W&T Offshore (WTI) Non-Current Deferred Tax Liability (2011 - 2023)
W&T Offshore (WTI) recorded Non-Current Deferred Tax Liability of $51,000 in Q4 2023, down 29.2% from $72,000 a year earlier and down 29.2% from the prior quarter.
W&T Offshore (WTI) Non-Current Deferred Tax Liability (2011 - 2023) Analysis & Trends
Starting with Q2 2011, W&T Offshore's Non-Current Deferred Tax Liability history includes 31 quarters.
- Annual Non-Current Deferred Tax Liability has declined for three straight years, with a three-year compound annual growth rate of -26.4% (FY2020 to FY2023).
- Across earlier years, Non-Current Deferred Tax Liability came in at $72,000 in FY2022 (-36.3%), $113,000 in FY2021 (-11.7%) and $128,000 in FY2020.
- The Q4 2023 figure is the lowest quarterly Non-Current Deferred Tax Liability in data going back to Q2 2011.
- On a year-over-year basis, Non-Current Deferred Tax Liability has declined for nine consecutive quarters, with an average decline of 27.7% over the last eight quarters.
- Across the past five years, year-over-year decline in Non-Current Deferred Tax Liability ran from 11.7% in Q2 2022 to 36.3% in Q4 2022.
- Per Business Quant, the preceding three quarters came in at $72,000 (Q3 2023), $72,000 (Q2 2023) and $72,000 (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | W&T Offshore | 538.87 Mn | -8.09 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 51,000.00 |
| Sep 30, 2023 | 72,000.00 |
| Jun 30, 2023 | 72,000.00 |
| Mar 31, 2023 | 72,000.00 |
| Dec 31, 2022 | 72,000.00 |
| Sep 30, 2022 | 113,000.00 |
| Jun 30, 2022 | 113,000.00 |
| Mar 31, 2022 | 113,000.00 |
| Dec 31, 2021 | 113,000.00 |
| Sep 30, 2021 | 148,000.00 |
| Jun 30, 2021 | 128,000.00 |
| Mar 31, 2021 | 128,000.00 |
| Dec 31, 2020 | 128,000.00 |
| Sep 30, 2015 | 13.17 Mn |
| Jun 30, 2015 | 34.29 Mn |
| Mar 31, 2015 | 74.88 Mn |
| Dec 31, 2014 | 175.33 Mn |
| Sep 30, 2014 | 187.06 Mn |
| Jun 30, 2014 | 189.90 Mn |
| Mar 31, 2014 | 188.18 Mn |
W&T Offshore Non-Current Deferred Tax Liability 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=non-current-deferred-tax-liability&ticker=WTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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=non-current-deferred-tax-liability&ticker=WTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();