W&T Offshore announces Q2 2026 results and dividend
Net income of $12.6 million, free cash flow up 50% to $31.4 million, and a quarterly dividend of $0.01 per share.
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Independent oil and natural gas producer in Gulf of America
wtoffshore.comLast updated
In short: W&T Offshore returned to profitability in Q2 2026, reporting $12.6 million in net income and strong free cash flow growth.
Net income of $12.6 million, free cash flow up 50% to $31.4 million, and a quarterly dividend of $0.01 per share.
Production reached 36.2 MBoe/d with 53% liquids. Reduced LOE to $66.1M. Declared $0.01/share dividend for Q2. Adjusted EBITDA rose to $54.5M.
Reports production of 34.0 MBoe/d, reserves of 121.0 MMBoe, reduced net debt, and 2026 guidance. Declares Q1 2026 dividend.
Payable March 26 to record holders on March 19. Marks ninth consecutive quarterly dividend since November 2023.
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