Acquire.Explore.Develop.
W&T Offshore is an independent oil and natural gas producer operating in the Gulf of Mexico since 1983.
Latest Event
Q1 2020 Financial Results Conference Call
Jun 23, 2020 9:00 am CDT
Latest Financial Results
Q1 2020
Quarter Ended Mar 31, 2020
53,553 Boe/d
Produced 53,553 barrels of oil equivalent per day (“Boe/d”), or 4.9 million Boe (48% liquids), in the first quarter of 2020, near the high end of W&T’s guidance range, reflecting a 61% increase from the first quarter of 2019 and slightly higher than the fourth quarter of 2019
$62.1MM
Generated significant Adjusted EBITDA of $62.1 million for the first quarter of 2020, despite a lower pricing environment
$66.0MM
Reported net income of $66.0 million or $0.46 per share and Adjusted Net Income of $5.8 million or $0.04 per share in the first quarter of 2020
Latest Annual Report
For Fiscal Year Ending Dec 31, 2019
Report Links
Latest Proxy
2020 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 51 producing fields in federal and state waters and has under lease approximately 815,000 gross acres in the Gulf of Mexico, including approximately 595,000 gross acres on the conventional shelf and approximately 220,000 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
51
Producing fields in federal and state waters
220K
Gross acres in the deepwater
595K
Gross acres on the Gulf of Mexico Shelf
As of December 31, 2019 • 10-K 2019
W&T Offshore Production History
Year-over-year net sales comparison by product category.
Oil
6,687
2018
6,675
2019
NGLs
1,307
2018
1,271
2019
Oil and NGLs
7,994
2018
7,946
2019
Natural gas
31,991
2018
41,310
2019
Total Oil Equivalent
13,326
2018
14,831
2019
Total Natural Gas Equivalents
79,956
2018
88,986
2019
As of Dec. 31, 2019 • 10-K 2019
Investor Contact Information
Corporate Office
W&T Offshore, Inc.
Nine Greenway Plaza
Suite 300
Houston, TX 77046
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
2 North LaSalle Street
Chicago, IL 60690
T: 312-360-4990
www.computershare.com