W&T Offshore (WTI) Gross Profit (2010 - 2021)

W&T Offshore (WTI) reported Gross Profit of $116.0 million for Q4 2021, up 24.55% year-over-year from $93.2 million in Q4 2020, and up 91.93% quarter-over-quarter from $60.5 million in Q3 2021.

W&T Offshore (WTI) Gross Profit (2010 - 2021) Analysis & Trends

W&T Offshore (WTI) has 12 years of Gross Profit data on file, last reported at $116.0 million in Q4 2021.

  • Gross Profit for Q4 2021 came in at $116.0 million, up 24.55% year-over-year; the trailing twelve-month figure through Dec 2021 was $314.9 million (down 7.85% YoY), and the FY2021 annual result was $547.9 million, up 60.35% from the prior year.
  • Gross Profit improved to $116.0 million in Q4 2021 per WTI's latest filing, from $60.5 million in the prior quarter.
  • Over five years, Gross Profit peaked at $153.0 million in Q3 2018 and troughed at $14.8 million in Q2 2021.
  • A 5-year average of $110.7 million and a median of $123.0 million in 2017 frame the typical range for Gross Profit.
  • The sharpest annual moves came in 2018 and 2021: Gross Profit soared 58.8% in 2018, then tumbled 72.7% in 2021.
  • A 5-year view of Gross Profit shows it stood at $128.7 million in 2017, then advanced by 11.08% to $142.9 million in 2018, then rose by 5.44% to $150.7 million in 2019, then tumbled by 38.18% to $93.2 million in 2020, then climbed by 24.55% to $116.0 million in 2021.
  • Business Quant data shows WTI's Gross Profit at $116.0 million in Q4 2021, $60.5 million in Q3 2021, and $14.8 million in Q2 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn
4 Eog Resources 72.93 Bn 69.08 Bn -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn
10 W&T Offshore 569.82 Mn 437.59 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2021 116.03 Mn
Dec 31, 2021 116.03 Mn
Sep 30, 2021 60.45 Mn
Sep 30, 2021 60.45 Mn
Jun 30, 2021 14.77 Mn
Jun 30, 2021 14.77 Mn
Mar 31, 2021 123.65 Mn
Mar 31, 2021 123.65 Mn
Dec 31, 2020 93.16 Mn
Dec 31, 2020 93.16 Mn
Sep 30, 2020 71.25 Mn
Sep 30, 2020 71.25 Mn
Jun 30, 2020 54.10 Mn
Jun 30, 2020 54.10 Mn
Mar 31, 2020 123.21 Mn
Mar 31, 2020 123.21 Mn
Dec 31, 2019 150.69 Mn
Dec 31, 2019 150.69 Mn
Sep 30, 2019 131.63 Mn
Sep 30, 2019 131.63 Mn