W&T Offshore to Ring the Closing Bell at the New York Stock Exchange to Commemorate its 20th Anniversary as a Public Company

Strategic Insights -

W&T Offshore, Inc. is celebrating a significant milestone as it commemorates its 20th anniversary as a publicly traded company. Tracy Krohn, the company's Founder, Chairman, CEO, and President, will ring the closing bell at the New York Stock Exchange (NYSE) on August 4, 2025. This marks a momentous occasion for the company, which has undergone significant growth and development over the past 42 years since its founding in 1983. W&T's commitment to responsible energy production and advocacy for the offshore Gulf of America sector has been unwavering, and the company continues to execute and improve its unique and resilient business model.

Key Takeaways:

  • W&T Offshore, Inc. will ring the closing bell at the NYSE on August 4, 2025, to commemorate its 20th anniversary as a publicly traded company.
  • The company's Founder, Chairman, CEO, and President, Tracy Krohn, will participate in the ceremony along with the Board of Directors and senior management team.
  • W&T has grown significantly over the past 42 years, with operations shifting to focus on the offshore Gulf of America sector.
  • The company has maintained a commitment to responsible energy production and advocacy for the offshore sector.
  • As of March 31, 2025, W&T has working interests in 52 fields in federal and state waters, with a total of 634,700 gross acres under lease.
  • The majority of the company's daily production is derived from wells it operates.
  • W&T has a strong presence in the offshore Gulf of America sector, with operations spanning across Louisiana, Texas, Mississippi, and Alabama.
  • The company has undergone significant growth through acquisitions, exploration, and development since its founding in 1983.

Statistics:

  • W&T Offshore, Inc. is celebrating its 20th anniversary as a publicly traded company.
  • The company has been in operation for 42 years since its founding in 1983.
  • As of March 31, 2025, W&T has working interests in 52 fields in federal and state waters.
  • The company has a total of 634,700 gross acres under lease, spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi, and Alabama.
  • Approximately 487,200 gross acres are on the conventional shelf, 141,900 gross acres are in the deepwater, and 5,600 gross acres are in Alabama state waters.

Sources:

  • W&T Offshore, Inc.
  • W&T Offshore, Inc. Press Release (July 30, 2025)
  • GLOBE NEWSWIRE (July 30, 2025)
  • W&T Offshore, Inc. website (www.wtoffshore.com)
  • NYSE website (www.NYSE.com)