About W&T Offshore
W&T Offshore is a publicly listed company based in Houston (United States) founded in 1983 by Tracy W Krohn. Oil and natural gas are produced independently in offshore fields. It operates on a Direct-to-Consumer (D2C) model. The company has 400 employees. Its chief executive, as recorded, is Tracy W Krohn. W&T Offshore offers products and services including Oil Production and Natural Gas Production. Its focus areas include Energy, Oil & Gas and Exploration & Production. Its legal entity is W&T Offshore, Inc.
Company details
WT Offshore, Inc. is involved in the exploration, development, and acquisition of oil and natural gas properties. Operations are focused in the Gulf of America, covering both deepwater and continental shelf areas. The company holds interests in 50 offshore fields and manages leases spanning approximately 630,000 gross acres. Growth is achieved through strategic acquisitions and active development of energy resources in the region.
- Headquarters Houston, United States
- Employees 400
- Founders Tracy W Krohn
- Stage Public
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website wtoffshore.com
- Social LinkedIn
- Legal Name W&T Offshore, Inc.
- Annual Revenue$501.46 M (USD)-4.53as on Dec 31, 2025
- Net Profit-$150.06 M (USD)-72.2as on Dec 31, 2025
- EBITDA$96.98 M (USD)-27.19as on Dec 31, 2025
- Latest Funding Round$625M (USD), Debt – Conventional
Oct 2018
- Investors
- Employee Count400
Products & Services of W&T Offshore
W&T Offshore offers a comprehensive portfolio of products and services, including Oil Production and Natural Gas Production.
Oil is extracted from offshore fields in Gulf.
Natural gas is produced from Gulf offshore fields.
Funding Insights of W&T Offshore
- Total Rounds 2
- Last Round Debt – Conventional — $625M
- First Round $361M
(Aug 2018)
- Investors Count 1
All 2 funding rounds of WT Offshore with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2018 | $625M | Debt – Conventional | – | – | – |
| Aug 2018 | $361M | Post-IPO | – | – |
1 investors in total: 1 institutional.
Investors in W&T Offshore
W&T Offshore has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include HarbourVest Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private market investment solutions are offered to institutional clients. | 1982 | harbourvest.com | Boston, United States |
Investor details for WT Offshore
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of W&T Offshore
35 people are tracked at W&T Offshore (17 in leadership, 4 in board & advisors, 14 in team); the tracked headcount is 400.
| Name | Role | Group |
|---|---|---|
Tracy W Krohn | Founder & CEO | Leadership |
Bart Hartman, III | VP & Chief Accounting Officer | Leadership |
Sameer Parasnis | Executive Vice President & CFO | Leadership |
Todd E. Grabois | VP & Treasurer | Leadership |
William J. Williford | Executive Vice President & COO | Leadership |
Stephen L. Schroeder | SVP & CTO | Leadership |
Jonathan Curth | Executive Vice President, General Counsel & Corporate Secretary | Leadership |
Jake G. Woodall | VP, Midstream | Leadership |
Alvin T. Haynes | Vice President & Chief Information Officer | Leadership |
Jim Chen | Director, Data Management & Development Operations | Leadership |
Tracy Hackenbruch | Director, Marketing | Leadership |
Matt McFarland | Director Reservoir Engineering | Leadership |
Charla Parker-Thompson | Director Of Internal Audit | Leadership |
Kevin W. Manuel | Director Marketing | Leadership |
Bikram Dhindsa | Director Of Finance | Leadership |
Huan Gamblin | VP, Business Development | Leadership |
Steve Hamm | VP, HSE & R | Leadership |
Daniel O. Conwill IV | Director | Board & advisors |
B. Frank Stanley | Director | Board & advisors |
Virginia Boulet | Director | Board & advisors |
15 more people are available in the full profile.
Complete people profiles for W&T Offshore
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of W&T Offshore
W&T Offshore is a publicly listed company on the NYSE with ticker symbol WTI in USA, operating in the Energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Jan 2005
- Listed onNYSE: WTI
- Listed entityW&T Offshore, Inc.
- Exchange sectorEnergy minerals
- ISINUS92922P1066
- Share price$3.83 (+2.13% on the day) · 2026-10-13
- Market capitalisation$578.1M
- EPS (diluted, trailing year)$-0.74
- Dividend yield1.07%
- Volume (last session)3,281,568
Financials of W&T Offshore
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $501.5M | -$150.1M | $97.0M |
| 2024 | $525.3M | -$87.1M | $133.2M |
| 2023 | $532.7M | $15.6M | $171.0M |
| 2022 | $921.0M | $231.2M | $587.7M |
| 2021 | $558.0M | -$41.5M | $301.0M |
Detailed financial statements for W&T Offshore
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of W&T Offshore
4 dated milestones of W&T Offshore across 35 years, from founding to its latest funding, stage changes and deals.
- Founded W&T Offshore is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $361.0M.
- Funding Latest funding round, Debt – Conventional, of $625.0M.
Web traffic of W&T Offshore
The website of W&T Offshore (wtoffshore.com) receives about 7.7K visits a month.
- Monthly visits7.7K
▼ 5.1% vs previous month
Websites whose visitors overlap most with W&T Offshore. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| murphyoilcorp.com | 100% | 26K | #1,122,378 | View details | |
| coterra.com | 86% | 12.7K | #1,826,966 | View details | |
texas-drilling.com | texas-drilling.com | 83% | #800,768 | – | |
woodside.com.au | woodside.com.au | 80% | #1,481,464 | – | |
| repsol.com | 80% | 1.4M | #43,105 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for W&T Offshore
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 21 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Oil & Gas Operations
3 companies that operate in the same segment as W&T Offshore (Oil & Gas Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oilfield services and products are supplied worldwide by Schlumberger. | 1926 | United States | USD 35.69 B | 110,000 | ||
bp is recognized as a global energy company. | 1909 | United States | USD 185.5 B | 100,500 | ||
Energy production and transportation are conducted by Dominion Energy. | 1983 | United States | USD 16.73 B | 14,700 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about W&T Offshore
Complete news archive for WT Offshore
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about W&T Offshore
W&T Offshore was founded in 1983 and raised its 1st funding round 35 years after it was founded.
W&T Offshore is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Tracy W Krohn is the CEO of W&T Offshore, as recorded in our data. They have also founded this company.
W&T Offshore has 400 employees.
Annual revenue of W&T Offshore is $501.46M as on Dec 31, 2025.
WT Offshore, Inc. is involved in the exploration, development, and acquisition of oil and natural gas properties. Operations are focused in the Gulf of America, covering both deepwater and continental shelf areas. The company holds interests in 50 offshore fields and manages leases spanning approximately 630,000 gross acres. Growth is achieved through strategic acquisitions and active development of energy resources in the region.
W&T Offshore offers Oil Production and Natural Gas Production.
Yes, W&T Offshore is publicly traded on NYSE under the ticker symbol WTI.
W&T Offshore has 1 investor. Key investors include HarbourVest Partners.
W&T Offshore operates through W&T Offshore, Inc..