W&T Offshore (WTI) Cost of Revenue (2010 - 2018)
W&T Offshore's (WTI) quarterly Cost of Revenue came in at $5.1 million in Q1 2018, down 18.55% year-on-year from $6.2 million in Q1 2017, and up 5.22% on a QoQ basis from $4.8 million in Q4 2017.
W&T Offshore (WTI) Cost of Revenue (2010 - 2018) Analysis & Trends
W&T Offshore (WTI) has 9 years of Cost of Revenue data on file, last reported at $5.1 million in Q1 2018.
- On a quarterly basis, Cost of Revenue fell 18.55% year-over-year to $5.1 million in Q1 2018; TTM through Mar 2018 was $19.3 million, a 19.78% decrease from a year earlier, with the FY2017 full-year figure at $20.4 million, down 10.85% from the prior year.
- Cost of Revenue for Q1 2018 stood at $5.1 million, up from $4.8 million in the prior quarter.
- Over the last five years, Cost of Revenue for WTI reached as high as $6.4 million in Q4 2014 and fell as low as $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.
- Across the five-year window, Cost of Revenue plunged 38.24% in 2015 and soared 58.19% in 2016, its largest moves.
- Year by year, Cost of Revenue stood at $6.4 million in 2014, then tumbled by 38.24% to $4.0 million in 2015, then soared by 58.19% to $6.3 million in 2016, then declined by 23.43% to $4.8 million in 2017, then increased by 5.22% to $5.1 million in 2018.
- Per Business Quant data, the three most recent Cost of Revenue figures were $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 | 141.43 Bn | 135.06 Bn | 9.48 Bn | 6.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 24.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 326.00 Mn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 356.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 385.02 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 894.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 185.00 Mn |
| 10 | W&T Offshore | 494.69 Mn | 362.46 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 |