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| Date | Value |
|---|---|
| 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 |