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W&T Offshore

WTI

W&T Offshore is an independent oil and natural gas producer focused on the acquisition, exploration, and development of offshore properties in the Gulf of Mexico.

Market cap
$492.45M+84.3%
Revenue$521.6M+1.4%
Net income-$142.0M-33.7%
EPS (diluted)-$0.95-31.9%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$155.8M
EPS estimate-$0.03

Financials

Q1 2026

Income statement

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Revenue$150.0M+15.5%
Operating income$14.6M+278%
Net income-$22.5M+26.3%
EPS (diluted)-$0.15+28.6%

Balance sheet

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Cash & equivalents$130.9M+23.6%
Total debt$353.0M+0.4%
Total equity-$221.8M-168%
Total assets$959.2M-6.4%

Cash flow

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Operating cash flow$2.6M+180%

Valuation & ratios

Valuation

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Market cap$492.45M+84.3%
Enterprise value$714.51M+42.5%
P/S0.9×+0.4×

Profitability

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Operating margin-5.7%-1.7pp
Net margin-27.2%+12.7pp

Returns & leverage

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Current ratio-0.2×

Segments

By product

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Oil And Condensate$90.1M+2.7%
Natural Gas Production$49.9M+42.1%
Natural Gas Liquids Reserves$6.9M+44.8%

Competitors

Profile

W&T Offshore is an independent oil and natural gas producer focused on the acquisition, exploration, and development of offshore properties in the Gulf of Mexico. The company leverages technical expertise in conventional shelf and deepwater environments to identify high-porosity reservoirs with high initial production rates. Its core value proposition centers on a diverse portfolio of stacked pay development and recompletion opportunities managed through advanced seismic and geoscience tools.

Competitive position

A specialized independent operator with significant inside ownership and technical expertise in the Gulf of Mexico, competing against both major integrated oil companies and other independent producers.

GeographiesUnited States, Gulf of Mexico
Customer segmentsEnergy Wholesalers, Industrial Energy Consumers
Business modelExploration and Production (E&P), Asset Acquisition and Development
SuppliersDrilling equipment contractors, Seismic data providers, Geoscience technology providers, Oilfield service providers
CustomersPetroleum refineries, Natural gas pipeline operators, Commodity trading firms
Listed2005
Employees395.0
CEOTracy W. Krohn
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is W&T Offshore's market cap?
W&T Offshore (WTI) has a market capitalization of $492.5M and trades on NYSE.
What is W&T Offshore's revenue and profitability?
W&T Offshore generated $521.6M in trailing twelve-month revenue with a net loss of $142.0M, representing a net margin of -27.2%. These figures are based on the Q1 2026 filing.
Who are W&T Offshore's competitors?
W&T Offshore's key competitors include Murphy Oil Corporation, Chevron Corporation, Talos Energy Inc., and others. These companies compete in similar markets and product categories.
Where is W&T Offshore headquartered?
W&T Offshore is headquartered in United States of America and employs approximately 395 people. It has been publicly traded since 2005.