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    W&T Offshore Inc.

    Subscribe to $WTI
    $WTI
    Oil & Gas Production
    Energy

    W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil, natural gas liquids, and natural gas. It holds working interest in approximately 43 offshore fields in federal and state waters. The company also owns interest in approximately 146 offshore structures. It has interests in offshore leases covering approximately 506,000 net acres spanning across the Outer Continental Shelf off the coasts of Louisiana, Texas, Mississippi, and Alabama. As of December 31, 2020, its total proved reserves were 144.4 million barrels of oil equivalent. The company was founded in 1983 and is headquartered in Houston, Texas.

    IPO Year: 2005

    Exchange: NYSE

    Website: wtoffshore.com

    Recent Analyst Ratings for W&T Offshore Inc.

    DatePrice TargetRatingAnalyst
    10/25/2022$9.10Buy
    Stifel
    10/20/2021$5.09 → $6.90Hold → Buy
    Stifel
    7/26/2021$4.50 → $5.50Buy
    Roth Capital
    See more ratings

    W&T Offshore Inc. SEC Filings

    See more
    • SEC Form 10-Q filed by W&T Offshore Inc.

      10-Q - W&T OFFSHORE INC (0001288403) (Filer)

      5/7/25 7:00:32 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - W&T OFFSHORE INC (0001288403) (Filer)

      5/6/25 5:00:51 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • SEC Form DEFA14A filed by W&T Offshore Inc.

      DEFA14A - W&T OFFSHORE INC (0001288403) (Filer)

      4/16/25 7:23:37 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • SEC Form DEF 14A filed by W&T Offshore Inc.

      DEF 14A - W&T OFFSHORE INC (0001288403) (Filer)

      4/16/25 7:22:12 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • SEC Form 10-K filed by W&T Offshore Inc.

      10-K - W&T OFFSHORE INC (0001288403) (Filer)

      3/4/25 8:31:05 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - W&T OFFSHORE INC (0001288403) (Filer)

      3/3/25 4:50:20 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Termination of a Material Definitive Agreement, Creation of a Direct Financial Obligation

      8-K - W&T OFFSHORE INC (0001288403) (Filer)

      2/3/25 5:22:36 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Inc. filed SEC Form 8-K: Regulation FD Disclosure

      8-K - W&T OFFSHORE INC (0001288403) (Filer)

      1/29/25 7:15:23 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - W&T OFFSHORE INC (0001288403) (Filer)

      1/14/25 5:10:59 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - W&T OFFSHORE INC (0001288403) (Filer)

      1/13/25 1:39:42 PM ET
      $WTI
      Oil & Gas Production
      Energy

    W&T Offshore Inc. Large Ownership Changes

    This live feed shows all institutional transactions in real time.

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    • Amendment: SEC Form SC 13G/A filed by W&T Offshore Inc.

      SC 13G/A - W&T OFFSHORE INC (0001288403) (Subject)

      10/18/24 12:38:40 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • SEC Form SC 13G/A filed by W&T Offshore Inc. (Amendment)

      SC 13G/A - W&T OFFSHORE INC (0001288403) (Subject)

      2/13/24 5:17:31 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • SEC Form SC 13G/A filed by W&T Offshore Inc. (Amendment)

      SC 13G/A - W&T OFFSHORE INC (0001288403) (Subject)

      1/25/24 11:40:03 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • SEC Form SC 13G/A filed by W&T Offshore Inc. (Amendment)

      SC 13G/A - W&T OFFSHORE INC (0001288403) (Subject)

      2/9/23 4:07:33 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • SEC Form SC 13G/A filed

      SC 13G/A - W&T OFFSHORE INC (0001288403) (Subject)

      2/10/21 12:04:08 PM ET
      $WTI
      Oil & Gas Production
      Energy

    W&T Offshore Inc. Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • Stifel resumed coverage on W&T Offshore with a new price target

      Stifel resumed coverage of W&T Offshore with a rating of Buy and set a new price target of $9.10

