W&T Offshore Inc. Reports Q2 2025 Oil Revenue Decline to $80M, Down from $110.97M in Q2 2024
W&T Offshore Inc. reported its financial results for the second quarter ending June 30, 2025. The company recorded oil revenues of $80.014 million, a decline from $87.716 million in the first quarter of 2025 and a decrease from $110.965 million in the second quarter of 2024. For the six months ended June 30, 2025, oil revenues totaled $167.73 million, down from $217.98 million during the same period in 2024. W&T Offshore expects that substantially all of its income taxes for 2025 will be deferred. The company also held a special event to commemorate twenty years of being listed on the New York Stock Exchange by ringing the closing bell on August 4, 2025.
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