Jun 2026 (Q2 FY26) — Aug 6, 2026
W&T Offshore Q2 FY26 — Strong Financials and Production, Surety Lawsuit Progress
Read the full callW&T Offshore (WTI) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
W&T Offshore earnings: last reported Thu, 6 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 163 | +32.9% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 13.9 | +24.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 12.6 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
$3.66 +0.27% · +$0.01
Performance +62.7% 1Y
1Y: $2.25 on 14 Oct 2025 → $3.66. High $4.91 (18 May 2026), low $1.5 (7 Jan 2026).
- Previous close
- $3.65
- 52-week range
- $1.5 – $4.91
- One year
- +62.67%
Overview
- Symbol
- WTI
- Sector
- Energy
- Exchange
- US
- Currency
- USD
Call summaries
Every analysed call
W&T Offshore earnings calls (WTI)
Financials
What the filings say
Net profit, year on year: +160% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 121 | 120 | 130 | 122 | 128 | 122 | 150 | 163 |
| Expenses | 140 | 137 | 138 | 135 | 140 | 141 | 135 | 140 |
| Operating profit | -19 | -17 | -8 | -13 | -13 | -19 | 15 | 23 |
| Operating margin | −15.6% | −14.1% | −6.3% | −10.5% | −9.9% | −15.7% | 9.8% | 13.9% |
| Profit before tax | -41 | -25 | -35 | -23 | -15 | -25 | -20 | 11 |
| Tax rate | 11.0% | 7.3% | 13.1% | 10.2% | −361.6% | −7.7% | −13.3% | −12.2% |
| Net profit | -37 | -23 | -31 | -21 | -71 | -27 | -23 | 13 |
| EPS ($ per share) | -0.25 | — | -0.21 | -0.14 | -0.48 | — | -0.15 | 0.08 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -846 | -772 | -734 | -776 | -545 | -531 | -624 | -780 |
| Total liabilities | 1,174 | 1,253 | 1,149 | 1,440 | 1,424 | 1,083 | 1,152 | 1,156 |
| Fixed assets | 515 | 749 | 687 | 665 | 735 | 749 | 778 | 662 |
| Total assets | 849 | 1,004 | 941 | 1,193 | 1,432 | 1,114 | 1,099 | 956 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 322 | 232 | 109 | 134 | 340 | 115 | 60 | 77 |
| Cash from investing | -66 | -314 | -48 | -27 | -95 | -82 | -118 | 22 |
| Cash from financing | -321 | 81 | -50 | 100 | -29 | -322 | -9 | -69 |
| Net cash flow | -66 | -1 | 11 | 206 | 216 | -288 | -67 | 30 |
| Capital expenditure | -17 | -138 | -18 | -32 | -44 | -42 | -37 | -49 |
| Free cash flow | 305 | 94 | 91 | 102 | 296 | 74 | 22 | 29 |
Insider filings
45 filings between May 16, 2026 and Aug 8, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$1.06M
8 sales by 8 insiders
Compensation
not trading decisions- 21
- Option exercise — converted options into shares
- 16
- Tax withheld — shares kept back by the company to cover tax
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| BOULET VIRGINIA | — | $212.4K | Jul 14, 2026 |
| Conwill Daniel O. IV | — | $204.6K | Jul 16, 2026 |
| CHANG NANCY T | — | $198.6K | Jul 15, 2026 |
| Parasnis Sameer | — | $106.8K | Jul 14, 2026 |
| Williford William J | — | $106.8K | Jul 14, 2026 |
| Gamblin Huan | — | $106.5K | Jul 14, 2026 |
| Hittner George | — | $105.9K | Jul 14, 2026 |
| Hartman Bart P. III | — | $21.2K | Jul 14, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 8, 2026 | KROHN TRACY W Chairman, CEO & President | Option exercise | 132,918 | — |
| Aug 8, 2026 | Hartman Bart P. III VP & Chief Accounting Officer | Option exercise | 7,425 | — |
| Aug 8, 2026 | Parasnis Sameer EVP & Chief Financial Officer | Option exercise | 56,075 | — |
| Aug 8, 2026 | Parasnis Sameer EVP & Chief Financial Officer | Tax withheld | 22,066 | $75.7K |
| Aug 8, 2026 | Hartman Bart P. III VP & Chief Accounting Officer | Tax withheld | 2,922 | $10.0K |
| Aug 8, 2026 | KROHN TRACY W Chairman, CEO & President | Tax withheld | 52,304 | $179.4K |
| Aug 8, 2026 | Williford William J EVP & Chief Operating Officer | Option exercise | 56,075 | — |
| Aug 8, 2026 | Williford William J EVP & Chief Operating Officer | Tax withheld | 22,066 | $75.7K |
