Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
-0.18%
$3.24
78% positive prob.
5-Day Prediction
+5.17%
$3.42
78% positive prob.
20-Day Prediction
+4.21%
$3.39
75% positive prob.
| Quarter | Signal | 1D Return | 5D Return | 20D Return | Confidence | Actual 5D |
|---|---|---|---|---|---|---|
| Q2 2026 | BUY | -0.18% | +5.17% | +4.21% | 57.0% | +13.23% |
| Q1 2026 | BUY | +0.17% | +5.18% | +6.58% | 100.0% | +16.49% |
| Q4 2025 | SELL | -3.71% | -6.82% | -4.53% | 100.0% | Pending |
| Q3 2025 | SELL | -4.08% | -7.43% | -4.08% | 100.0% | -2.56% |
SEC 8-K filings with transcript text
Aug 5, 2026 · 57% conf.
1D
-0.18%
$3.24
Act: +2.77%
5D
+5.17%
$3.42
Act: +13.23%
20D
+4.21%
$3.39
2 wti-20260805xex99d1.htm
Exhibit 99.1
W&T Offshore Announces Second Quarter 2026 Results and
Declares Dividend for Third Quarter of 2026
HOUSTON, August 5, 2026 – W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company,” “we” or “us”) today reported operational and financial results for the second quarter of 2026 and declared a third quarter 2026 dividend of $0.01 per share.
This press release includes non-GAAP financial measures, including Adjusted Net Income (Loss), Adjusted EBITDA, Free Cash Flow, Adjusted General and Administrative Expenses and Net Debt, which are reconciled to the most comparable GAAP measures in the accompanying tables to this press release under “Non-GAAP Information.”
Second Quarter 2026 Highlights
●Produced 34.7 thousand barrels of oil equivalent per day (“MBoe/d”) (49% liquids), at the midpoint of the Company’s guidance and up 3% from the same period in 2025;
●Incurred $71.6 million in lease operating expenses, below the lower end of guidance;
●Reported net income of $12.6 million, or $0.08 per diluted share, up significantly from a net loss of $22.5 million, or $(0.15) per diluted share, in the first quarter of 2026;
●Adjusted Net Income totaled $3.5 million, or $0.02 per diluted share, compared with an Adjusted Net Loss of $5.1 million, or $(0.03) per diluted share, in the first quarter of 2026;
●Increased Free Cash Flow by 50% to $31.4 million compared with $21.0 million in the first quarter of 2026;
●Generated Adjusted EBITDA of $54.4 million, with $108.9 million of Adjusted EBITDA generated in the first half of 2026;
●Adjusted General and Administrative Expenses decreased 5% to $16.4 million compared with $17.4 million in the first quarter of 2026;
●Grew unrestricted cash and cash equivalents 15% to $150.7 million from $130.9 million at March 31, 2026, which resulted in a 9% decrease in Net Debt to $200.9 million from $220.3 million at March 31, 2026;
●Ended the second quarter of 2026 with total available liquidity of $194.1 million, which positions the Company well to pursue organic growth initiatives and acquisition opportunities;
●As the previously disclosed surety lawsuits continue to progress, W&T is working with damages experts to quantify our claims. While the results of the surety lawsuits remain uncertain, and there can be no assurance of a successful result, management believes, based in part on the preliminary report of the damages experts, that the Company, assuming we prevail in the litigation (including on our antitrust claims), would possibly have claims against the sureties that could reach hundreds of millions of dollars, and these damages would be statutorily trebled. This estimate reflects management's current assessment and may change as the damages analysis and litigation proceed;
●Paid 11th consecutive quarterly dividend of $0.01 per share on May 18, 2026 and declared a quarterly dividend of $0.01 per share for the third quarter of 2026, payable on August 26, 2026 to shareholders of record on August 19, 2026.
1
Management Commentary
Tracy W. Krohn, W&T’s Chairman of the Board and Chief Executive Officer, commented, “The second quarter of 2026 was another successful quarter of operational and financial results, with Adjusted EBITDA of $54.4 million, and Free Cash Flow of $31.4 million. In the first half of 2026, we generated almost $110 million of Adjusted EBITDA, and over $50 million in Free Cash Flow, all while decreasing our Net Debt position. We continue to strengthen our balance sheet, while adding financial flexibility that should allow us to continue to evaluate accretive acquisition opportunities. Acquisitions remain a key component of our success, and it is our ability to integrate and enhance the assets that we acquire that has allowed us to grow reserves and production over the past 40 years.
Operationally, we reported production at the midpoint of our guidance range and benefited from strong realized pricing in the second quarter. Our average realized price per BOE was up 11% compared to the first quarter of 2026. Additionally, our LOE costs were below the low end of our guidance range, which demonstrates our commitment to cost efficient operations. With consistent production, increasing realized pricing and continued cost control, we believe that we are well positioned operationally and financially to deliver robust results in the second half of 2026. I believe the market is beginning to reflect our strong results in our increased share price, but with the Free Cash Flow generation and our continued commitment to dividends, I believe that we are still significantly undervalued. We remain committed to operational excellence, enhancing shareholder value and believe that W&T is on the right path for success well into the future.”
