W&T OFFSHORE INC (WTI) Form 10-Q — Aug 5, 2026
W&T Offshore swung to a second-quarter 2026 net income of $12.6 million ($0.08 per share) on total revenues of $162.6 million, up roughly 33% from $122.4 million a year earlier, when it lost $20.9 million. The reversal was driven by a realized oil price of $99.30 per barrel and production of 34,692 Boe/d, up from 33,538 Boe/d in Q2 2025. Despite the strong quarter, the company still posted a first-half net loss of $10.0 million, weighed down by $26.4 million of derivative losses, and it carries a $196.2 million shareholders' deficit against $358.3 million of long-term debt principal at a 10.75% coupon.
Key figures
- Eps
- 0.08
- Revenue
- 162619000
- Net Income
- 12561000
- Total Debt
- 358300000
- Total Assets
- 959514000
- Cash Position
- 150683000
- Aro estimate
- 573200000
- Q2 loe per boe
- 22.67
- H1 2026 revenue
- 312638000
- Q2 2025 revenue
- 122367000
- Q2 production mboe
- 3157
- Q2 effective tax rate
- -12.2%
- H1 2026 derivative loss
- 26430000
- Atm program availability
- 83000000
- H1 2026 operating cash flow
- 35873000
- Q2 avg daily production boe
- 34692
- Quarterly dividend per share
- 0.01
- Credit agreement availability
- 43400000
- Q2 realized oil price usd bbl
- 99.3
- Eia wti forecast rest of 2026 usd bbl
- 68.5
Price after filing
Close on the filing date to close N calendar days later (from $3.42). Historical, not a forecast.
AI analysis
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