W&T Offshore Inc
NYSE:WTI

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W&T Offshore Inc Logo
W&T Offshore Inc
NYSE:WTI
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Price: 1.44 USD 5.11% Market Closed
Market Cap: 212.2m USD
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Income Statement

Earnings Waterfall
W&T Offshore Inc

Revenue
537.3m USD
Cost of Revenue
-281.9m USD
Gross Profit
255.4m USD
Operating Expenses
-278.8m USD
Operating Income
-23.4m USD
Other Expenses
-40.8m USD
Net Income
-64.2m USD

Income Statement
W&T Offshore Inc

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Income Statement
Currency: USD
Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
997
N/A
949
-5%
822
-13%
708
-14%
600
-15%
507
-15%
457
-10%
408
-11%
389
-5%
400
+3%
447
+12%
470
+5%
473
+1%
487
+3%
497
+2%
523
+5%
566
+8%
581
+3%
563
-3%
548
-3%
526
-4%
535
+2%
543
+1%
463
-15%
404
-13%
347
-14%
348
+0%
426
+22%
487
+14%
558
+15%
623
+12%
764
+23%
897
+17%
921
+3%
862
-6%
714
-17%
590
-17%
533
-10%
542
+2%
558
+3%
537
-4%
Gross Profit
Cost of Revenue
(265)
(265)
(262)
(246)
(219)
(193)
(184)
(175)
(168)
(152)
(148)
(143)
(141)
(144)
(140)
(144)
(147)
(153)
(160)
(165)
(174)
(184)
(196)
(184)
(173)
(163)
(150)
(170)
(173)
(175)
(176)
(181)
(201)
(224)
(246)
(259)
(262)
(258)
(263)
(271)
(282)
Gross Profit
732
N/A
684
-7%
560
-18%
462
-17%
381
-18%
315
-17%
273
-13%
232
-15%
221
-5%
248
+12%
299
+21%
327
+10%
333
+2%
343
+3%
357
+4%
379
+6%
420
+11%
427
+2%
403
-6%
383
-5%
352
-8%
351
0%
347
-1%
280
-19%
231
-17%
184
-20%
198
+8%
256
+30%
314
+23%
383
+22%
448
+17%
583
+30%
696
+19%
697
+0%
616
-12%
455
-26%
328
-28%
275
-16%
278
+1%
287
+3%
255
-11%
Operating Income
Operating Expenses
(630)
(626)
(623)
(599)
(561)
(487)
(421)
(373)
(325)
(296)
(270)
(253)
(239)
(238)
(228)
(233)
(236)
(234)
(183)
(183)
(179)
(232)
(237)
(218)
(206)
(183)
(167)
(179)
(181)
(194)
(175)
(101)
(51)
(243)
(249)
(250)
(244)
(245)
(259)
(274)
(279)
Selling, General & Administrative
(111)
(115)
(110)
(110)
(104)
(93)
(89)
(87)
(84)
(85)
(83)
(82)
(84)
(82)
(83)
(80)
(82)
(84)
(85)
(86)
(80)
(84)
(83)
(72)
(75)
(63)
(59)
(70)
(71)
(80)
(82)
(86)
(101)
(109)
(116)
(116)
(107)
(102)
(104)
(110)
(109)
Depreciation & Amortization
(498)
(491)
(493)
(468)
(436)
(373)
(312)
(266)
(220)
(194)
(170)
(153)
(138)
(139)
(137)
(136)
(137)
(131)
(127)
(126)
(127)
(129)
(134)
(126)
(112)
(98)
(85)
(87)
(88)
(91)
(89)
(85)
(86)
(107)
(105)
(106)
(108)
(115)
(126)
(134)
(138)
Other Operating Expenses
(21)
(21)
(21)
(21)
(21)
(21)
(21)
(21)
(21)
(18)
(18)
(18)
(18)
(17)
(9)
(17)
(17)
(18)
29
29
29
(20)
(19)
(19)
(19)
(23)
(23)
(23)
(23)
(23)
(5)
