W&T Offshore (WTI) Net Margin (2010 - 2026)
W&T Offshore (WTI) posted quarterly Net Margin of 15.02% for Q1 2026, up 853.0% year-over-year from 1.58% in Q1 2025, and down 140.97% quarter-over-quarter from 36.66% in Q4 2025.
W&T Offshore (WTI) Net Margin (2010 - 2026) Analysis & Trends
W&T Offshore (WTI) has reported Net Margin for 17 consecutive years, with 15.02% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 853.0% year-over-year to 15.02%; the TTM figure through Mar 2026 stood at 13.47% (up 516.0% YoY), while the FY2025 annual figure was 15.62%, down 101.0% from the prior year.
- Net Margin eased to 15.02% in Q1 2026 per WTI's latest filing, from 36.66% in the prior quarter.
- Across five years, Net Margin topped out at 49.92% in Q4 2022 and bottomed at 56.05% in Q3 2025.
- Historically, Net Margin has averaged 0.52% across 5 years, with a median of 8.15% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin surged 8398 bps — and 2023, when it slumped 5468 bps.
- W&T Offshore's Net Margin stood at 49.92% in 2022, then sank by 73 bps to 13.63% in 2023, then sank by 179 bps to 10.76% in 2024, then jumped by 441 bps to 36.66% in 2025, then sank by 141 bps to 15.02% in 2026.
- Business Quant data shows WTI's Net Margin at 15.02% in Q1 2026, 36.66% in Q4 2025, and 56.05% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.28 Bn | 156.59 Bn | 12.81 Bn | 20.14% |
| 2 | Canadian Natural Resources | 106.54 Bn | 104.64 Bn | 10.66 Bn | 0.01% |
| 3 | Eog Resources | 80.44 Bn | 75.53 Bn | - | 31.60% |
| 4 | Diamondback Energy | 59.59 Bn | 59.13 Bn | 5.55 Bn | 36.95% |
| 5 | Devon Energy | 46.33 Bn | 45.32 Bn | 6.02 Bn | 22.14% |
| 6 | Woodside Energy | 46.14 Bn | 40.20 Bn | 6.02 Bn | 32.93% |
| 7 | Occidental Petroleum | 39.37 Bn | 35.22 Bn | 7.73 Bn | 34.80% |
| 8 | Eqt | 34.03 Bn | 33.92 Bn | 1.42 Bn | 15.55% |
| 9 | Texas Pacific Land | 26.40 Bn | 26.16 Bn | - | 62.56% |
| 10 | W&T Offshore | 590.59 Mn | 438.43 Mn | 156.05 Mn | 7.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.72% |
| Mar 31, 2026 | -15.02% |
| Dec 31, 2025 | 36.66% |
| Sep 30, 2025 | -56.05% |
| Jun 30, 2025 | -17.07% |
| Mar 31, 2025 | -23.54% |
| Dec 31, 2024 | -10.76% |
| Sep 30, 2024 | -30.42% |
| Jun 30, 2024 | -10.78% |
| Mar 31, 2024 | -8.15% |
| Dec 31, 2023 | 13.63% |
| Sep 30, 2023 | 1.51% |
| Jun 30, 2023 | -9.60% |
| Mar 31, 2023 | 19.74% |
| Dec 31, 2022 | 49.92% |
| Sep 30, 2022 | 25.04% |
| Jun 30, 2022 | 45.08% |
| Mar 31, 2022 | -1.29% |
| Dec 31, 2021 | 40.95% |
| Sep 30, 2021 | -28.34% |