W&T Offshore Inc financial data

Symbol
WTI on NYSE
Industry
Crude Petroleum & Natural Gas
Location
5718 Westheimer Rd, Suite 700, Houston, Texas
State of incorporation
Texas
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 10, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 117 % +2.02%
Return On Assets -1.96 % -110%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 147 M shares +0.27%
Common Stock, Shares, Outstanding 147 M shares +0.27%
Entity Public Float 338 M USD -17.1%
Common Stock, Value, Issued 1 K USD 0%
Weighted Average Number of Shares Outstanding, Basic 147 M shares +0.3%
Weighted Average Number of Shares Outstanding, Diluted 147 M shares -1.26%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 542 M USD -37.1%
General and Administrative Expense 76.1 M USD -4.7%
Costs and Expenses 523 M USD +5.59%
Operating Income (Loss) 29.5 M USD -93.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -11.1 M USD -103%
Income Tax Expense (Benefit) 10.8 M USD -82.9%
Net Income (Loss) Attributable to Parent -21.9 M USD -108%
Earnings Per Share, Basic -0.15 USD/shares -108%
Earnings Per Share, Diluted -0.14 USD/shares -108%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 94.8 M USD -45.3%
Accounts Receivable, after Allowance for Credit Loss, Current 67 M USD +47.1%
Other Assets, Current 1.1 M USD +4135%
Assets, Current 208 M USD -22.2%
Other Long-term Investments 2.18 M USD -11%
Deferred Income Tax Assets, Net 38 M USD -28.1%
Property, Plant and Equipment, Net 826 M USD +14%
Operating Lease, Right-of-Use Asset 10.5 M USD +1.46%
Other Assets, Noncurrent 32.7 M USD -27.1%
Assets 1.13 B USD +1.46%
Accounts Payable, Current 76 M USD -0.02%
Employee-related Liabilities, Current 2.38 M USD -30.3%
Accrued Liabilities, Current 15.6 M USD -40.6%
Liabilities, Current 192 M USD +5.27%
Deferred Income Tax Liabilities, Net 51 K USD -29.2%
Operating Lease, Liability, Noncurrent 10.8 M USD +2.62%
Other Liabilities, Noncurrent 16.7 M USD -60.3%
Retained Earnings (Accumulated Deficit) -544 M USD -4.79%
Stockholders' Equity Attributable to Parent 20.8 M USD -40.4%
Liabilities and Equity 1.13 B USD +1.46%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 11.6 M USD -50.3%
Net Cash Provided by (Used in) Financing Activities -2.54 M USD +99.1%
Net Cash Provided by (Used in) Investing Activities -87.6 M USD -558%
Common Stock, Shares Authorized 400 M shares +100%
Common Stock, Shares, Issued 150 M shares +0.27%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -78.5 M USD +72.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 99.2 M USD -44.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 42.1 M USD -40.8%
Deferred Tax Assets, Valuation Allowance 24.8 M USD +38.5%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 161 M USD +0.4%
Operating Lease, Liability 12.3 M USD +0.85%
Lessee, Operating Lease, Liability, to be Paid 21.6 M USD -3.96%
Property, Plant and Equipment, Gross 8.96 B USD +1.46%
Operating Lease, Liability, Current 1.47 M USD -9.96%
Lessee, Operating Lease, Liability, to be Paid, Year Two 1.6 M USD -21%
Lessee, Operating Lease, Liability, to be Paid, Year One 2.16 M USD +32.4%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Deferred Income Tax Expense (Benefit) 733 K USD -83.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 9.38 M USD -9.58%
Lessee, Operating Lease, Liability, to be Paid, Year Three 1.63 M USD +7.33%
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) -140 K USD -102%
Preferred Stock, Shares Authorized 20 M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 1.66 M USD +7.31%
Operating Lease, Payments 1.71 M USD +40%
Depreciation, Depletion and Amortization 126 M USD +19.9%
Deferred Tax Assets, Net of Valuation Allowance 137 M USD -5.01%
Share-based Payment Arrangement, Expense 10.4 M USD +31.1%
Interest Expense 44.7 M USD -35.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%