W&T Offshore (WTI) Operating Expenses (2010 - 2026)
W&T Offshore's (WTI) quarterly Operating Expenses came in at $135.4 million in Q1 2026, down 1.98% year-on-year from $138.1 million in Q1 2025, and down 3.85% on a QoQ basis 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.
- On a quarterly basis, Operating Expenses fell 1.98% year-over-year to $135.4 million in Q1 2026; TTM through Mar 2026 was $551.5 million, a 2.34% decrease from a year earlier, with the FY2025 full-year figure at $554.3 million, down 2.32% from the prior year.
- Operating Expenses for Q1 2026 stood at $135.4 million, down from $140.8 million in the prior quarter.
- Over the last five years, Operating Expenses for WTI reached as high as $149.0 million in Q2 2024 and fell as low as $93.4 million in Q1 2022.
- Historically, Operating Expenses has averaged $131.0 million across 5 years, with a median of $135.2 million in 2025.
- Across the five-year window, Operating Expenses surged 381.79% in 2022 and decreased 9.24% in 2025, its largest moves.
- Year by year, Operating Expenses stood at $133.7 million in 2022, then decreased by 2.36% to $130.5 million in 2023, then gained by 5.2% to $137.3 million in 2024, then increased by 2.53% to $140.8 million in 2025, then decreased by 3.85% to $135.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $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 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 2.28 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 4.32 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 4.12 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | - |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 4.86 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 60.22 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 54.49 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.64 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 2.87 Bn |
| 10 | W&T Offshore | 494.69 Mn | 362.46 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 | 26.64 Mn |
| Jun 30, 2021 | 99.27 Mn |