W&T Offshore, Inc.
W&T Offshore, Inc. (NYSE: WTI) is an independent oil and natural gas producer headquartered in the Gulf of America with operations exclusively in offshore federal and state waters. The company explores, develops, and produces crude oil, natural gas liquids, and natural gas from properties ranging in water depth from… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What W&T Offshore, Inc. does
In the company’s own words
W&T Offshore, Inc. (NYSE: WTI) is an independent oil and natural gas producer headquartered in the Gulf of America with operations exclusively in offshore federal and state waters. The company explores, develops, and produces crude oil, natural gas liquids, and natural gas from properties ranging in water depth from less than ten feet to approximately 7,300 feet. As of December 31, 2025, W&T Offshore held working interests in 49 offshore producing fields and operated 142 of approximately 200 structures across its portfolio, providing significant operational leverage and cost advantages.
Founded in 1983, the company has developed specialized technical expertise in identifying and developing producing properties on the conventional shelf and in deepwater environments. The company's business model focuses on free cash flow generation through its strong production base and cost optimization initiatives. W&T Offshore pursues a strategy centered on exploiting existing and acquired properties to add reserves and production, exploring for reserves on extensive acreage holdings, acquiring reserves with substantial upside potential at attractive valuations, and maintaining prudent balance sheet management across commodity price cycles.
The company's competitive advantages include its diverse portfolio enabling stacked pay development opportunities, attractive primary production, and recompletion prospects. W&T Offshore utilizes advanced seismic and geoscience tools to execute successful drilling projects and benefits from the Gulf of America's unique characteristics, including high porosity and permeability reservoirs with higher initial production rates relative to other domestic reservoirs. The company's significant inside ownership by management ensures alignment with shareholder interests in maximizing value and mitigating risk.
W&T Offshore operates in a single reportable segment focused on oil and natural gas exploration and production. The company sells its production to third-party customers under short-term contracts typically one year or less, with prices tied to monthly or daily industry indices. The company maintains insurance coverage against certain operating risks and is subject to extensive federal, state, and local environmental, health, and safety regulations governing offshore operations in the Gulf of America.
Company details
- Sector
- Energy
- Industry (SIC)
- Oil & Gas Extraction
- Headquarters
- HOUSTON, TX
- Fiscal year end
- December
- CIK
- 1288403
- SIC
- 1311
Financial performance, year by year
Fiscal 2013–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns W&T Offshore, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · W&T Offshore, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
W&T Offshore, Inc.’s bonds, as funds hold them
Funds report holding 1 issues of W&T Offshore, Inc.’s debt, $55.14M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 10.75%, maturing 2029 to 2029.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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