W&T Offshore Inc Stock: price and insider trades · United States

W&T Offshore, Inc. (NYSE: WTI) is a US-based independent oil and natural gas producer with substantially all of its operations offshore in the Gulf of Mexico — referred to by the company in recent SEC filings as the Gulf of America — and corporate headquarters in Houston, Texas, United States. Founded in 1983 by Chairman and CEO Tracy Krohn, the company has built its strategy around the acquisition, exploration, and development of offshore oil and gas properties, with a particular focus on mature or underdeveloped assets that can generate attractive capital returns. For international investors, W&T Offshore is best understood as a niche upstream energy company with a concentrated asset base and a business model highly leveraged to commodity prices, especially crude oil, natural gas, and NGLs.

The company operates as a single reportable segment and concentrates almost entirely on offshore production. In its recent SEC filings, W&T reported working interests in 49 producing offshore fields as of year-end 2025, spanning federal and state waters along the coasts of Louisiana, Texas, Mississippi, and Alabama. It also controls a sizable offshore lease position across the outer continental shelf, with a meaningful mix of conventional shelf and deepwater acreage. A majority of daily production comes from wells it operates directly, which gives the company tighter control over operating decisions, maintenance schedules, and capital allocation. Its operating philosophy is centered on improving production from existing assets, applying technical expertise to mature reservoirs, and pursuing high-return projects with disciplined spending.