W&T Offshore, Inc. Quarterly report pursuant to Section 13 or 15(d)

EARNINGS PER SHARE (Tables)

6 Months Ended

Jun. 30, 2022


	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Net income (loss)	$	123,436	$	(51,672)	$	120,979	$	(52,418)
Less portion allocated to nonvested shares		—		—		—		—
Net loss allocated to common shares	$	123,436	$	(51,672)	$	120,979	$	(52,418)

Weighted average common shares outstanding - basic		143,020		142,244		142,981		142,197
Dilutive effect of securities		1,505		—		1,113		—
Weighted average common shares outstanding - diluted		144,525		142,244		144,094		142,197
Earnings per common share:
Basic	$	0.86	$	(0.36)	$	0.85	$	(0.37)
Diluted		0.85		(0.36)		0.84		(0.37)

Shares excluded due to being anti-dilutive (weighted-average)		—		880		—		899