For the quarter ending 2026-03-31, WTI made $150,019K in revenue. -$22,530K in net income. Net profit margin of -15.02%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Total revenues | 150,019 | 121,713 | 127,515 | 122,367 |
| Lease operating expenses | 66,114 | 74,630 | 76,215 | 76,924 |
| Gathering, transportation and production taxes | 8,654 | 8,767 | 5,818 | 5,499 |
| Depreciation, depletion, and amortization | 27,265 | 28,488 | 28,580 | 26,446 |
| Asset retirement obligations accretion | 8,517 | 8,306 | 8,002 | 8,681 |
| General and administrative expenses | 24,833 | 20,618 | 21,510 | 17,670 |
| Total operating expenses | 135,383 | 140,809 | 140,125 | 135,220 |
| Operating income (loss) | 14,636 | -19,096 | -12,610 | -12,853 |
| Interest expense, net | -9,186 | -9,000 | -8,998 | -9,005 |
| Gain on extinguishment of debt | - | 0 | - | - |
| Derivative loss, net | -24,513 | 195 | 4,108 | 12,047 |
| Other expense (income), net | -831 | 2,707 | 2,017 | -13,455 |
| Loss before income taxes | -19,894 | -25,194 | -15,483 | -23,266 |
| Income tax expense (benefit) | 2,636 | 1,933 | 55,991 | -2,382 |
| Net loss | -22,530 | -27,127 | -71,474 | -20,884 |
| Basic EPS | -0.15 | -0.182 | -0.48 | -0.14 |
| Diluted EPS | -0.15 | -0.182 | -0.48 | -0.14 |
| Basic Average Shares | 148,778,000 | 148,794,000 | 148,589,000 | 147,847,000 |
| Diluted Average Shares | 148,778,000 | 148,794,000 | 148,589,000 | 147,847,000 |
W&T OFFSHORE INC (WTI)
W&T OFFSHORE INC (WTI)