W&T Offshore, Inc. (WTI) Financials

$1.65

south_east
-$0.11 (-6.25%)
Day's range
$1.62
Day's range
$1.79

WTI Income statement / Annual

Last year (2024), W&T Offshore, Inc.'s total revenue was $525.26 M, a decrease of 1.39% from the previous year. In 2024, W&T Offshore, Inc.'s net income was -$87.15 M. See W&T Offshore, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 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
Operating Revenue $525.26 M $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
Cost of Revenue $171.20 M $283.93 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
Gross Profit $354.06 M $248.73 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
Gross Profit Ratio 0.67 0.47 0.57 0.75 0.59 0.67 0.7 0.63 0.41 0.18
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 $363.88 M $77.74 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
Selling & Marketing Expenses $0.00 -$2.20 M $0.00 $0.00 $0.00 $0.00 $24.21 M $20.44 M $22.93 M $17.16 M
Selling, General & Administrative Expenses $363.88 M $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
Other Expenses $32.37 M $141.49 M $224.41 M $6.17 M -$2.98 M -$188,000.00 $3.87 M -$4.81 M $6.52 M -$4.66 M
Operating Expenses $396.25 M $219.24 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
Cost And Expenses $567.46 M $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
Interest Income $0.00 $0.00 $69.44 M $70.05 M $61.46 M $59.57 M $0.00 $315,000.00 $7.89 M $0.00
Interest Expense $40.45 M $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
Depreciation & Amortization $143.03 M $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
EBITDA $86.35 M $222.33 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
EBITDA Ratio 0.16 0.42 0.62 0.55 0.34 0.5 0.6 0.53 0.42 0.43
Operating Income Ratio -0.08 0.06 0.49 0.34 -0.01 0.22 0.43 0.23 -0.83 -2.26
Total Other Income/Expenses Net -$54.94 M $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
Income Before Tax -$97.13 M $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
Income Before Tax Ratio -0.18 0.06 0.31 -0.09 0.02 -0 0.43 0.14 -0.73 -2.46
Income Tax Expense -$9.99 M $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
Net Income -$87.15 M $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
Net Income Ratio -0.17 0.03 0.25 -0.07 0.11 0.14 0.43 0.16 -0.62 -2.06
EPS -0.59 0.11 1.61 -0.29 0.26 0.52 1.79 0.56 -2.6 -13.76
EPS Diluted -0.59 0.11 1.59 -0.29 0.26 0.52 1.79 0.56 -2.6 -13.76
Weighted Average Shares Out $147.13 M $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
Weighted Average Shares Out Diluted $147.13 M $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
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