W&T: Q4 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — W&T Offshore Inc. (WTI) on Tuesday reported a loss of $443,000 in its fourth quarter.

The Houston-based company said it had a loss of less than 1 cent on a per-share basis. Losses, adjusted for non-recurring gains, were 6 cents per share.

The independent oil and gas company posted revenue of $132.3 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $141.9 million.

For the year, the company reported profit of $15.6 million, or 11 cents per share. Revenue was reported as $532.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WTI at https://www.zacks.com/ap/WTI