W&T OFFSHORE INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $501.5M | $525.3M | $532.7M | $921.0M | $558.0M |
| Operating income | -$52.8M | -$42.2M | $29.5M | $454.1M | $189.7M |
| Interest expense | — | — | $44.7M | $69.4M | $70.0M |
| Pretax income | -$99.1M | -$97.1M | $33.9M | $284.8M | -$49.5M |
| Income tax expense | $50.9M | -$10.0M | $18.3M | $53.7M | -$8.1M |
| Net income | -$150.1M | -$87.1M | $15.6M | $231.1M | -$41.5M |
| Balance Sheet | |||||
| Cash and equivalents | $140.6M | $109.0M | $173.3M | $461.4M | $245.8M |
| Current assets | $239.3M | $218.5M | $265.0M | $570.3M | $358.3M |
| Total assets | $955.8M | $1.1B | $1.1B | $1.4B | $1.2B |
| Current liabilities | $234.3M | $246.1M | $216.9M | $792.3M | $324.4M |
| Total debt | $358.8M | $399.1M | $400.2M | $700.4M | $743.3M |
| Stockholders' equity | -$199.8M | -$52.6M | $31.2M | $7.6M | -$247.2M |
| Cash Flow Statement | |||||
| Cash from operations | $77.2M | $59.5M | $115.3M | $339.5M | $133.7M |
| Depreciation and amortization | $116.4M | $143.0M | $114.7M | $107.1M | $90.5M |
| Stock-based compensation | $12.2M | $10.2M | $10.4M | $7.9M | $3.4M |
| Capital expenditure | $9.5M | $3.4M | $7.2M | $6.6M | $9.5M |
| Free cash flow | $67.8M | $56.2M | $108.2M | $332.9M | $124.2M |
| Dividends paid | $6.0M | $5.9M | $1.5M | — | — |
Shares outstanding 148.8M · Free float 29.5%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.