W&T Offshore (WTI) Net Income (2010 - 2026)
W&T Offshore (WTI) reported Net Income of -$22.5 million for Q1 2026, up 26.32% year-over-year from -$17.8 million in Q1 2025, and down 195.68% quarter-over-quarter from $23.5 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.
- Net Income for Q1 2026 came in at -$22.5 million, up 26.32% year-over-year; the trailing twelve-month figure through Mar 2026 was -$91.3 million (up 14.03% YoY), and the FY2025 annual result was -$99.4 million, down 14.05% from the prior year.
- Net Income retreated to -$22.5 million in Q1 2026 per WTI's latest filing, from $23.5 million in the prior quarter.
- Over five years, Net Income peaked at $123.4 million in Q2 2022 and troughed at -$71.5 million in Q3 2025.
- A 5-year average of $3.3 million and a median of -$11.5 million in 2024 frame the typical range for Net Income.
- The sharpest annual moves came in 2023 and 2024: Net Income jumped 1158.4% in 2023, then sank 1821.26% in 2024.
- A 5-year view of Net Income shows it stood at $43.4 million in 2022, then sank by 58.48% to $18.0 million in 2023, then tumbled by 229.49% to -$23.4 million in 2024, then soared by 200.79% to $23.5 million in 2025, then slumped by 195.68% to -$22.5 million in 2026.
- Business Quant data shows WTI's Net Income at -$22.5 million in Q1 2026, $23.5 million in Q4 2025, and -$71.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 1.10 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 856.82 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 2.18 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 1.98 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 3.12 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 144.00 Mn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 179.35 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 1.55 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -3.16 Bn |
| 10 | W&T Offshore | 569.82 Mn | 437.59 Mn | - | -22.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -22.53 Mn |
| Dec 31, 2025 | 23.55 Mn |
| Sep 30, 2025 | -71.47 Mn |
| Jun 30, 2025 | -20.88 Mn |
| Mar 31, 2025 | -30.58 Mn |
| Dec 31, 2024 | -23.36 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 | 43.45 Mn |
| Sep 30, 2022 | 66.72 Mn |
| Jun 30, 2022 | 123.43 Mn |
| Mar 31, 2022 | -2.46 Mn |
| Dec 31, 2021 | 48.90 Mn |
| Sep 30, 2021 | -37.97 Mn |
| Jun 30, 2021 | -51.67 Mn |