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.
W&T Offshore (NYSE: WTI) reported Q3 2025 results and declared a $0.01 per share dividend for Q4 2025 payable Nov 26, 2025 to holders of record Nov 19, 2025.
Key Q3 figures: production 35.6 MBoe/d (49% liquids), revenues $127.5M, reported net loss $71.5M (includes a $59.9M deferred tax asset valuation allowance), Adjusted Net Loss $7.3M, Adjusted EBITDA $39.0M (+11% QoQ), net cash from operations $26.5M, unrestricted cash $124.8M, total debt $350.4M, and Net Debt $225.6M (down $58.6M vs 12/31/2024).
W&T Offshore (NYSE: WTI) announced the timing for its third quarter 2025 earnings release and related conference call. The company will issue its Q3 2025 earnings release on Wednesday, November 5, 2025, after market close and will host a conference call to discuss results on Thursday, November 6, 2025 at 9:00 a.m. Central Time (10:00 a.m. ET).
Interested parties may join by phone (844-739-3797 domestic; 412-317-5713 international) and should request to be joined to 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.
W&T Offshore (NYSE:WTI) reported Q2 2025 results, showing a 10% production increase to 33.5 MBoe/d compared to Q1 2025. The company reported a net loss of $20.9 million ($0.14 per share), improving from Q1's $30.6 million loss. Adjusted EBITDA grew 9% to $35.2 million.
Key financial metrics include $120.7 million in unrestricted cash, reduced total debt of $350.1 million, and Net Debt of $229.4 million. The company declared a $0.01 per share dividend for Q3 2025. Mid-year SEC proved reserves stood at 123.0 MMBoe with a PV-10 value of $1.2 billion.
Notable operational achievements include successful completion of nine workovers, positive surety settlement agreements, and strategic hedging additions for oil production.
W&T Offshore (NYSE:WTI) announced that its Founder, Chairman, CEO and President Tracy Krohn will ring the closing bell at the New York Stock Exchange on August 4, 2025, marking the company's 20th anniversary as a NYSE-listed company.
The ceremony, which will include W&T's Board of Directors and senior management team, will be streamed live at 3:55 p.m. ET on NYSE.com/bell. The company, founded in 1983, completed its IPO in 2005 and has focused primarily on offshore Gulf of America energy production throughout its 42-year history.
W&T Offshore (NYSE:WTI) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 financial results on Monday, August 4, 2025, after NYSE trading hours. A conference call to discuss the results will be held on Tuesday, August 5, 2025, at 9:00 AM CT (10:00 AM ET).
Investors can join the call by dialing (844) 739-3797 for domestic participants or (412) 317-5713 for international callers. The call will also be available via webcast on the company's website, with an audio replay accessible afterward.
[]W&T Offshore (NYSE: WTI) announced a favorable court ruling where U.S. Magistrate Judge Dena Palermo recommended denying preliminary injunction motions from two surety companies that demanded over $100 million in collateral. The Court found that the sureties failed to demonstrate they would suffer irreparable harm if their cash collateral demands were not granted.
The ruling effectively nullifies all current collateral requests by sureties, and W&T will not be required to post collateral until a determination on the merits of the pending lawsuit with the remaining surety providers. This decision, combined with a previously-announced settlement agreement, represents significant positive outcomes for W&T in their fight against what they describe as "unlawful predatory business practices" in the Gulf of America operations.
W&T Offshore (NYSE: WTI) has scheduled its first quarter 2025 earnings announcement and conference call. The company will release its Q1 2025 financial results on Tuesday, May 6, 2025, after NYSE trading hours. A conference call to discuss the results will be held on Wednesday, May 7, 2025, at 11:00 a.m. Central Time (12:00 p.m. Eastern Time).
Interested participants can join the call by dialing (844) 739-3797 for domestic callers or (412) 317-5713 for international callers. The call will also be webcast on the company's website, with an audio replay available afterward.