W&T Offshore, Inc. ($WTI) reported third-quarter 2026 revenue of $167.1 million, topping Wall Street expectations and rising 31.0% from a year earlier. Gross profit climbed to $90.4 million, up 76.2% year over year, reflecting stronger operating results at the top line.
The company’s profitability remained under pressure, with operating profit of $11.8 million and a net loss attributable to common shareholders of $13.6 million. Diluted earnings per share came in at -$0.09, compared with an estimated loss of -$0.05.
Cash generation improved during the quarter, with cash from operating activities reaching $36.6 million, up 38.1% from a year ago. Capital spending declined to $8.2 million, while cash and cash equivalents rose to $191.3 million. Total liabilities stood at $1.17 billion, and the stock moved up 3.0% after the market close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
W&T Offshore, Inc. Insider Trading Activity
W&T Offshore, Inc. insiders have traded $WTI stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $WTI stock by insiders over the last 6 months:
- VIRGINIA BOULET sold 60,000 shares for an estimated $212,400
- DANIEL O. IV CONWILL sold 60,000 shares for an estimated $204,600
- NANCY T CHANG sold 60,000 shares for an estimated $198,600
- WILLIAM J WILLIFORD (EVP & Chief Operating Officer) sold 30,000 shares for an estimated $106,800
- SAMEER PARASNIS (EVP & Chief Financial Officer) sold 30,000 shares for an estimated $106,800
- HUAN GAMBLIN (EVP & Chief Technical Officer) sold 30,000 shares for an estimated $106,500
- GEORGE HITTNER (EVP, GC & Corporate Secretary) sold 30,000 shares for an estimated $105,900
- BART P. III HARTMAN (VP & Chief Accounting Officer) sold 6,000 shares for an estimated $21,240
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
W&T Offshore, Inc. Hedge Fund Activity
We have seen 100 institutional investors add shares of W&T Offshore, Inc. stock to their portfolio, and 74 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- D. E. SHAW & CO., INC. added 6,197,983 shares (+18901.5%) to their portfolio in Q2 2026, for an estimated $19,523,646
- ACADIAN ASSET MANAGEMENT LLC added 3,700,700 shares (+730.2%) to their portfolio in Q2 2026, for an estimated $11,657,205
- NUVEEN, LLC added 3,155,199 shares (+1230.2%) to their portfolio in Q2 2026, for an estimated $9,938,876
- TWO SIGMA INVESTMENTS, LP removed 2,176,627 shares (-42.4%) from their portfolio in Q2 2026, for an estimated $6,856,375
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,989,492 shares (+inf%) to their portfolio in Q2 2026, for an estimated $6,266,899
- AQR CAPITAL MANAGEMENT LLC added 1,980,998 shares (+268.0%) to their portfolio in Q2 2026, for an estimated $6,240,143
- MARSHALL WACE, LLP removed 1,946,792 shares (-61.0%) from their portfolio in Q2 2026, for an estimated $6,132,394
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
