8-K Announcements
6Mar 16, 2026·SEC
Mar 9, 2026·SEC
Nov 5, 2025·SEC
W&T Offshore, Inc. (WTI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
W&T Offshore, Inc. (WTI) stock price & volume — 10-year historical chart
W&T Offshore, Inc. (WTI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
W&T Offshore, Inc. (WTI) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 16, 2026 | $0.14vs $0.09-55.6% | $122Mvs $124M-2.0% |
| Q4 2025 | Nov 5, 2025 | $0.05vs $0.12+58.3% | $128Mvs $115M+10.5% |
| Q3 2025 | Aug 4, 2025 | $0.08vs $0.14+42.9% | $122Mvs $125M-1.9% |
| Q2 2025 | May 6, 2025 | $0.13vs $0.14+7.1% | $130Mvs $124M+4.8% |
W&T Offshore, Inc. (WTI) competitors in Offshore focused exploration and production — business model, growth, and fundamentals comparison
W&T Offshore, Inc. (WTI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
W&T Offshore, Inc. (WTI) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 487.1M | 580.71M | 534.9M | 346.63M | 558.01M | 921M | 532.66M | 525.26M | 501.46M |
| Revenue Growth % | 21.78% | 19.22% | -7.89% | -35.2% | 60.98% | 65.05% | -42.17% | -1.39% | -4.53% |
| Cost of Goods Sold | 177.86M | 174.07M | 157.51M | 118.71M | 118.44M | 142.25M | 140.93M | 171.2M | 474.31M |
| COGS % of Revenue | 36.52% | 29.98% | 29.45% | 34.25% | 21.23% | 15.45% | 26.46% | 32.59% | 94.59% |
| Gross Profit | 309.23M▲ 0% | 406.64M▲ 31.5% | 377.38M▼ 7.2% | 227.92M▼ 39.6% | 439.57M▲ 92.9% | 778.75M▲ 77.2% | 391.73M▼ 49.7% | 354.06M▼ 9.6% | 27.15M▼ 92.3% |
| Gross Margin % | 63.48% | 70.02% | 70.55% | 65.75% | 78.77% | 84.55% | 73.54% | 67.41% | 5.41% |
| Gross Profit Growth % | 89.06% | 31.5% | -7.19% | -39.6% | 92.86% | 77.16% | -49.7% | -9.62% | -92.33% |
| Operating Expenses | 203.48M | 213.41M | 258.85M | 227.12M | 249.91M | 324.67M | 362.24M | 396.25M | 79.95M |
| OpEx % of Revenue | 41.77% | 36.75% | 48.39% | 65.52% | 44.79% | 35.25% | 68.01% | 75.44% | 15.94% |
| Selling, General & Admin | 59.74M | 60.15M | 239.39M | 204.6M | 226.98M | 298.16M | 333.22M | 363.88M | 79.95M |
| SG&A % of Revenue | 12.27% | 10.36% | 44.75% | 59.03% | 40.68% | 32.37% | 62.56% | 69.28% | 15.94% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | -4.81M | 3.87M | 19.46M | 22.52M | 22.93M | 26.51M | 29.02M | 32.37M | 0 |
| Operating Income | 109.95M▲ 0% | 247.03M▲ 124.7% | 118.54M▼ 52.0% | 801K▼ 99.3% | 189.66M▲ 23578.2% | 454.08M▲ 139.4% | 29.49M▼ 93.5% | -42.19M▼ 243.1% | -52.8M▼ 25.1% |
| Operating Margin % | 22.57% | 42.54% | 22.16% | 0.23% | 33.99% | 49.3% | 5.54% | -8.03% | -10.53% |
| Operating Income Growth % | 133.26% | 124.67% | -52.02% | -99.32% | 23578.15% | 139.41% | -93.5% | -243.06% | -25.14% |
| EBITDA | 265.63M | 396.88M | 267.03M | 121.08M | 303.11M | 587.71M | 173.19M | 133.21M | 96.98M |
| EBITDA Margin % | 54.53% | 68.34% | 49.92% | 34.93% | 54.32% | 63.81% | 32.51% | 25.36% | 19.34% |