      10/25/22 6:53:39 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore upgraded by Stifel with a new price target

      Stifel upgraded W&T Offshore from Hold to Buy and set a new price target of $6.90 from $5.10 previously

      10/20/21 6:14:43 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • Roth Capital reiterated coverage on W&T Offshore with a new price target

      Roth Capital reiterated coverage of W&T Offshore with a rating of Buy and set a new price target of $5.50 from $4.50 previously

      7/26/21 9:37:41 AM ET
      $WTI
      Oil & Gas Production
      Energy

    W&T Offshore Inc. Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • EVP,GC and Corporate Secretary Hittner George covered exercise/tax liability with 2,689 shares, decreasing direct ownership by 2% to 110,937 units (SEC Form 4)

      4 - W&T OFFSHORE INC (0001288403) (Issuer)

      5/5/25 9:23:14 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • EVP,GC and Corporate Secretary Hittner George covered exercise/tax liability with 3,272 shares, decreasing direct ownership by 3% to 113,626 units (SEC Form 4)

      4 - W&T OFFSHORE INC (0001288403) (Issuer)

      4/2/25 9:37:15 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • EVP,GC and Corporate Secretary Hittner George covered exercise/tax liability with 3,272 shares, decreasing direct ownership by 3% to 116,898 units (SEC Form 4)

      4 - W&T OFFSHORE INC (0001288403) (Issuer)

      3/4/25 4:42:21 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • New insider Gamblin Huan claimed ownership of 32,083 shares (SEC Form 3)

      3 - W&T OFFSHORE INC (0001288403) (Issuer)

      2/26/25 9:18:57 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • EVP,GC and Corporate Secretary Hittner George covered exercise/tax liability with 3,272 shares, decreasing direct ownership by 3% to 120,170 units (SEC Form 4)

      4 - W&T OFFSHORE INC (0001288403) (Issuer)

      2/4/25 9:49:32 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • EVP & Chief Operating Officer Williford William J covered exercise/tax liability with 8,045 shares and converted options into 18,016 shares, increasing direct ownership by 5% to 207,169 units (SEC Form 4)

      4 - W&T OFFSHORE INC (0001288403) (Issuer)

      1/3/25 5:26:23 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • Chairman, CEO & President Krohn Tracy W converted options into 83,874 shares and covered exercise/tax liability with 37,450 shares, increasing direct ownership by 8% to 628,049 units (SEC Form 4)

      4 - W&T OFFSHORE INC (0001288403) (Issuer)

      1/3/25 5:25:23 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • EVP,GC and Corporate Secretary Hittner George covered exercise/tax liability with 3,272 shares, decreasing direct ownership by 3% to 123,442 units (SEC Form 4)

      4 - W&T OFFSHORE INC (0001288403) (Issuer)

      1/3/25 5:24:23 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • VP & Chief Accounting Officer Hartman Bart P. Iii converted options into 4,074 shares and covered exercise/tax liability with 1,208 shares, increasing direct ownership by 19% to 18,104 units (SEC Form 4)

      4 - W&T OFFSHORE INC (0001288403) (Issuer)

      1/3/25 5:23:38 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • EVP,GC and Corporate Secretary Hittner George covered exercise/tax liability with 6,143 shares, decreasing direct ownership by 5% to 126,714 units (SEC Form 4)

      4 - W&T OFFSHORE INC (0001288403) (Issuer)

      12/3/24 8:41:13 PM ET
      $WTI
      Oil & Gas Production
      Energy

    W&T Offshore Inc. Press Releases

    Fastest customizable press release news feed in the world

    See more
    • W&T Offshore Announces First Quarter 2025 Results and Declares Dividend for Second Quarter of 2025

      HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T," the "Company," "we" or "us") today reported operational and financial results for the first quarter of 2025 and declared a second quarter 2025 dividend of $0.01 per share. This press release includes non-GAAP financial measures, including Adjusted Net Loss, Adjusted EBITDA, Free Cash Flow and Net Debt, which are described and reconciled to the most comparable GAAP measures in the accompanying tables to this press release under "Non-GAAP Information." Key highlights for the first quarter of 2025 and through the date of this press release include: Produced 30.5 thousand barrels of oil equivalent per day ("MBoe

