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| Date | Value |
|---|---|
| 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 |