Today: 31 March 2026
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NASDAQ:WTI 9 March 2026

W&T Offshore earnings: 2025 loss widens after delay as debt falls, offshore rule relief looms

W&T Offshore earnings: 2025 loss widens after delay as debt falls, offshore rule relief looms

W&T Offshore reported a preliminary 2025 net loss of $150.1 million, up from $87.1 million in 2024, as revenue dropped to $501.5 million and free cash flow plunged to $1.5 million. Average oil selling price fell to $64.09 a barrel, though production slightly increased. Year-end liquidity rose to $184.5 million, and net debt declined. The company warned results are unaudited and may change before its March 16 filing.

Stock Market Today

  • Lean Hog Futures Close Mostly Lower Amid Mixed USDA Reports
    March 30, 2026, 8:27 PM EDT. Lean hog futures fell 5 to 30 cents Monday, with May contract rising 15 cents at close, reflecting mixed signals from the USDA. The national base hog price rose 40 cents to $90.92, while the CME Lean Hog Index dropped 28 cents to $91.18. USDA reported a $1.01 increase in pork carcass cutout value to $97.57 per hundredweight. Key primal cuts including loin, butt, and belly saw declines. Federally inspected hog slaughter reached 496,000 head, up from last week and substantially higher than the same week last year. Market participants weighed these factors leading to varied contract performance across nearby futures.
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