13 Feb 2024substantial holder notice● Neutral
The Vanguard Group reported a W&T OFFSHORE INC shareholding of 6,128,403 shares (4.18% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
29 Jan 2024substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial W&T OFFSHORE INC shareholding (5.70% of votes).
26 Jan 2024debt financing● Neutral
W&T extended its undrawn credit agreement's maturity another month, to February 29, 2024, continuing the pattern of short rollovers rather than a full renewal.
3 Jan 2024director interest notice● Neutral
W&T OFFSHORE INC Chairman, CEO & President Tracy W Krohn exercised stock options for 157,737 shares and disposed of 222,462 shares.
3 Jan 2024director interest notice● Neutral
W&T OFFSHORE INC EVP & Chief Operating Officer William J Williford exercised stock options for 26,080 shares and disposed of 37,726 shares.
3 Jan 2024director interest notice● Neutral
W&T OFFSHORE INC VP & Chief Accounting Officer Bart P. Hartman III exercised stock options for 6,117 shares and disposed of 7,933 shares.
3 Jan 2024director interest notice● Neutral
W&T OFFSHORE INC EVP,Gen Counsel&Corp Secretary Jonathan Charles Curth exercised stock options for 5,834 shares and disposed of 7,564 shares.
2 Jan 2024debt financing● Neutral
W&T extended its undrawn credit agreement's maturity by one month (to January 31, 2024), the first in what became a long run of short monthly extensions rather than a full multi-year renewal.
15 Dec 2023material agreement▲ GoodMajor
Barely six weeks after the original deal fell through, W&T signed a new, smaller purchase agreement with the same Cox Oil/Energy XXI sellers for most of the same central Gulf of Mexico shelf fields (dropping Eugene Island 24), reviving the acquisition at reduced scope.
8 Nov 2023quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $142.4 million and net income of $2.1 million for the period ended 2023-09-30.
8 Nov 2023dividend declaration▲ GoodMajor
W&T's board approved the company's first-ever quarterly cash dividend, an initial $0.01 per share, marking a shift toward returning cash to shareholders on the strength of its balance sheet.
7 Nov 2023quarterly activities report● Neutral
W&T OFFSHORE INC reported quarterly revenue of $142.4 million and net income of $2.1 million for the period ended 2023-09-30.
26 Oct 2023material agreement termination▼ BadMajor
W&T terminated its September 2023 purchase agreement for the Cox Oil/Energy XXI Gulf of Mexico shelf assets after the extended deadline passed without closing.
18 Oct 2023material agreement▼ Bad
W&T and the Cox Oil/Energy XXI sellers pushed back the deadlines in their September purchase agreement by only a few days, a short technical extension that preceded the deal's collapse a week later.
3 Oct 2023director interest notice● Neutral
W&T OFFSHORE INC VP & Chief Accounting Officer Bart P. Hartman III exercised stock options for 2,126 shares and disposed of 2,644 shares.
3 Oct 2023director interest notice● Neutral
W&T OFFSHORE INC EVP & Chief Operating Officer William J Williford exercised stock options for 8,455 shares and disposed of 10,514 shares.
3 Oct 2023director interest notice● Neutral
W&T OFFSHORE INC Chairman, CEO & President Tracy W Krohn exercised stock options for 77,227 shares and disposed of 107,616 shares.
29 Sept 2023material agreement▲ GoodMajor
W&T agreed to buy a group of Gulf of Mexico central-shelf fields (Eugene Island 24 and 64, Main Pass 61, Mobile Bay 904 and 916, West Delta 73, South Pass 49) plus a pipeline interest from Cox Oil Offshore and affiliated Energy XXI entities.
2 Aug 2023quarterly activities report▼ Bad
W&T OFFSHORE INC reported quarterly revenue of $126.2 million and a net loss of $12.1 million for the period ended 2023-06-30.
1 Aug 2023quarterly activities report▼ Bad
W&T OFFSHORE INC reported quarterly revenue of $126.2 million and a net loss of $12.1 million for the period ended 2023-06-30.
6 July 2023director interest notice● Neutral
W&T OFFSHORE INC director Daniel O. Conwill IV received a stock option grant for 38,760 shares.
6 July 2023director interest notice● Neutral
W&T OFFSHORE INC director Virginia Boulet received a stock option grant for 38,760 shares.
6 July 2023director interest notice● Neutral
W&T OFFSHORE INC EVP & Chief Financial Officer Sameer Parasnis received a stock option grant for 68,055 shares.
6 July 2023director interest notice● Neutral
W&T OFFSHORE INC director B Frank Stanley received a stock option grant for 38,760 shares.
6 July 2023director interest notice● Neutral
W&T OFFSHORE INC director Nancy T Chang received a stock option grant for 38,760 shares.
3 July 2023director interest notice● Neutral
Sameer Parasnis became a W&T OFFSHORE INC EVP & Chief Financial Officer and company insider (initial ownership filing).
7 June 2023director interest notice● Neutral
W&T OFFSHORE INC EVP,Gen Counsel&Corp Secretary Jonathan Charles Curth received a stock option grant for 127,500 shares.
7 June 2023director interest notice● Neutral
W&T OFFSHORE INC Chairman, CEO & President Tracy W Krohn received a stock option grant for 320,000 shares.
7 June 2023director interest notice● Neutral
W&T OFFSHORE INC officer Bart P. Hartman III received a stock option grant for 17,875 shares.
7 June 2023director interest notice● Neutral
W&T OFFSHORE INC EVP & Chief Operating Officer William J Williford received a stock option grant for 135,000 shares.