70
137
(27)
(28)
(29)
(29)
(29)
(29)
(30)
(32)
Operating Income
102
N/A
58
-43%
(64)
N/A
(136)
-114%
(180)
-33%
(173)
+4%
(148)
+14%
(141)
+5%
(104)
+26%
(49)
+53%
28
N/A
75
+165%
93
+25%
106
+13%
128
+21%
146
+14%
184
+26%
193
+5%
220
+14%
200
-9%
173
-14%
119
-32%
111
-7%
62
-44%
24
-61%
1
-97%
30
+3 700%
77
+152%
133
+74%
190
+42%
272
+44%
482
+77%
646
+34%
454
-30%
367
-19%
205
-44%
84
-59%
29
-65%
19
-35%
13
-33%
(23)
N/A
Pre-Tax Income
Interest Income Expense
(86)
(74)
(69)
(62)
(72)
(83)
(87)
(96)
(104)
(95)
(78)
(51)
(41)
(42)
(46)
(56)
(53)
5
(49)
(41)
(38)
(120)
(9)
(29)
(46)
(38)
(122)
(190)
(257)
(245)
(330)
(323)
(360)
(155)
(31)
(31)
16
10
(20)
(23)
(21)
Non-Reccuring Items
0
0
(260)
(513)
(955)
(987)
(844)
(695)
(188)
(155)
(39)
74
8
8
0
0
0
47
0
0
0
0
19
48
48
48
29
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
0
0
0
(2)
(3)
(5)
(6)
(4)
(3)
7
8
2
2
(5)
(5)
1
1
4
3
3
1
(0)
(1)
(1)
(1)
(3)
(3)
(3)
(2)
6
6
8
8
(14)
(14)
(15)
(17)
(6)
(11)
(12)
(26)
Pre-Tax Income
16
N/A
(16)
N/A
(393)
-2 339%
(712)
-81%
(1 210)
-70%
(1 248)
-3%
(1 085)
+13%
(937)
+14%
(398)
+57%
(292)
+27%
(80)
+73%
101
N/A
63
-38%
67
+7%
78
+16%
90
+15%
132
+47%
249
+89%
174
-30%
163
-7%
137
-16%
(1)
N/A
119
N/A
80
-33%
25
-69%
8
-69%
(66)
N/A
(116)
-76%
(125)
-8%
(50)
+60%
(52)
-4%
167
N/A
294
+76%
285
-3%
323
+13%
159
-51%
83
-48%
34
-59%
(11)
N/A
(22)
-98%
(70)
-220%
Net Income
Tax Provision
(6)
5
115
164
184
203
104
96
81
43
46
19
10
119
111
102
107
0
(0)
12
67
75
69
66
32
30
37
41
26
8
9
(35)
(58)
(54)
(63)
(35)
(23)
(18)
(11)
(3)
6
Income from Continuing Operations
10
(12)
(278)
(548)
(1 027)
(1 045)
(980)
(841)
(317)
(249)
(34)
120
73
186
189
192
239
249
174
174
204
74
188
146
56
38
(29)
(75)
(99)
(41)
(43)
132
237
231
260
124
59
16
(22)
(25)
(64)
Net Income (Common)
11
N/A
(12)
N/A
(278)
-2 274%
(548)
-97%
(1 027)
-87%
(1 045)
-2%
(980)
+6%
(841)
+14%
(317)
+62%
(249)
+21%
(34)
+86%
120
N/A
73
-39%
80
+9%
83
+4%
86
+3%
133
+55%
249
+87%
174
-30%
174
0%
202
+16%
73
-64%
185
+155%
144
-22%
56
-61%
37
-33%
(29)
N/A
(74)
-161%
(99)
-33%
(41)
+58%
(43)
-4%
132
N/A
237
+79%
231
-2%
260
+12%
124
-52%
59
-52%
16
-74%
(22)
N/A
(25)
-15%
(64)
-155%
EPS (Diluted)
0.14
N/A
-0.15
N/A
-3.66
-2 340%
-7.22
-97%
-13.52
-87%
-13.76
-2%
-12.82
+7%
-10.98
+14%
-3.43
+69%
-2.6
+24%
-0.24
+91%
0.87
N/A
0.53
-39%
0.57
+8%
0.59
+4%
0.61
+3%
0.95
+56%
1.79
+88%
1.25
-30%
1.24
-1%
1.44
+16%
0.52
-64%
1.32
+154%
1.02
-23%
0.4
-61%
0.26
-35%
-0.21
N/A
-0.52
-148%
-0.7
-35%
-0.29
+59%
-0.3
-3%
0.91
N/A
1.64
+80%
1.59
-3%
1.74
+9%
0.85
-51%
0.4
-53%
0.11
-73%
-0.15
N/A
-0.17
-13%
-0.44
-159%

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