W&t Offshore Inc.
- WTI · NYSE
- Crude Petroleum & Natural Gas
- Houston, TX
- 370 employees
- CIK 0001288403
Updated from SEC filings through
Top things to know
Executives
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Tracy W. Krohn Chairman, CEO & President 4, 2026-08-11 -
Sameer Parasnis EVP & Chief Financial Officer 4, 2026-08-11 -
William J. Williford EVP & Chief Operating Officer 4, 2026-08-11 -
Huan Gamblin EVP & Chief Technical Officer 4, 2026-08-11 - Bart P. Hartman III VP & Chief Accounting Officer 4, 2026-08-11
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George Hittner EVP, GC & Corporate Secretary 4, 2026-07-16
W&t Offshore Inc is a U.S. public company in crude petroleum & natural gas (SIC 1311), headquartered in Houston, TX. It trades as WTI on NYSE. Revenue was $501M in the fiscal year ending December 31, 2025, -4.5% from the year before. It reported about 370 employees. Tracy W. Krohn is Chairman, CEO & President.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $501M 10-K, 2026-03-16 | $525M 10-K, 2026-03-16 | $533M 10-K, 2026-03-16 | $921M 10-K, 2025-03-04 | $558M 10-K, 2024-03-06 |
| Operating income | -$52.8M 10-K, 2026-03-16 | -$42.2M 10-K, 2026-03-16 | $29.5M 10-K, 2026-03-16 | $454M 10-K, 2025-03-04 | $190M 10-K, 2024-03-06 |
| SG&A | $80.0M 10-K, 2026-03-16 | $82.4M 10-K, 2026-03-16 | $75.5M 10-K, 2026-03-16 | $73.7M 10-K, 2025-03-04 | $52.4M 10-K, 2024-03-06 |
| Net income | -$150M 10-K, 2026-03-16 | -$87.1M 10-K, 2026-03-16 | $15.6M 10-K, 2026-03-16 | $231M 10-K, 2025-03-04 | -$41.5M 10-K, 2024-03-06 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Tracy W. Krohn | Chairman, CEO & President | 4, 2026-08-11 |
| Sameer Parasnis Executive Vice President & CFO | EVP & Chief Financial Officer | 4, 2026-08-11 |
| William J. Williford Executive Vice President & COO of Mexico at W&T Offshore | EVP & Chief Operating Officer | 4, 2026-08-11 |
| Huan Gamblin Executive Vice President & Chief Technical Officer | EVP & Chief Technical Officer | 4, 2026-08-11 |
| Bart P. Hartman III | VP & Chief Accounting Officer | 4, 2026-08-11 |
| George J. Hittner | Board member (per proxy) bio: Executive Vice President, General Counsel and Corporate Secretary | DEF 14A, 2026-04-23 |
| George Hittner General Counsel / Attorney / Federal, State and Local Government Strategic Affairs Advisor | EVP, GC & Corporate Secretary | 4, 2026-07-16 |
| B. Frank Stanley | Board member (per proxy) bio: Independent | DEF 14A, 2026-04-23 |
| Daniel O. Conwill IV | Board member (per proxy) bio: Independent | DEF 14A, 2026-04-23 |
| John D. Buchanan | Board member (per proxy) bio: Independent | DEF 14A, 2026-04-23 |
| Nancy Chang | Board member (per proxy) bio: Independent | DEF 14A, 2026-04-23 |
| Virginia Boulet | Board member (per proxy) bio: Independent | DEF 14A, 2026-04-23 |
What W&t Offshore Inc does
W&T Offshore, Inc. (“we,” “our” or “us”) is a publicly held Texas corporation. We are an independent oil and natural gas producer with substantially all our operations offshore in the Gulf of America. We are active in the acquisition, exploration and development of oil and natural gas properties. We operate in one reportable segment.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 154.9 million (as of October 20, 2026) | 10-Q, October 29, 2026 |
|---|---|---|
| Public float | $162M (as of June 30, 2025) | 10-K, March 16, 2026 |
| Reportable segments | 1 (period ending September 30, 2026) | 10-Q, October 29, 2026 |
| Latest proxy statement | Meeting June 3, 2026 (filed April 23, 2026) | DEF 14A, April 23, 2026 |
| Auditor | Deloitte & Touche LLP (Houston, TX) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| July 16, 2026 | Daniel O. Conwill IV Director | Sale | 60,000 | $205K | Form 4, July 16, 2026 |
| July 15, 2026 | Nancy T. Chang Director | Sale | 60,000 | $199K | Form 4, July 16, 2026 |
