W&T Offshore, Inc. (WTI)
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-04
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-04
QuarterlyIQ Insights · WTI
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue to manage capital expenditures within the budget range of $19.5 million to $24.5 million for 2026 to support operational and growth initiatives.
Stated as a priority in 3 of last 3 quarters. Capital expenditures were $7.2 million in 2026-Q1 and increased to $10.4 million in 2026-Q2, within the full year budget guidance of $19.5 million to $24.5 million. Management has consistently maintained this budget range and the trajectory shows disciplined spending aligned with the stated capital allocation plan.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Energy names rated weak grew net income 60% of the time over the next year (vs 55% for the rest of the cohort, n=1735).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“The Company continues to expect its full year capital expenditure budget to be between $19.5 million and $24.5 million.”
“The Company continues to expect its full year capital expenditure budget to be between $19.5 million and $24.5 million.”
“The Company continues to expect its full year capital expenditure budget to be between $19.5 million and $24.5 million.”
Manage plugging and abandonment expenses within the guidance range of $34.0 million to $42.4 million for full year 2026 to meet regulatory and operational obligations.
Stated as a priority in 3 of last 3 quarters. Plugging & Abandonment budget is guided between $34.0 million and $42.4 million for 2026. Asset retirement obligation settlements were $17.2 million in 2026-Q1 but declined to $3.4 million in 2026-Q2, reflecting timing variability. Management maintains the budget guidance and progress is consistent with expectations.
“Plugging & Abandonment ($MM) 34.0 – 42.4 for full year 2026.”
“Plugging & Abandonment ($MM) 34.0 – 42.4 for full year 2026.”
“Plugging & Abandonment ($MM) 34.0 – 42.4 for full year 2026.”
Maintain natural gas production volumes within the guided range to support revenue and operational targets for 2026.
Stated as a priority in 3 of last 3 quarters. Natural gas production was 9,223 MMcf in 2026-Q1 and increased to 9,689 MMcf in 2026-Q2, within the full year guidance range of 35,380 to 39,180 MMcf. Management has consistently maintained this production guidance and the trajectory shows stable to improving volumes aligned with the stated target.
“Natural gas production guidance for full year 2026 is 35,380 to 39,180 MMcf.”
“Natural gas production guidance for full year 2026 is 35,380 to 39,180 MMcf.”
“Natural gas production guidance for full year 2026 is 35,380 to 39,180 MMcf.”
Maintain lease operating expenses below or near guidance to improve cost efficiency and support profitability.
Stated as a priority in 2 of last 2 quarters. Lease operating expenses were $66.1 million in 2026-Q1 and increased to $71.6 million in 2026-Q2, remaining below the lower end of the second quarter guidance range of $72.6 million to $80.6 million. Management's focus on cost control is reflected in expenses staying within or below guidance, indicating delivery on this priority.
“Lease operating expenses were $71.6 million, below the lower end of guidance.”
“Lease operating expenses were $66.1 million, below the midpoint of guidance.”
Continue paying quarterly dividends of $0.01 per share to shareholders as part of capital return strategy.
Stated as a priority in 3 of last 3 quarters. The Company paid or declared a consistent quarterly dividend of $0.01 per share in 2025-Q4, 2026-Q1, and 2026-Q2. This demonstrates sustained commitment to returning capital to shareholders through dividends, with no interruptions or reductions reported.
“Declared third quarter 2026 dividend of $0.01 per share.”
“Declared second quarter 2026 dividend of $0.01 per share.”
“Paid tenth consecutive quarterly dividend of $0.01 per share in March 2026.”
Over the trailing year it converted -0.72x of net income into operating cash flow.
Most sensitive to long-term interest rates.
Not enough signal to read sensitivity to the US dollar, the broad stock market, real (inflation-adjusted) rates, Fed net liquidity (low R² over the window).
12 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Energy names rated stable grew net income 59% of the time over the next year (vs 56% for the rest of the cohort, n=627).
Not investment advice. As of 2026-09-04.