31% increase compared to the previous year and surpassing consensus estimates by $22.59 million. Following the earnings release, shares rose 5.5% in after-hours trading. Looking ahead, the company provided production guidance for the fourth quarter and full year of 2026, projecting total equivalent production between 12,227 and 13,560 MBoe for the full year.
Tickers: $WTI
Topics: earnings report eps beat production guidance revenue beat