WTI NYSE
Credit Risk of going bust: higher than 86% of companies Debt: 35.6% of company value Bonds: $34.0M held by 27 funds, 472 bp over Treasuries → details ▾
If the stock fell to about $0.32 (down 92%), W&T Offshore, Inc. would be worth roughly what it owes.
Total debt $353.4M against a stock market value of $640.0M.
Distance to default 2.10 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $179.9M (short-term plus half of long-term), stock volatility 80.9%; Altman Z'' -2.67. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Houston, TX 77057-5745
US
W&T Offshore, Inc. operates as an independent energy producer, primarily focused on the identification, acquisition, and development of crude oil and natural gas assets within the Gulf of Mexico. The company markets and sells a range of products, including crude oil, natural gas liquids (NGLs), and natural gas. As of December 31, 2021, W&T Offshore held operational interests across 43 fields in both federal and state offshore territories. Its portfolio of leased properties encompassed approximately 606,000 gross acres, with a breakdown of roughly 419,000 gross acres situated on the Gulf of Mexico Shelf and about 187,000 gross acres in the Gulf's deepwater region. Founded in 1983, the firm maintains its corporate headquarters in Houston, Texas.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Gamblin Huan | M-Exempt | 8,312 | — | 2026-08-08 |
| Gamblin Huan | F-InKind | 3,271 | $3.43 | 2026-08-08 |
| Gamblin Huan | M-Exempt | 8,312 | — | 2026-08-08 |
| Williford William J | M-Exempt | 56,075 | — | 2026-08-08 |
| Williford William J | F-InKind | 22,066 | $3.43 | 2026-08-08 |