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
DateValue
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