| EBITDA Growth % | 323.3% | 49.41% | -32.72% | -54.66% | 150.33% | 93.89% | -70.53% | -23.09% | -27.19% |
| D&A (Non-Cash Add-back) | 155.68M | 149.85M | 148.5M | 120.28M | 113.45M | 133.63M | 143.69M | 175.4M | 149.79M |
| EBIT | 112.63M | 298.01M | 58.46M | 69.1M | 20.51M | 354.25M | 78.63M | -56.68M | -52.8M |
| Net Interest Income | -45.52M | -48.65M | -59.57M | -61.46M | -70.05M | -69.44M | -44.69M | -40.45M | -36.49M |
| Interest Income | 315K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 45.84M | 48.65M | 59.57M | 61.46M | 70.05M | 69.44M | 44.69M | 40.45M | 36.49M |
| Other Income/Expense | -42.84M | 2.33M | -119.64M | 6.84M | -239.2M | -169.27M | 4.45M | -54.94M | -46.33M |
| Pretax Income | 67.11M▲ 0% | 249.36M▲ 271.6% | -1.11M▼ 100.4% | 7.64M▲ 789.3% | -49.53M▼ 748.6% | 284.81M▲ 675.0% | 33.94M▼ 88.1% | -97.13M▼ 386.2% | -99.14M▼ 2.1% |
| Pretax Margin % | 13.78% | 42.94% | -0.21% | 2.2% | -8.88% | 30.92% | 6.37% | -18.49% | -19.77% |
| Income Tax | -12.57M | 535K | -75.19M | -30.15M | -8.06M | 53.66M | 18.34M | -9.98M | 50.93M |
| Effective Tax Rate % | -18.73% | 0.21% | 6786.46% | -394.83% | 16.27% | 18.84% | 54.05% | 10.28% | -51.37% |
| Net Income | 79.68M▲ 0% | 248.83M▲ 212.3% | 74.09M▼ 70.2% | 37.79M▼ 49.0% | -41.48M▼ 209.8% | 231.15M▲ 657.3% | 15.6M▼ 93.3% | -87.14M▼ 658.7% | -150.06M▼ 72.2% |
| Net Margin % | 16.36% | 42.85% | 13.85% | 10.9% | -7.43% | 25.1% | 2.93% | -16.59% | -29.92% |
| Net Income Growth % | 132% | 212.27% | -70.23% | -48.99% | -209.76% | 657.28% | -93.25% | -658.69% | -72.2% |
| Net Income (Continuing) | 79.68M | 248.83M | 74.09M | 37.79M | -41.48M | 231.15M | 15.6M | -87.14M | -150.06M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.56▲ 0% | 1.79▲ 219.6% | 0.52▼ 70.9% | 0.26▼ 50.0% | -0.29▼ 211.5% | 1.59▲ 648.3% | 0.11▼ 93.1% | -0.59▼ 636.4% | -1.01▼ 71.2% |
| EPS Growth % | 121.54% | 219.64% | -70.95% | -50% | -211.54% | 648.28% | -93.08% | -636.36% | -71.19% |
| EPS (Basic) | 0.56 | 1.79 | 0.52 | 0.26 | -0.29 | 1.61 | 0.11 | -0.59 | -1.01 |
| Diluted Shares Outstanding | 137.62M | 139M | 140.58M | 141.62M | 142.27M | 145.09M | 148.3M | 147.13M | 148.21M |
| Basic Shares Outstanding | 137.62M | 139M | 140.58M | 141.62M | 142.27M | 143.14M | 146.48M | 147.13M | 148.21M |
| Dividend Payout Ratio | - | - | - | - | - | - | 9.4% | - | - |
W&T Offshore, Inc. (WTI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 190.68M | 226.21M | 141.75M | 107.23M | 358.26M | 570.26M | 264.98M | 218.46M | 239.27M |
| Cash & Short-Term Investments | 99.06M | 33.29M | 32.43M | 43.73M | 245.8M | 461.36M | 173.34M | 109M | 140.62M |
| Cash Only | 99.06M | 33.29M | 32.43M | 43.73M | 245.8M | 461.36M | 173.34M | 109M | 140.62M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 78.2M | 116.51M | 78.63M | 49.67M | 64.66M | 80.15M | 69.78M | 89.4M | 84.11M |
| Days Sales Outstanding | 58.6 | 73.23 | 53.65 | 52.3 | 42.3 | 31.76 | 47.81 | 62.12 | 61.22 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 4.56M | 76.41M | 12.51M | 7.53M | 32.02M | 16.14M | 12.5M | 9.91M | 14.54M |
