W&T Offshore (WTI) Tax Rate (2010 - 2023)
W&T Offshore (WTI) posted Tax Rate of -12.21% for Q2 2026, down 22.45 percentage points from 10.24% a year earlier but up 1.04 percentage points from the prior quarter.
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Analysis
W&T Offshore (WTI) Tax Rate (2010 - 2023) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at W&T Offshore was -119.88%, down 130.58 percentage points year-over-year; for FY2025, it was -51.37%, down 61.65 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +343.46 percentage points (FY2020 to FY2025).
- In prior years, W&T Offshore's Tax Rate was 10.28% in FY2024 (-43.77 pp), 54.05% in FY2023 (+35.21 pp), 18.84% in FY2022 (+2.58 pp) and 16.27% in FY2021 (+411.09 pp).
- Quarterly Tax Rate has run from a low of -361.63% in Q3 2025 to a high of 129.75% in Q4 2023 over five years.
- On a year-over-year basis, Tax Rate has declined in each of the last five quarters, with an average year-over-year change of -75.83 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2023, with a gain of 116.12 percentage points; the weakest was Q3 2025, with a drop of 372.59 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -13.25% (Q1 2026), -7.67% (Q4 2025) and -361.63% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | 31.41% |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 26.95% |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 35.37% |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 21.97% |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | 18.22% |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | W&T Offshore | 538.87 Mn | -8.09 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 129.75% |
| Sep 30, 2023 | 69.01% |
| Mar 31, 2023 | 24.94% |
| Dec 31, 2022 | 13.63% |
| Sep 30, 2022 | 19.73% |
| Jun 30, 2022 | 20.13% |
| Dec 31, 2021 | 18.07% |
| Mar 31, 2020 | 8.97% |
| Dec 31, 2018 | 0.12% |
| Sep 30, 2018 | 0.31% |
| Jun 30, 2018 | 0.31% |
| Mar 31, 2018 | 0.39% |
| Sep 30, 2017 | 130.98% |
| Dec 31, 2016 | 5.81% |
| Sep 30, 2014 | 56.93% |
| Jun 30, 2014 | 34.90% |
| Mar 31, 2014 | 37.27% |
| Sep 30, 2013 | 36.14% |
| Jun 30, 2013 | 35.68% |
| Mar 31, 2013 | 35.89% |
API Access
W&T Offshore Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=WTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "WTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=WTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();