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W&T Offshore (WTI) Stock News

WTI NYSE

W&T Offshore, Inc. reports recurring developments tied to its offshore oil, natural gas and NGL business in the Gulf of America. The company operates as an independent producer with working interests in federal and state waters off Louisiana, Texas, Mississippi and Alabama, including conventional shelf, deepwater and Alabama state-water acreage.

Company news commonly covers quarterly and annual operating results, production mix, commodity prices, revenue, lease operating metrics, depreciation, depletion and amortization, asset retirement obligations, proved reserves and guidance. Updates also include dividend declarations, acquisition and development activity, capital-structure matters, shareholder voting items and governance disclosures.

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W&T Offshore (NYSE: WTI) will release its third-quarter 2026 earnings on October 29, 2026, after the NYSE trading close. The company will discuss financial and operational results on a conference call on October 30, 2026, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). A webcast will be available through the Investors section of its website, with an audio replay available afterward.

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W&T Offshore (WTI) converted its $50.0 million revolving credit facility to reserve-based lending, effective October 1, 2026.

The amendment with Texas Capital Bank and its bank group sets a $50.0 million borrowing base supporting elected commitments. The $100.0 million maximum credit amount permits expansion subject to borrowing base availability and lender consent. Borrowing capacity will be reviewed semi-annually, starting November 1, 2026.

The amendment removes the 75% excess cash flow sweep, quarterly repayment requirement and $100.0 million asset coverage test. Annual restricted payments capacity rises 50% to $15.0 million. Pricing, maturity, collateral and financial covenants remain unchanged. No amendment fees were charged, apart from reimbursement of customary agent fees and expenses. CIBC rejoined with a $10.0 million commitment, replacing an exiting lender. Total liquidity entering fourth-quarter 2026 was approximately $234 million.

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W&T Offshore (NYSE: WTI) will release its second quarter 2026 earnings on Wednesday, August 5, 2026, after the NYSE close, and will host a conference call on Thursday, August 6, 2026 at 9:00 a.m. CT (10:00 a.m. ET) to discuss financial and operational results.

Investors can join by dialing (844) 739-3797 in the U.S. or (412) 317-5713 internationally, requesting the “W&T Offshore, Inc. Conference Call,” or via webcast under the “Investors” section at www.wtoffshore.com, where an audio replay will be available.

According to the company, W&T Offshore is an independent oil and natural gas producer operating offshore in the Gulf of Mexico, with working interests in 48 fields and leases covering approximately 605,200 gross acres as of March 31, 2026.

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W&T Offshore (NYSE: WTI) reported Q1 2026 results and declared a Q2 2026 dividend of $0.01 per share payable May 28, 2026. Q1 production was 36.2 MBoe/d (53% liquids), revenue was $150.0M, net loss $22.5M, Adjusted EBITDA $54.5M, and Free Cash Flow $21.0M.

Liquidity at March 31, 2026 was $174.8M and Net Debt was $220.3M (1.5x trailing Adjusted EBITDA).

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W&T Offshore (NYSE: WTI) will release first quarter 2026 earnings on Thursday, May 7, 2026 after NYSE close and host a conference call on Friday, May 8, 2026 at 9:00 a.m. CT (10:00 a.m. ET).

Dial-in numbers, webcast access via the company website under “Investors,” and an audio replay will be available after the call.

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W&T Offshore (NYSE: WTI) reported final Q4 and full‑year 2025 results and 2026 guidance on March 16, 2026. Key metrics: full‑year production of 34.0 MBoe/d (50% liquids), year‑end proved reserves of 121.0 MMBoe with PV‑10 $1.1B, Adjusted EBITDA of $129.6M, unrestricted cash of $140.6M and Net Debt reduced to $210.3M.

The company reported a full‑year net loss of $150.1M and Adjusted Net Loss of $55.1M, capital expenditures of $54.8M, completion of Cox acquisition production projects, added oil hedges for 2026, and declared a Q1 2026 dividend of $0.01 per share.

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W&T Offshore (NYSE: WTI) declared a quarterly cash dividend of $0.01 per share for Q1 2026, payable March 26, 2026 to shareholders of record on March 19, 2026. This marks the ninth consecutive quarterly dividend since November 2023.

Future dividends and record/payment dates remain subject to Board approval.

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W&T Offshore (NYSE: WTI) announced a rescheduling of its fourth quarter and full year 2025 earnings release and conference call. The earnings release will now be issued Monday, March 16, 2026 after market close, with the conference call on Tuesday, March 17, 2026 at 9:00 a.m. CT.

Dial-in numbers, a live webcast, and an audio replay will be available on W&T Offshore’s investor website.

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W&T Offshore (NYSE: WTI) will release its fourth quarter and full year 2025 earnings on Thursday, March 5, 2026 after the close of NYSE trading. The company will host a conference call on Friday, March 6, 2026 at 9:00 a.m. CT (10:00 a.m. ET).

Investors may dial (844) 739-3797 or international (412) 317-5713 and should request the "W&T Offshore, Inc. Conference Call." The call will be webcast and archived at www.wtoffshore.com under Investors, with an audio replay available after the call.

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FAQ

What is the current stock price of W&T Offshore (WTI)?

W&T Offshore (WTI) last closed at $3.85.

What is the market cap of W&T Offshore (WTI)?

The market cap of W&T Offshore (WTI) is approximately $581.1M.