W And T Offshore Inc (WTI) financials
W And T Offshore revenue and earnings by year
W And T Offshore's revenue was $501 million in the fiscal year to December 31, 2025, down 4.5% from the year before. Net income was -$150 million, -29.9% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 2.5% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 501 | 525 | 533 | 921 | 558 | 347 | 535 | 581 | 487 | 400 |
| Revenue growth | -4.5% | -1.4% | -42.2% | 65.1% | 61.0% | -35.2% | -7.9% | 19.2% | 21.8% | — |
| Gross profit | 177 | 216 | 249 | 661 | 356 | 163 | 322 | 403 | 321 | 223 |
| Gross margin | 35.3% | 41.0% | 46.7% | 71.8% | 63.7% | 47.0% | 60.2% | 69.4% | 65.9% | 55.7% |
| Operating income | -53 | -42 | 29 | 454 | 190 | 1 | 119 | 193 | 106 | -328 |
| Operating margin | -10.5% | -8.0% | 5.5% | 49.3% | 34.0% | 0.2% | 22.2% | 33.3% | 21.7% | -81.9% |
| Net income | -150 | -87 | 16 | 231 | -41 | 38 | 74 | 249 | 80 | -249 |
| Net margin | -29.9% | -16.6% | 2.9% | 25.1% | -7.4% | 10.9% | 13.9% | 42.8% | 16.4% | -62.3% |
| Diluted EPS | -$1.01 | -$0.59 | $0.11 | $1.59 | -$0.29 | $0.26 | $0.51 | $1.72 | $0.56 | — |
| Free cash flow | 40 | -59 | 34 | 244 | 101 | 87 | -94 | 214 | 52 | -70 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open WTI in Markets.
How W And T Offshore makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Oil & Condensate | $112M | 66.9% |
| Natural Gas Production | $41.2M | 24.7% |
| Natural Gas Liquids Reserves | $9.12M | 5.5% |
| Product & Service Other | $4.98M | 3.0% |
See also: WTI valuation and P/E history · WTI returns
No forecast, no recommendation. This page describes W And T Offshore Inc from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.