W&T Offshore (WTI) Operating Expenses (2010 - 2026)
W&T Offshore (WTI) reported Operating Expenses of $135.4 million for Q1 2026, down 1.98% year-over-year from $138.1 million in Q1 2025, and down 3.85% quarter-over-quarter from $140.8 million in Q4 2025.
W&T Offshore (WTI) Operating Expenses (2010 - 2026) Analysis & Trends
W&T Offshore (WTI) has 17 years of Operating Expenses data on file, last reported at $135.4 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $135.4 million, down 1.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $551.5 million (down 2.34% YoY), and the FY2025 annual result was $554.3 million, down 2.32% from the prior year.
- Operating Expenses slipped to $135.4 million in Q1 2026 per WTI's latest filing, from $140.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $149.0 million in Q2 2024 and troughed at $93.4 million in Q1 2022.
- A 5-year average of $131.0 million and a median of $135.2 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 1316.03% in 2022, then dropped 9.24% in 2025.
- A 5-year view of Operating Expenses shows it stood at $133.7 million in 2022, then declined by 2.36% to $130.5 million in 2023, then grew by 5.2% to $137.3 million in 2024, then advanced by 2.53% to $140.8 million in 2025, then declined by 3.85% to $135.4 million in 2026.
- Business Quant data shows WTI's Operating Expenses at $135.4 million in Q1 2026, $140.8 million in Q4 2025, and $140.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | - |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | 1.04 Bn |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 2.28 Bn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 1.12 Bn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | 4.12 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | -52.32 Mn |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 54.87 Mn |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | 103.33 Mn |
| 10 | W&T Offshore | 586.93 Mn | 454.70 Mn | - | 135.38 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 135.38 Mn |
| Dec 31, 2025 | 140.81 Mn |
| Sep 30, 2025 | 140.13 Mn |
| Jun 30, 2025 | 135.22 Mn |
| Mar 31, 2025 | 138.11 Mn |
| Dec 31, 2024 | 137.34 Mn |
| Sep 30, 2024 | 140.34 Mn |
| Jun 30, 2024 | 148.99 Mn |
| Mar 31, 2024 | 140.79 Mn |
| Dec 31, 2023 | 130.55 Mn |
| Sep 30, 2023 | 125.13 Mn |
| Jun 30, 2023 | 126.11 Mn |
| Mar 31, 2023 | 121.38 Mn |
| Dec 31, 2022 | 133.70 Mn |
| Sep 30, 2022 | 128.37 Mn |
| Jun 30, 2022 | 111.48 Mn |
| Mar 31, 2022 | 93.37 Mn |
| Dec 31, 2021 | 32.74 Mn |
| Sep 30, 2021 | 85.77 Mn |
| Jun 30, 2021 | 7.87 Mn |