W&T Offshore, Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

DEBT (Tables)

DEBT (Tables)

9 Months Ended

Sep. 30, 2025

The components comprising the Company’s debt are presented in the following table (in thousands):


	September 30,		December 31,
	2025		2024
10.75% Senior Second Lien Notes due 2029:
Principal	$	350,000	$	—
Unamortized debt issuance costs		(8,157)		—
Total		341,843		—

Term Loan:
Principal		—		114,159
Unamortized debt issuance costs		—		(2,027)
Total		—		112,132

11.75% Senior Second Lien Notes due 2026:
Principal		—		275,000
Unamortized debt issuance costs		—		(2,919)
Total		—		272,081

TVPX Loan:
Principal		9,100		9,925
Unamortized discount		(418)		(771)
Unamortized debt issuance costs		(82)		(144)
Total		8,600		9,010

Total debt, net		350,443		393,223
Less current portion, net		(8,600)		(27,288)
Long-term debt, net	$	341,843	$	365,935

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details