      5/6/25 4:45:52 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Timing of First Quarter 2025 Earnings Release and Conference Call

      HOUSTON, April 25, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) (the "Company") today announced the timing of its first quarter 2025 earnings release and conference call. The Company said it will issue its first quarter 2025 earnings release on Tuesday, May 6, 2025, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Wednesday, May 7, 2025, at 11:00 a.m. Central Time (12:00 p.m. Eastern Time.) Interested parties may participate by dialing (844) 739-3797. International parties may dial (412) 317-5713. Participants should request to be joined to the "W&T Offshore, Inc. Conference Call." This call will also be webca

      4/25/25 6:45:00 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore to Participate in Water Tower Research Fireside Chat on April 7, 2025

      HOUSTON, April 03, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") today announced its participation in a fireside chat with Water Tower Research ("WTR") on Monday, April 7, 2025 at 10:00 AM Central Time. As part of WTR's ongoing Fireside Chat Series, Jeff Robertson, Managing Director at WTR, will lead an in-depth conversation with Tracy Krohn, W&T's Chairman and Chief Executive Officer, to discuss W&T's strategy for creating value in the Gulf of America. A variety of important topics will be covered including: Characteristics of an attractive Gulf of America asset acquisition;Adding value through exploitation and cost management;The production outlook fo

      4/3/25 6:45:00 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Management Promotion

      HOUSTON, March 25, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") today announced the promotion of Huan Gamblin to Executive Vice President and Chief Technical Officer. Mr. Gamblin has over 20 years of energy industry experience. Tracy W. Krohn, Chairman and CEO, commented, "We are very pleased to promote Huan to Executive Vice President and Chief Technical Officer, where he will become an integral part of our executive leadership team. Mr. Gamblin has extensive industry experience and over the past four plus years has taken on more responsibilities at W&T and has been instrumental in our acquisitions strategy. We look forward to Huan's continued contribut

      3/25/25 4:45:00 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Fourth Quarter and Full Year 2024 Results Including Year-End 2024 Proved Reserves, Provides Guidance for 2025 and Declares Dividend for First Quarter of 2025

      HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T," the "Company" or "us") today reported operational and financial results for the fourth quarter and full year 2024, including the Company's year-end 2024 reserve report. Detailed guidance for the first quarter of 2025 and full year 2025 was also provided, and W&T announced its dividend for the first quarter of 2025. This press release includes non-GAAP financial measures, including Adjusted Net Loss, Adjusted EBITDA, Free Cash Flow, Net Debt and PV-10 which are described and reconciled to the most comparable GAAP measures below in the accompanying tables under "Non-GAAP Information." Key highlights f

      3/3/25 4:45:34 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Timing of Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

      HOUSTON, Feb. 19, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. ("W&T" or the "Company") (NYSE:WTI) today announced the timing of its fourth quarter and full year 2024 earnings release and conference call. The Company will issue its fourth quarter and full year 2024 earnings release on Monday, March 3, 2025, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Tuesday morning, March 4, 2025, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time.) Interested parties may participate by dialing (844) 739-3797. International parties may dial (412) 317-5713. Participants should request to be joined to the "W&T Offshore, Inc. Conference C

      2/19/25 4:45:00 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Closing of $350 Million Senior Second Lien Notes Offering And Additional Strengthening of Balance Sheet

      HOUSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T Offshore" or the "Company") today announced the closing, on January 28, 2025, of its previously announced offering of $350 million in aggregate principal amount of 10.750% Senior Second Lien Notes due 2029 (the "Notes") at par in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"), and receipt of proceeds from a previously-announced insurance settlement. In conjunction with the issuance of the Notes, the Company entered into a credit agreement with certain lenders and other parties which provides the Company a revolving credit facility of $50 mi

