Every 10-Q that W&T Offshore, Inc. (WTI) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, 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. 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 (WTI) reported a wider quarterly loss while modestly growing revenue. For Q3 2025, total revenues were $127.5 million (Q3 2024: $121.4 million) on higher production, but the company posted a net loss of $71.5 million versus a $36.9 million loss a year ago. Production rose to 3,275 MBoe (up 15%), driven by well work and restored output at West Delta 73 and Main Pass 108, while realized oil prices fell and gas prices improved. The quarter included $56.0 million of income tax expense, reflecting a $59.9 million valuation allowance against deferred tax assets.
Cash and cash equivalents were $124.8 million and total debt, net, was $350.4 million at September 30, 2025. In January, the company issued $350.0 million of 10.75% senior second lien notes due 2029 and used proceeds to repay its term loan and retire the 11.75% notes, recording a $15.0 million extinguishment loss. The new $50.0 million revolving credit facility had no borrowings outstanding. Asset retirement obligations ended the quarter at $566.0 million. The board declared a $0.01 per share Q4 2025 dividend, and shares outstanding were 148,777,224 as of October 31, 2025.