W&T Offshore Reports Strong Q1 Earnings Amid Operational and Financial Improvements
W&T Offshore reported first-quarter 2026 results that met or exceeded guidance, with production near the high end of expectations. Realized prices increased by 26% from Q4 to $45.08 per barrel of oil equivalent (BOE), and lease operating expenses dropped 11%. Adjusted EBITDA reached a five-quarter high at $55 million.
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