      1/29/25 6:45:59 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Initial Results of Cash Tender Offer and Consent Solicitation

      HOUSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") announced today the initial results of its previously announced cash tender offer (the "Tender Offer") relating to any and all of its outstanding 11.750% senior second lien notes due 2026 (the "2026 Senior Second Lien Notes") pursuant to its Offer to Purchase and Consent Solicitation dated January 13, 2025 (the "Offer to Purchase"). In conjunction with the Tender Offer, the Company also solicited consents (the "Consent Solicitation") from the holders of the 2026 Senior Second Lien Notes for the adoption of proposed amendments (the "Proposed Amendments"), which, among other things, eliminated s

      1/29/25 6:30:17 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Prices $350 Million Senior Second Lien Notes Offering

      HOUSTON, Jan. 14, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T Offshore" or the "Company") today announced the pricing of its previously announced offering of $350 million in aggregate principal amount of 10.750% senior second lien notes due 2029 (the "Notes") at par in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). The closing of the offering of the Notes is expected to occur on January 28, 2025, subject to customary closing conditions. The Company intends to use the net proceeds of the offering, along with cash on hand, to (i) purchase for cash pursuant to a tender offer, the Company's outstanding

      1/14/25 5:15:05 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Commences Cash Tender Offer and Consent Solicitation

      HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") announced today that it has commenced a cash tender offer (the "Tender Offer") for any and all of the outstanding $275 million aggregate principal amount of its 11.750% Senior Second Lien Notes due 2026 (the "2026 Senior Second Lien Notes"), subject to certain conditions, including the issuance and sale of $350 million in aggregate principal amount of senior second lien notes due 2029 (the "Notes"). In conjunction with the Tender Offer, the Company is also soliciting consents (the "Consent Solicitation") from the holders of the 2026 Senior Second Lien Notes for the adoption of proposed amendm

      1/13/25 1:26:46 PM ET
      $WTI
      Oil & Gas Production
      Energy

    W&T Offshore Inc. Financials

    Live finance-specific insights

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    W&T Offshore Inc. Leadership Updates

    Live Leadership Updates

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    • W&T Offshore Announces First Quarter 2025 Results and Declares Dividend for Second Quarter of 2025

      HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T," the "Company," "we" or "us") today reported operational and financial results for the first quarter of 2025 and declared a second quarter 2025 dividend of $0.01 per share. This press release includes non-GAAP financial measures, including Adjusted Net Loss, Adjusted EBITDA, Free Cash Flow and Net Debt, which are described and reconciled to the most comparable GAAP measures in the accompanying tables to this press release under "Non-GAAP Information." Key highlights for the first quarter of 2025 and through the date of this press release include: Produced 30.5 thousand barrels of oil equivalent per day ("MBoe

      5/6/25 4:45:52 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Timing of First Quarter 2025 Earnings Release and Conference Call

      HOUSTON, April 25, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) (the "Company") today announced the timing of its first quarter 2025 earnings release and conference call. The Company said it will issue its first quarter 2025 earnings release on Tuesday, May 6, 2025, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Wednesday, May 7, 2025, at 11:00 a.m. Central Time (12:00 p.m. Eastern Time.) Interested parties may participate by dialing (844) 739-3797. International parties may dial (412) 317-5713. Participants should request to be joined to the "W&T Offshore, Inc. Conference Call." This call will also be webca

      4/25/25 6:45:00 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Fourth Quarter and Full Year 2024 Results Including Year-End 2024 Proved Reserves, Provides Guidance for 2025 and Declares Dividend for First Quarter of 2025

      HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T," the "Company" or "us") today reported operational and financial results for the fourth quarter and full year 2024, including the Company's year-end 2024 reserve report. Detailed guidance for the first quarter of 2025 and full year 2025 was also provided, and W&T announced its dividend for the first quarter of 2025. This press release includes non-GAAP financial measures, including Adjusted Net Loss, Adjusted EBITDA, Free Cash Flow, Net Debt and PV-10 which are described and reconciled to the most comparable GAAP measures below in the accompanying tables under "Non-GAAP Information." Key highlights f

