
W&T Offshore (NYSE:WTI) reported first-quarter 2026 results that management said met or exceeded guidance across several operational and financial measures, helped by steady production, higher realized pricing and lower operating costs.
Chairman and CEO Tracy Krohn told investors the Gulf of Mexico producer “started 2026 on a positive note,” with production of 36,200 barrels of oil equivalent per day, near the high end of guidance and flat with the fourth quarter of 2025 despite adverse weather early in the year.