W&T Offshore, Inc. (WTI) Q3 FY2026 earnings

Reported results

• Reported Q3 2026 total revenues of $167,080 thousand.
• Reported a Q3 2026 GAAP net loss of $13.6 million, or $(0.09) per diluted share.
• Reported Q3 2026 non-GAAP Adjusted Net Income of $0.9 million, or $0.01 per diluted share.
• Generated non-GAAP Adjusted EBITDA of $51.1 million for the third quarter of 2026.
• Generated non-GAAP Free Cash Flow of $33.2 million for the third quarter of 2026.
• Average daily equivalent sales volumes reached 38.2 MBoe/d in Q3 2026.

Guidance

• Fourth quarter 2026 average daily equivalent sales volume is expected to be 32.0 to 35.3 MBoe/d.
• Fourth quarter 2026 lease operating expense is expected to be $65.4 million to $72.3 million.
• Full year 2026 capital expenditures are expected to be in the range of $35.0 million to $38.0 million.
• Full year 2026 plugging and abandonment expenses are expected to be between $34.0 million and $42.4 million.

Notes

Effective October 1, 2026, W&T converted its revolving credit facility to a conventional reserve-based lending structure.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.