WTI — what changed in the latest 10-Q
A section-by-section comparison of WTI's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-10-29 vs the prior 10-Q · 2026-08-05
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +10 | −12 | ~26 | 27 |
| Market risk (Item 3) | Text added/removed | 0 | 0 | ~1 | 7 |
| Controls & procedures | Text added/removed | +1 | −2 | ~1 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~1 | 0 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Not shown (absent or not faithfully extractable): Legal proceedings
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-10-29
On October 1, 2026, we entered into the Amended Credit Agreement, pursuant to which our revolving credit facility was converted into a reserve-based revolving credit facility, with an aggregate maximum credit amount of $100.0 million and an aggregate elected commitment amount initially set at $50.0 …
On October 29, 2026, we declared a regular quarterly dividend of $0.01 per share of common stock for the fourth quarter of 2026. We expect to pay the dividend on November 19, 2026 to stockholders of record as of the close of business on November 12, 2026.
In its Short-Term Energy Outlook published in October 2026, the Energy Information Administration (the “EIA”) assumes that a combination of convoys through the Strait of Hormuz and workarounds to oil exports from the Middle East, including bypass routes and increased use of ship-to-ship transfers, w…
The EIA is forecasting the Henry Hub spot price for natural gas to average $3.16 per MMBtu in 2027, a 9% decrease from 2026. The decrease reflects ongoing higher-than-average natural gas inventories driven by production increases that offset rising liquefied natural gas exports.
Our average realized sales price for oil and natural gas differs from the WTI average price and the NYMEX Henry Hub average price, respectively, primarily due to premiums or discounts, quality adjustments, location adjustments and volume weighting (collectively referred to as differentials). Oil pri…
Text removed vs the prior filing · source: 10-Q · 2026-08-05
On August 5, 2026, we declared a regular quarterly dividend of $0.01 per share of common stock for the third quarter of 2026. We expect to pay the dividend on August 26, 2026 to stockholders of record as of the close of business on August 19, 2026.
On June 18, 2026, the United States and Iran signed a memorandum of understanding (“MOU”) related to the conflict between the two countries, including with respect to the re-opening of the Strait of Hormuz, which had been closed earlier in 2026 and had contributed to elevated oil prices. Expectation…
Just over a week after signing the MOU, Iran launched a drone strike against a ship in the Strait of Hormuz. The attack, interpreted by the United States as a violation of the ceasefire agreement, prompted a round of contained strikes against Iran. In addition, Yemen’s Houthis opened a new front in …
The Henry Hub spot price averaged $2.95 per MMBtu for the second quarter of 2026, and the EIA expects the spot prices for Henry Hub natural gas to average $3.47 per MMBtu for the remainder of 2026 and average $3.49 per MMBtu in 2027. The EIA expects that record natural gas production will help meet …
Our average realized sales price for oil and natural gas differs from the WTI average price and the NYMEX Henry Hub average price, respectively, primarily due to premiums or discounts, quality adjustments, location adjustments and volume weighting (collectively referred to as differentials). Oil pri…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-10-29
During the quarter ended September 30, 2026, there was no change in our internal control over financial reporting that materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
Text removed vs the prior filing · source: 10-Q · 2026-08-05
procedures are designed to ensure that information required to be disclosed by us in such reports is accumulated and communicated to our management, including our CEO and CFO, as appropriate to allow timely decisions regarding required disclosure.
During the quarter ended June 30, 2026, there was no change in our internal control over financial reporting that materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice