Earnings Highlights Ascent Resources & WTI

Ascent Resources (Private)

Ascent Resources reaffirmed its initial 2026 production guidance of 2.10-2.20 Bcfe/d (midpoint 2.15) in the Q1 2026 deck, essentially flat versus FY 2025 actual of 2.149 Bcfe/d (~86% gas), with D&C capex unchanged at $650-$700 million and rig count of 2.5-3.0 — though the company is currently running 4 rigs in Q1 2026, signaling a front-loaded development cadence. 

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W&T Offshore (WTI)

W&T Offshore reaffirmed its full-year 2026 production guidance unchanged in the Q1 2026 release, holding the natural-gas range at 35.4–39.2 Bcf (~0.097–0.107 Bcf/d) versus FY25 actual of 36.9 Bcf (0.101 Bcf/d) — implying flat-to-slightly-higher gas at the midpoint (+1%).

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