7 Nov 2024quarterly activities report▼ Bad
W&T OFFSHORE INC reported quarterly revenue of $121.4 million and a net loss of $36.9 million for the period ended 2024-09-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
22 Oct 2024securities registration● Neutral
W&T OFFSHORE INC amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
18 Oct 2024substantial holder notice● Neutral
STATE STREET CORPORATION reported a W&T OFFSHORE INC shareholding of 2,570,385 shares (1.80% of votes) in a periodic institutional filing.
11 Oct 2024securities registration● Neutral
W&T OFFSHORE INC registered a securities offering with the SEC using its shelf eligibility.
4 Sept 2024director interest notice● Neutral
George Hittner became a W&T OFFSHORE INC EVP, GC & Corporate Secretary and company insider (initial ownership filing).
4 Sept 2024director interest notice● Neutral
W&T OFFSHORE INC EVP, GC & Corporate Secretary George Hittner received 132,399 shares as part of the equity award.
12 Aug 2024director interest notice● Neutral
W&T OFFSHORE INC VP & Chief Accounting Officer Bart P. Hartman III received a stock option grant for 22,274 shares.
12 Aug 2024director interest notice● Neutral
W&T OFFSHORE INC EVP & Chief Operating Officer William J Williford received a stock option grant for 168,224 shares.
12 Aug 2024director interest notice● Neutral
W&T OFFSHORE INC Chairman, CEO & President Tracy W Krohn received a stock option grant for 398,754 shares.
12 Aug 2024director interest notice● Neutral
W&T OFFSHORE INC EVP & Chief Financial Officer Sameer Parasnis received a stock option grant for 168,224 shares.
7 Aug 2024quarterly activities report▼ Bad
W&T OFFSHORE INC reported quarterly revenue of $142.8 million and a net loss of $15.4 million for the period ended 2024-06-30.
7 Aug 2024quarterly activities report▼ Bad
W&T filed its 10-Q for the quarter ended June 30, 2024, showing cash of $123.4 million and total assets of $1,148.6 million. Long-term debt, net was $377.0 million at quarter end.
8 July 2024director interest notice● Neutral
W&T OFFSHORE INC EVP & Chief Financial Officer Sameer Parasnis exercised stock options for 22,685 shares and disposed of 31,612 shares.
1 July 2024auditor change● NeutralMajor
W&T dismissed Ernst & Young as its independent auditor (with no disagreements and clean opinions on its 2022-2023 financials) and engaged Deloitte & Touche to audit fiscal 2024; the same filing also extended its credit agreement's maturity by six months, to December 31, 2024, finally breaking the run of one-month rollovers.
18 June 2024director interest notice● Neutral
W&T OFFSHORE INC director Daniel O. Conwill IV acquired 112,652 shares and disposed of 38,760 in a set of related equity transactions.
18 June 2024director interest notice● Neutral
W&T OFFSHORE INC director John D Buchanan received a stock option grant for 73,892 shares.
18 June 2024director interest notice● Neutral
W&T OFFSHORE INC director B Frank Stanley acquired 112,652 shares and disposed of 38,760 in a set of related equity transactions.
18 June 2024director interest notice● Neutral
W&T OFFSHORE INC director Nancy T Chang acquired 112,652 shares and disposed of 38,760 in a set of related equity transactions.
18 June 2024director interest notice● Neutral
W&T OFFSHORE INC director Virginia Boulet acquired 112,652 shares and disposed of 38,760 in a set of related equity transactions.
7 June 2024director interest notice● Neutral
W&T OFFSHORE INC EVP & Chief Operating Officer William J Williford exercised stock options for 45,000 shares and disposed of 55,958 shares.
7 June 2024director interest notice● Neutral
W&T OFFSHORE INC Chairman, CEO & President Tracy W Krohn exercised stock options for 106,666 shares and disposed of 148,640 shares.
7 June 2024director interest notice● Neutral
W&T OFFSHORE INC VP & Chief Accounting Officer Bart P. Hartman III exercised stock options for 5,958 shares and disposed of 7,409 shares.
30 May 2024debt financing● Neutral
W&T extended its credit agreement's maturity again, to June 30, 2024.
10 May 2024quarterly activities report▼ Bad
W&T OFFSHORE INC reported quarterly revenue of $140.8 million and a net loss of $11.5 million for the period ended 2024-03-31.
10 May 2024quarterly activities report▼ Bad
W&T OFFSHORE INC reported quarterly revenue of $140.8 million and a net loss of $11.5 million for the period ended 2024-03-31.
1 May 2024debt financing● Neutral
W&T extended its credit agreement's maturity again, to May 31, 2024, continuing the run of short monthly rollovers.
16 Apr 2024director interest notice● Neutral
John D Buchanan became a W&T OFFSHORE INC director and company insider (initial ownership filing).
28 Mar 2024debt financing● Neutral
W&T signed a Sixteenth Amendment to its credit agreement on March 28, 2024, extending the maturity date from March 28, 2024 to April 30, 2024. No borrowings were outstanding at December 31, 2023, and $4.4 million of letters of credit were cash collateralized.
18 Mar 2024material agreement▲ GoodMajor
W&T deferred about $30.1 million of 2024 principal payments on its Munich Re-financed Mobile Bay term loan (repayments to resume in 2025), a liquidity-easing modification with no change to the loan's rate or 2028 maturity.
1 Mar 2024debt financing● Neutral
W&T extended its undrawn credit agreement's maturity again, to March 28, 2024.