W&T Offshore (WTI) Tax Rate (2010 - 2026)
W&T Offshore's (WTI) quarterly Tax Rate came in at 13.25% in Q1 2026, down 2636.0% year-on-year from 0.52% in Q1 2025, and down 104.78% on a QoQ basis from 277.1% in Q4 2025.
W&T Offshore (WTI) Tax Rate (2010 - 2026) Analysis & Trends
W&T Offshore (WTI) has 17 years of Tax Rate data on file, last reported at 13.25% in Q1 2026.
- On a quarterly basis, Tax Rate fell 2636.0% year-over-year to 13.25% in Q1 2026; TTM through Mar 2026 was 16.18%, a 519.0% decrease from a year earlier, with the FY2025 full-year figure at 21.0%, changed 0.0% from the prior year.
- Tax Rate for Q1 2026 stood at 13.25%, down from 277.1% in the prior quarter.
- Over the last five years, Tax Rate for WTI reached as high as 277.1% in Q4 2025 and fell as low as 1111.69% in Q4 2023.
- Historically, Tax Rate has averaged 63.46% across 5 years, with a median of 13.11% in 2025.
- Across the five-year window, Tax Rate sank 102346 bps in 2023 and surged 116032 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 88.22% in 2022, then sank by 1160 bps to 1111.69% in 2023, then jumped by 104 bps to 48.63% in 2024, then soared by 470 bps to 277.1% in 2025, then sank by 105 bps to 13.25% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 13.25% in Q1 2026, 277.1% in Q4 2025, and 361.63% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 35.09% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 22.50% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 18.18% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 57.82% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 39.49% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 23.18% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 22.15% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -671.43% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 22.16% |
| 10 | W&T Offshore | 494.69 Mn | 362.46 Mn | - | -13.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.25% |
| Mar 31, 2026 | -13.25% |
| Mar 31, 2026 | -13.25% |
| Dec 31, 2025 | 277.10% |
| Dec 31, 2025 | 277.10% |
| Dec 31, 2025 | 277.10% |
| Sep 30, 2025 | -361.63% |
| Sep 30, 2025 | -361.63% |
| Sep 30, 2025 | -361.63% |
| Jun 30, 2025 | 10.24% |
| Jun 30, 2025 | 10.24% |
| Jun 30, 2025 | 10.24% |
| Mar 31, 2025 | 13.11% |
| Mar 31, 2025 | 13.11% |
| Mar 31, 2025 | 13.11% |
| Dec 31, 2024 | 48.63% |
| Dec 31, 2024 | 48.63% |
| Dec 31, 2024 | 48.63% |
| Sep 30, 2024 | 10.96% |
| Sep 30, 2024 | 10.96% |