W&t Offshore (WTI)
NYSE:WTI
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.14Last Year’s EPS
-0.13Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized multiple operational and financial positives: sequential and year-over-year production growth, improved liquidity, a meaningful reduction in net debt, strong adjusted EBITDA, improved proved-developed producing mix and targeted capital discipline for 2026. Challenges highlighted include weather-related downtime, ongoing asset retirement cash requirements, flat overall reserves over two years (with replacement driven by acquisitions rather than organic drilling), and some legal/regulatory uncertainty. On balance, the company presented more and larger positive developments than negatives, underpinned by stronger cash, lower leverage, cost control, and clear capital allocation discipline.Company Guidance
Quarterly and Year-over-Year Production Growth
Production increased every quarter in 2025 from 30,500 boe/d in Q1 to 36,200 boe/d in Q4; Q4 production was up 2% sequentially and up 13% year-over-year versus Q4 2024.
Strong Adjusted EBITDA
Generated adjusted EBITDA of $130,000,000 for full-year 2025, demonstrating cash-flow generation capability.
Improved Liquidity and Balance Sheet
Year-end 2025 cash grew by $31,000,000 to approximately $141,000,000 (about a 28% increase year-over-year) and net debt was reduced by $74,000,000 to $210,000,000 (approximately a 26% reduction from prior level).
Reserve Base and PV-10 Stability
Reported year-end 2025 proved reserves of 121,000,000 boe with PV-10 of ~$1,120,000,000; proved developed producing (PDP) PV-10 increased by $279,000,000 versus year-end 2024, and PDP mix improved from 52% to 71% of total proved reserves.
Cost Control and Lower Operating Costs
Reduced fourth-quarter LOE to $22.4 per boe, a 4% decline versus 2024/2025 comparison cited, and absolute costs were below the midpoint of guidance; company expects 2026 LOE to be lower despite higher production.
Capital Discipline and Lower 2026 CapEx
Full-year 2025 capital expenditures were $55,000,000 (below the low end of guidance); 2026 midpoint CapEx guidance is ~$22,000,000 (less than half of 2025), reflecting disciplined, back-half-loaded spending and focus on workovers/recompletions.
Value-Adding Operational Projects and Asset Integration
Completed 34 workovers and 4 recompletions in 2025; finished a $20,000,000 pipeline facility at West Delta 73 in Q4 expected to support 2026 production growth and improve realized pricing.
Successful Financing and Non-Operating Cash Inflows
Closed $350,000,000 offering of second-lien notes that reduced interest rates by 100 basis points and lowered total debt by $39,000,000; entered a new $50,000,000 revolving credit facility; sold a non-core interest for $12,000,000 and received a $58,000,000 insurance settlement.
Shareholder Returns
Continued returning cash to shareholders with nine consecutive quarterly cash dividends since late 2023 and announced the Q1 2026 dividend payment.
WTI Earnings History
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 |
|---|---|---|---|
Mar 16, 2026 | $3.09 | $3.11 | +0.65% |
Nov 05, 2025 | $1.93 | $1.90 | -1.55% |
Aug 04, 2025 | $1.71 | $1.71 | 0.00% |
May 06, 2025 | $1.14 | $1.22 | +7.75% |
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 May 12, 2026, After Close (Confirmed).
What is W&t Offshore (WTI) earnings time?
W&t Offshore (WTI) earnings time is at May 12, 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.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WTI EPS forecast?
WTI EPS forecast for the fiscal quarter 2026 (Q1) is -0.14.