W&T Offshore Executive Compensation (FY25)
WTI · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Tracy Krohn | Latest say-on-pay support = June 3, 2026 | Chief executive pay ratio ◇ To the median employee |
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Data as of November 5, 2026Latest filing (8-K): June 4, 2026
12 filings cited on this page
Method: intel.velarion.ai/methodology
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246 figures on this page: 238 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Tracy Krohn: $4,171,834 → $6,183,187 (48.2% higher)
Say-on-pay support: 92.6% → 88.9% (3.7 points lower)
CEO pay ratio: 30:1 → 46:1 (53.3% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is W&T Offshore's chief executive and what were they paid?
Tracy Krohn was paid $6,183,187 in total compensation as Chairman, Chief Executive Officer and President for fiscal 2025. Krohn's total was 48.2% higher than the $4,171,834 reported for fiscal 2024.
What was W&T Offshore's say-on-pay result?
The say-on-pay proposal drew 88.9% of votes cast including abstentions in favor at the meeting held June 3, 2026 for fiscal 2025.
Which companies are in W&T Offshore's peer group?
The disclosed peer group names Amplify Energy Corporation, Berry Corporation, Diversified Energy Corporation, Gran Tierra Energy Inc. and Gulfport Energy Corporation, among others.
What is W&T Offshore's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 46:1, against median employee compensation of $134,878.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Tracy Krohn Chairman, Chief Executive Officer and President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Janet Yang Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
William Williford Executive Vice President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jonathan Curth Executive Vice President, General Counsel and Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Stephen Schroeder Former Senior Vice President and Chief Technical Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Tracy Krohn Chairman, Chief Executive Officer and President (Principal Executive Officer) | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
William Williford Executive Vice President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jonathan Curth Executive Vice President, General Counsel and Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Sameer Parasnis Executive Vice President and Chief Financial Officer (Principal Financial Officer) | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Janet Yang Former Executive Vice President and Chief Financial Officer Departed during or after this year | ◇ | — | — | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Tracy Krohn Chairman, Chief Executive Officer and President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Sameer Parasnis Executive Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
William Williford Executive Vice President and Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
George Hittner Executive Vice President, General Counsel and Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jonathan Curth Former Executive Vice President, General Counsel and Corporate Secretary Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Tracy Krohn Chairman, Chief Executive Officer and President | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Sameer Parasnis Executive Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
William Williford Executive Vice President and Chief Operating Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Huan Gamblin Executive Vice President and Chief Technical Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
George Hittner Executive Vice President, General Counsel and Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| George J. Hittner | PSU | ◇ | — | — | — | — | — | ◇ |
| George J. Hittner | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Huan Gamblin | PSU | ◇ | — | — | — | — | — | ◇ |
| Huan Gamblin | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Sameer Parasnis | PSU | ◇ | — | — | — | — | — | ◇ |
| Sameer Parasnis | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Tracy W. Krohn | PSU | ◇ | — | — | — | — | — | ◇ |
| Tracy W. Krohn | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| William J. Williford | PSU | ◇ | — | — | — | — | — | ◇ |
| William J. Williford | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Huan Gamblin | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| George Hittner | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| William Williford | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Sameer Parasnis | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Tracy Krohn | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Tracy Krohn
Chairman, Chief Executive Officer and President · Employment agreement
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
B. Frank Stanley | ◇ | ◇ | — | — | — | — | ◇ |
Nancy Chang | ◇ | ◇ | — | — | — | — | ◇ |
Daniel O. Conwill IV | ◇ | ◇ | — | — | — | — | ◇ |
John D. Buchanan | ◇ | ◇ | — | — | — | — | ◇ |
Virginia Boulet | ◇ | ◇ | — | — | — | — | ◇ |
Tracy W. Krohn served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- Amplify Energy Corporation AMPY
- Berry Corporation BRY
- Diversified Energy Corporation DEC
- Gran Tierra Energy Inc. GTE
- Gulfport Energy Corporation GPOR
- Kosmos Energy Ltd. KOS
- Riley Exploration Permian, Inc. REPX
- Ring Energy, Inc. REI
- Sandridge Energy Inc. SD
- Talos Energy Inc. TALO
- VAALCO Energy Inc. EGY
- Vital Energy, Inc. VTLE
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 3, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | June 3, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | June 14, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | June 16, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 3, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | May 4, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | May 6, 2020 | = | ◇ | ◇ | ◇ |
| 2016 | May 3, 2017 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Tracy Krohn (Chairman, Chief Executive Officer and President), FY2025 total compensation $6,183,187 (base salary $800,000) [exec_comp, SEC accession 0001104659-26-047016, filed 2026-04-23]What this page does not include
Everything above is a fact W&T Offshore disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where W&T Offshore sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
246 figures on this page: 238 cited to the filing that reported them, 8 calculated from figures it prints.
238 cited to the filing
8 calculated from the filing
Documents cited
- 0001104659-26-070556Proposal 2: To approve, on an advisory basis, the compensation of the Company’s named executive officers.
- 0001104659-26-0470162025 Director Compensation Table · 2025 Grants of Plan-Based Awards · 2025 Summary Compensation Table · Director Compensation · and 2 more sections
- 0001104659-25-056416Proposal 2: To approve, on an advisory basis, the compensation of the Company’s named executive officers.
- 0001104659-25-0353132024 Summary Compensation Table
- 0001558370-24-009251Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-24-0541302023 Summary Compensation Table
- 0001104659-23-072518Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001558370-23-0073892022 Summary Compensation Table
- 0001288403-22-000004Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001437749-21-011534Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001437749-20-009741Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001564590-17-008650Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “W&T Offshore executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/WTI (accessed 2026).
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The W&T Offshore brief, $500
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
12 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers W&T Offshore discloses
The companies named in WTI's own disclosed peer group.
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}