W&T Offshore (WTI) Cost of Revenue (2010 - 2021)
W&T Offshore (WTI) reported Cost of Revenue of $3.5 million for Q4 2021, up 121.09% year-over-year from $1.6 million in Q4 2020, and up 35.46% quarter-over-quarter from $2.6 million in Q3 2021.
W&T Offshore (WTI) Cost of Revenue (2010 - 2021) Analysis & Trends
W&T Offshore (WTI) has 12 years of Cost of Revenue data on file, last reported at $3.5 million in Q4 2021.
- Cost of Revenue for Q4 2021 came in at $3.5 million, up 121.09% year-over-year; the trailing twelve-month figure through Dec 2021 was $10.1 million (up 104.84% YoY), and the FY2021 annual result was $10.1 million, up 104.84% from the prior year.
- Cost of Revenue grew to $3.5 million in Q4 2021 per WTI's latest filing, from $2.6 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $40.2 million in Q1 2017 and troughed at $317000.0 in Q2 2019.
- A 5-year average of $3.0 million and a median of $752000.0 in 2019 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2017 and 2018: Cost of Revenue surged 688.77% in 2017, then tumbled 98.87% in 2018.
- A 5-year view of Cost of Revenue shows it stood at $436000.0 in 2017, then gained by 16.06% to $506000.0 in 2018, then jumped by 137.75% to $1.2 million in 2019, then surged by 32.42% to $1.6 million in 2020, then jumped by 121.09% to $3.5 million in 2021.
- Business Quant data shows WTI's Cost of Revenue at $3.5 million in Q4 2021, $2.6 million in Q3 2021, and $2.0 million in Q2 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 639.66 Bn | 633.72 Bn | - | 326.00 Mn |
| 2 | Canadian Natural Resources | 395.91 Bn | 395.91 Bn | 6.72 Bn | 1.16 Bn |
| 3 | Conocophillips | 147.10 Bn | 140.74 Bn | 9.48 Bn | 6.28 Bn |
| 4 | Eog Resources | 74.80 Bn | 70.95 Bn | - | - |
| 5 | Occidental Petroleum | 56.58 Bn | 53.39 Bn | 4.87 Bn | 356.00 Mn |
| 6 | Diamondback Energy | 55.66 Bn | 61.83 Bn | 4.22 Bn | 24.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.54 Bn | 34.93 Bn | 472.36 Mn | 66.16 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 400.34 Mn |
| 9 | Vermilion Energy | 32.08 Bn | 31.89 Bn | 370.10 Mn | 4.23 Mn |
| 10 | W&T Offshore | 635.28 Mn | 503.05 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 3.52 Mn |
| Dec 31, 2021 | 3.52 Mn |
| Sep 30, 2021 | 2.60 Mn |
| Sep 30, 2021 | 2.60 Mn |
| Jun 30, 2021 | 1.96 Mn |
| Jun 30, 2021 | 1.96 Mn |
| Mar 31, 2021 | 2.00 Mn |
| Mar 31, 2021 | 2.00 Mn |
| Dec 31, 2020 | 1.59 Mn |
| Dec 31, 2020 | 1.59 Mn |
| Sep 30, 2020 | 1.27 Mn |
| Sep 30, 2020 | 1.27 Mn |
| Jun 30, 2020 | 1.14 Mn |
| Jun 30, 2020 | 1.14 Mn |
| Mar 31, 2020 | 916,000.00 |
| Mar 31, 2020 | 916,000.00 |
| Dec 31, 2019 | 1.20 Mn |
| Dec 31, 2019 | 1.20 Mn |
| Sep 30, 2019 | 588,000.00 |
| Sep 30, 2019 | 588,000.00 |