Here are the 10-K annual reports from W&T Offshore, Inc. (WTI) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow WTI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WTI filings page.
W&T Offshore, Inc. provides its annual overview as an independent oil and gas producer focused on the offshore Gulf of America. The company holds working interests in 49 producing fields in water depths from under 10 feet to 7,300 feet, with 34% of proved reserves expected to be depleted within three years.
Results are heavily concentrated in the Mobile Bay Properties, which supplied about 36% of 2025 production and 20% of revenue, and experienced notable shut-ins. Key risks include volatile commodity prices, hurricane exposure, regulatory and decommissioning requirements, access to third‑party pipelines and platforms, cybersecurity, and high competition for leases.
Non‑affiliate market value was about $162.1 million based on a $1.65 share price, with 148.8 million shares outstanding. The company reports $358.8 million of long‑term debt, including $350 million of 10.75% Senior Second Lien Notes due 2029, and employs roughly 370 people across Texas, Alabama, Louisiana and offshore operations.