Acquire.Explore.Develop.
W&T Offshore is an independent oil and natural gas producer operating in the Gulf of Mexico since 1983.
Upcoming Event
2023 Annual Meeting of Shareholders
Jun 14, 2023 8:00 am CDT
Latest Financial Results
Q1 2023
Quarter Ended Mar 31, 2023
32.5 MBoe/d
Reported first quarter 2023 production of 32.5 thousand barrels of oil equivalent per day (“MBoe/d”) (56% liquids), or 2.9 million barrels of oil equivalent (“MMBoe”);
$26.0M
Generated net income of $26.0 million or $0.17 per diluted share in the first quarter of 2023, which includes $39.2 million in net unrealized gain on outstanding derivative contracts;
$43.1M
Reported Adjusted EBITDA of $43.1 million for the first quarter of 2023;
Latest Annual Report
For Fiscal Year Ending Dec 31, 2022
Report Links
Latest Proxy
2023 Proxy Statement
Proxy Links
For complete information regarding our financials, see our periodic filings
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About W&T Offshore, Inc.
W&T Offshore, Inc. is an independent oil and natural gas producer with operations offshore in the Gulf of Mexico and has grown through acquisitions, exploration and development. The Company currently has working interests in 47 producing fields in federal and state waters and has under lease approximately 625,000 gross acres in the Gulf of Mexico, including approximately 466,000 gross acres on the conventional shelf and approximately 159,000 gross acres in the deepwater. A majority of the Company’s daily production is derived from wells it operates.
W&T Offshore At a Glance
47
Producing fields in federal and state waters
159K
Gross acres in the deepwater
458K
Gross acres on the Gulf of Mexico Shelf
As of December 31, 2022
W&T Offshore Production History
Year-over-year net sales comparison by product category.
Oil
4,998
2021
5,602
2022
NGLs
1,450
2021
1,554
2022
Natural gas
44,790
2021
44,808
2022
Total Oil Equivalent
13,913
2021
14,624
2022
Total Natural Gas Equivalents
92,334
2020
83,478
2021
As of Dec. 31, 2022 • 10-K 2022
Investor Contact Information
Corporate Office
W&T Offshore, Inc.
5718 Westheimer Road
Suite 700
Houston, TX 77057
T: 713-626-8525
F: 713-626-8527
Investor Relations
Al Petrie
Investor Relations Coordinator
T: 713-297-8024
investorrelations@wtoffshore.com
Transfer Agent
Computershare Investor Services, LLC
33 North LaSalle Street
Suite 1100
Chicago, IL 60602
T: 312-588-4992
www.computershare.com