W&T Offshore (WTI) Operating Leases (2019 - 2023)
W&T Offshore (WTI) posted Operating Leases of $10.8 million for Q4 2023, up 2.6% from $10.53 million a year earlier but down 7.7% from the prior quarter.
Analysis
W&T Offshore (WTI) Operating Leases (2019 - 2023) Analysis & Trends
Since Q4 2019, W&T Offshore has reported Operating Leases for 14 quarters.
- Annual Operating Leases shows a four-year compound annual growth rate of 25.0% (FY2019 to FY2023).
- In prior years, W&T Offshore's Operating Leases was $10.53 million in FY2022 (-6.2%), $11.23 million in FY2021 (-1.2%), $11.36 million in FY2020 (+157.1%) and $4.42 million in FY2019.
- Quarterly Operating Leases has run from a low of $4.42 million in Q4 2019 to a high of $11.71 million in Q2 2023 over five years.
- On a year-over-year basis, Operating Leases has increased in each of the last three quarters, with growth averaging 0.1% over the last eight quarters.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q4 2020, with growth of 157.1%; the weakest was Q4 2022, with a decline of 6.2%.
- According to Business Quant data, Operating Leases for the three prior quarters was $11.7 million (Q3 2023), $11.71 million (Q2 2023) and $10.55 million (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - |
| 10 | W&T Offshore | 540.38 Mn | -6.58 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 10.80 Mn |
| Sep 30, 2023 | 11.70 Mn |
| Jun 30, 2023 | 11.71 Mn |
| Mar 31, 2023 | 10.55 Mn |
| Dec 31, 2022 | 10.53 Mn |
| Sep 30, 2022 | 10.81 Mn |
| Jun 30, 2022 | 10.97 Mn |
| Mar 31, 2022 | 10.94 Mn |
| Dec 31, 2021 | 11.23 Mn |
| Sep 30, 2021 | 11.19 Mn |
| Jun 30, 2021 | 11.06 Mn |
| Mar 31, 2021 | 11.26 Mn |
| Dec 31, 2020 | 11.36 Mn |
| Dec 31, 2019 | 4.42 Mn |
API Access
W&T Offshore Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=WTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "WTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=WTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();