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W&T Offshore (WTI) Interest Expenses (2016 - 2023)

W&T Offshore (WTI) has disclosed Interest Expenses for 14 consecutive years, with $9.7 million as the latest value for Q4 2023.

  • Quarterly Interest Expenses fell 33.02% to $9.7 million in Q4 2023 from the year-ago period, while the trailing twelve-month figure was $9.7 million through Sep 2024, down 80.34% year-over-year, with the annual reading at $44.7 million for FY2023, 35.64% down from the prior year.
  • Interest Expenses for Q4 2023 was $9.7 million at W&T Offshore, down from $9.9 million in the prior quarter.
  • The five-year high for Interest Expenses was $19.9 million in Q1 2022, with the low at $1.9 million in Q2 2021.
  • Average Interest Expenses over 5 years is $14.0 million, with a median of $14.8 million recorded in 2020.
  • The sharpest move saw Interest Expenses plummeted 87.32% in 2021, then skyrocketed 868.21% in 2022.
  • Over 5 years, Interest Expenses stood at $16.6 million in 2019, then fell by 7.41% to $15.4 million in 2020, then tumbled by 36.49% to $9.8 million in 2021, then surged by 48.5% to $14.5 million in 2022, then crashed by 33.02% to $9.7 million in 2023.
  • According to Business Quant data, Interest Expenses over the past three periods came in at $9.7 million, $9.9 million, and $10.3 million for Q4 2023, Q3 2023, and Q2 2023 respectively.