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
DateValue
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