W&T Offshore Q2 Loss Narrower Than Expected, Revenues Decline Y/Y

Production Statistics Production for the quarter averaged 33.5 thousand barrels of oil equivalent per day (MBoe/d), down from 34.9 MBoe/d in the corresponding period of 2024. The reported figure came in lower than our estimate of 34.5 MBoe/d. Oil production totaled 1,259 thousand barrels (MBbls), down from 1,382 MBbls in the year-ago quarter. The figure missed our estimate of 1,427 MBbls. Key Takeaways W&T Offshore Inc. (WTI) reported a second-quarter 2025 loss of 8 cents per share (excluding one item), nar ...