| Total Non-Current Assets | 716.9M | 622.65M | 861.97M | 833.35M | 834.95M | 861.53M | 849.02M | 880.47M | 716.54M |
| Property, Plant & Equipment | 579.02M | 515.42M | 756.73M | 698.39M | 675.85M | 745.58M | 759.57M | 787.79M | 662.08M |
| Fixed Asset Turnover | 0.84x | 1.13x | 0.71x | 0.50x | 0.83x | 1.24x | 0.70x | 0.67x | 0.76x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 2.51M | 5.86M | 7.9M | 4.48M | 5.04M | 11.77M | 13.88M | 15.33M | 24.03M |
| Other Non-Current Assets | 135.37M | 101.37M | 33.42M | 36.16M | 51.55M | 46.89M | 36.8M | 28.55M | 30.39M |
| Total Assets | 907.58M▲ 0% | 848.87M▼ 6.5% | 1B▲ 18.2% | 940.58M▼ 6.3% | 1.19B▲ 26.9% | 1.43B▲ 20.0% | 1.11B▼ 22.2% | 1.1B▼ 1.4% | 955.81M▼ 13.0% |
| Asset Turnover | 0.54x | 0.68x | 0.53x | 0.37x | 0.47x | 0.64x | 0.48x | 0.48x | 0.52x |
| Asset Growth % | 9.38% | -6.47% | 18.24% | -6.29% | 26.86% | 20% | -22.19% | -1.35% | -13.02% |
| Total Current Liabilities | 168.26M | 186.29M | 189.96M | 115M | 324.38M | 792.33M | 216.85M | 246.08M | 234.28M |
| Accounts Payable | 79.67M | 82.07M | 102.34M | 41.3M | 67.41M | 65.16M | 78.86M | 83.63M | 98.41M |
| Days Payables Outstanding | 163.49 | 172.08 | 237.16 | 127 | 207.73 | 167.19 | 204.24 | 178.29 | 75.73 |
| Short-Term Debt | 22.93M | 0 | 0 | 0 | 42.96M | 582.25M | 29.37M | 27.29M | 8.46M |
| Deferred Revenue (Current) | 20.13M | 29M | 29.45M | 19.17M | 36.24M | 0 | 0 | 0 | 59.06M |
| Other Current Liabilities | 35.72M | 62.09M | 38.85M | 38.12M | 152.95M | 117.07M | 82.92M | 105.63M | 68.35M |
| Current Ratio | 1.13x | 1.21x | 0.75x | 0.93x | 1.10x | 0.72x | 1.22x | 0.89x | 1.02x |
| Quick Ratio | 1.13x | 1.21x | 0.75x | 0.93x | 1.10x | 0.72x | 1.22x | 0.89x | 1.02x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.31B | 987.37M | 1.06B | 1.03B | 1.12B | 631.82M | 865.96M | 905.42M | 921.28M |
| Long-Term Debt | 969.13M | 633.53M | 719.53M | 625.29M | 687.94M | 111.19M | 361.24M | 365.94M | 342.36M |
| Capital Lease Obligations | 0 | 0 | 4.42M | 11.36M | 11.23M | 10.53M | 10.8M | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 128K | 113K | 72K | 51K | 0 | 0 |
| Other Non-Current Liabilities | 343.7M | 353.83M | 339.17M | 397.09M | 416.73M | 510.04M | 493.87M | 539.49M | 578.92M |
| Total Liabilities | 1.48B | 1.17B | 1.25B | 1.15B | 1.44B | 1.42B | 1.08B | 1.15B | 1.16B |
| Total Debt | 992.05M | 633.53M | 726.67M | 637.04M | 743.24M | 705.59M | 402.86M | 394.75M | 350.81M |
| Net Debt | 892.99M | 600.24M | 694.24M | 593.31M | 497.44M | 244.24M | 229.52M | 285.74M | 210.19M |
| Debt / Equity | - | - | - | - | - | 92.43x | 12.92x | - | - |
| Debt / EBITDA | 3.73x | 1.60x | 2.72x | 5.26x | 2.45x | 1.20x | 2.33x | 2.96x | 3.62x |
| Net Debt / EBITDA | 3.36x | 1.51x | 2.60x | 4.90x | 1.64x | 0.42x | 1.33x | 2.15x | 2.17x |
