Acquire.Explore.Develop.
W&T Offshore is an independent oil and natural gas producer operating in the Gulf of Mexico since 1983.
Quarter Ended Jun 30, 2023
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”);
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;
Generated Adjusted EBITDA of $38.8 million for the second quarter of 2023;
For Fiscal Year Ending Dec 31, 2022
2023 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 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.
Producing fields in federal and state waters
Gross acres in the deepwater
Gross acres on the Gulf of Mexico Shelf
As of June 30, 2023
Year-over-year net sales comparison by product category.
As of Dec. 31, 2022 • 10-K 2022
W&T Offshore, Inc.
5718 Westheimer Road
Suite 700
Houston, TX 77057
T: 713-626-8525
F: 713-626-8527
Al Petrie
Investor Relations Coordinator
T: 713-297-8024
investorrelations@wtoffshore.com
Computershare Investor Services, LLC
33 North LaSalle Street
Suite 1100
Chicago, IL 60602
T: 312-588-4992
www.computershare.com