W&T Offshore (WTI) Change in Taxes (2010 - 2023)

W&T Offshore (WTI) reported Change in Taxes of -$1.9 million for Q4 2023, down 57.95% year-over-year from -$4.5 million in Q4 2022, and down 210.87% quarter-over-quarter from $1.7 million in Q3 2023.

W&T Offshore (WTI) Change in Taxes (2010 - 2023) Analysis & Trends

W&T Offshore (WTI) has 14 years of Change in Taxes data on file, last reported at -$1.9 million in Q4 2023.

  • Change in Taxes for Q4 2023 came in at -$1.9 million, down 57.95% year-over-year; the trailing twelve-month figure through Dec 2023 was -$2.5 million (down 1007.17% YoY), and the FY2023 annual result was -$2.5 million, down 1007.17% from the prior year.
  • Change in Taxes eased to -$1.9 million in Q4 2023 per WTI's latest filing, from $1.7 million in the prior quarter.
  • Over five years, Change in Taxes peaked at $35.0 million in Q4 2019 and troughed at -$6.6 million in Q2 2023.
  • A 5-year average of $3.6 million and a median of $32500.0 in 2020 frame the typical range for Change in Taxes.
  • The sharpest annual moves came in 2019 and 2022: Change in Taxes surged 1716600.0% in 2019, then slumped 2757.38% in 2022.
  • A 5-year view of Change in Taxes shows it stood at $35.0 million in 2019, then slumped by 99.94% to $21000.0 in 2020, then soared by 533.33% to $133000.0 in 2021, then slumped by 1003.01% to -$1.2 million in 2022, then slumped by 57.95% to -$1.9 million in 2023.
  • Business Quant data shows WTI's Change in Taxes at -$1.9 million in Q4 2023, $1.7 million in Q3 2023, and -$6.6 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn -
4 Eog Resources 72.93 Bn 69.08 Bn - 467.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn 35.00 Mn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 287.00 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn -
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn -
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn -
10 W&T Offshore 569.82 Mn 437.59 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2023 -1.90 Mn
Dec 31, 2023 -1.90 Mn
Sep 30, 2023 1.71 Mn
Sep 30, 2023 1.71 Mn
Jun 30, 2023 -6.59 Mn
Jun 30, 2023 -6.59 Mn
Mar 31, 2023 4.24 Mn
Mar 31, 2023 4.24 Mn
Dec 31, 2022 -1.20 Mn
Dec 31, 2022 -1.20 Mn
Sep 30, 2022 -1.74 Mn
Sep 30, 2022 -1.74 Mn
Jun 30, 2022 3.18 Mn
Jun 30, 2022 3.18 Mn
Mar 31, 2022 44,000.00
Mar 31, 2022 44,000.00
Dec 31, 2021 133,000.00
Dec 31, 2021 133,000.00
Sep 30, 2021 -61,000.00
Sep 30, 2021 -61,000.00