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 executive vice president and COO William J. Williford had 152,542 restricted stock units granted on May 16, 2025 vest on May 16, 2026, delivering 152,542 shares of common stock. Of these, 43,131 shares were disposed of to cover tax obligations, leaving him with 377,880 common shares held directly and 305,085 restricted stock units outstanding.
W&T Offshore EVP & CFO Sameer Parasnis reported routine equity compensation activity involving restricted stock units (RSUs). On May 16, 2026, 152,542 RSUs vested and were converted into 152,542 shares of common stock, representing the first tranche of a grant made on May 16, 2025.
To cover tax obligations, 44,410 shares of common stock were disposed of through a tax-withholding transaction at an indicated value of $4.75 per share. Following these transactions, Parasnis held 181,470 shares of common stock directly, and 305,085 RSUs remained outstanding, which will vest in later installments.
W&T Offshore Chairman and CEO Tracy W. Krohn reported routine equity compensation activity involving company stock. On May 16, 2026, 361,582 restricted stock units vested and converted into the same number of common shares, representing the first tranche of this grant.
To cover related obligations, 141,494 shares were disposed of as a tax-withholding transaction at $4.75 per share, which is not an open-market sale. Following these events, Krohn directly owned 1,280,286 common shares, and trusts for his benefit held an additional 47,746,394 shares over which he has sole voting and dispositive power.
W&T Offshore executive George Hittner reported a compensation-related share vesting and tax withholding transaction. On May 16, 2026, 152,542 restricted stock units granted on May 16, 2025 vested, and he received 152,542 shares of common stock. To cover tax obligations, 40,526 shares of common stock were disposed of at $4.75 per share through share withholding rather than an open-market sale. Following these transactions, he directly owned 212,205 shares of W&T Offshore common stock. Each vested restricted stock unit represented a right to receive one share of common stock or its cash equivalent, as determined at settlement.
W&T Offshore vice president and chief accounting officer Bart P. Hartman III reported routine equity compensation activity. On May 16, 2026, 20,197 restricted stock units vested, delivering 20,197 shares of common stock as the first tranche of a prior grant. To cover related obligations, 4,918 shares of common stock were disposed of as a tax-withholding transaction, not an open-market sale. Following these transactions, Hartman directly holds 43,506 shares of W&T Offshore common stock. Each restricted stock unit represents a contingent right to receive one share of common stock or its cash equivalent, and each grant vests in three installments.
W&T Offshore EVP & Chief Technical Officer Huan Gamblin reported RSU vesting and related tax withholding. On May 16, 2026, 152,542 restricted stock units granted on May 16, 2025 vested, and he received 152,542 shares of common stock. To cover tax obligations, 40,526 shares were disposed of at $4.75 per share. Following these transactions, he holds 155,431 common shares directly and 305,085 restricted stock units representing contingent rights to additional W&T Offshore common stock or cash equivalents.
W&T Offshore, Inc. disclosure: The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC report shared voting and dispositive power over 7,597,175.54 shares of W&T Offshore common stock, representing 5.1% of the class as shown on the cover page, with an effective reporting date of 03/31/2026.
The filing is a joint Schedule 13G identifying GS Group as a parent holding company and Goldman Sachs & Co. LLC as a reporting subsidiary; the submission includes standard disclaimers that client accounts and certain managed entities are not reflected in the reported beneficial ownership.
W&T Offshore, Inc. reported first-quarter 2026 revenue of $150.0 million, up from $129.9 million a year earlier, driven by higher oil, NGL and natural gas volumes. Average daily production increased to 36,211 Boe/d from 30,489 Boe/d.
The company recorded a net loss of $22.5 million (basic and diluted loss of $0.15 per share), an improvement from a $30.6 million loss. Results were pressured by a $24.5 million derivative loss, including $21.8 million of unrealized loss, and $8.5 million of asset retirement accretion.
At March 31 2026, W&T held $130.9 million in cash and cash equivalents and net debt of $351.2 million, mainly 10.75% Senior Second Lien Notes due 2029. Asset retirement obligations totaled $566.0 million. The company declared a regular quarterly dividend of $0.01 per share and highlighted available liquidity from its credit facility and at-the-market equity program.
W&T Offshore reported higher revenue and cash flow but remained unprofitable in the first quarter of 2026. Revenue rose to $150.0 million, up 23% from the prior quarter and 16% from a year earlier, driven by stronger realized prices and 19% higher production of 36.2 MBoe/d.
Lease operating expenses fell to $66.1 million and $20.29 per Boe, reflecting cost savings, while Adjusted EBITDA increased to about $55 million, 137% above the fourth quarter of 2025. The company still posted a net loss of $22.5 million, or $0.15 per share, mainly due to a $24.5 million derivative loss and interest expense.
W&T ended March 31, 2026 with $130.9 million in cash, Net Debt of $220.3 million and Net Debt to trailing Adjusted EBITDA of 1.5x. The board declared a second-quarter 2026 dividend of $0.01 per share and issued 2026 guidance showing planned capital spending of $19.5–$24.5 million and plugging and abandonment outlays of $34.0–$42.4 million.