| July 14, 2026 | William J. Williford EVP & Chief Operating Officer | Sale | 30,000 | $107K | Form 4, July 16, 2026 |
| July 14, 2026 | Sameer Parasnis EVP & Chief Financial Officer | Sale | 30,000 | $107K | Form 4, July 16, 2026 |
| July 14, 2026 | George Hittner EVP, GC & Corporate Secretary | Sale | 30,000 | $106K | Form 4, July 16, 2026 |
| July 14, 2026 | Bart P. Hartman III VP & Chief Accounting Officer | Sale | 6,000 | $21K | Form 4, July 16, 2026 |
| July 14, 2026 | Huan Gamblin EVP & Chief Technical Officer | Sale | 30,000 | $107K | Form 4, July 16, 2026 |
| July 14, 2026 | Virginia Boulet Director | Sale | 60,000 | $212K | Form 4, July 16, 2026 |
Recent 8-K events
- 8-K filed 2026-10-29
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-10-07
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-08-07
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-08-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-04
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-07
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-16
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-03-09
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-11-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-08-28
- Item 1.01 Entry into a material definitive agreement
Frequently asked questions about W&t Offshore Inc
- What does W&t Offshore Inc do?
- In its own words, from Item 1 of its 10-K: "W&T Offshore, Inc. (“we,” “our” or “us”) is a publicly held Texas corporation. We are an independent oil and natural gas producer with substantially all our operations offshore in the Gulf of America. We are active in the acquisition, exploration and development of oil and natural gas properties. We operate in one reportable segment."
- What is W&t Offshore Inc's revenue?
- $501M for the fiscal year ending December 31, 2025, from its 10-K filed March 16, 2026.
- Is W&t Offshore Inc profitable?
- W&t Offshore Inc reported net income of -$150M for the fiscal year ending December 31, 2025.
- How many employees does W&t Offshore Inc have?
- About 370 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of W&t Offshore Inc?
- Tracy W. Krohn, Chairman, CEO & President, as named in a 4 filed August 11, 2026.
- Who is the CFO of W&t Offshore Inc?
- Sameer Parasnis, EVP & Chief Financial Officer, as named in a 4 filed August 11, 2026.
- Where is W&t Offshore Inc headquartered?
- Houston, TX.
- What is W&t Offshore Inc's stock ticker?
- WTI on NYSE.
- What industry is W&t Offshore Inc in?
- Crude Petroleum & Natural Gas, SIC code 1311.
- What is W&t Offshore Inc's website?
- wtoffshore.com.
- When does W&t Offshore Inc report earnings next?
- February 1, 2027. Source: estimate_8k_pattern.
- Is W&t Offshore Inc a public company?
- Yes. W&t Offshore Inc files with the SEC under CIK 0001288403 and trades as WTI.
- Who audits W&t Offshore Inc?
- Deloitte & Touche LLP, Houston, TX, as named in its latest annual report (10-K).
- How many shares of W&t Offshore Inc are outstanding?
- 154.9 million shares as of October 20, 2026, from its 10-Q filed October 29, 2026.
- What is W&t Offshore Inc's public float?
- $162M as of June 30, 2025, as reported on the cover of its 10-K filed March 16, 2026.
- How many business segments does W&t Offshore Inc report?
- 1 reportable segment for the period ending September 30, 2026, from its 10-Q filed October 29, 2026.
- When is W&t Offshore Inc's annual shareholder meeting?
- June 3, 2026, per its proxy statement (DEF 14A) filed April 23, 2026.
- Have W&t Offshore Inc insiders traded stock recently?
- Since October 2, 2025, officers and directors reported 8 open-market sales worth about $1.1M and 1 purchase worth about $528K on Forms 4 and 5. The most recent: Daniel O. Conwill IV (Director) sold 60,000 shares on July 16, 2026.