W&T Offshore (WTI) Cost of Revenue (2010 - 2018)
W&T Offshore (WTI) posted quarterly Cost of Revenue of $5.1 million for Q1 2018, down 18.55% year-over-year from $6.2 million in Q1 2017, and up 5.22% quarter-over-quarter from $4.8 million in Q4 2017.
W&T Offshore (WTI) Cost of Revenue (2010 - 2018) Analysis & Trends
W&T Offshore (WTI) has reported Cost of Revenue for 9 consecutive years, with $5.1 million the latest figure, recorded in Q1 2018.
- In Q1 2018, Cost of Revenue fell 18.55% year-over-year to $5.1 million; the TTM figure through Mar 2018 stood at $19.3 million (down 19.78% YoY), while the FY2017 annual figure was $20.4 million, down 10.85% from the prior year.
- Cost of Revenue rose to $5.1 million in Q1 2018 per WTI's latest filing, from $4.8 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $6.4 million in Q4 2014 and bottomed at $3.6 million in Q3 2015.
- Historically, Cost of Revenue has averaged $5.0 million across 5 years, with a median of $5.1 million in 2018.
- Annual changes were most pronounced in 2015 — Cost of Revenue slumped 38.24% — and 2016, when it surged 58.19%.
- W&T Offshore's Cost of Revenue stood at $6.4 million in 2014, then tumbled by 38.24% to $4.0 million in 2015, then jumped by 58.19% to $6.3 million in 2016, then slipped by 23.43% to $4.8 million in 2017, then climbed by 5.22% to $5.1 million in 2018.
- Business Quant data shows WTI's Cost of Revenue at $5.1 million in Q1 2018, $4.8 million in Q4 2017, and $4.1 million in Q3 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 6.71 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 1.79 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 9.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 566.00 Mn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.39 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 332.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 385.02 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | W&T Offshore | 585.35 Mn | 433.19 Mn | 156.05 Mn | 6.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | 5.06 Mn |
| Mar 31, 2018 | 5.06 Mn |
| Dec 31, 2017 | 4.81 Mn |
| Dec 31, 2017 | 4.81 Mn |
| Sep 30, 2017 | 4.11 Mn |
| Sep 30, 2017 | 4.11 Mn |
| Jun 30, 2017 | 5.32 Mn |
| Jun 30, 2017 | 5.32 Mn |
| Mar 31, 2017 | 6.21 Mn |
| Mar 31, 2017 | 6.21 Mn |
| Dec 31, 2016 | 6.28 Mn |
| Dec 31, 2016 | 6.28 Mn |
| Sep 30, 2016 | 5.16 Mn |
| Sep 30, 2016 | 5.16 Mn |
| Jun 30, 2016 | 6.40 Mn |
| Jun 30, 2016 | 6.40 Mn |
| Mar 31, 2016 | 5.09 Mn |
| Mar 31, 2016 | 5.09 Mn |
| Dec 31, 2015 | 3.97 Mn |
| Dec 31, 2015 | 3.97 Mn |