Latest 6 stories · newest Oct 29, 2026
W&T Offshore achieved Q3 production and cash flow targets, improving debt ratios. The company declared a $0.01 Q4 2026 dividend and converted its credit facility for greater flexibility.
W&T Offshore Inc. has executed a Second Amendment to its credit agreement dated Jan. 28, 2025, with lenders including Texas Capital Bank. The amendment supplements the financing terms by attaching new annexes to amend the agreement and schedule, and to add a new Exhibit G.
W&T Offshore increased Tracy Krohn's minimum annual base salary to $1 million under a new amendment, as of August 5, 2026.
W&T Offshore reported second quarter 2026 operational and financial results, including a net income of $12.6 million, increased free cash flow to $31.4 million, and declared a $0.01 per share dividend for the third quarter of 2026.
W&T Offshore's board approved Amendment No. 1 to its 2023 Incentive Compensation Plan, increasing the aggregate share issuance limit to 22 million shares, effective June 3, 2026 following shareholder approval. The amendment provides greater flexibility for executive compensation and equity awards wh…
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