| Aug 8, 2026 | Gamblin Huan EVP & Chief Technical Officer | Option exercise | 8,312 | — |
| Aug 8, 2026 | Gamblin Huan EVP & Chief Technical Officer | Tax withheld | 3,271 | $11.2K |
| Jul 16, 2026 | Conwill Daniel O. IV Director | Sale | 60,000 | $204.6K |
| Jul 15, 2026 | CHANG NANCY T Director | Sale | 60,000 | $198.6K |
| Jul 14, 2026 | BOULET VIRGINIA Director | Sale | 60,000 | $212.4K |
| Jul 14, 2026 | Gamblin Huan EVP & Chief Technical Officer | Sale | 30,000 | $106.5K |
| Jul 14, 2026 | Hartman Bart P. III VP & Chief Accounting Officer | Sale | 6,000 | $21.2K |
| Jul 14, 2026 | Hittner George EVP, GC & Corporate Secretary | Sale | 30,000 | $105.9K |
| Jul 14, 2026 | Parasnis Sameer EVP & Chief Financial Officer | Sale | 30,000 | $106.8K |
| Jul 14, 2026 | Williford William J EVP & Chief Operating Officer | Sale | 30,000 | $106.8K |
| Jul 3, 2026 | Parasnis Sameer EVP & Chief Financial Officer | Option exercise | 22,685 | — |
| Jul 3, 2026 | Parasnis Sameer EVP & Chief Financial Officer | Tax withheld | 8,927 | $27.6K |
| Jun 5, 2026 | KROHN TRACY W Chairman, CEO & President | Option exercise | 106,667 | — |
| Jun 5, 2026 | Hartman Bart P. III VP & Chief Accounting Officer | Tax withheld | 2,345 | $8.7K |
| Jun 5, 2026 | Williford William J EVP & Chief Operating Officer | Option exercise | 45,000 | — |
| Jun 5, 2026 | Williford William J EVP & Chief Operating Officer | Tax withheld | 17,708 | $65.5K |
| Jun 5, 2026 | KROHN TRACY W Chairman, CEO & President | Tax withheld | 41,974 | $155.3K |
| Jun 5, 2026 | Gamblin Huan EVP & Chief Technical Officer | Option exercise | 6,670 | — |
| Jun 5, 2026 | Gamblin Huan EVP & Chief Technical Officer | Tax withheld | 2,625 | $9.7K |
| Jun 5, 2026 | Hartman Bart P. III VP & Chief Accounting Officer | Option exercise | 5,959 | — |
| Jun 3, 2026 | Stanley B Frank Director | Option exercise | 103,448 | — |
| Jun 3, 2026 | BOULET VIRGINIA Director | Option exercise | 103,448 | — |
| Jun 3, 2026 | Buchanan John D Director | Option exercise | 103,448 | — |
| Jun 3, 2026 | CHANG NANCY T Director | Option exercise | 103,448 | — |
| Jun 3, 2026 | Conwill Daniel O. IV Director | Option exercise | 103,448 | — |
| May 16, 2026 | Gamblin Huan EVP & Chief Technical Officer | Option exercise | 152,542 | — |
| May 16, 2026 | Gamblin Huan EVP & Chief Technical Officer | Tax withheld | 40,526 | $192.5K |
| May 16, 2026 | Hartman Bart P. III VP & Chief Accounting Officer | Option exercise | 20,197 | — |
| May 16, 2026 | Hartman Bart P. III VP & Chief Accounting Officer | Tax withheld | 4,918 | $23.4K |
| May 16, 2026 | Hittner George EVP, GC & Corporate Secretary | Option exercise | 152,542 | — |
| May 16, 2026 | Hittner George EVP, GC & Corporate Secretary | Tax withheld | 40,526 | $192.5K |
| May 16, 2026 | KROHN TRACY W Chairman, CEO & President | Option exercise | 361,582 | — |
| May 16, 2026 | KROHN TRACY W Chairman, CEO & President | Tax withheld | 141,494 | $672.1K |
| May 16, 2026 | Parasnis Sameer EVP & Chief Financial Officer | Option exercise | 152,542 | — |
| May 16, 2026 | Parasnis Sameer EVP & Chief Financial Officer | Tax withheld | 44,410 | $210.9K |
| May 16, 2026 | Williford William J EVP & Chief Operating Officer | Option exercise | 152,542 | — |
| May 16, 2026 | Williford William J EVP & Chief Operating Officer | Tax withheld | 43,131 | $204.9K |
| Oct 2, 2025 | KROHN TRACY W Chairman, CEO & President | Purchase | 250,000 | $459.3K |
| Oct 1, 2025 | KROHN TRACY W Chairman, CEO & President | Purchase | 36,842 | $68.0K |
| Sep 1, 2025 | Hittner George EVP, GC & Corporate Secretary | Tax withheld | 2,687 | $4.9K |
| Aug 8, 2025 | Parasnis Sameer EVP & Chief Financial Officer | Tax withheld | 13,655 | $23.6K |
| Aug 8, 2025 | Williford William J EVP & Chief Operating Officer | Option exercise | 56,074 | — |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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