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
DateValue
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