W&T Offshore (WTI) Operating Leases (2019 - 2023)
W&T Offshore's (WTI) quarterly Operating Leases came in at $10.8 million in Q4 2023, up 2.62% year-on-year from $10.5 million in Q4 2022, and down 7.67% on a QoQ basis from $11.7 million in Q3 2023.
W&T Offshore (WTI) Operating Leases (2019 - 2023) Analysis & Trends
W&T Offshore (WTI) has 5 years of Operating Leases data on file, last reported at $10.8 million in Q4 2023.
- On a quarterly basis, Operating Leases rose 2.62% year-over-year to $10.8 million in Q4 2023; TTM through Dec 2023 was $10.8 million, a 2.62% increase from a year earlier, with the FY2023 full-year figure at $10.8 million, up 2.62% from the prior year.
- Operating Leases for Q4 2023 stood at $10.8 million, down from $11.7 million in the prior quarter.
- Over the last five years, Operating Leases for WTI reached as high as $11.7 million in Q2 2023 and fell as low as $4.4 million in Q4 2019.
- Historically, Operating Leases has averaged $10.6 million across 5 years, with a median of $11.0 million in 2021.
- Across the five-year window, Operating Leases soared 157.07% in 2020 and declined 6.23% in 2022, its largest moves.
- Year by year, Operating Leases stood at $4.4 million in 2019, then jumped by 157.07% to $11.4 million in 2020, then decreased by 1.17% to $11.2 million in 2021, then dropped by 6.23% to $10.5 million in 2022, then climbed by 2.62% to $10.8 million in 2023.
- Per Business Quant data, the three most recent Operating Leases figures were $10.8 million in Q4 2023, $11.7 million in Q3 2023, and $11.7 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 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 |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | W&T Offshore | 494.69 Mn | 362.46 Mn | - |
Historic Data
Download 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 |