Investing.com - W&T Offshore reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
W&T Offshore announced earnings per share of $0.330 on revenue of $266.49M. Analysts polled by Investing.com EPS of $0.450 on revenue of $204.43M.
W&T Offshore 's are down 48.09% and is trading at $8.670 , still down 5.35% from its 52 week high of $9.16 set on Monday, November 7, 2022.
W&T Offshore follows other major Energy sector earnings this month
W&T Offshore's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, for EPS of $4.83 on revenue of $57.03B.
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