W&T Offshore (WTI) Tax Rate (2010 - 2026)
W&T Offshore (WTI) posted quarterly Tax Rate of 13.25% for Q1 2026, down 2636.0% year-over-year from 0.52% in Q1 2025, and down 104.78% quarter-over-quarter from 277.1% in Q4 2025.
W&T Offshore (WTI) Tax Rate (2010 - 2026) Analysis & Trends
W&T Offshore (WTI) has reported Tax Rate for 17 consecutive years, with 13.25% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate fell 2636.0% year-over-year to 13.25%; the TTM figure through Mar 2026 stood at 16.18% (down 519.0% YoY), while the FY2025 annual figure was 21.0%, changed 0.0% from the prior year.
- Tax Rate retreated to 13.25% in Q1 2026 per WTI's latest filing, from 277.1% in the prior quarter.
- Across five years, Tax Rate topped out at 277.1% in Q4 2025 and bottomed at 1111.69% in Q4 2023.
- Historically, Tax Rate has averaged 63.46% across 5 years, with a median of 13.11% in 2025.
- Annual changes were most pronounced in 2023 — Tax Rate tumbled 102346 bps — and 2024, when it jumped 116032 bps.
- W&T Offshore's Tax Rate stood at 88.22% in 2022, then sank by 1160 bps to 1111.69% in 2023, then surged by 104 bps to 48.63% in 2024, then jumped by 470 bps to 277.1% in 2025, then sank by 105 bps to 13.25% in 2026.
- Business Quant data shows WTI's Tax Rate at 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 | 164.44 Bn | 156.75 Bn | 12.81 Bn | 35.37% |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 18.22% |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 22.15% |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 22.01% |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 22.36% |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 23.37% |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 23.18% |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 20.53% |
| 10 | W&T Offshore | 585.35 Mn | 433.19 Mn | 156.05 Mn | -12.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -12.21% |
| Jun 30, 2026 | -12.21% |
| Jun 30, 2026 | -12.21% |
| 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% |