WTI
W&T Offshore, Inc.
NYSE · Energy · Oil & Gas Exploration & Production · US
$3.82
−1.80%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 561.9M | 501.5M | 525.3M | 532.7M | 921.0M |
| Cost of Revenue | 344.5M | 142.1M | 171.2M | 140.9M | 142.3M |
| Gross Profit | 217.3M | 359.3M | 354.1M | 391.7M | 778.7M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 169.1M | 378.7M | 363.9M | 333.2M | 298.2M |
| General & Admin Expense | 169.1M | 378.7M | 363.9M | 333.2M | 298.2M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 42.7M | 33.4M | 32.4M | 29.0M | 26.5M |
| Total Operating Expenses | 211.8M | 412.1M | 396.3M | 362.2M | 324.7M |
| Cost and Expenses | 556.3M | 554.3M | 567.5M | 503.2M | 466.9M |
| Operating Income (EBIT) | 5.6M | (52.8M) | (42.2M) | 29.5M | 454.1M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 36.4M | 36.5M | 40.5M | 44.7M | 69.4M |
| Net Interest Income | (36.4M) | (36.5M) | (40.5M) | (44.7M) | (69.4M) |
| Other Non-Op Income/Expense | (54.9M) | (46.3M) | (54.9M) | 4.4M | (169.3M) |
| Non-Operating Income (excl Interest) | 14.1M | 9.8M | 14.5M | (49.1M) | 99.8M |
| EBT (Pre-Tax Income) | (49.4M) | (99.1M) | (97.1M) | 33.9M | 284.8M |
| Income Tax Expense | 59.2M | 50.9M | (10.0M) | 18.3M | 53.7M |
| Bottom Line | |||||
| Net Income | (108.6M) | (150.1M) | (87.1M) | 15.6M | 231.1M |
| Earnings from Cont. Ops | (108.6M) | (150.1M) | (87.1M) | 15.6M | 231.1M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (108.6M) | (150.1M) | (87.1M) | 15.6M | 231.1M |
| Per Share | |||||
| Basic EPS | ($0.73) | ($1.01) | ($0.59) | $0.11 | $1.61 |
| Diluted EPS | ($0.73) | ($1.01) | ($0.59) | $0.11 | $1.59 |
| Revenue Per Share | $3.75 | $3.38 | $3.57 | $3.64 | $6.43 |
| Shares | |||||
| Basic Shares Outstanding | 149.7M | 148.2M | 147.1M | 146.5M | 143.1M |
| Diluted Shares Outstanding | 157.7M | 148.2M | 147.1M | 148.3M | 145.1M |
| Profitability Metrics | |||||
| EBITDA | 118.2M | 87.1M | 118.7M | 222.3M | 487.9M |
| D&A | 126.7M | 149.8M | 175.4M | 143.7M | 133.6M |
| EBIT | (8.6M) | (62.6M) | (56.7M) | 78.6M | 354.3M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026