W&T Offshore Reports Q3 2025 Results Amid Strategic Growth
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W&T Offshore (WTI) reported its Q3 2025 results, showing a net loss of $71.5 million due to a non-cash valuation allowance against deferred tax assets. However, production increased to 35.6 thousand barrels of oil equivalent per day, and Adjusted EBITDA grew by 11% to $39.0 million. The company reduced lease operating expenses by 8% to $23.27 per barrel and increased unrestricted cash to $124.8 million. W&T Offshore is focused on strategic acquisitions to enhance production and maintain a strong cash position for future opportunities.
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