reports
W&T Offshore Issues 2023 Corporate Sustainabilty Report
W&T Offshore Issues 2023 Corporate Sustainabilty Report HOUSTON, Sept. 19, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced that the Company has issued its 2023 Corporate Environmental, Social, and Governance (“ESG”) report, which is now available on W&T’s website, , under the “Corporate Responsibility” tab. Tracy W. Krohn, Chairman and CEO, commented, “We continue to demonstrate our commitment to a high quality, comprehensive ESG effort by issuing our 2023 ESG report. This is our fourth sustainability report and we continue to make strid...
W&T Offshore Announces Appointment of General Counsel
W&T Offshore Announces Appointment of General Counsel HOUSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced the appointment of George J. Hittner as Executive Vice President, General Counsel and Corporate Secretary, effective September 1, 2024. Mr. Hittner brings a unique and extensive combination of legal, corporate and legislative experience in both the public and private sectors. Tracy W. Krohn, Chairman and Chief Executive Officer, commented, “We are excited to have George join our executive team at W&T. His twenty-plus y...
W&T Offshore Announces Participation in EnerCom Denver Conference
W&T Offshore Announces Participation in EnerCom Denver Conference HOUSTON, Aug. 14, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (the “Company”) (NYSE: WTI) today announced its participation in the EnerCom Denver Conference to be held in Denver, Colorado where Tracy Krohn, Chairman and Chief Executive Officer is scheduled to make a presentation on Monday, August 19th, 2024 at 4:00 pm Mountain Time (5:00 pm Central Time). Senior management will also host one-on-one meetings with investors. The presentation will be webcast live and archived on W&T’s website, , in the “Investors” section u...
W&T Offshore Announces Second Quarter 2024 Results and Declares Divide...
W&T Offshore Announces Second Quarter 2024 Results and Declares Dividend for Third Quarter of 2024 HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the second quarter of 2024 and declared a third quarter 2024 dividend of $0.01 per share. 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 financial measures below in the accompanying tabl...
W&T Offshore Announces Timing of Second Quarter 2024 Earnings Release ...
W&T Offshore Announces Timing of Second Quarter 2024 Earnings Release and Conference Call HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company”) today announced the timing of its second quarter 2024 earnings release and conference call. The Company said it will issue its second quarter 2024 earnings release on Tuesday, August 6, 2024, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Wednesday morning, August 7, 2024, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time.) Interested parties ...
W&T Offshore Announces First Quarter 2024 Results and Declares Dividen...
W&T Offshore Announces First Quarter 2024 Results and Declares Dividend for Second Quarter of 2024 Quarterly Earnings Call Scheduled for Monday, May 13, 2024 HOUSTON, May 10, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter of 2024 and declared second 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 compara...
W&T Announces Addition to its Board of Directors
W&T Announces Addition to its Board of Directors HOUSTON, April 11, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that its Board of Directors (the "Board") voted to expand the size of the Board to six members and appointed Mr. John D. Buchanan to fill the vacancy on the Board effective April 8, 2024. Mr. Buchanan will stand for election in the upcoming annual meeting of shareholders. Mr. Buchanan has more than 30 years of experience as a seasoned oil and gas, commercial and banking attorney. Tracy W. Krohn, W&T’s Board Chair and Chief Ex...
W&T Announces Participation in Water Tower Research Fireside Chat on M...
W&T Announces Participation in Water Tower Research Fireside Chat on March 27, 2024 HOUSTON, March 26, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced its participation in a virtual investor event hosted by Water Tower Research (“WTR”) on Wednesday, March 27, 2024 at 10:00 AM Central. 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 Founder, Chairman and Chief Executive Officer. Included in the discussion will be a variety of importan...
W&T Offshore Announces Liquidity-Enhancing Modifications to the Non-Re...
W&T Offshore Announces Liquidity-Enhancing Modifications to the Non-Recourse Term Loan with Munich Re HOUSTON, March 18, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced modifications to the first-lien non-recourse term loan (the “Term Loan”) between its wholly-owned special purpose vehicles (the “SPVs”) and Munich Re Reserve Risk Financing, Inc. ("MRRF"), which is expected to provide additional liquidity to the Company over 2024 without increasing the Company’s net leverage. The Term Loan was initially arranged on May 19, 2021 (“Closing Dat...
W&T Offshore Announces Participation in 36th Annual Roth Conference
W&T Offshore Announces Participation in 36th Annual Roth Conference HOUSTON, March 11, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (“W&T” or the “Company”) (NYSE: WTI) today announced that the Company is scheduled to participate in the 36th Annual Roth Conference to be held in Dana Point, California from March 17-19, 2024. Tracy W. Krohn, Chairman and Chief Executive Officer and Sameer Parasnis, Executive Vice President and Chief Financial Officer will participate in the Conference and host one-on-one meetings with investors during the event. An updated investor presentation will be poste...
W&T Offshore Announces Fourth Quarter and Full Year 2023 Results Inclu...
