W&T Offshore is an independent oil and natural gas producer operating in the Gulf of Mexico since 1983.
Quarter Ended Mar 31, 2022
Increased average daily production by 2% to 37.8 thousand barrels of oil equivalent per day (“MBoe/d”) (49% liquids), or 3.4 million barrels of oil equivalent (“MMBoe”), in the first quarter of 2022 compared to the prior quarter and at the high end of guidance
Grew Adjusted EBITDA by 37% quarter-over-quarter to $89.7 million for the first quarter of 2022
Reported Adjusted Net Income of $30.3 million or $0.21 per diluted share in the first quarter of 2022
For Fiscal Year Ending Dec 31, 2021
2022 Proxy Statement
For complete information regarding our financials, see our periodic filings
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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 41 producing fields in federal and state waters and has under lease approximately 611,000 gross acres in the Gulf of Mexico, including approximately 424,000 gross acres on the conventional shelf and approximately 187,000 gross acres in the deepwater. A majority of the Company’s daily production is derived from wells it operates.
Producing fields in federal and state waters
Gross acres in the deepwater
Gross acres on the Gulf of Mexico Shelf
As of December 31, 2021
Year-over-year net sales comparison by product category.
As of Dec. 31, 2020 • 10-K 2020
W&T Offshore, Inc.
5718 Westheimer Road
Houston, TX 77057
Director of Investor Relations
Investor Relations Coordinator
Computershare Investor Services, LLC
33 North LaSalle Street
Chicago, IL 60602