W&T Offshore (WTI) Net Income (2010 - 2026)
W&T Offshore's (WTI) quarterly Net Income came in at -$22.5 million in Q1 2026, up 26.32% year-on-year from -$17.8 million in Q1 2025, and down 150.5% on a QoQ basis from $44.6 million in Q4 2025.
W&T Offshore (WTI) Net Income (2010 - 2026) Analysis & Trends
W&T Offshore (WTI) has 17 years of Net Income data on file, last reported at -$22.5 million in Q1 2026.
- On a quarterly basis, Net Income rose 26.32% year-over-year to -$22.5 million in Q1 2026; TTM through Mar 2026 was -$70.3 million, a 26.68% increase from a year earlier, with the FY2025 full-year figure at -$78.3 million, down 2.06% from the prior year.
- Net Income for Q1 2026 stood at -$22.5 million, down from $44.6 million in the prior quarter.
- Over the last five years, Net Income for WTI reached as high as $123.4 million in Q2 2022 and fell as low as -$71.5 million in Q3 2025.
- Historically, Net Income has averaged $8.2 million across 5 years, with a median of -$11.5 million in 2024.
- Across the five-year window, Net Income surged 1158.4% in 2023 and tumbled 1821.26% in 2024, its largest moves.
- Year by year, Net Income stood at $94.7 million in 2022, then sank by 80.95% to $18.0 million in 2023, then slumped by 171.78% to -$13.0 million in 2024, then jumped by 444.54% to $44.6 million in 2025, then tumbled by 150.5% to -$22.5 million in 2026.
- Per Business Quant data, the three most recent Net Income figures were -$22.5 million in Q1 2026, $44.6 million in Q4 2025, and -$71.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 142.40 Bn | 136.04 Bn | 9.48 Bn | 2.18 Bn |
| 2 | Eog Resources | 75.49 Bn | 71.64 Bn | - | 1.98 Bn |
| 3 | Diamondback Energy | 55.77 Bn | 55.77 Bn | 4.22 Bn | 144.00 Mn |
| 4 | Woodside Energy | 42.46 Bn | 36.52 Bn | 2.71 Bn | 801.00 Mn |
| 5 | Eqt | 32.82 Bn | 32.71 Bn | 1.42 Bn | 281.45 Mn |
| 6 | Occidental Petroleum | 32.75 Bn | 28.94 Bn | 4.87 Bn | 3.12 Bn |
| 7 | Texas Pacific Land | 27.10 Bn | 26.85 Bn | - | 142.90 Mn |
| 8 | Devon Energy | 26.71 Bn | 24.89 Bn | 3.61 Bn | 216.00 Mn |
| 9 | Expand Energy | 21.86 Bn | 19.55 Bn | 4.21 Bn | 1.16 Bn |
| 10 | W&T Offshore | 481.30 Mn | 349.07 Mn | - | -22.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.53 Mn |
| Dec 31, 2025 | 44.62 Mn |
| Sep 30, 2025 | -71.47 Mn |
| Jun 30, 2025 | -20.88 Mn |
| Mar 31, 2025 | -30.58 Mn |
| Dec 31, 2024 | -12.95 Mn |
| Sep 30, 2024 | -36.92 Mn |
| Jun 30, 2024 | -15.39 Mn |
| Mar 31, 2024 | -11.47 Mn |
| Dec 31, 2023 | 18.04 Mn |
| Sep 30, 2023 | 2.15 Mn |
| Jun 30, 2023 | -12.11 Mn |
| Mar 31, 2023 | 26.01 Mn |
| Dec 31, 2022 | 94.69 Mn |
| Sep 30, 2022 | 66.72 Mn |
| Jun 30, 2022 | 123.43 Mn |
| Mar 31, 2022 | -2.46 Mn |
| Dec 31, 2021 | 48.95 Mn |
| Sep 30, 2021 | -37.96 Mn |
| Jun 30, 2021 | -51.67 Mn |