Second Quarter 2026 Results
Key Financial Highlights
May 7, 2026 · 100% conf.
1D
+0.17%
$3.83
Act: -3.01%
5D
+5.18%
$4.02
Act: +16.49%
20D
+6.58%
$4.07
Act: -3.14%
2 wti-20260507xex99d1.htm
Exhibit 99.1
W&T Offshore Announces First Quarter 2026 Results and
Declares Dividend for Second Quarter of 2026
HOUSTON, May 7, 2026 – W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company,” “we” or “us”) today reported operational and financial results for the first quarter of 2026 and declared a second quarter 2026 dividend of $0.01 per share.
This press release includes non-GAAP financial measures, including Adjusted Net Loss, Adjusted EBITDA, Free Cash Flow and Net Debt, which are described and reconciled to the most comparable GAAP measures in the accompanying tables to this press release under “Non-GAAP Information.”
Key highlights for the first quarter of 2026 and through the date of this press release include:
●Produced 36.2 thousand barrels of oil equivalent per day (“MBoe/d”) (53% liquids), towards the high end of guidance;
●Grew production 19% compared to the first quarter of 2025, and kept production flat with fourth quarter of 2025, despite adverse weather conditions in the first quarter of 2026;
●Reduced lease operating expenses (“LOE”) to $66.1 million, below the midpoint of guidance, and reduced LOE per Boe by 22% from $25.88 in the first quarter of 2025 to $20.29 in the first quarter of 2026;
●Reported net loss of $22.5 million, or $(0.15) per diluted share, compared with a net loss of $27.1 million, or $(0.18) per diluted share, in the fourth quarter of 2025;
●Adjusted Net Loss, which primarily excludes net unrealized loss on outstanding derivative contracts and other costs and the related tax effect, totaled $0.7 million, or $(0.00) per diluted share, compared with Adjusted Net Loss of $20.5 million, or $(0.14) per diluted share, in the fourth quarter of 2025;
●Increased Adjusted EBITDA by 137% to $54.5 million compared to the fourth quarter of 2025;
●Generated $21.0 million in Free Cash Flow, a significant improvement from $(11.2) million of Free Cash Flow in the fourth quarter of 2025;
●Reported unrestricted cash and cash equivalents of $130.9 million and Net Debt of $220.3 million at March 31, 2026;
●Paid tenth consecutive quarterly dividend of $0.01 per common share in March 2026; and
●Declared second quarter 2026 dividend of $0.01 per share, which will be payable on May 28, 2026 to stockholders of record on May 21, 2026.
Tracy W. Krohn, W&T’s Chairman of the Board and Chief Executive Officer, commented, “We are pleased to report another strong quarter of operational and financial results, with Adjusted EBITDA of approximately $55 million, an increase of 137% compared to the fourth quarter of 2025. We reported production toward the high end of our guidance range and flat compared to the fourth quarter of 2025, despite some adverse weather impacts in early 2026. We were also able to lower our base LOE costs. We continue to capture cost savings and synergies from previous acquisitions. Additionally, we saw improved realizations for oil and natural gas compared with the fourth quarter of 2025 and our oil price realized in March of 2026 was $88.61 per barrel. With consistent production, increasing realized pricing and continued cost control, we believe that we are well positioned operationally and financially to deliver robust results in 2026, while we examine accretive acquisition opportunities. Acquisitions remain a key component of our success, and it is our ability to integrate and enhance the assets that we acquire that has allowed us to grow reserves and production over the past 40 years. Our strategy is clear and our ability to execute it can be seen in our results. I believe the market is beginning to reflect our strong results in our increased share price.
1
We remain committed to operational excellence, enhancing shareholder value and believe that W&T is on the right path in 2026 and beyond.”
Production, Prices and Revenue: Production for the first quarter of 2026 was 36.2 MBoe/d, towards the high end of the Company’s first quarter guidance, flat compared with 36.2 MBoe/d for the fourth quarter of 2025 and up 19% compared with 30.5 MBoe/d for the corresponding period in 2025. Despite the inclement weather impact, production was flat compared to fourth quarter 2025. First quarter 2026 production was impacted by freezing conditions in January 2026, but not to the same degree as in January 2025. First quarter 2026 production was comprised of 14.4 thousand barrels per day (“MBbl/d”) of oil (40%), 4.7 MBbl/d of natural gas liquids (“NGLs”) (13%), and 102.5 million cubic feet per day (“MMcf/d”) of natural gas (47%).
W&T’s average realized price per Boe before realized derivative settlements was $45.08 per Boe in the first quarter of 2026, an increase of 26% from $35.88 per Boe in the fourth quarter of 2025 and a decrease of 3% from $46.50 per Boe in the first quarter of 2025. First quarter 2026 oil, NGL a
Mar 16, 2026 · 100% conf.
