Acquire.Explore.Develop.
W&T Offshore is an independent oil and natural gas producer operating in the Gulf of Mexico since 1983.
Latest Events
Pareto Securities’ 30th Annual Energy Conference
Sep 20 – Sep 21, 2023
Barclays CEO Energy-Power Conference
Sep 6, 2023
Latest Financial Results
Q2 2023
Quarter Ended Jun 30, 2023
37.0 MBoe/d
Increased second quarter 2023 production by 14% over production in the first quarter 2023 to 37.0 thousand barrels of oil equivalent per day (“MBoe/d”) (50% liquids), or 3.4 million barrels of oil equivalent (“MMBoe”);
$26.2M
Produced net cash from operating activities of $26.2 million and Free Cash Flow of $9.7 million for the second quarter of 2023, the 22nd consecutive quarter of positive Free Cash Flow;
$38.8M
Generated Adjusted EBITDA of $38.8 million for the second 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 46 producing fields in federal and state waters and has under lease approximately 578,000 gross acres in the Gulf of Mexico, including approximately 425,000 gross acres on the conventional shelf and approximately 153,000 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
46
Producing fields in federal and state waters
153K
Gross acres in the deepwater
425K
Gross acres on the Gulf of Mexico Shelf
As of June 30, 2023
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