reports
W&T Offshore Announces Second Quarter 2025 Results, Declares Dividend ...
W&T Offshore Announces Second Quarter 2025 Results, Declares Dividend for Third Quarter of 2025 and Celebrates 20 Year Anniversary on New York Stock Exchange HOUSTON, Aug. 04, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company,” “we” or “us”) today reported operational and financial results for the second quarter of 2025, declared a third quarter 2025 dividend of $0.01 per share and celebrated 20 years as a public company on the NYSE by ringing the closing bell. This press release includes non-GAAP financial measures, including Adjusted Net Loss, Adjusted EBIT...
W&T Offshore to Ring the Closing Bell at the New York Stock Exchange t...
W&T Offshore to Ring the Closing Bell at the New York Stock Exchange to Commemorate its 20th Anniversary as a Public Company HOUSTON, July 30, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company”) today announced that Tracy Krohn, W&T’s Founder, Chairman, CEO and President will ring the closing bell at the New York Stock Exchange (“NYSE”) on Monday, August 4, 2025, to commemorate the Company’s 20th anniversary as a NYSE-listed company. W&T’s Board of Directors and senior management team will also participate in the ceremony. Live coverage of the event will begin on Monda...
W&T Offshore Announces Timing of Second Quarter 2025 Earnings Release ...
W&T Offshore Announces Timing of Second Quarter 2025 Earnings Release and Conference Call HOUSTON, July 25, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company”) today announced the timing of its second quarter 2025 earnings release and conference call. The Company said it will issue its second quarter 2025 earnings release on Monday, August 4, 2025, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Tuesday, August 5, 2025, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time.) Interested parties may par...
W&T Announces Positive Court Finding Regarding Remaining Surety Provid...
W&T Announces Positive Court Finding Regarding Remaining Surety Provider Claims HOUSTON, June 30, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that U.S. Magistrate Judge Dena Palermo recommended denying two surety companies motions for preliminary injunction, through which they collectively asked for full monetization of over $100 million dollars. The Court found, in relevant part, the sureties failed to demonstrate they would suffer irreparable harm if their cash collateral demands were not granted. Key highlights relating to the r...
W&T Announces Settlement Agreement with Majority of Surety Providers
W&T Announces Settlement Agreement with Majority of Surety Providers HOUSTON, June 17, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that it has come to a settlement agreement with two of its largest surety providers which calls for the dismissal of a previously filed lawsuit. The settlement agreement requires the surety providers to withdraw their current collateral demands, and further provides that the surety providers may not make additional collateral demands or increase premiums through December 31, 2026. Key highlights for the s...
W&T Announces Appointment of Presiding Director for 2025
W&T Announces Appointment of Presiding Director for 2025 HOUSTON, June 10, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that its Board of Directors (the “Board”) appointed Mr. John D. Buchanan as Presiding Director for 2025. He has served in that role since the 2024 Annual General Meeting and will continue as Presiding Director this year. Mr. Buchanan joined the Board in April 2024 and has more than 30 years of experience as a seasoned oil and gas, commercial and banking attorney, in addition to his prior service as a military officer. ...
W&T Offshore Announces First Quarter 2025 Results and Declares Dividen...
W&T Offshore Announces First Quarter 2025 Results and Declares Dividend for Second Quarter of 2025 HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company,” “we” or “us”) today reported operational and financial results for the first quarter of 2025 and declared a second quarter 2025 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 pre...
W&T Offshore Announces Timing of First Quarter 2025 Earnings Release a...
W&T Offshore Announces Timing of First Quarter 2025 Earnings Release and Conference Call HOUSTON, April 25, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company”) today announced the timing of its first quarter 2025 earnings release and conference call. The Company said it will issue its first quarter 2025 earnings release on Tuesday, May 6, 2025, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Wednesday, May 7, 2025, at 11:00 a.m. Central Time (12:00 p.m. Eastern Time.) Interested parties may partici...
W&T Offshore to Participate in Water Tower Research Fireside Chat on A...
W&T Offshore to Participate in Water Tower Research Fireside Chat on April 7, 2025 HOUSTON, April 03, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced its participation in a fireside chat with Water Tower Research (“WTR”) on Monday, April 7, 2025 at 10:00 AM Central Time. As part of WTR’s ongoing Fireside Chat Series, Jeff Robertson, Managing Director at WTR, will lead an in-depth conversation with Tracy Krohn, W&T’s Chairman and Chief Executive Officer, to discuss W&T’s strategy for creating value in the Gulf of America. A variety of impo...
W&T Offshore Announces Management Promotion
W&T Offshore Announces Management Promotion HOUSTON, March 25, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced the promotion of Huan Gamblin to Executive Vice President and Chief Technical Officer. Mr. Gamblin has over 20 years of energy industry experience. Tracy W. Krohn, Chairman and CEO, commented, “We are very pleased to promote Huan to Executive Vice President and Chief Technical Officer, where he will become an integral part of our executive leadership team. Mr. Gamblin has extensive industry experience and over the past four plus y...
W&T Offshore Announces Fourth Quarter and Full Year 2024 Results Inclu...
