W&T Offshore, Inc. Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Earnings Per Share

3 Months Ended

Mar. 31, 2021

9.	Earnings Per Share

The following table presents the calculation of basic and diluted (loss) earnings per common share (in thousands, except per share amounts):

	*Three Months Ended March 31,*
	*2021*			*2020*
Net (loss) income	$	(746	)	$	65,980
Less portion allocated to nonvested shares		—			791
Net (loss) income allocated to common shares	$	(746	)	$	65,189
Weighted average common shares outstanding		142,151			141,546

Basic and diluted (loss) earnings per common share	$	(0.01	)	$	0.46

Shares excluded due to being anti-dilutive (weighted-average)		—			—