| Interest Coverage | 2.46x | 6.13x | 0.98x | 1.12x | 0.29x | 5.10x | 1.76x | -1.40x | -1.45x |
| Total Equity | -573.51M▲ 0% | -324.8M▲ 43.4% | -249.37M▲ 23.2% | -208.29M▲ 16.5% | -247.18M▼ 18.7% | 7.63M▲ 103.1% | 31.19M▲ 308.6% | -52.58M▼ 268.6% | -199.75M▼ 279.9% |
| Equity Growth % | 12.98% | 43.37% | 23.22% | 16.47% | -18.67% | 103.09% | 308.59% | -268.56% | -279.92% |
| Book Value per Share | -4.17 | -2.34 | -1.77 | -1.47 | -1.74 | 0.05 | 0.21 | -0.36 | -1.35 |
| Total Shareholders' Equity | -573.51M | -324.8M | -249.37M | -208.29M | -247.18M | 7.63M | 31.19M | -52.58M | -199.75M |
| Common Stock | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 2K | 2K |
| Retained Earnings | -1.1B | -846.34M | -772.25M | -734.46M | -775.94M | -544.79M | -530.66M | -623.82M | -780.32M |
| Treasury Stock | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M | -24.17M |
| Accumulated OCI | -7.54B | -7.67B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
W&T Offshore, Inc. (WTI) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 159.41M | 321.76M | 232.23M | 108.51M | 133.67M | 339.53M | 115.33M | 59.54M | 77.24M |
| Operating CF Margin % | 32.73% | 55.41% | 43.42% | 31.3% | 23.95% | 36.87% | 21.65% | 11.34% | 15.4% |
| Operating CF Growth % | 1024.17% | 101.85% | -27.83% | -53.27% | 23.19% | 154.01% | -66.03% | -48.37% | 29.74% |
| Net Income | 79.68M | 248.83M | 74.09M | 37.79M | -41.48M | 231.15M | 15.6M | -87.14M | -150.06M |
| Depreciation & Amortization | 155.68M | 149.85M | 148.5M | 120.28M | 113.45M | 133.63M | 143.69M | 175.4M | 149.79M |
| Stock-Based Compensation | 7.19M | 3.54M | 3.69M | 3.96M | 3.36M | 7.92M | 10.38M | 10.19M | 0 |
| Deferred Taxes | 217K | 500K | -64.1M | -30.29M | -8.19M | 45.18M | 18.48M | -10.08M | 50.67M |
| Other Non-Cash Items | -78.5M | -154.84M | 67.9M | -22.59M | 32.78M | -71.13M | -90.68M | 5.5M | 31.58M |
| Working Capital Changes | -4.86M | 73.88M | 2.16M | -651K | 33.75M | -7.22M | 17.85M | -34.33M | -4.74M |
| Change in Receivables | -2.37M | -2.36M | -14.33M | 27.1M | -16.09M | -11.23M | 12.59M | -19.62M | 5.29M |
| Change in Inventory | 36.05M | 19.53M | 0 | 0 | -4.01M | 0 | 0 | 0 | 0 |
| Change in Payables | 10.97M | 40.08M | -11.04M | -41.35M | 46.1M | -12.03M | 10.72M | 26.43M | 23.32M |
| Cash from Investing | -107.11M | -66.39M | -313.81M | -47.62M | -27.44M | -95.08M | -81.61M | -118.18M | 21.86M |
| Capital Expenditures | -130.98M | -122.97M | -325.92M | -21.08M | -32.72M | -93.19M | -81.07M | -118.18M | -49.48M |
| CapEx % of Revenue | 26.89% | 21.18% | 60.93% | 6.08% | 5.86% | 10.12% | 15.22% | 22.5% | 9.87% |
| Acquisitions | 0 | 56.59M | 0 | 0 | 2K | 0 | 0 | 0 | 11.92M |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 23.87M | 56.59M | 12.11M | -26.54M | 5.28M | -1.89M | -535K | 0 | 58.5M |
| Cash from Financing | -23.48M | -321.14M | 80.73M | -49.6M | 100.27M | -28.89M | -321.74M | -8.56M | -69.04M |
