W&T Offshore, Inc.

WTI Energy Oil & Gas E&P

W&T Offshore, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $501.5 million, down 4.53% from fiscal 2024.

Revenue
+31.0%
EPS
+81.3%
Free cash flow
+500.9%
Total debt
+0.44%

Quarter to September 2026, against a year earlier

3.10 0.02 −0.64%
Market cap
$483.3M
P/E
0.0×
Fwd P/E
−22.1×
Dividend yield
1.28%
F-score
4/9
Altman Z
−0.67
Beneish M
−3.77
Dividend safety
45/100

Insider Decisions last twelve months

Sold, $m 1.06
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — 8 — — — —
Insider Ownership 32.90%

Capital & Financial Ratios $m

Size
Market Cap 483.27
Revenue ttm 601.43
Net income ttm (50.74)
Free cash flow ttm 61.54
Net debt Q 160.66
Valuation
P/E 0.00
Forward P/E (22.10) (negative: loss-making)
Price / sales 0.79
Forward P/S Powerpack
Price / FCF 7.70
Price / book 0.00
Financial health
Current ratio Q 1.31
Debt / equity Q (1.85) (negative: negative equity)
Interest coverage Q 1.32
Growth
Revenue growth Q +31.03% (above 0%: growing)
Operating income growth Q +193.74% (above 0%: growing)
EPS, this year +87.39% (at or above 15%: strong)
EPS, next year A +42.86% (at or above 15%: strong)
Revenue, next year A +20.07% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +56.72% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 44.30%
10-year low 10-year high
EV/Sales against its own 10 years 13.49%
10-year low 10-year high
EV/FCF against its own 10 years 43.82%
10-year low 10-year high

Dividends

Yield
1.28%
Annual rate
0.04
Payout ratio
—
Growth, 2023–25
+100.0%/yr
  1. 0.01 ’23
  2. 0.04 ’24 +300
  3. 0.04 ’25 +0
  4. 0.04 ’26e +0
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 178 111 141 191
Receivables 70 108 99 105
Inventory — — — —
Other — — — —
265 218 239 314
2023 2024 2025 Q'26
Payables 79 84 98 95
ST’ Debt 29 27 8 1
Other 77 102 88 91
217 246 234 240

Compound Annual Growth %

10y 5y 3y
Sales (0.11%) 7.66% (18.34%)
Cash Flow (5.31%) (6.57%) (38.95%)
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% 0.00% 0.00%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.15) 0.08 (0.09) — —
’25 (0.21) (0.14) (0.48) (0.18) (1.01)
’24 (0.08) (0.10) (0.25) (0.16) (0.59)
’23 0.17 (0.08) 0.01 0.00 0.11
’22 (0.02) 0.85 0.46 0.30 1.59
’21 (0.01) (0.36) (0.27) 0.34 (0.29)
’20 0.46 (0.04) (0.09) (0.06) 0.26
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 150 163 167 — —
’25 130 122 128 122 501
’24 141 143 121 120 525
’23 132 126 142 132 533
’22 191 274 266 190 921
’21 126 133 134 166 558
’20 124 55 73 95 347
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 3 33 37 — —
’25 (3) 28 27 26 77
’24 12 37 15 (4) 60
’23 23 26 30 36 115
’22 28 210 89 13 340
’21 45 1 65 22 134
’20 84 9 21 (6) 109
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (8) 25 28 — —
’25 2 17 5 16 40
’24 5 (50) 5 (18) (59)
’23 10 5 (6) 25 34
’22 10 155 132 (52) 244
’21 43 (3) 55 6 101
’20 75 18 8 (14) 87
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 400 487 581 535 347 558 921 533 525 501 601 +2.5% 602 575 614 +7.0%
Gross margin, % 55.69 65.94 69.44 60.22 46.97 63.71 71.82 46.70 41.05 35.28 46.40 (20.4) pt
EBT (292) 67 249 (1) 8 (50) 285 34 (97) (99) (47) (11.3%)
EBT margin, % (73.10) 13.78 42.94 (0.21) 2.20 (8.88) 30.92 6.37 (18.49) (19.77) (7.82) +53.3 pt
Net income (249) 80 249 74 38 (41) 231 16 (87) (150) (51) (5.5%)
Per share, $
Per share, $ Revenue 4.18 3.54 4.18 3.80 2.45 3.92 6.43 3.64 3.57 3.38 3.96 (2.3%)
Earnings (2.60) 0.56 1.72 0.52 0.26 (0.29) 1.61 0.11 (0.59) (1.01) (0.34) (10.0%)
Cash flow 0.15 1.16 2.31 1.65 0.77 0.94 2.37 0.79 0.40 0.52 0.65 +15.0%
Capex (0.86) (0.78) (0.37) (2.32) (0.15) (0.23) (0.66) (0.56) (0.80) (0.25) (0.24) (12.7%)
Free cash flow (0.71) 0.38 1.95 (0.67) 0.62 0.71 1.71 0.23 (0.40) 0.27 0.41 n/m
Book value (6.89) (4.17) (2.34) (1.77) (1.47) (1.74) 0.05 0.21 (0.36) (1.35) (1.25) (16.6%)
Shares, m 96 138 139 141 142 142 143 146 147 148 150 +5.0%
Valuation, ×
Valuation, × P/E 0.00 6.64 2.40 10.90 8.04 0.00 3.17 29.06 0.00 0.00 0.00 6.0
P/S 0.68 1.05 0.99 1.46 0.89 0.82 0.79 0.89 0.47 0.48 0.79 0.9
P/B 0.00 0.00 0.00 0.00 0.00 0.00 95.07 15.22 0.00 0.00 0.00 11.0
EV/Sales 3.06 2.88 2.41 2.75 2.56 1.68 1.04 1.29 1.00 0.90 1.05 2.0
EV/FCF (17.93) 26.86 5.16 (11.75) 10.17 9.31 3.90 20.39 (8.99) 11.39 10.31 4.9
Cash, $m
Cash, $m Operating cash flow 14 159 322 232 109 134 340 115 60 77 98 +20.7%
Capex (82) (107) (51) (326) (21) (33) (95) (82) (118) (38) (37) (8.4%)
Free cash flow (68) 52 271 (94) 87 101 244 34 (59) 40 62 n/m
Balance, $m
Balance, $m Working capital (11) 22 40 (48) (8) 34 (222) 48 (28) 5 74 n/m
Net debt 950 893 600 690 582 481 228 213 283 210 161 (15.4%)
Shareholders’ equity (659) (574) (325) (249) (208) (247) 8 31 (53) (200) (190) (12.4%)
Returns, %
Returns, % ROA (24.44) 8.80 27.23 8.00 3.89 (3.89) 17.61 1.23 (7.88) (14.61) (5.20) +9.8 pt
ROIC (70.89) 21.51 56.05 16.81 0.13 50.77 120.61 7.55 (11.46) (316.08) 0.00 (245.2) pt
ROE 42.01 (12.40) (53.23) (25.81) (16.51) 18.21 (192.99) 80.35 815.01 118.94 28.00 +76.9 pt
People
People Employees 302 298 282 291 303 323 365 395 400 370 — +2.3%
Revenue/emp, $m 1.32 1.63 2.06 1.84 1.14 1.73 2.52 1.35 1.31 1.36 — +0.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

