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

NET LOSS PER COMMON SHARE

3 Months Ended

Mar. 31, 2026

NOTE 8 — NET LOSS PER COMMON SHARE

The following table presents the calculation of basic and diluted net loss per common share (in thousands, except per share amounts):


	Three Months Ended March 31,
	2026		2025
Net loss	$	(22,530)	$	(30,577)

Weighted average common shares outstanding (basic and diluted)		148,778		147,598

Net loss per common share (basic and diluted)	$	(0.15)	$	(0.21)

Shares excluded due to being anti-dilutive ⁽¹⁾		6,464		3,634

(1)

Includes RSUs and certain PSUs as their effect, if included, would have been anti-dilutive.