W&T Offshore (WTI) Operating Leases (2019 - 2023)
W&T Offshore (WTI) reported Operating Leases of $10.8 million for Q4 2023, up 2.62% year-over-year from $10.5 million in Q4 2022, and down 7.67% quarter-over-quarter 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.
- Operating Leases for Q4 2023 came in at $10.8 million, up 2.62% year-over-year; the trailing twelve-month figure through Dec 2023 was $10.8 million (up 2.62% YoY), and the FY2023 annual result was $10.8 million, up 2.62% from the prior year.
- Operating Leases slipped to $10.8 million in Q4 2023 per WTI's latest filing, from $11.7 million in the prior quarter.
- Over five years, Operating Leases peaked at $11.7 million in Q2 2023 and troughed at $4.4 million in Q4 2019.
- A 5-year average of $10.6 million and a median of $11.0 million in 2021 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2020 and 2022: Operating Leases surged 157.07% in 2020, then retreated 6.23% in 2022.
- A 5-year view of Operating Leases shows it stood at $4.4 million in 2019, then jumped by 157.07% to $11.4 million in 2020, then declined by 1.17% to $11.2 million in 2021, then retreated by 6.23% to $10.5 million in 2022, then rose by 2.62% to $10.8 million in 2023.
- Business Quant data shows WTI's Operating Leases at $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 | Woodside Energy | 630.08 Bn | 624.14 Bn | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn |
| 10 | W&T Offshore | 569.82 Mn | 437.59 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 |