6 Nov 2014quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $234.5 million and net income of $684 thousand for the period ended 2014-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
6 Nov 2014quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $234.5 million and net income of $684 thousand for the period ended 2014-09-30.
7 Aug 2014quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $263.0 million and net income of $9.8 million for the period ended 2014-06-30.
7 Aug 2014quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $263.0 million and net income of $9.8 million for the period ended 2014-06-30.
8 May 2014quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $254.5 million and net income of $11.2 million for the period ended 2014-03-31.
7 May 2014quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $254.5 million and net income of $11.2 million for the period ended 2014-03-31.
14 Feb 2014substantial holder notice● Neutral
Parnassus Investments reported a W&T OFFSHORE INC shareholding of 7,395,021 shares (9.82% of votes) in a periodic institutional filing.
13 Nov 2013debt financing▲ Good
W&T replaced its revolver with a larger $1.2 billion facility (initial $800 million borrowing base), refinancing the prior $900 million agreement which had $203 million drawn.
8 Nov 2013quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $244.6 million and net income of $14.2 million for the period ended 2013-09-30.
7 Nov 2013quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $244.6 million and net income of $14.2 million for the period ended 2013-09-30.
7 Nov 2013asset acquisition disposition▲ GoodMajor
W&T completed the first closing of its purchase of Gulf of Mexico E&P properties from Callon Petroleum, including a 15% interest in the Medusa field, paying about $76.4 million with a final closing for remaining properties expected later in November 2013.
8 Aug 2013quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $235.4 million and net income of $22.4 million for the period ended 2013-06-30.
8 Aug 2013quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $235.4 million and net income of $22.4 million for the period ended 2013-06-30.
8 May 2013quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $259.2 million and net income of $26.6 million for the period ended 2013-03-31.
8 May 2013quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $259.2 million and net income of $26.6 million for the period ended 2013-03-31.
25 Apr 2013substantial holder notice● Neutral
Parnassus Investments reported a W&T OFFSHORE INC shareholding of 7,740,270 shares (10.30% of votes) in a periodic institutional filing.
28 Feb 2013quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $237.1 million and net income of $16.7 million for the period ended 2012-12-31.
8 Feb 2013substantial holder notice● Neutral
Parnassus Investments reported a W&T OFFSHORE INC shareholding of 6,042,123 shares (8.12% of votes) in a periodic institutional filing.
10 Jan 2013securities registration● Neutral
W&T OFFSHORE INC filed the final prospectus for a registered offering.
20 Dec 2012debt financing● Neutral
W&T registered the $300 million add-on notes from its October 2012 offering with the SEC so holders could exchange them for registered notes - the same routine registration-rights formality as the November 2011 filing, not a merger.
1 Nov 2012quarterly activities report▼ Bad
W&T OFFSHORE INC reported quarterly revenue of $185.9 million and a net loss of $1.5 million for the period ended 2012-09-30.
31 Oct 2012quarterly activities report▼ Bad
W&T OFFSHORE INC reported quarterly revenue of $185.9 million and a net loss of $1.5 million for the period ended 2012-09-30.
25 Oct 2012debt financing● NeutralMajor
W&T closed the $300 million add-on to its 2019 senior notes and signed a registration rights agreement committing it to later register the notes for exchange.
22 Oct 2012material agreement● NeutralMajor
W&T priced an upsized $300 million add-on to its 2019 senior notes (increased from a planned $250 million) at 106% of face value, with proceeds going toward the Newfield acquisition and revolver paydown.
17 Oct 2012debt financing● Neutral
W&T amended its credit agreement to allow it to issue additional senior unsecured debt, clearing the way for a notes add-on to help fund the Newfield acquisition.
12 Oct 2012asset acquisition disposition▲ GoodMajor
W&T closed its acquisition of 78 Gulf of Mexico lease blocks from Newfield Exploration for about $208 million (adjusted from the original $228 million estimate), taking over roughly 90% of the acquired production.
21 Sept 2012material agreement▲ GoodMajor
W&T agreed to buy Newfield Exploration's Gulf of Mexico portfolio - 78 lease blocks (65 deepwater, 10 shelf) across roughly 432,700 gross acres - for $228 million.
1 Aug 2012quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $215.5 million and net income of $53.6 million for the period ended 2012-06-30.
31 July 2012quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $215.5 million and net income of $53.6 million for the period ended 2012-06-30.
9 May 2012quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $235.9 million and net income of $3.2 million for the period ended 2012-03-31.