The earnings call highlighted strong operational performance with increased production, cost reduction, and EBITDA growth. However, the company reported a GAAP net loss due to noncash adjustments and increased capital expenditures. Overall, the company is well-positioned financially and operationally.
Company Guidance
In the third quarter of 2025, W&T Offshore demonstrated strong operational and financial performance, with several key metrics highlighting its achievements. The company increased production by 6% quarter-over-quarter to 35,600 barrels of oil equivalent per day, driven by successful asset integrations and high-return workovers. Operating costs were managed effectively, with LOE reduced by 8% to approximately $23 per barrel of oil equivalent, falling within the guidance range. Adjusted EBITDA grew by 11% to $39 million, despite lower commodity prices. Cash flow from operations amounted to $26.5 million, bolstering the company's unrestricted cash reserves to $125 million. W&T also reduced its net debt by about $60 million in 2025, further strengthening its balance sheet. The company has maintained its dividend policy, having paid consistent quarterly dividends over two years, with the fourth quarter 2025 dividend announced. Looking ahead, W&T expects to sustain growth with a production target of 36,000 barrels of oil equivalent per day for the fourth quarter and continues to focus on cost reduction and operational synergies.
Increased Production
Production increased by 6% quarter-over-quarter to 35,600 barrels of oil equivalent per day, near the high end of guidance.
Cost Reduction
LOE reduced by 8% to approximately $23 per barrel oil equivalent, reflecting disciplined cost management.
EBITDA Growth
Adjusted EBITDA grew by 11% quarter-over-quarter to $39 million, despite lower commodity prices.
Improved Financial Position
Unrestricted cash grew to approximately $125 million while net debt was lowered to under $226 million.
Successful Asset Integration
Integration of former Cox assets and high-return workovers contributed to increased production and cash flow.
W&T Offshore (WTI) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WTI Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 05, 2025
$1.94
$1.91
-1.55%
Aug 04, 2025
$1.71
$1.71
0.00%
May 06, 2025
$1.14
$1.23
+7.89%
Mar 03, 2025
$1.49
$1.47
-1.34%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does W&t Offshore (WTI) report earnings?
W&t Offshore (WTI) is schdueled to report earning on Mar 10, 2026, After Close (Confirmed).
What is W&t Offshore (WTI) earnings time?
W&t Offshore (WTI) earnings time is at Mar 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.