      3/3/25 4:45:34 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Timing of Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

      HOUSTON, Feb. 19, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. ("W&T" or the "Company") (NYSE:WTI) today announced the timing of its fourth quarter and full year 2024 earnings release and conference call. The Company will issue its fourth quarter and full year 2024 earnings release on Monday, March 3, 2025, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Tuesday morning, March 4, 2025, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time.) Interested parties may participate by dialing (844) 739-3797. International parties may dial (412) 317-5713. Participants should request to be joined to the "W&T Offshore, Inc. Conference C

      2/19/25 4:45:00 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Third Quarter 2024 Results and Declares Dividend for Fourth Quarter of 2024

      HOUSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T," the "Company" or "us") today reported operational and financial results for the third quarter of 2024 and declared a fourth quarter 2024 dividend of $0.01 per share. This press release includes non-GAAP financial measures, including Adjusted Net (Loss) Income, Adjusted EBITDA, Free Cash Flow and Net Debt, which are described and reconciled to the most comparable GAAP financial measures below in the accompanying tables under "Non-GAAP Information." Key highlights for the third quarter of 2024 and through the date of this press release include: Produced 31.0 thousand barrels of oil equivalent per day ("

      11/7/24 4:45:06 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Timing of Third Quarter 2024 Earnings Release and Conference Call

      HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) (the "Company") today announced the timing of its third quarter 2024 earnings release and conference call. The Company said it will issue its third quarter 2024 earnings release on Thursday, November 7, 2024, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Friday morning, November 8, 2024, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time.) Interested parties may participate by dialing (844) 739-3797. International parties may dial (412) 317-5713. Participants should request to be joined to the "W&T Offshore, Inc. Conference Call." This call will als

      10/30/24 6:45:00 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Second Quarter 2024 Results and Declares Dividend for Third Quarter of 2024

      HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") today reported operational and financial results for the second quarter of 2024 and declared a third quarter 2024 dividend of $0.01 per share. This press release includes non-GAAP financial measures, including Adjusted Net Loss, Adjusted EBITDA, Free Cash Flow, Net Debt and PV-10, which are described and reconciled to the most comparable GAAP financial measures below in the accompanying tables under "Non-GAAP Information." Key highlights for the second quarter of 2024 and through the date of this press release include: Produced 34.9 thousand barrels of oil equivalent per day ("MBoe/d"

      8/6/24 5:24:45 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Timing of Second Quarter 2024 Earnings Release and Conference Call

      HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) (the "Company") today announced the timing of its second quarter 2024 earnings release and conference call. The Company said it will issue its second quarter 2024 earnings release on Tuesday, August 6, 2024, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Wednesday morning, August 7, 2024, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time.) Interested parties may participate by dialing (844) 739-3797. International parties may dial (412) 317-5713. Participants should request to be joined to the "W&T Offshore, Inc. Conference Call." This call will als

      8/1/24 4:45:00 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces First Quarter 2024 Results and Declares Dividend for Second Quarter of 2024

      HOUSTON, May 10, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") today reported operational and financial results for the first quarter of 2024 and declared second quarter 2024 dividend of $0.01 per share. This press release includes non-GAAP financial measures, including Adjusted Net (Loss) Income, Adjusted EBITDA, Free Cash Flow and Net Debt, which are described and reconciled to the most comparable GAAP measures below in the accompanying tables under "Non-GAAP Information." Key highlights for the first quarter of 2024 and through the date of this press release include: Completed accretive acquisition of six shallow water Gulf of Mexico ("GOM") fields i

      5/10/24 5:00:39 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Fourth Quarter and Full Year 2023 Results Including Year-End 2023 Proved Reserves, Provides Guidance for 2024, and Declares Dividend for First Quarter of 2024

