WTI - NYSE
W&T Offshore, Inc.
$4.10
+2.0%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. As of December 31, 2021, the company had working interests in 43 fields in federal and state waters; and under lease approximately 606,000 gross acres, including approximately 419,000 gross acres on the Gulf of Mexico Shelf, as well as approximately 187,000 gross acres in the Gulf of Mexico deepwater. W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas.
At a Glance
Live SnapshotW&T Offshore, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Thin margins leave little room for error. Cost management and pricing strategy are critical.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
W&T Offshore, Inc. Income Statement
WTI • NYSE
| W&T Offshore, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
501.5M | 525.3M | 532.7M | 921M | 558M | 346.6M | 534.9M | 580.7M | 487.1M | 400M | 507.3M | 948.7M | 984.1M | 874.5M | 971M | 705.8M | 611M | 1.2B | 1.1B | 800.5M | |
GROSS PROFIT | ||||||||||||||||||||
(474.3M) | (171.2M) | (140.9M) | (142.3M) | (118.4M) | (118.7M) | (177M) | (174.1M) | (177.9M) | (236.4M) | (414.2M) | (538.9M) | (476.2M) | (377M) | (21.2M) | (17.7M) | (219.1M) | (24.8M) | (250.3M) | (127.3M) | |
27.2M | 354.1M | 391.7M | 778.7M | 439.6M | 227.9M | 357.9M | 406.6M | 309.2M | 163.6M | 93M | 409.9M | 507.9M | 497.5M | 949.9M | 688.1M | 391.9M | 1.2B | 863.5M | 673.1M | |
OPERATING INCOME | ||||||||||||||||||||
(80M) | (396.3M) | (362.2M) | (324.7M) | (249.9M) | (227.1M) | (239.4M) | (213.4M) | (203.5M) | (212.1M) | (265.9M) | (351.8M) | (352.7M) | (314.3M) | (620.4M) | (521.3M) | (392.9M) | (2B) | (592.2M) | (343M) | |
(80M) | (363.9M) | (333.2M) | (298.2M) | (227M) | (204.6M) | (239.4M) | (60.1M) | (59.7M) | (59.7M) | (73.1M) | (87M) | (81.9M) | (314.3M) | (74.3M) | (53.3M) | (43M) | (47.2M) | (38.9M) | (42.1M) | |
-52.8M | -42.2M | 29.5M | 454.1M | 189.7M | 801K | 118.3M | 247M | 110M | -330.6M | -1.1B | 62.1M | 146.7M | 169.3M | 329.5M | 166.8M | -219.9M | -807.1M | 249.2M | 317.6M | |
PRE-TAX INCOME | ||||||||||||||||||||
(36.5M) | (40.5M) | (44.7M) | (69.4M) | (70M) | (61.5M) | (59.6M) | (48.6M) | (45.8M) | (92.3M) | (97.3M) | (78.4M) | (75.6M) | (50M) | (42.5M) | (37.7M) | (40.1M) | (34.7M) | (37.1M) | (17.2M) | |
-36.5M | -40.5M | -44.7M | -69.4M | -70M | -61.5M | -59.6M | -48.6M | -45.5M | -84.4M | -97.3M | -78.4M | -75.6M | -50M | -42.5M | -37M | -39.2M | -34.7M | -37.1M | -17.2M | |
(0.0) | (32.4M) | (29M) | (26.5M) | (22.9M) | (22.5M) | -188K | (3.9M) | -4.8M | (6.5M) | -4.7M | (208K) | (9.1M) | (215K) | (548M) | (465M) | (553.8M) | (768M) | (553.4M) | (300.9M) | |
-46.3M | -54.9M | 4.4M | -169.3M | -239.2M | 6.8M | -119.6M | 2.3M | -42.8M | 38.2M | -102M | -78.2M | -66.6M | -49.8M | -65.1M | -37M | -42.2M | -21.3M | -33.5M | -11.3M | |
-99.1M | -97.1M | 33.9M | 284.8M | -49.5M | 7.6M | -1.1M | 249.4M | 67.1M | -292.4M | -1.2B | -16.1M | 80.1M | 119.5M | 264.3M | 129.8M | -262M | -828.5M | 215.8M | 306.4M | |
NET INCOME | ||||||||||||||||||||
(50.9M) | -10M | (18.3M) | (53.7M) | -8.1M | -30.2M | -75.2M | (535K) | -12.6M | -43.4M | -203M | -4.5M | (28.8M) | (47.5M) | (91.5M) | (11.9M) | -74.1M | -269.7M | (71.5M) | (107.3M) | |
-150.1M | -87.1M | 15.6M | 231.1M | -41.5M | 37.8M | 74.1M | 248.8M | 79.7M | -249M | -1B | -11.7M | 51.3M | 72M | 172.8M | 117.9M | -187.9M | -558.8M | 144.3M | 199.1M |
SEC Filings
WTI - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 04, 2026 | June 03, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 23, 2026 | June 03, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 16, 2026 | March 16, 2026 | 2026 | |
10-K 10-K 2025 FY FY | March 16, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 09, 2026 | March 09, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 06, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 05, 2025 | November 05, 2025 | 2025 | |
8-K 8-K 2025 N/A | August 28, 2025 | August 28, 2025 | 2025 |
Related Guides
Continue your WTI research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.