W&T Offshore (WTI) Net Margin (2010 - 2026)
W&T Offshore's Net Margin was 7.72% in Q2 2026, up 24.79 percentage points from -17.07% a year earlier and up 22.74 percentage points from the prior quarter.
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Analysis
W&T Offshore (WTI) Net Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, W&T Offshore's Net Margin was -19.32% through Jun 30, 2026, up 3.30 percentage points year-over-year; for FY2025, it came in at -29.92%, down 13.33 percentage points from FY2024.
- Net Margin has now declined for three consecutive years, with a five-year change of -40.83 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -16.59% in FY2024 (-19.52 pp), 2.93% in FY2023 (-22.17 pp), 25.10% in FY2022 (+32.53 pp) and -7.43% in FY2021 (-18.34 pp).
- The Q2 2026 figure marks the highest quarterly Net Margin since Q1 2023.
- Compared with a year earlier, Net Margin was higher in two of the last eight quarters, with an average year-over-year change of -8.48 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q2 2022 (a gain of 83.98 percentage points); the worst was Q2 2023 (a drop of 54.68 percentage points).
- Per Business Quant data, WTI's Net Margin in the three quarters before Q2 2026 was -15.02% (Q1 2026), -22.29% (Q4 2025) and -56.05% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 11.43% |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 17.23% |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 8.80% |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | 13.62% |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 20.14% |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | 9.17% |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 7.39% |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | 30.55% |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 21.33% |
| 10 | W&T Offshore | 540.38 Mn | -6.58 Mn | - | 7.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.72% |
| Mar 31, 2026 | -15.02% |
| Dec 31, 2025 | -22.29% |
| Sep 30, 2025 | -56.05% |
| Jun 30, 2025 | -17.07% |
| Mar 31, 2025 | -23.54% |
| Dec 31, 2024 | -19.41% |
| Sep 30, 2024 | -30.42% |
| Jun 30, 2024 | -10.78% |
| Mar 31, 2024 | -8.15% |
| Dec 31, 2023 | -0.33% |
| Sep 30, 2023 | 1.51% |
| Jun 30, 2023 | -9.60% |
| Mar 31, 2023 | 19.74% |
| Dec 31, 2022 | 22.90% |
| Sep 30, 2022 | 25.04% |
| Jun 30, 2022 | 45.08% |
| Mar 31, 2022 | -1.29% |
| Dec 31, 2021 | 29.53% |
| Sep 30, 2021 | -28.34% |
API Access
W&T Offshore Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=WTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "WTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=WTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();