      HOUSTON, March 05, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") today reported operational and financial results for the fourth quarter and full year 2023, including the Company's year-end 2023 reserve report. Detailed guidance for the first quarter of 2024 and full year 2024 was also provided, and W&T announced its dividend for the first quarter of 2024. This press release includes non-GAAP financial measures, including Adjusted Net (Loss) Income, Adjusted EBITDA, Free Cash Flow, Net Debt and PV-10 which are described and reconciled to the most comparable GAAP measures below in the accompanying tables under "Non-GAAP Information." Key highlights for the

      3/5/24 4:58:07 PM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Appointment of General Counsel

      HOUSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") today announced the appointment of George J. Hittner as Executive Vice President, General Counsel and Corporate Secretary, effective September 1, 2024. Mr. Hittner brings a unique and extensive combination of legal, corporate and legislative experience in both the public and private sectors. Tracy W. Krohn, Chairman and Chief Executive Officer, commented, "We are excited to have George join our executive team at W&T. His twenty-plus years serving as an attorney in law firms, as general counsel, and in government will help continue to propel W&T's strategic goals." Before founding his ow

      9/3/24 6:45:00 AM ET
      $VRRM
      $WTI
      Transportation Services
      Consumer Discretionary
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Addition to Management Team with Vice President of HSE&R

      HOUSTON, Oct. 10, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) (the "Company" or "W&T") today announced the appointment of John Poole to the position of Vice President Health, Safety, Environmental and Regulatory ("HSE&R"). Mr. Poole will assist in W&T continuously building upon its stellar safety and environmental record by applying decades of HSE&R experience in the Gulf of Mexico. He will report to William Williford, W&T's Executive Vice President and Chief Operating Officer. Tracy W. Krohn, Chairman and CEO, commented, "We are very pleased to be adding John as our Vice President of HSE&R, where he will become an important member of our senior leadership team. W&T has a foun

      10/10/23 6:45:00 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Appoints Sameer Parasnis as Executive Vice President and Chief Financial Officer

      HOUSTON, June 22, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") today announced the appointment of Sameer Parasnis to the position of Executive Vice President and Chief Financial Officer, effective July 3, 2023. Mr. Parasnis will report to Tracy Krohn, W&T's Chairman and CEO. Mr. Parasnis has 25 years of financial and operational experience, of which 20 have been in banking. He has advised companies in the Oil & Gas and Energy Transition industry on equity capital markets, debt capital markets and strategic M&A. Prior to joining W&T, Mr. Parasnis served as Managing Director of Stifel Financial Corporation's Energy & Energy Transition team in Houston. He

      6/22/23 6:45:00 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Appointment of General Counsel

      HOUSTON, June 15, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") today announced the appointment of Jonathan Curth to Executive Vice President, General Counsel and Corporate Secretary, effective June 14, 2022. Mr. Curth has extensive legal experience working with public exploration and production ("E&P") companies. Tracy W. Krohn, Chairman and Chief Executive Officer, commented, "We are excited to have Jonathan join our great executive team at W&T. His many years serving as both an attorney with international law firms and as general counsel at public E&P companies, and, in particular, his involvement with acquisitions, capital markets and corporate transa

      6/15/22 6:00:00 AM ET
      $WTI
      Oil & Gas Production
      Energy
    • W&T Offshore Announces Retirement of Steve L. Schroeder and Names Huan Gamblin Vice President of Business Development

      HOUSTON, May 10, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE:WTI) ("W&T" or the "Company") today announced that Stephen L. Schroeder, Senior Vice President and Chief Technical Officer, is retiring effective June 1, 2022. Mr. Schroeder joined W&T in 1998 as a Staff Reservoir Engineer and has since served in a variety of management roles including Production Manager, Vice President of Production, and Senior Vice President and Chief Operating Officer, until assuming his current role in 2012. Prior to W&T, Mr. Schroeder was with Exxon USA for 12 years. Huan Gamblin, who currently serves as Manager of Acquisition and Divestiture, is being promoted to Vice President of Business Developmen

      5/10/22 4:51:42 PM ET
      $WTI
      Oil & Gas Production
      Energy