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W&T Offshore reports Q1 2026 production growth, improved EBITDA, and declares $0.01 dividend for Q2 2026

Company Fundamentals
07 May 2026
GlobeNewsWire
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Bullish
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W&T Offshore announced strong Q1 2026 results with production at 36.2 MBoe/d, up 19% from Q1 2025, and Adjusted EBITDA rising 137% to $54.5 million compared to Q4 2025. Despite a net loss of $22.5 million, the company generated $21 million in free cash flow and reduced operating expenses. W&T declared a $0.01 per share dividend for Q2 2026, reflecting confidence in operational and financial stability. The company expects steady production and increased expenses in Q2 due to planned maintenance but remains focused on cost control and potential acquisitions.

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