HOUSTON (AP) — HOUSTON (AP) — W&T Offshore Inc. (WTI) on Monday reported a loss of $23.4 million in its fourth quarter.
The Houston-based company said it had a loss of 16 cents per share. Losses, adjusted for non-recurring gains, came to 18 cents per share.
The independent oil and gas company posted revenue of $120.3 million in the period.
For the year, the company reported a loss of $87.1 million, or 59 cents per share. Revenue was reported as $525.3 million.
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