W&T Offshore (WTI)
Produces oil, NGLs, and natural gas from offshore Gulf fields.
$3.77
vs last close+0.12 (+3.15%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 142 | 132 | 141 | 143 | 121 | 120 | 130 | 122 | 128 | 122 | 150 | 163 |
| Cost of revenue | 43 | 40 | 120 | 128 | 40 | 44 | 39 | 118 | 119 | 37 | 111 | 78 |
| Gross profit | 99 | 92 | 21 | 15 | 81 | 76 | 91 | 5 | 9 | 84 | 39 | 84 |
| 82 | 90 | 21 | 21 | 100 | 93 | 100 | 18 | 22 | 104 | 25 | 62 | |
| 82 | 83 | 21 | 21 | 92 | 85 | 91 | 18 | 22 | 95 | 25 | 28 | |
| Selling & marketing | 0 | 0 | −71 | −74 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 82 | 83 | 91 | 95 | 92 | 85 | 91 | 18 | 22 | 95 | 25 | 28 |
| Other expenses | 0 | 7 | 0 | 0 | 8 | 8 | 8 | 0 | 0 | 8 | 0 | 34 |
| Operating income | 17 | 2 | 0 | −6 | −19 | −17 | −8 | −13 | −13 | −19 | 15 | 23 |
| −10 | 0 | −10 | −14 | −23 | −8 | −27 | −10 | −3 | −6 | −35 | −11 | |
| Interest expense | 10 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 9 | 9 |
| Other non-operating income | 0 | −9 | 0 | 4 | 13 | −2 | 17 | 1 | −6 | −3 | 25 | −2 |
| Income before tax | 7 | 1 | −10 | −20 | −41 | −25 | −35 | −23 | −15 | −25 | −20 | 11 |
| Income tax expense | 5 | 2 | 1 | −5 | −5 | −2 | −5 | −2 | 56 | 2 | 3 | −1 |
| Net income from continuing operations | 2 | 0 | −11 | −15 | −37 | −23 | −31 | −21 | −71 | −27 | −23 | 13 |
| Net income | 2 | 0 | −11 | −15 | −37 | −23 | −31 | −21 | −71 | −27 | −23 | 13 |
| EPS, basic | $0.01 | −$0.00 | −$0.08 | −$0.10 | −$0.25 | −$0.16 | −$0.21 | −$0.14 | −$0.48 | −$0.18 | −$0.15 | $0.08 |
| EPS, diluted | $0.01 | −$0.00 | −$0.08 | −$0.10 | −$0.25 | −$0.16 | −$0.21 | −$0.14 | −$0.48 | −$0.18 | −$0.15 | $0.08 |
| Weighted average shares, basic | 146 | 147 | 147 | 147 | 147 | 147 | 148 | 148 | 149 | 149 | 149 | 150 |
| Weighted average shares, diluted | 151 | 147 | 147 | 147 | 147 | 147 | 148 | 148 | 149 | 149 | 149 | 158 |
| EBITDA | 54 | 52 | 42 | 35 | 3 | 31 | 16 | 12 | 22 | 21 | 25 | 50 |
| Depreciation & amortization | 37 | 41 | 42 | 45 | 34 | 46 | 41 | 26 | 29 | 37 | 36 | 26 |
| EBIT | 17 | 11 | 0 | −10 | −31 | −15 | −26 | −14 | −6 | −16 | −11 | 25 |
