Exhibit 99.1 PRESS RELEASE FOR IMMEDIATE RELEASE W&T Offshore Announces Fourth Quarter and Full Year 2024 Results Including Year-End 2024 Proved Reserves, Provides Guidance for 2025 and Declares Dividend for First Quarter of 2025 HOUSTON, March 3, 2025 – W&T Offshore, Inc. (NYSE: WTI) ("W&T," the "Company" or "us") today reported operational and financial results for the fourth quarter and full year 2024, including the Company's year-end 2024 reserve report. Detailed guidance for the first quarter of 2025 a ...

HOUSTON, March 03, 2025 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T,” the “Company” or “us”) today reported operational and financial results for the fourth quarter and full year 2024, including the Company’s year-end 2024 reserve report. Detailed guidance for the first quarter of 2025 and full year 2025 was also provided, and W&T announced its dividend for the first quarter of 2025. This press release includes non-GAAP financial measures, including Adjusted Net Loss, Adjusted EBITDA, Free Cash ...

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Core Viewpoint - W&T Offshore (WTI) is expected to report a quarterly loss of $0.18 per share, reflecting a significant decline of 200% year-over-year, with revenues projected at $128.77 million, down 2.7% from the previous year [1]. Earnings Estimates - The consensus EPS estimate for the quarter has been revised upward by 30.8% in the last 30 days, indicating a reassessment by analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are strongly correlated with short-term stock price performance [3]. Revenue Projections - Analysts forecast 'Revenues- NGLs' at $6.55 million, a decrease of 4.4% year-over-year [4]. - 'Revenues- Natural gas' are expected to reach $34.05 million, showing a year-over-year increase of 15.8% [5]. - 'Revenues- Oil' are projected at $86.31 million, indicating an 8.3% decline compared to the previous year [5]. Sales Volumes - Estimated 'Net sales volumes - Natural Gas' are 9,279.68 MMcf, down from 9,533 MMcf in the same quarter last year [6]. - 'Net sales volumes - NGLs' are expected to be 272.30 MBBL, compared to 329 MBBL a year ago [6]. - Total estimated 'Net sales volumes - Oil and natural gas' are 3,059.95 MBoe, down from 3,302 MBoe year-over-year [7]. Average Realized Prices - The average realized sales price for 'Natural gas ($/Mcf)' is projected at $2.98, down from $3.08 in the same quarter last year [8]. - 'Oil ($/Bbl)' average realized sales price is expected to be $69.92, compared to $77.17 a year ago [8]. - 'NGLs ($/Bbl)' average realized sales price is forecasted at $23.74, up from $20.82 year-over-year [9]. Stock Performance - Over the past month, W&T shares have returned +0.6%, while the Zacks S&P 500 composite has declined by -2.2% [10]. - WTI currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [10].

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...