W&T Offshore (WTI) Profit After Tax (2010 - 2026)
W&T Offshore (WTI) posted quarterly Profit After Tax of -$22.5 million for Q1 2026, up 26.32% year-over-year from -$17.8 million in Q1 2025, and up 16.95% quarter-over-quarter from -$27.1 million in Q4 2025.
W&T Offshore (WTI) Profit After Tax (2010 - 2026) Analysis & Trends
W&T Offshore (WTI) has reported Profit After Tax for 17 consecutive years, with -$22.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Profit After Tax rose 26.32% year-over-year to -$22.5 million; the TTM figure through Mar 2026 stood at -$142.0 million (down 33.66% YoY), while the FY2025 annual figure was -$150.1 million, down 72.2% from the prior year.
- Profit After Tax advanced to -$22.5 million in Q1 2026 per WTI's latest filing, from -$27.1 million in the prior quarter.
- Across five years, Profit After Tax topped out at $123.4 million in Q2 2022 and bottomed at -$71.5 million in Q3 2025.
- Historically, Profit After Tax has averaged -$764117.6 across 5 years, with a median of -$12.1 million in 2023.
- Annual changes were most pronounced in 2023 — Profit After Tax jumped 1158.4% — and 2024, when it tumbled 5173.59%.
- W&T Offshore's Profit After Tax stood at $43.4 million in 2022, then sank by 101.02% to -$443000.0 in 2023, then sank by 5173.59% to -$23.4 million in 2024, then slipped by 16.12% to -$27.1 million in 2025, then advanced by 16.95% to -$22.5 million in 2026.
- Business Quant data shows WTI's Profit After Tax at -$22.5 million in Q1 2026, -$27.1 million in Q4 2025, and -$71.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 3.93 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 3.26 Bn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 2.73 Bn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 2.06 Bn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | 2.17 Bn |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 1.91 Bn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 3.00 Bn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 281.45 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 153.93 Mn |
| 10 | W&T Offshore | 585.35 Mn | 433.19 Mn | 156.05 Mn | 12.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.56 Mn |
| Mar 31, 2026 | -22.53 Mn |
| Dec 31, 2025 | -27.13 Mn |
| Sep 30, 2025 | -71.47 Mn |
| Jun 30, 2025 | -20.88 Mn |
| Mar 31, 2025 | -30.58 Mn |
| Dec 31, 2024 | -23.36 Mn |
| Sep 30, 2024 | -36.92 Mn |
| Jun 30, 2024 | -15.39 Mn |
| Mar 31, 2024 | -11.47 Mn |
| Dec 31, 2023 | -443,000.00 |
| Sep 30, 2023 | 2.15 Mn |
| Jun 30, 2023 | -12.11 Mn |
| Mar 31, 2023 | 26.01 Mn |
| Dec 31, 2022 | 43.45 Mn |
| Sep 30, 2022 | 66.72 Mn |
| Jun 30, 2022 | 123.44 Mn |
| Mar 31, 2022 | -2.46 Mn |
| Dec 31, 2021 | 48.90 Mn |
| Sep 30, 2021 | -37.96 Mn |