W&T Offshore, Inc. (WTI)

NYSE: WTI · Real-Time Price · USD

3.710

+0.140 (3.92%)

At close: Aug 31, 2026, 4:00 PM EDT

3.790

+0.080 (2.16%)

Pre-market: Sep 1, 2026, 4:04 AM EDT

W&T Offshore Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	561.87	501.46	525.26	532.66	921	558.01
Revenue Growth	13.75%	-4.53%	-1.39%	-42.16%	65.05%	60.98%
Gross Profit	243.54	176.94	215.6	248.73	661.46	355.51
Operating Income	5.56	-52.8	-42.19	29.49	454.08	187.56
Net Income	-108.57	-150.06	-87.15	15.6	231.15	-41.48
Earnings Per Share	-0.73	-1.01	-0.59	0.11	1.59	-0.29
EPS Growth	-	-	-	-93.30%	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	150.68	140.56	109	173.34	461.36	245.8
Total Debt	353.39	363.61	405.14	402.86	705.59	743.24
Net Cash (Debt)	-202.71	-223.05	-296.13	-229.52	-244.24	-497.44
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.36	-1.50	-2.01	-1.55	-1.68	-3.50

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	88.35	77.24	59.54	115.33	339.53	133.67
Capital Expenditures	-50.53	-49.48	-118.18	-81.61	-95.08	-32.72
Free Cash Flow	37.82	27.76	-58.64	33.72	244.45	100.95
Free Cash Flow Growth	-	-	-	-86.21%	142.16%	15.46%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	43.34%	35.28%	41.05%	46.70%	71.82%	63.71%
Operating Margin	0.99%	-10.53%	-8.03%	5.54%	49.30%	33.61%
Pretax Margin	-8.79%	-19.77%	-18.49%	6.37%	30.92%	-8.88%
Profit Margin	-19.32%	-29.93%	-16.59%	2.93%	25.10%	-7.43%
FCF Margin	6.73%	5.54%	-11.16%	6.33%	26.54%	18.09%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Dividend Per Share	0.040	0.040	0.040	0.010
Dividend Per Share Growth	0%	0%	300.00%	-
Dividend Yield	1.08%	2.47%	2.49%	0.32%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	-	30.63	3.46	-
Forward PE	-	19.46	20.78	17.16	5.81	4.58
P/FCF Ratio	14.81	8.74	-	14.17	3.27	4.55
PS Ratio	1.00	0.48	0.47	0.90	0.87	0.82