W&T Offshore (WTI) Non Operating Interest Expenses (2012 - 2018)
W&T Offshore (WTI) posted quarterly Non Operating Interest Expenses of $11.3 million for Q1 2018, little changed year-over-year from $11.3 million in Q1 2017, and down 1.98% quarter-over-quarter from $11.6 million in Q4 2017.
W&T Offshore (WTI) Non Operating Interest Expenses (2012 - 2018) Analysis & Trends
W&T Offshore (WTI) has reported Non Operating Interest Expenses for 7 consecutive years, with $11.3 million the latest figure, recorded in Q1 2018.
- In Q1 2018, Non Operating Interest Expenses changed 0.26% year-over-year to $11.3 million; the TTM figure through Mar 2018 stood at $45.9 million (down 39.87% YoY), while the FY2017 annual figure was $45.8 million, down 50.6% from the prior year.
- Non Operating Interest Expenses eased to $11.3 million in Q1 2018 per WTI's latest filing, from $11.6 million in the prior quarter.
- Across five years, Non Operating Interest Expenses topped out at $29.8 million in Q2 2016 and bottomed at $11.3 million in Q1 2017.
- Historically, Non Operating Interest Expenses has averaged $20.1 million across 5 years, with a median of $21.8 million in 2014.
- Annual changes were most pronounced in 2015 — Non Operating Interest Expenses soared 32.0% — and 2017, when it tumbled 61.59%.
- W&T Offshore's Non Operating Interest Expenses stood at $22.2 million in 2014, then climbed by 20.51% to $26.8 million in 2015, then plunged by 57.01% to $11.5 million in 2016, then rose by 0.36% to $11.6 million in 2017, then slipped by 1.98% to $11.3 million in 2018.
- Business Quant data shows WTI's Non Operating Interest Expenses at $11.3 million in Q1 2018, $11.6 million in Q4 2017, and $11.6 million in Q3 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 182.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 172.06 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 67.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 144.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 108.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 75.45 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 973,000.00 |
| 10 | W&T Offshore | 585.35 Mn | 433.19 Mn | 156.05 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | 11.32 Mn |
| Dec 31, 2017 | 11.55 Mn |
| Sep 30, 2017 | 11.55 Mn |
| Jun 30, 2017 | 11.44 Mn |
| Mar 31, 2017 | 11.29 Mn |
| Dec 31, 2016 | 11.51 Mn |
| Sep 30, 2016 | 23.69 Mn |
| Jun 30, 2016 | 29.77 Mn |
| Mar 31, 2016 | 27.81 Mn |
| Dec 31, 2015 | 26.78 Mn |
| Sep 30, 2015 | 28.75 Mn |
| Jun 30, 2015 | 26.12 Mn |
| Mar 31, 2015 | 22.95 Mn |
| Dec 31, 2014 | 22.22 Mn |
| Sep 30, 2014 | 21.78 Mn |
| Jun 30, 2014 | 21.45 Mn |
| Mar 31, 2014 | 21.46 Mn |
| Dec 31, 2013 | 21.48 Mn |
| Sep 30, 2013 | 21.37 Mn |
| Jun 30, 2013 | 21.54 Mn |