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MARKETS / NYSE / WTI
NYSE · CRUDE PETROLEUM & NATURAL GAS · MID CAP

W&T Offshore Inc. WTI

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$501.5M
▼ 4.5% YoY
$-150.1M
In brief

What this company does

W&T Offshore, Inc. is an independent oil and natural gas producer with substantially all of its operations offshore in the Gulf of America. As of December 31, 2025, it had approximately 370 employees who conduct its business in Texas, Alabama, Louisiana and the Gulf of America. As of December 31, 2025, it held working interests in 49 offshore producing fields in federal and state waters. In 2025, BP Products North America and Shell Trading (US) Company accounted for 33% and 17%, respectively, of its revenues from sales of oil, NGLs and natural gas. It operates in one reportable segment. It was founded in 1983 by its Chairman and Chief Executive Officer, Tracy Krohn.

Written from the business description in W&T Offshore, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 16 March 2026. Every sentence was checked against that document before publication.

Growth
USD 501.5M
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 0.5 · Net income -0.2
0.4B0.8B-0.4B-0.8B200920112013201520172019202120232025
Compound annual growth
−18.3%
+7.7%
−0.1%
−2.3%
−14.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +7.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−30 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -10.5% · Net -29.9%
20%40%-100%-200%200920112013201520172019202120232025
ROE
FY2023 · ROE 80.3%
50%200920112013201520172019202120232025

Cash & shareholders
USD 6.0M
returned in FY2025 · dividends + net buybacks
Net buybacks $M Dividends $M
FY2025 · Dividends 6.0 · Net buybacks —
40M80M200920102011201220132014202320242025

USD 6.0M in dividends went back to shareholders in a year without profit.

Total assetsUSD 955.8M
EquityUSD -199.8M
CashUSD 140.6M
Gross debtUSD 350.8M
Net debtUSD 210.3M
Current ratio1.02×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.50.50.50.90.60.30.50.60.50.40.50.91.00.91.00.70.6
Operating income $B−0.1−0.00.00.50.20.00.10.20.1−0.3−1.10.10.10.20.30.2−0.2
EBITDA $B0.10.10.10.60.30.10.20.40.2−0.1−0.80.60.60.50.60.40.1
Income tax $B0.1−0.00.00.1−0.0−0.0−0.10.0−0.0−0.0−0.2−0.00.00.00.10.0−0.1
Net income $B−0.2−0.10.00.2−0.00.00.10.20.1−0.2−1.0−0.00.10.10.20.1−0.2
Free cash flow $B·······0.3·········
EPS, diluted $−1.01−0.590.111.59−0.290.260.521.720.56−2.60−13.76−0.160.680.952.291.58−2.51
Dividend / sh $·················
Payout %−4−79········−2591151153451−5
ROE %··80.3········−2.29.513.335.828.0·
Shares out B··0.150.150.140.140.140.140.140.140.080.080.080.080.070.07·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 66 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 10 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityCrude Petroleum & Natural Gas
Listed onNYSE
Incorporated inTexas
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2008

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