W&T Offshore

W&T Offshore, Inc. engages in the production, exploration, development, and acquisition of oil and natural gas properties. It focuses its operations in the Gulf of Mexico. The company was founded by Tracy W. Krohn in 1983 and is headquartered in Houston, TX.

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W&T Offshore reports robust 2022 performance and eyes growth opportunities

W&T Offshore had a successful year, marked by financial strength, production growth, debt reduction, and strategic acquisitions, positioning the company for continued success.
While challenges in production maintenance and market competition exist, the company's focus on ESG, free cash flow generation, and flexibility for growth present promising opportunities.
By balancing operational strategies, reserve replacement, and ESG initiatives, W&T Offshore aims to navigate challenges and leverage opportunities for sustainable growth and value creation.

W&T Offshore reports strong Q1 earnings, focuses on growth opportunities

W&T Offshore's Q1 2023 performance reflects resilience amidst production challenges, with a strong financial position and focus on ESG initiatives.
Debt reduction efforts and strategic CapEx planning position the company for growth opportunities and operational efficiency in 2023.
Addressing challenges in production optimization, debt management, and strategic planning for drilling and carbon capture present areas for continued focus.
Overall, W&T Offshore's strategic initiatives and financial performance indicate a promising outlook for continued success in 2023.

W&T Offshore excels in Q2 2023, eyes growth amid challenges

W&T Offshore's Q2 2023 performance reflects financial strength, operational excellence, and strategic focus on free cash flow generation. Despite challenges from pricing volatility and inflation, the company remains well-positioned to capitalize on growth opportunities.

W&T Offshore reports robust Q3 performance and eyes growth opportunities

W&T Offshore delivered a strong performance in Q3 2023, showcasing financial resilience and operational excellence amidst industry challenges.
The company's strategic focus on cash flow generation, production maintenance, and acquisitions positions them well for future growth and value creation.
While facing challenges in production optimization and cost management, W&T Offshore remains proactive in addressing industry dynamics and pursuing growth opportunities.

W&T Offshore reports robust 2023 earnings, eyes Gulf of Mexico growth

W&T Offshore delivered solid financial performance in 2023, driven by strong production levels and strategic initiatives to enhance cash flow and reduce debt.
Despite operational challenges and questions from analysts, the company's focus on acquisitions, operational excellence, and financial discipline positions them for sustainable growth.
With a clear focus on maximizing cash flow potential and pursuing accretive acquisitions, W&T Offshore remains well-positioned to capitalize on opportunities in the Gulf of Mexico basin.

W&T Offshore reports strong Q2 results, eyes growth opportunities

W&T Offshore (WTI) showcased robust performance in Q2 2024, emphasizing operational excellence and financial resilience. Despite challenges like production adjustments and acquisition impacts, the company remains focused on optimizing operations and pursuing growth opportunities through strategic ventures. Shareholders can look forward to a promising future based on the company's strong fundamentals and positive outlook.

W&T Offshore (WTI) reports resilient Q3 performance and growth opportunities

W&T Offshore (WTI) navigated challenges in Q3, focusing on cost management and operational optimization to drive financial stability.
Despite production disruptions, the company maintained strong free cash flow, reduced debt, and improved cash position, bolstering investor confidence.
Future opportunities lie in increasing production, optimizing operations, and leveraging governance and ESG commitments for sustainable growth.
Strategic investments and a disciplined approach position W&T Offshore (WTI) for continued performance improvement and value creation.

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W&T (WTI) reported earnings 30 days ago. What's next for the stock?

Why Is W&T (WTI) Up 47.5% Since Last Earnings Report?

W&T Offshore (WTI) wins two lease blocks in the Gulf of Mexico lease sale for an investment worth $518,000 and a five-year lease term.

W&T Offshore (WTI) Bids High on 2 Gulf of Mexico Offshore Blocks

HOUSTON, Nov. 24, 2020 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company was the apparent high bidder on two blocks in the Gulf of Mexico Lease Sale 256 held by the Bureau of Ocean Energy Management ("BOEM") on November 18, 2020. W&T will also be participating in two upcoming investor conferences.

W&T Offshore Apparent High Bidder on Two Gulf of Mexico Blocks in Lease Sale 256 and Announces Participation in Upcoming Investor Conferences

W&T Offshore (WTI) expects to consolidate Mobile Bay natural gas treatment plants by fourth quarter-end, which is likely to result in significant cost savings.

W&T Offshore (WTI) Up 8.6% Since Q3 Earnings Beat on Lower Costs

W&T Offshore, Inc. (WTI) CEO Tracy Krohn on Q3 2020 Results - Earnings Call Transcript

W&T (WTI) delivered earnings and revenue surprises of 41.67% and 5.37%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

W&T Offshore (WTI) Reports Q3 Loss, Tops Revenue Estimates

HOUSTON, Nov. 04, 2020 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the third quarter 2020.

W&T Offshore Announces Third Quarter 2020 Results

W&T Offshore (WTI) decreases spending in early-2020 to ensure free cash flow generation.

Hold on to W&T Offshore, Here's Why We Think It'll Grow

W&T Offshore's (WTI) third-quarter production volumes, hurt by five hurricanes, are likely to be in the range of 32,500-33,900 Boe/d.

W&T Offshore's (WTI) Q3 Production Hurt by Hurricane Season

HOUSTON, Sept.  08, 2020  (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company will participate in Barclays CEO Energy-Power Conference that will be held virtually this year on September 8-10.

W&T Offshore Announces Participation in Barclays CEO Energy-Power Conference

Why Is W&T (WTI) Down 12.6% Since Last Earnings Report?

Higher oil equivalent production volumes and lower lease operating expenses aid W&T Offshore's (WTI) Q2 earnings.

W&T Offshore (WTI) Gains Marginally Since Q2 Earnings Beat

W&T Offshore, Inc. (WTI) CEO Tracy Krohn on Q2 2020 Results - Earnings Call Transcript

HOUSTON, Aug.  05, 2020  (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the second quarter 2020.

W&T Offshore Announces Second Quarter 2020 Results

W&T (WTI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will W&T (WTI) Beat Estimates Again in Its Next Earnings Report?

HOUSTON, July  31, 2020  (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) today announced the timing of its second quarter 2020 earnings release and conference call.

W&T Offshore Announces Timing of Second Quarter 2020 Earnings Release and Conference Call

Why Is W&T (WTI) Up 3.5% Since Last Earnings Report?

  W&T Offshore Inc (NYSE:WTI) was trading 1.4% lower from the previous closing price.

Insider Buys W&T Offshore's Stock

HOUSTON, June  30, 2020  (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that it has posted an updated investor presentation to its web site, www.wtoffshore.com.  It can be found in the “Investors” section of W&T’s web site under “Presentations.”

W&T Offshore Announces Updated Investor Presentation Has Been Posted to Its Web Site

W&T Offshore's (WTI) improving balance sheet strength amid current market volatility is commendable.

Here's Why You Should Hold on to W&T Offshore (WTI) Now

W&T Offshore, Inc. (WTI) CEO Tracy Krohn on Q1 2020 Results - Earnings Call Transcript

W&T Offshore's (WTI) first-quarter earnings are supported by higher oil equivalent production volumes and lower lease operating expenses.

W&T Offshore (WTI) Q1 Earnings Beat on Higher Production

HOUSTON, June  22, 2020  (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter 2020.

W&T Offshore Announces First Quarter 2020 Results

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