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

NET (LOSS) INCOME PER SHARE

3 Months Ended

Mar. 31, 2024

NOTE 10 — NET (LOSS) INCOME PER SHARE

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


	Three Months Ended March 31,
	2024		2023
Net (loss) income	$	(11,474)	$	26,005

Weighted average common shares outstanding - basic		146,857		146,418
Dilutive effect of securities		—		2,308
Weighted average common shares outstanding - diluted		146,857		148,726

Net (loss) income per common share:
Basic	$	(0.08)	$	0.18
Diluted		(0.08)		0.17

Shares excluded due to being anti-dilutive		1,982		—