WTI
Income statement / Annual
Last year (2023), W&T Offshore, Inc.'s total revenue was $532.66 M,
a decrease of 42.17% from the previous year.
In 2023, W&T Offshore, Inc.'s net income was $15.60 M.
See W&T Offshore, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$532.66 M
|
$921.00 M
|
$558.01 M
|
$346.63 M
|
$534.90 M
|
$580.71 M
|
$487.10 M
|
$399.99 M
|
$507.27 M
|
$948.71 M
|
| Cost of Revenue |
$140.93 M |
$393.17 M |
$141.37 M |
$141.23 M |
$176.97 M |
$174.07 M |
$177.86 M |
$236.43 M |
$414.23 M |
$538.86 M |
| Gross Profit |
$391.73 M |
$527.83 M |
$416.64 M |
$205.40 M |
$357.92 M |
$406.64 M |
$309.23 M |
$163.56 M |
$93.04 M |
$409.85 M |
| Gross Profit Ratio |
0.74 |
0.57 |
0.75 |
0.59 |
0.67 |
0.7 |
0.63 |
0.41 |
0.18 |
0.43 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$75.54 M
|
$73.75 M
|
$226.98 M
|
$204.60 M
|
$239.39 M
|
$213.41 M
|
$203.48 M
|
$212.14 M
|
$265.88 M
|
$351.75 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$24.21 M
|
$20.44 M
|
$22.93 M
|
$17.16 M
|
$19.82 M
|
| Selling, General &
Administrative Expenses |
$75.54 M
|
$73.75 M
|
$226.98 M
|
$204.60 M
|
$239.39 M
|
$213.41 M
|
$203.48 M
|
$212.14 M
|
$265.88 M
|
$351.75 M
|
| Other Expenses |
$0.00 |
$224.41 M |
$6.17 M |
-$2.98 M |
-$188,000.00 |
$3.87 M |
-$4.81 M |
$6.52 M |
-$4.66 M |
$208,000.00 |
| Operating Expenses |
$362.24 M |
$298.16 M |
$226.98 M |
$204.60 M |
$239.39 M |
$213.41 M |
$203.48 M |
$212.14 M |
$265.88 M |
$351.75 M |
| Cost And Expenses |
$503.16 M |
$466.92 M |
$368.35 M |
$345.83 M |
$416.36 M |
$387.48 M |
$381.35 M |
$448.57 M |
$680.11 M |
$890.61 M |
| Interest Income |
$0.00 |
$69.44 M |
$70.05 M |
$61.46 M |
$59.57 M |
$0.00 |
$315,000.00 |
$7.89 M |
$0.00 |
$0.00 |
| Interest Expense |
$44.69 M |
$69.44 M |
$70.05 M |
$61.46 M |
$59.57 M |
$48.65 M |
$45.84 M |
$92.27 M |
$97.34 M |
$78.40 M |
| Depreciation &
Amortization |
$143.70 M
|
$133.63 M
|
$113.45 M
|
$120.28 M
|
$148.50 M
|
$149.85 M
|
$155.68 M
|
$211.61 M
|
$394.07 M
|
$511.10 M
|
| EBITDA |
$170.99 M
|
$587.71 M
|
$301.01 M
|
$144.89 M
|
$207.15 M
|
$396.88 M
|
$265.63 M
|
$11.48 M
|
-$756.30 M
|
$573.17 M
|
| EBITDA Ratio |
0.32 |
0.62 |
0.55 |
0.34 |
0.5 |
0.6 |
0.53 |
0.42 |
0.43 |
0.6 |
| Operating Income Ratio
|
0.06
|
0.49
|
0.34
|
-0.01
|
0.22
|
0.43
|
0.23
|
-0.83
|
-2.26
|
0.07
|
| Total Other
Income/Expenses Net |
$4.45 M
|
-$169.27 M
|
-$239.20 M
|
$6.84 M
|
-$119.64 M
|
$2.34 M
|
-$42.84 M
|
$38.17 M
|
-$102.00 M
|
-$78.19 M
|
| Income Before Tax |
$33.94 M |
$284.81 M |
-$49.54 M |
$7.64 M |
-$1.11 M |
$249.36 M |
$67.11 M |
-$292.40 M |
-$1.25 B |
-$16.12 M |
| Income Before Tax Ratio
|
0.06
|
0.31
|
-0.09
|
0.02
|
-0
|
0.43
|
0.14
|
-0.73
|
-2.46
|
-0.02
|
| Income Tax Expense |
$18.35 M |
$53.66 M |
-$8.06 M |
-$30.15 M |
-$75.19 M |
$535,000.00 |
-$12.57 M |
-$43.38 M |
-$202.98 M |
-$4.46 M |
| Net Income |
$15.60 M |
$231.15 M |
-$41.48 M |
$37.79 M |
$74.09 M |
$248.83 M |
$79.68 M |
-$249.02 M |
-$1.04 B |
-$11.66 M |
| Net Income Ratio |
0.03 |
0.25 |
-0.07 |
0.11 |
0.14 |
0.43 |
0.16 |
-0.62 |
-2.06 |
-0.01 |
| EPS |
0.11 |
1.61 |
-0.29 |
0.26 |
0.52 |
1.79 |
0.56 |
-2.6 |
-13.76 |
-0.15 |
| EPS Diluted |
0.11 |
1.59 |
-0.29 |
0.26 |
0.52 |
1.79 |
0.56 |
-2.6 |
-13.76 |
-0.15 |
| Weighted Average Shares
Out |
$146.48 M
|
$143.14 M
|
$142.27 M
|
$141.62 M
|
$140.58 M
|
$139.00 M
|
$137.62 M
|
$95.64 M
|
$75.93 M
|
$75.61 M
|
| Weighted Average Shares
Out Diluted |
$148.30 M
|
$145.09 M
|
$142.27 M
|
$141.62 M
|
$140.58 M
|
$139.00 M
|
$137.62 M
|
$95.64 M
|
$75.93 M
|
$75.61 M
|
| Link |
|
|
|
|
|
|
|
|
|
|
