Filing Flows › W&T Offshore (WTI) › How it makes money
How W&T Offshore (WTI) makes money
W&T Offshore (WTI) made $167M of revenue in the third quarter 2026 (Q3 2026), +31% from a year earlier. Oil brought in $112M (67%); Natural gas brought in $41.2M (25%); NGLs brought in $9.1M (5%).
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Oil | $112M | 66.9% | -7% | +33% |
| Natural gas | $41.2M | 24.7% | +28% | +10% |
| NGLs | $9.1M | 5.5% | +51% | +128% |
| Other | $5.0M | 3.0% | +23% | +151% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $167M | 100.0% |
| Income tax | $498K | 0.3% |
| Operating cash flow | $36.6M | 21.9% |
| Free cash flow | $28.5M | 17.1% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $167M | +31% |
| Q2 2026 | $163M | +33% |
| Q1 2026 | $150M | +16% |
| Q4 2025 | $122M | +1% |
| Q3 2025 | $128M | +5% |
| Q2 2025 | $122M | -14% |
| Q1 2025 | $130M | -8% |
From W&T Offshore's 10-Q filed Oct 29, 2026 (on EDGAR).
Questions
How does W&T Offshore make money?
W&T Offshore (WTI) made $167M of revenue in the third quarter 2026 (Q3 2026), +31% from a year earlier. Oil brought in $112M (67%); Natural gas brought in $41.2M (25%); NGLs brought in $9.1M (5%).
What is W&T Offshore's biggest business?
Oil: $112M in the third quarter 2026, 67% of revenue, +33% from a year earlier.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.