W&T Offshore, Inc. vs peers in Oil & Gas E&P (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TXO TXO Partners LP $703.1M — (loss-making) 175× −45.39% (below 0%: shrinking) n/m +116.23% (above 0%: growing) 20.37% (70.05%) Compare
VTS Vitesse Energy, Inc. $632.0M — (loss-making) — (loss-making) +23.00% (above 0%: growing) n/m −177.32% (below 0%: shrinking) 100.00% 19.69% Compare
OBE Obsidian Energy $616.6M 29.9× 10.0× +58.90% (above 0%: growing) +187.50% (above 0%: growing) −143.71% (below 0%: shrinking) 71.83% 32.07% Compare
GRNT Granite Ridge Resources, Inc. $616.0M — (loss-making) 22.0× +57.28% (above 0%: growing) n/m +3,014.06% (above 0%: growing) 100.00% 33.44% Compare
GPRK Geopark Ltd $592.5M 6.1× 11.7× +19.65% (above 0%: growing) n/m +168.34% (above 0%: growing) 62.98% 28.48% Compare
EGY Vaalco Energy Inc $565.9M — (loss-making) 42.9× +39.50% (above 0%: growing) +387.50% (above 0%: growing) −8.36% (below 0%: shrinking) 100.00% 32.25% Compare
WTI W&T Offshore, Inc. $483.3M — (loss-making) — (loss-making) +31.03% (above 0%: growing) n/m +500.93% (above 0%: growing) 48.50% 7.08%
SD SandRidge Energy, Inc. $467.9M 4.8× 2.6× +36.65% (above 0%: growing) +88.64% (above 0%: growing) −1,487.73% (below 0%: shrinking) 73.64% 28.91% Compare
FTW Presidio Production Company $312.2M — — — — — — — Compare
Median of peers $604.2M 6.1× 16.9× +36.65% +187.50% −8.36% 73.64% 28.91%

All 74 Oil & Gas E&P stocks →

Pay and ownership Proxy statement filed 23 April 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 6.18m 6.69m 75.12
2024 4.17m 574.74k 29.86
2023 5.86m 324.13k 58.63
2022 12.11m 11.58m 100.36
2021 5.49m 4.90m 58.09

Ownership

Directors and executive officers, together 35.90%
Tracy W. Krohn 33.50%
BlackRock, Inc. 5.60%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

W&T Offshore, Inc. (WTI) Latest News

2 Nov

Impact 3 · · The Motley Fool

31 Oct

Impact 3 · · The Motley Fool transcript
Impact 3 · · MarketBeat transcript

30 Oct

29 Oct

9 Aug

Impact 3 · · MarketBeat

15 May

Impact 4 · · MarketBeat

8 May

Impact 4 · · The Motley Fool transcript

31 Mar

Impact 3 · · Insider Monkey

19 Mar

Impact 4 · · TheStreet

17 Mar

stockrow.com/WTI · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com