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W&T Offshore (WTI) Stock News, Apr-Nov 2025

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) 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).

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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.

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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.

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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.

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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.

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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.

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W&T Offshore has reached a settlement agreement with two of its largest surety providers, resulting in the dismissal of a previous lawsuit. The agreement, covering nearly 70% of W&T's surety bond portfolio, locks in historical premium rates through December 31, 2026, and requires surety providers to withdraw collateral demands. Key terms include no collateral requirements, locked premium rates, and limited circumstances for future collateral demands. CEO Tracy Krohn emphasized this as a victory against unjustified demands on independent oil operators. The company reports a strong start to 2025 with increasing production, improved balance sheet, and solid cash position for growth opportunities.
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W&T Offshore (NYSE: WTI) announced the reappointment of John D. Buchanan as Presiding Director for 2025, continuing his role from the 2024 Annual General Meeting. Buchanan, who joined the Board in April 2024, brings over 30 years of experience as an oil and gas, commercial, and banking attorney, along with prior military service. CEO Tracy W. Krohn praised Buchanan's extensive legal experience in energy and banking industries, highlighting his valuable advisory role and previous board service with large public companies.
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W&T Offshore (NYSE: WTI) reported its Q1 2025 financial results and declared a $0.01 per share dividend for Q2 2025. The company produced 30.5 MBoe/d (52% liquids) and reported a net loss of $30.6 million ($0.21 per share). Key financial metrics include Adjusted EBITDA of $32.2 million and Free Cash Flow of $10.5 million. Notable achievements include refinancing $275 million in Senior Notes with new 10.75% Notes due 2029, reducing debt by $39 million, and securing a new $50 million revolving credit facility. The company received $58.5 million from an insurance settlement and sold non-core assets for $11.9 million. W&T ended Q1 with $105.9 million in cash and Net Debt of $244.1 million. The company added natural gas hedges and brought two new fields into production, expecting increased output for the remainder of 2025.
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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.

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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.