W&T Offshore, Inc. Overview
Pro stress-test →W&T Offshore is an independent oil and natural gas producer with offshore operations in the Gulf of America since 1983. The company holds working interests in 50 producing fields across federal and state waters, with approximately 625,000 gross acres under lease, generating revenues through crude oil, natural gas, and natural gas liquids extraction.
Strategic Profile
Pro stress-test →W&T leverages its operational expertise in offshore asset management, particularly in the conventional shelf and deepwater segments of the Gulf of Mexico. The company has strengthened its position through secured surety bond arrangements locking in favorable premium rates through end-2026, and maintains a solid cash position for growth opportunities with improving production volumes and balance sheet metrics.
Competitive Landscape
Pro stress-test →W&T operates in the Gulf of Mexico independent upstream sector alongside peers like Talos Energy, Amplify Energy, Northern Oil and Gas, and VAALCO Energy. The company differentiates through operational control of majority production, diversified field portfolio, and established deepwater expertise, though it faces scale disadvantages versus larger integrated majors and well-capitalized independents.
Industry Context
W&T Offshore, Inc. operates in Oil & Gas Exploration & Production (Upstream - Independent).
Key facts
Founded: 1983 · Headquarters: Houston, Texas, US · Revenue: $127.5M (Q3 2025) · Market cap: $442.62M