W&T Offshore is trading 5.5% up at $3.32 after strong second-quarter results on August 5, 2026.
- Revenue reached $162.6 million, net income was $12.6 million, and diluted EPS was $0.08, versus a year-earlier loss.
- Results benefited from higher realized commodity prices, lower costs, and stronger free cash flow; management maintained full-year production guidance and declared a $0.01 quarterly dividend.
- The gain is most likely an earnings reaction ahead of the scheduled 10:00 a.m. Eastern conference call on August 6, 2026.