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
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 85.77 Mn
Jun 30, 2021 7.87 Mn