| Debt Issued (Net) | -14.43M | -257.19M | 84M | -48.93M | 110.86M | -42.96M | -311.93M | -1.1M | -52.04M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 16.46M | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | -1.47M | -5.9M | -6.01M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -9.05M | -63.95M | -3.27M | -670K | -10.59M | -2.39M | -8.34M | -1.56M | -11M |
| Net Change in Cash | 28.82M▲ 0% | -65.77M▼ 328.2% | -860K▲ 98.7% | 11.29M▲ 1413.1% | 206.49M▲ 1728.5% | 215.56M▲ 4.4% | -288.02M▼ 233.6% | -67.2M▲ 76.7% | 30.07M▲ 144.7% |
| Free Cash Flow | 28.43M▲ 0% | 198.79M▲ 599.3% | -93.7M▼ 147.1% | 87.43M▲ 193.3% | 100.94M▲ 15.5% | 246.34M▲ 144.0% | 34.25M▼ 86.1% | -58.64M▼ 271.2% | 27.76M▲ 147.3% |
| FCF Margin % | 5.84% | 34.23% | -17.52% | 25.22% | 18.09% | 26.75% | 6.43% | -11.16% | 5.54% |
| FCF Growth % | 182.34% | 599.3% | -147.13% | 193.31% | 15.46% | 144.04% | -86.1% | -271.19% | 147.34% |
| FCF per Share | 0.21 | 1.43 | -0.67 | 0.62 | 0.71 | 1.70 | 0.23 | -0.40 | 0.19 |
| FCF Conversion (FCF/Net Income) | 2.00x | 1.29x | 3.13x | 2.87x | -3.22x | 1.47x | 7.39x | -0.68x | -0.51x |
| Interest Paid | 0 | 0 | 0 | 59.18M | 64.81M | 71.13M | 42.13M | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 159K | 152K | 8.2M | 2.39M | 0 | 0 |
W&T Offshore, Inc. (WTI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | - | - | - | - | - | 3027.89% | 80.35% | - | - |
| Return on Invested Capital (ROIC) | -56.58% | 27% | 62.28% | 24.68% | 0.14% | 44.78% | 135.65% | 8.63% | -12.81% | -32.51% |
| Gross Margin | 40.89% | 63.48% | 70.02% | 70.55% | 65.75% | 78.77% | 84.55% | 73.54% | 67.41% | 5.41% |
| Net Margin | -62.26% | 16.36% | 42.85% | 13.85% | 10.9% | -7.43% | 25.1% | 2.93% | -16.59% | -29.92% |
| Debt / Equity | - | - | - | - | - | - | 92.43x | 12.92x | - | - |
| Interest Coverage | -2.25x | 2.46x | 6.13x | 0.98x | 1.12x | 0.29x | 5.10x | 1.76x | -1.40x | -1.45x |
| FCF Conversion | -0.06x | 2.00x | 1.29x | 3.13x | 2.87x | -3.22x | 1.47x | 7.39x | -0.68x | -0.51x |
| Revenue Growth | -21.15% | 21.78% | 19.22% | -7.89% | -35.2% | 60.98% | 65.05% | -42.17% | -1.39% | -4.53% |
W&T Offshore, Inc. (WTI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Mar 16, 2026·SEC
Mar 9, 2026·SEC
Nov 5, 2025·SEC
W&T Offshore, Inc. (WTI) stock FAQ — growth, dividends, profitability & financials explained
W&T Offshore, Inc. (WTI) reported $501.5M in revenue for fiscal year 2025. This represents a 382% increase from $104.0M in 2000.
W&T Offshore, Inc. (WTI) saw revenue decline by 4.5% over the past year.
W&T Offshore, Inc. (WTI) reported a net loss of $150.1M for fiscal year 2025.
Yes, W&T Offshore, Inc. (WTI) pays a dividend with a yield of 0.96%. This makes it attractive for income-focused investors.
W&T Offshore, Inc. (WTI) generated $44.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
W&T Offshore, Inc. (WTI) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates