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W&T Offshore — Third Quarter 2026 Earnings Summary

W&T Offshore reported a net loss of $13.6 million for the third quarter of 2026, while generating $51.1 million in Adjusted EBITDA and $33.2 million in free cash flow. The company increased its average daily production to 38.2 thousand barrels of oil equivalent per day, representing a 10% rise from the second quarter. On October 1, 2026, W&T converted its credit facility to a reserve-based lending structure, eliminating restrictive cash flow requirements and expanding potential borrowing capacity to $100 million. Additionally, the Board declared a fourth-quarter 2026 dividend of $0.01 per share, payable on November 19, 2026.

Company
W&T OFFSHORE INC
Sector
Energy
Industry
Oil & Gas E&P