W&T Offshore (WTI) Tax Provisions (2010 - 2026)

W&T Offshore's (WTI) quarterly Tax Provisions came in at $2.6 million in Q1 2026, up 157.12% year-on-year from $1.0 million in Q1 2025, and up 103.78% on a QoQ basis from -$69.8 million in Q4 2025.

W&T Offshore (WTI) Tax Provisions (2010 - 2026) Analysis & Trends

W&T Offshore (WTI) has 17 years of Tax Provisions data on file, last reported at $2.6 million in Q1 2026.

  • On a quarterly basis, Tax Provisions rose 157.12% year-over-year to $2.6 million in Q1 2026; TTM through Mar 2026 was -$13.6 million, a 47.93% increase from a year earlier, with the FY2025 full-year figure at -$20.8 million, down 2.06% from the prior year.
  • Tax Provisions for Q1 2026 stood at $2.6 million, up from -$69.8 million in the prior quarter.
  • Over the last five years, Tax Provisions for WTI reached as high as $56.0 million in Q3 2025 and fell as low as -$69.8 million in Q4 2025.
  • Historically, Tax Provisions has averaged -$2.1 million across 5 years, with a median of -$689000.0 in 2022.
  • Across the five-year window, Tax Provisions jumped 1353.85% in 2023 and sank 541.63% in 2025, its largest moves.
  • Year by year, Tax Provisions stood at -$44.4 million in 2022, then soared by 62.7% to -$16.6 million in 2023, then climbed by 25.93% to -$12.3 million in 2024, then tumbled by 469.38% to -$69.8 million in 2025, then jumped by 103.78% to $2.6 million in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were $2.6 million in Q1 2026, -$69.8 million in Q4 2025, and $56.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 1.18 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 575.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 32.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 1.10 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 154.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 84.93 Mn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 40.66 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn -188.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 330.00 Mn
10 W&T Offshore 494.69 Mn 362.46 Mn - 2.64 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.64 Mn
Dec 31, 2025 -69.81 Mn
Sep 30, 2025 55.99 Mn
Jun 30, 2025 -2.38 Mn
Mar 31, 2025 -4.62 Mn
Dec 31, 2024 -12.26 Mn
Sep 30, 2024 -4.55 Mn
Jun 30, 2024 -4.64 Mn
Mar 31, 2024 1.05 Mn
Dec 31, 2023 -16.55 Mn
Sep 30, 2023 4.78 Mn
Jun 30, 2023 3.00 Mn
Mar 31, 2023 8.64 Mn
Dec 31, 2022 -44.38 Mn
Sep 30, 2022 16.40 Mn
Jun 30, 2022 31.10 Mn
Mar 31, 2022 -689,000.00
Dec 31, 2021 10.74 Mn
Sep 30, 2021 -5.90 Mn
Jun 30, 2021 -12.74 Mn