1D
-3.71%
$3.02
Act: -12.14%
5D
-6.82%
$2.92
20D
-4.53%
$2.99
2 wti-20260316xex99d1.htm
Exhibit 99.1
W&T Offshore Announces Final Fourth Quarter and Full Year 2025 Results,
Including Year-End 2025 Proved Reserves and
Provides Guidance for 2026
HOUSTON, March 16, 2026 – W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company,” “we” or “us”) today reported final operational and financial results for the fourth quarter and full year 2025, including the Company’s year-end 2025 reserve report. Detailed guidance for the first quarter of 2026 and full year 2026 was also provided. The Company issued Preliminary Estimated Financial Information for the Year Ended December 31, 2025 in a Form 8-K filed with the Securities and Exchange Commission on March 9, 2026.
This press release includes non-GAAP financial measures, including Adjusted Net Loss, Adjusted EBITDA, Free Cash Flow, Net Debt and PV-10, which are described and reconciled to the most comparable GAAP measures in the accompanying tables to this press release under “Non-GAAP Information.”
Key highlights for the fourth quarter of 2025, the full year 2025 and since year-end 2025 include:
●Grew production in full year 2025 to 34.0 thousand barrels of oil equivalent per day (“MBoe/d”) (50% liquids), or 12.4 million barrels of oil equivalent (“MMBoe”), within the Company’s guidance;
●Increased production in fourth quarter of 2025 to 36.2 MBoe/d (52% liquids), above the midpoint of guidance, with average December production of 37.7 MBoe/d;
●Completed all production enhancements and brought online all fields associated with the Cox acquisition;
●Reported year-end 2025 proved reserves at SEC pricing of 121.0 MMBoe, with a standardized measure of discounted future net cash flows of $651.3 million and a present value of estimated future oil and natural gas revenues, minus direct expenses, discounted at a 10% annual rate (“PV-10”) of $1.1 billion;
●Reported PV-10 of proved developed producing (“PDP”) reserves of $829.2 million for year-end 2025 compared with PV-10 of PDP reserves of $549.8 million for year-end 2024 PDP;
●Incurred lease operating expenses (“LOE”) of $298.8 million in full year 2025, near the midpoint of W&T’s guidance;
●Reduced LOE per barrel of oil equivalent (“Boe”) by 4% in the fourth quarter of 2025 compared with third quarter of 2025, or an absolute cost of $74.6 million for the fourth quarter, below the midpoint of guidance;
●Invested $54.8 million in capital expenditures in 2025, below the bottom end of the Company’s guidance range, with investments focused on production enhancement projects;
●Spent $19.8 million on capital expenditures to develop an alternative route for production from the West Delta 73 field. The investment is expected to generate more than $60 million of undiscounted incremental cash flow based on 1P reserve volumes by reducing pipeline transportation costs beginning in the first quarter of 2026. Had this arrangement been in place during 2025, W&T would have realized savings in excess of $5.75 per barrel;
●Continued to strengthen the Company’s balance sheet and improve financial stability;
●Increased unrestricted cash and cash equivalents by $31.6 million to $140.6 million at year-end 2025 compared with $109.0 million at year-end 2024;
●Reduced total debt and Net Debt to $350.8 million and $210.3 million, respectively, at December 31, 2025 from total debt and Net Debt of $393.2 million and $284.2 million at December 31, 2024;
1
●Generated net cash from operating activities of $25.9 million in the fourth quarter of 2025 and $77.2 million for the full year 2025;
●Reported net loss for full year 2025 of $150.1 million, or $(1.01) per diluted share and fourth quarter 2025 net loss of $27.1 million, or $(0.18) per diluted share;
●Reported Adjusted Net Loss for full year 2025 of $55.1 million, or $(0.37) per diluted share and fourth quarter 2025 Adjusted Net Loss of $20.5 million, or $(0.14) per diluted share;
●Generated Adjusted EBITDA of $129.6 million and $23.0 million for full year 2025 and fourth quarter 2025, respectively;
●Added oil hedges in January 2026 and February 2026 including:
●Costless collar for 2,000 Bbls/d for March 2026 through December 2026, with a floor price of $55.35 per Bbl and a ceiling price of $68.60 per Bbl;
●Costless collar for 2,000 Bbls/d for March 2026 through December 2026, with a floor price of $57.00 per Bbl and a ceiling price of $70.20 per Bbl;
●Swap for 2,000 Bbls/d for April 2026 through December 2026 with a price of $64.53 per Bbl;
●Paid ninth consecutive quarterly dividend of $0.01 per common share in November 2025; and
●Declared first quarter 2026 dividend of $0.01 per share, which will be payable on March 26, 2026 to stockholders of record on March 19, 2026.
Tracy W. Krohn, W&T’s Chairman of the Board and Chief Executive Officer, commented, “We continue to deliver strong results by executing
This page provides W&T Offshore Inc. (WTI) earnings call transcripts from SEC 8-K filings along with AI-powered predictions for post-earnings price movements. Our machine learning models analyze historical earnings data, pre-earnings price patterns, volume changes, and volatility to predict 1-day, 5-day, and 20-day returns after each earnings release.
Earnings transcripts are sourced directly from SEC EDGAR filings. Predictions are generated using gradient boosting models trained on WTI's historical earnings reactions. All predicted returns are shown as percentages, and predicted prices are calculated from the closing price at the time of prediction. Past performance does not guarantee future results.