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W&T OFFSHORE INC (WTI)

For the quarter ending 2025-06-30, WTI made $122,367K in revenue. -$20,884K in net income. Net profit margin of -17.07%.

Overview

Revenue
$122,367K
Net Income
-$20,884K
Net Profit Margin
-17.07%
EPS
-$0.14
Unit: Thousand (K) dollars
Revenue Breakdown
    • Oil And Condensate
    • Natural Gas Production
    • Natural Gas Liquids Reserves
    • Product And Service Other

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenues122,367 129,867 121,372 142,757
Gathering, transportation and production taxes5,499 5,659 6,147 8,578
Lease operating expenses76,924 71,012 72,412 73,987
General and administrative expenses17,670 20,157 19,723 21,354
Depreciation, depletion, and amortization26,446 32,891 34,206 36,674
Asset retirement obligations accretion8,681 8,392 7,848 8,400
Total operating expenses135,220 138,111 140,336 148,993
Operating loss-12,853 -8,244 -18,964 -6,236
Interest expense, net-9,005 -9,492 -9,992 -10,164
Derivative gain, net12,047 -2,757 3,199 -2,374
Other expense, net-13,455 316 -15,709 -1,250
Loss on extinguishment of debt- -15,015 - -
Loss before income taxes-23,266 -35,192 -41,466 -20,024
Income tax benefit-2,382 -4,615 -4,545 -4,636
Net loss-20,884 -30,577 -36,921 -15,388
Earnings per share, basic-0.14 -0.21 -0.25 -0.1
Earnings per share, diluted-0.14 -0.21 -0.25 -0.1
Weighted average number of shares outstanding, basic147,847,000 147,598,000 147,206,000 146,943,000
Weighted average number of shares outstanding, diluted147,847,000 147,598,000 147,206,000 146,943,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Net loss-$20,884K (-35.72%↓ Y/Y)Income tax benefit-$2,382K (48.62%↑ Y/Y)Loss before incometaxes-$23,266K (-16.19%↓ Y/Y)Derivative gain, net$12,047K (607.46%↑ Y/Y)Natural Gas LiquidsReserves$4,715K Natural Gas Production$34,802K Oil And Condensate$80,014K Product And ServiceOther$2,836K Interest expense, net-$9,005K (11.40%↑ Y/Y)Operating loss-$12,853K (-106.11%↓ Y/Y)Other expense, net-$13,455K (-976.40%↓ Y/Y)Total revenues$122,367K (-14.28%↓ Y/Y)Total operatingexpenses$135,220K (-9.24%↓ Y/Y)Asset retirementobligations accretion$8,681K (3.35%↑ Y/Y)Depreciation, depletion, andamortization$26,446K (-27.89%↓ Y/Y)General andadministrative expenses$17,670K (-17.25%↓ Y/Y)Lease operatingexpenses$76,924K (3.97%↑ Y/Y)Gathering, transportationand production...$5,499K (-35.89%↓ Y/Y)