W&T Offshore WTI
NYSE WTI
$3.92 -0.09 (-2.24%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

W&T Offshore (WTI) posted quarterly 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 reported Change in Taxes for 14 consecutive years, with -$1.9 million the latest figure, recorded in Q4 2023.

  • In Q4 2023, Change in Taxes fell 57.95% year-over-year to -$1.9 million; the TTM figure through Dec 2023 stood at -$2.5 million (down 1007.17% YoY), while the FY2023 annual figure was -$2.5 million, down 1007.17% from the prior year.
  • Change in Taxes retreated to -$1.9 million in Q4 2023 per WTI's latest filing, from $1.7 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $35.0 million in Q4 2019 and bottomed at -$6.6 million in Q2 2023.
  • Historically, Change in Taxes has averaged $3.6 million across 5 years, with a median of $32500.0 in 2020.
  • Annual changes were most pronounced in 2019 — Change in Taxes surged 1716600.0% — and 2022, when it slumped 2757.38%.
  • W&T Offshore's Change in Taxes stood at $35.0 million in 2019, then tumbled by 99.94% to $21000.0 in 2020, then jumped by 533.33% to $133000.0 in 2021, then tumbled by 1003.01% to -$1.2 million in 2022, then tumbled 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 Conocophillips 164.44 Bn 156.75 Bn 12.81 Bn -
2 Canadian Natural Resources 106.98 Bn 105.09 Bn 10.66 Bn 454.72 Mn
3 Eog Resources 80.47 Bn 75.56 Bn - -69.00 Mn
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn -287.00 Mn
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 -32.00 Mn
8 Eqt 33.67 Bn 33.56 Bn 1.42 Bn -
9 Texas Pacific Land 26.50 Bn 26.25 Bn - -8.34 Mn
10 W&T Offshore 585.35 Mn 433.19 Mn 156.05 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