W&T Offshore (WTI) Asset Writedowns and Impairment (2015 - 2016)
W&T Offshore (WTI) posted quarterly Asset Writedowns and Impairment of $57.9 million for Q3 2016, down 86.89% year-over-year from $441.6 million in Q4 2015, and down 44.65% quarter-over-quarter from $104.6 million in Q2 2016.
W&T Offshore (WTI) Asset Writedowns and Impairment (2015 - 2016) Analysis & Trends
W&T Offshore (WTI) has reported Asset Writedowns and Impairment for 2 consecutive years, with $57.9 million the latest figure, recorded in Q3 2016.
- In Q3 2016, Asset Writedowns and Impairment fell 86.89% year-over-year to $57.9 million; the TTM figure through Dec 2016 stood at $279.1 million (down 71.73% YoY), while the FY2016 annual figure was $279.1 million, down 71.73% from the prior year.
- Asset Writedowns and Impairment eased to $57.9 million in Q3 2016 per WTI's latest filing, from $104.6 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $441.6 million in Q3 2015 and bottomed at $32.4 million in Q4 2015.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | W&T Offshore | 585.35 Mn | 433.19 Mn | 156.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2016 | 57.90 Mn |
| Sep 30, 2016 | 57.90 Mn |
| Jun 30, 2016 | 104.60 Mn |
| Jun 30, 2016 | 104.60 Mn |
| Mar 31, 2016 | 116.60 Mn |
| Mar 31, 2016 | 116.60 Mn |
| Dec 31, 2015 | 32.40 Mn |
| Dec 31, 2015 | 32.40 Mn |
| Sep 30, 2015 | 441.60 Mn |
| Sep 30, 2015 | 441.60 Mn |
| Jun 30, 2015 | 252.80 Mn |
| Jun 30, 2015 | 252.80 Mn |
| Mar 31, 2015 | 260.40 Mn |
| Mar 31, 2015 | 260.40 Mn |