W&T Offshore (WTI) Gross Margin (2010 - 2018)
W&T Offshore's (WTI) quarterly Gross Margin came in at 96.23% in Q1 2018, up 122.0% year-on-year from 43.35% in Q1 2017, and little changed on a QoQ basis from 96.28% in Q4 2017.
W&T Offshore (WTI) Gross Margin (2010 - 2018) Analysis & Trends
W&T Offshore (WTI) has 9 years of Gross Margin data on file, last reported at 96.23% in Q1 2018.
- On a quarterly basis, Gross Margin rose 122.0% year-over-year to 96.23% in Q1 2018; TTM through Mar 2018 was 96.12%, a 150.0% increase from a year earlier, with the FY2017 full-year figure at 95.8%, up 154.0% from the prior year.
- Gross Margin for Q1 2018 stood at 96.23%, roughly flat from 96.28% in the prior quarter.
- Over the last five years, Gross Margin for WTI reached as high as 98.48% in Q2 2014 and fell as low as 93.45% in Q1 2016.
- Historically, Gross Margin has averaged 96.12% across 5 years, with a median of 96.23% in 2018.
- Across the five-year window, Gross Margin surged 8030 bps in 2014 and sank 320 bps in 2016, its largest moves.
- Year by year, Gross Margin stood at 96.73% in 2014, then decreased by 1 bps to 96.19% in 2015, then declined by 2 bps to 94.55% in 2016, then advanced by 2 bps to 96.28% in 2017, then slipped by 0 bps to 96.23% in 2018.
- Per Business Quant data, the three most recent Gross Margin figures were 96.23% in Q1 2018, 96.28% in Q4 2017, and 96.27% in Q3 2017.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 60.14% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 99.43% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 93.19% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 78.73% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 80.17% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 95.79% |
| 10 | W&T Offshore | 494.69 Mn | 362.46 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | 96.23% |
| Dec 31, 2017 | 96.28% |
| Sep 30, 2017 | 96.27% |
| Jun 30, 2017 | 95.69% |
| Mar 31, 2017 | 95.01% |
| Dec 31, 2016 | 94.55% |
| Sep 30, 2016 | 95.19% |
| Jun 30, 2016 | 93.58% |
| Mar 31, 2016 | 93.45% |
| Dec 31, 2015 | 96.19% |
| Sep 30, 2015 | 97.17% |
| Jun 30, 2015 | 96.78% |
| Mar 31, 2015 | 96.23% |
| Dec 31, 2014 | 96.73% |
| Sep 30, 2014 | 98.25% |
| Jun 30, 2014 | 98.48% |
| Mar 31, 2014 | 97.92% |
| Dec 31, 2013 | 16.43% |
| Sep 30, 2013 | 98.52% |
| Jun 30, 2013 | 98.04% |