W&T Offshore (WTI) Gross Profit (2010 - 2018)
W&T Offshore (WTI) posted quarterly Gross Profit of $129.2 million for Q1 2018, up 9.28% year-over-year from $118.2 million in Q1 2017, and up 3.91% quarter-over-quarter from $124.3 million in Q4 2017.
W&T Offshore (WTI) Gross Profit (2010 - 2018) Analysis & Trends
W&T Offshore (WTI) has reported Gross Profit for 9 consecutive years, with $129.2 million the latest figure, recorded in Q1 2018.
- In Q1 2018, Gross Profit rose 9.28% year-over-year to $129.2 million; the TTM figure through Mar 2018 stood at $477.6 million (up 13.02% YoY), while the FY2017 annual figure was $466.7 million, up 23.76% from the prior year.
- Gross Profit rose to $129.2 million in Q1 2018 per WTI's latest filing, from $124.3 million in the prior quarter.
- Across five years, Gross Profit topped out at $259.0 million in Q2 2014 and bottomed at $72.6 million in Q1 2016.
- Historically, Gross Profit has averaged $140.7 million across 5 years, with a median of $122.7 million in 2015.
- Annual changes were most pronounced in 2014 — Gross Profit surged 19863.48% — and 2015, when it tumbled 50.61%.
- W&T Offshore's Gross Profit stood at $190.3 million in 2014, then slumped by 47.39% to $100.1 million in 2015, then gained by 8.83% to $108.9 million in 2016, then advanced by 14.1% to $124.3 million in 2017, then climbed by 3.91% to $129.2 million in 2018.
- Business Quant data shows WTI's Gross Profit at $129.2 million in Q1 2018, $124.3 million in Q4 2017, and $106.2 million in Q3 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - |
| 10 | W&T Offshore | 585.35 Mn | 433.19 Mn | 156.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | 129.16 Mn |
| Mar 31, 2018 | 129.16 Mn |
| Dec 31, 2017 | 124.29 Mn |
| Dec 31, 2017 | 124.29 Mn |
| Sep 30, 2017 | 106.17 Mn |
| Sep 30, 2017 | 106.17 Mn |
| Jun 30, 2017 | 118.01 Mn |
| Jun 30, 2017 | 118.01 Mn |
| Mar 31, 2017 | 118.18 Mn |
| Mar 31, 2017 | 118.18 Mn |
| Dec 31, 2016 | 108.94 Mn |
| Dec 31, 2016 | 108.94 Mn |
| Sep 30, 2016 | 102.24 Mn |
| Sep 30, 2016 | 102.24 Mn |
| Jun 30, 2016 | 93.26 Mn |
| Jun 30, 2016 | 93.26 Mn |
| Mar 31, 2016 | 72.62 Mn |
| Mar 31, 2016 | 72.62 Mn |
| Dec 31, 2015 | 100.10 Mn |
| Dec 31, 2015 | 100.10 Mn |