W&T Offshore, Inc. filings document the regulatory record for an independent offshore oil and natural gas producer listed on the New York Stock Exchange under WTI. Form 8-K reports cover operating and financial results, preliminary estimates, press-release exhibits, non-GAAP reconciliations, proved-reserve reporting and guidance-related disclosures.
Proxy filings describe annual meeting procedures, shareholder voting matters, board governance and common-stock voting rights. Other filings address capital-structure activity, including at-the-market equity distribution arrangements for common stock and debt-related collateral requirements under an indenture with subsidiary guarantors. The filing record also includes exhibit and Inline XBRL cover-page disclosures tied to the company’s public reporting obligations.
W&T Offshore, Inc. (WTI) amended its credit agreement effective October 1, 2026, converting its existing $50.0 million revolving credit facility into a reserve-based revolving facility. The amended facility has an aggregate maximum credit amount of $100.0 million, with initial elected commitments and an initial borrowing base each set at $50.0 million. Borrowing availability is limited to the least of the borrowing base, elected commitments and maximum credit amount; the initial borrowing base remains $50.0 million until the next scheduled redetermination.
The facility matures on the earlier of July 28, 2028, and the date six months before the stated maturity date of the Senior Second Lien Notes. The amendment removes the cash sweep, quarterly clean-down and asset coverage test, raises restricted-payments capacity 50% to $15 million, and leaves pricing and financial covenants unchanged; no amendment fees apply. W&T reported approximately $234 million of total liquidity entering the fourth quarter of 2026.
The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC report amended beneficial ownership of common stock of W & T Offshore, Inc. Under this filing, they have shared voting and dispositive power over 5,129,525.06 shares of common stock, representing 3.4% of the class. They report no sole voting or dispositive power over any shares and confirm ownership of 5 percent or less of the class. The securities are owned, or may be deemed to be beneficially owned, by Goldman Sachs & Co. LLC, a subsidiary of The Goldman Sachs Group, Inc. The Goldman Sachs reporting units disclaim beneficial ownership of certain client accounts and investment entities where third parties hold economic interests.
W&T Offshore EVP & Chief Technical Officer Huan Gamblin reported the vesting of 8,312 restricted stock units on August 8, 2026, from an award granted on August 8, 2024. Upon vesting, he received 8,312 shares of common stock. On the same date, 3,271 common shares were delivered or withheld at $3.43 per share for payment of exercise price or tax liability.
W&T Offshore EVP & Chief Operating Officer William J. Williford reported the vesting and settlement of 56,075 restricted stock units on August 8, 2026. The vested units, originally granted on August 8, 2024, converted into 56,075 shares of common stock. Of these, 22,066 shares of common stock at $3.43 per share were delivered or withheld to cover the exercise price or tax liability, with the remainder retained as stock.
W&T Offshore EVP & CFO Sameer Parasnis reported equity-based transactions tied to restricted stock units (RSUs). On August 8, 2026, 56,075 RSUs granted on August 8, 2024 vested as the second tranche of a three-installment grant, and were settled in 56,075 shares of common stock. On the same date, 22,066 common shares at $3.43 per share were delivered or withheld to satisfy the exercise price or tax liability associated with this vesting.
W&T Offshore Inc. Chairman, CEO and President Tracy W. Krohn reported the vesting and settlement of 132,918 restricted stock units on August 8, 2026. The units, granted on August 8, 2024, vested as the second tranche and were settled in 132,918 shares of common stock. Of these, 52,304 shares of common stock were delivered or withheld at $3.43 per share to cover the exercise price or tax liability. Krohn also reports 47,746,394 shares of common stock held indirectly by trusts for which he serves as beneficiary and trustee with sole voting and dispositive power.
W&T Offshore Inc. reported equity compensation activity for Bart P. Hartman III, its VP & Chief Accounting Officer. On August 8, 2026, 7,425 restricted stock units vested, and he received 7,425 shares of common stock, representing the second tranche of a grant that vests in three installments. In connection with this vesting, 2,922 common shares were delivered or withheld at $3.43 per share for payment of the exercise price or tax liability, with the remaining vested shares retained as common stock.
W&T Offshore, Inc. entered into a First Amendment to its Amended and Restated Employment Agreement with its Chief Executive Officer, President and Board Chairman, Tracy W. Krohn, effective August 5, 2026. The amendment addresses Mr. Krohn’s ongoing cash compensation.
Under the revised agreement, Mr. Krohn’s annual base salary will be no less than $1,000,000. This amount will be reviewed annually by the Board or a committee and may be increased from time to time, but it may not be reduced. All other material terms of his employment agreement remain unchanged.
W&T Offshore reported strong second-quarter 2026 results, with total revenues of about $162.6 million, up 8% sequentially and 33% year over year. Net income was $12.6 million, or $0.08 per diluted share, compared with losses in both the prior quarter and prior-year period. Adjusted EBITDA was $54.4 million and Free Cash Flow was $31.4 million; for the first half of 2026 the company generated almost $110 million of Adjusted EBITDA and over $50 million of Free Cash Flow while reducing Net Debt.
Production was 3.16 million Boe, near flat year over year, but the average realized price per Boe rose 11% from the first quarter to $50.23. Lease operating expenses per Boe fell versus a year ago and came in below the low end of guidance, while Adjusted G&A declined slightly versus the first quarter as a share of volumes. As of June 30, 2026, available liquidity was $194.1 million, including $150.7 million of cash, with Net Debt of $200.9 million and Net Debt to trailing twelve-month Adjusted EBITDA of 1.2x. The board declared a third-quarter 2026 dividend of $0.01 per share and issued guidance for slightly higher third-quarter production and higher 2026 capital and plugging spending toward the high end of prior ranges.