W&T Offshore Announces Fourth Quarter and Full Year 2024 Results Including Year-End 2024 Proved Reserves, Provides Guidance for 2025 and Declares Dividend for First Quarter of 2025 HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company” or “us”) today reported operational and financial results for the fourth quarter and full year 2024, including the Company’s year-end 2024 reserve report. Detailed guidance for the first quarter of 2025 and full year 2025 was also provided, and W&T announced its dividend for the first quarter of 2025. This pres...
W&T Offshore Announces Timing of Fourth Quarter and Full Year 2024 Ear...
W&T Offshore Announces Timing of Fourth Quarter and Full Year 2024 Earnings Release and Conference Call HOUSTON, Feb. 19, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (“W&T” or the “Company”) (NYSE: WTI) today announced the timing of its fourth quarter and full year 2024 earnings release and conference call. The Company will issue its fourth quarter and full year 2024 earnings release on Monday, March 3, 2025, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Tuesday morning, March 4, 2025, at 9:00 a.m. Central Time (10:00 a....
W&T Offshore Announces Closing of $350 Million Senior Second Lien Note...
W&T Offshore Announces Closing of $350 Million Senior Second Lien Notes Offering And Additional Strengthening of Balance Sheet HOUSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T Offshore” or the “Company”) today announced the closing, on January 28, 2025, of its previously announced offering of $350 million in aggregate principal amount of 10.750% Senior Second Lien Notes due 2029 (the “Notes”) at par in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), and receipt of proceeds from a previo...
W&T Offshore Announces Initial Results of Cash Tender Offer and Consen...
W&T Offshore Announces Initial Results of Cash Tender Offer and Consent Solicitation HOUSTON, Jan. 29, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) announced today the initial results of its previously announced cash tender offer (the “Tender Offer”) relating to any and all of its outstanding 11.750% senior second lien notes due 2026 (the “2026 Senior Second Lien Notes”) pursuant to its Offer to Purchase and Consent Solicitation dated January 13, 2025 (the “Offer to Purchase”). In conjunction with the Tender Offer, the Company also solicited consents (t...
W&T Offshore Prices $350 Million Senior Second Lien Notes Offering
W&T Offshore Prices $350 Million Senior Second Lien Notes Offering HOUSTON, Jan. 14, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T Offshore” or the “Company”) today announced the pricing of its previously announced offering of $350 million in aggregate principal amount of 10.750% senior second lien notes due 2029 (the “Notes”) at par in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The closing of the offering of the Notes is expected to occur on January 28, 2025, subject to customary closing conditi...
W&T Offshore Commences Cash Tender Offer and Consent Solicitation
W&T Offshore Commences Cash Tender Offer and Consent Solicitation HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) announced today that it has commenced a cash tender offer (the “Tender Offer”) for any and all of the outstanding $275 million aggregate principal amount of its 11.750% Senior Second Lien Notes due 2026 (the “2026 Senior Second Lien Notes”), subject to certain conditions, including the issuance and sale of $350 million in aggregate principal amount of senior second lien notes due 2029 (the “Notes”). In conjunction with the Te...
W&T Offshore Announces Proposed Senior Second Lien Notes Offering
W&T Offshore Announces Proposed Senior Second Lien Notes Offering HOUSTON, Jan. 13, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T Offshore” or the “Company”) today announced its intention to offer, subject to market and other conditions, $350 million in aggregate principal amount of senior second lien notes due 2029 (the “Notes”) in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Company intends to use the net proceeds of the offering, along with cash on hand, to (i) purchase for cash pursuant ...
W&T Offshore Provides Updates on Recent Developments
W&T Offshore Provides Updates on Recent Developments HOUSTON, Jan. 08, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today provided operational and financial updates on recent developments. Recently signed a purchase and sale agreement (“PSA”) to sell a non-core interest in Garden Banks Blocks 385 and 386 which included latest net production of approximately 195 barrels of oil equivalent per day (“Boe/d”) (72% oil) for $12.3 million;Announces that the West Delta 73 field, which W&T acquired in January 2024, is expected to come back online by mid-second ...
W&T Offshore Announces Third Quarter 2024 Results and Declares Dividen...
W&T Offshore Announces Third Quarter 2024 Results and Declares Dividend for Fourth Quarter of 2024 HOUSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company” or “us”) today reported operational and financial results for the third quarter of 2024 and declared a fourth quarter 2024 dividend of $0.01 per share. This press release includes non-GAAP financial measures, including Adjusted Net (Loss) Income, Adjusted EBITDA, Free Cash Flow and Net Debt, which are described and reconciled to the most comparable GAAP financial measures below in the accompany...
W&T Offshore Announces Timing of Third Quarter 2024 Earnings Release a...
W&T Offshore Announces Timing of Third Quarter 2024 Earnings Release and Conference Call HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company”) today announced the timing of its third quarter 2024 earnings release and conference call. The Company said it will issue its third quarter 2024 earnings release on Thursday, November 7, 2024, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Friday morning, November 8, 2024, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time.) Interested parties m...
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