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
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