W&T Offshore Announces Fourth Quarter and Full Year 2023 Results Including Year-End 2023 Proved Reserves, Provides Guidance for 2024, and Declares Dividend for First Quarter of 2024 HOUSTON, March 05, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the fourth quarter and full year 2023, including the Company’s year-end 2023 reserve report. Detailed guidance for the first quarter of 2024 and full year 2024 was also provided, and W&T announced its dividend for the first quarter of 2024. This press release ...
W&T Offshore Announces Timing of Fourth Quarter and Full Year 2023 Ear...
W&T Offshore Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call as well as Posting of Interview with Chairman and CEO Tracy Krohn on Website HOUSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (“W&T” or the “Company”) (NYSE: WTI) today announced the timing of its fourth quarter and full year 2023 earnings release and conference call. The Company also said it has posted the recording of a recent interview with its Chairman and Chief Executive Officer on its website. W&T said it will issue its fourth quarter and full year 2023 earnings re...
W&T Offshore Announces Closing of Accretive Acquisition of Six Gulf of...
W&T Offshore Announces Closing of Accretive Acquisition of Six Gulf of Mexico Fields HOUSTON, Jan. 22, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced that the Company has completed the accretive acquisition of six fields in shallow waters of the Gulf of Mexico. W&T was the successful bidder for certain synergistic assets in the Gulf of Mexico offered by MLCJR LLC, Cox Oil Offshore, L.L.C., Cox Operating, L.L.C., Energy XXI GOM, LLC, Energy XXI Gulf Coast, LLC, EPL Oil & Gas, LLC and M21K, LLC (collectively, the “Debtors”), as described in ...
W&T Offshore Announces Implementation of Quarterly Cash Dividend
W&T Offshore Announces Implementation of Quarterly Cash Dividend HOUSTON, Nov. 08, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that its Board of Directors has approved the implementation of a quarterly cash dividend payable to holders of its common stock. The initial cash dividend of $0.01 per share of common stock will be payable on December 22, 2023, to shareholders of record at the close of business on November 28, 2023. Tracy W. Krohn, W&T’s Board Chair and Chief Executive Officer, commented, “We have maintained our commitment to a...
W&T Offshore Announces Third Quarter 2023 Results
W&T Offshore Announces Third Quarter 2023 Results HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the third quarter of 2023. This press release includes non-GAAP financial measures, including Adjusted Net Income (Loss), Adjusted EBITDA, Free Cash Flow and Net Debt which are described and reconciled to the most comparable GAAP measures below in the accompanying tables under “Non-GAAP Information.” Key highlights for the third quarter of 2023 include: Maintained strong production of 35....
W&T Offshore Announces Timing of Third Quarter 2023 Earnings Release a...
W&T Offshore Announces Timing of Third Quarter 2023 Earnings Release and Conference Call HOUSTON, Oct. 24, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) today announced the timing of its third quarter 2023 earnings release and conference call. The Company said it will issue its third quarter 2023 earnings release on Tuesday, November 7, 2023, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Wednesday morning, November 8, 2023, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time.) Interested parties may partici...
W&T Offshore Announces Addition to Management Team with Vice President...
W&T Offshore Announces Addition to Management Team with Vice President of HSE&R HOUSTON, Oct. 10, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced the appointment of John Poole to the position of Vice President Health, Safety, Environmental and Regulatory (“HSE&R”). Mr. Poole will assist in W&T continuously building upon its stellar safety and environmental record by applying decades of HSE&R experience in the Gulf of Mexico. He will report to William Williford, W&T’s Executive Vice President and Chief Operating Officer. Tracy W. Krohn, Ch...
W&T Offshore Announces Accretive Acquisition of Producing Properties i...
W&T Offshore Announces Accretive Acquisition of Producing Properties in the Gulf of Mexico HOUSTON, Sept. 21, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced that it has completed the acquisition of working interests in eight shallow water oil and gas producing assets (the “Assets”) in the central and eastern shelf region of the Gulf of Mexico (“GOM”) from an undisclosed private seller. The acquisition has a closing date of September 20, 2023, and an effective date of June 1, 2023. The Assets were acquired for a gross consideration of $32 m...
W&T Offshore Announces Participation in Pareto Securities’ 30th Annual...
W&T Offshore Announces Participation in Pareto Securities’ 30th Annual Energy Conference HOUSTON, Sept. 14, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) today announced its participation in Pareto Securities’ 30th Annual Energy Conference in Oslo, Norway on September 20-21, 2023. Tracy Krohn, W&T’s Chairman and Chief Executive Officer, is scheduled to make a presentation on Wednesday, September 20th, 2023 at noon Oslo time. Senior management will also host one-on-one meetings with investors during the Conference. While the presentation will not be webcast, an updated investor ...
W&T Offshore Announces Management Promotion
W&T Offshore Announces Management Promotion HOUSTON, Sept. 05, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced the promotion of Ford A. Peters to Vice President of Land. Tracy W. Krohn, W&T’s Chairman and CEO, commented, “We are very pleased to promote Ford to Vice President of Land, where he will become an integral part of our senior leadership team. Ford has extensive industry experience and over the past two years has demonstrated the depth of his expertise on a variety of key projects at W&T. We look forward to Ford’s continued contr...
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