W&T Offshore Forecasts Q4 2026 Production Midpoint and Increases 2026 Capital Expenditures
W&T Offshore (WTI) has provided updated guidance for the end of 2026, forecasting a production midpoint of 33,700 barrels of oil equivalent per day (BOE/d). To support its operational goals, the company is increasing its capital expenditure forecast for 2026 to a range of $35 million to $38 million. During the Q3 earnings call, management highlighted a strengthening financial position heading into 2027. Despite a lack of recent drilling activity or mergers and acquisitions, the company reported production resilience and a positive trend in its quarterly results.
Tickers: $WTI
Topics: earnings report financial performance production resilience