W&T Offshore's Q2 2025 results show increased production, reduced net loss amid oil price spike

W&T's 2025 mid-year reserve report generated by NSAI showed net positive revisions of 1.8 million barrels of oil equivalent (mmboe) per day, which Krohn said continues to demonstrate the strength of the company's asset base and its ability to maximise value from its fields.

"Additionally, we have reached a favourable agreement with our two largest surety providers and preliminary injunction motions against W&T from two additional sureties were recommended denied.

"These positive surety outcomes, coupled with the promising developments in the regulatory environment driven by the White House’s directives, alleviates some of the uncertainty that has unnecessarily and artificially suppressed our stock price and we expect that this will allow us to deliver more value to our shareholders."