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W&T Offshore WTI Interest Expense

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Other financials

Income statement

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Revenue$162.6M+32.9%
Operating income$22.6M+276%
Net income$12.6M+160%
EPS (diluted)$0.08+157%

Balance sheet

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Cash & equivalents$150.7M+24.8%
Total debt$353.4M+0.5%
Total equity-$196.2M-91.0%
Total assets$959.5M-6.3%

Cash flow

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Operating cash flow$33.3M+19.2%

Valuation

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Market cap$576.6M+126%
Enterprise value$779.31M+60.3%
P/S+0.5×

Profitability

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Operating margin1%+0.5pp
Net margin-19.3%-2.5pp

Returns & leverage

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Return on equity-165.9%
Debt / equity78.6×+62.3×
Current ratio1.2×0.0×

Where this comes from

Reported directly by W&T Offshore in its filing.

Tagged under the XBRL concept us-gaap:InterestIncomeExpenseNonoperatingNet.

The source filing: W&T Offshore’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 5:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091281
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
General and administrative expenses27,50817,67052,34137,827
Total operating expenses139,990135,220275,373273,331
Operating income (loss)22,629(12,853)37,265(21,097)
Interest expense, net9,2319,00518,41718,497
Loss on extinguishment of debt15,015
Derivative loss (gain), net1,917(12,047)26,430(9,290)
Other expense, net28713,4551,11813,139
Income (loss) before income taxes11,194(23,266)(8,700)(58,458)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is W&T Offshore's interest expense?
W&T Offshore (WTI) reported interest expense of -$9.23M in Q2 2026.
How has W&T Offshore's interest expense changed year-over-year?
W&T Offshore's interest expense decreased by 2.5% year-over-year, from -$9.01M to -$9.23M.
What is the long-term trend for W&T Offshore's interest expense?
Over 4 years (2021 to 2025), W&T Offshore's interest expense has grown at a -15.0% compound annual growth rate (CAGR), from $70.05M to -$36.5M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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