W&T Offshore (WTI) Tax Rate (2010 - 2023)
W&T Offshore (WTI) posted Tax Rate of 129.75% for Q4 2023, up 116.12 percentage points from 13.63% a year earlier and up 60.74 percentage points from the prior quarter.
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Analysis
W&T Offshore (WTI) Tax Rate (2010 - 2023) Analysis & Trends
For FY2023, W&T Offshore's Tax Rate came in at 54.05%, up 35.21 percentage points from FY2022.
- Annual Tax Rate shows a five-year change of +53.83 percentage points (FY2018 to FY2023).
- In prior years, W&T Offshore's Tax Rate was 18.84% in FY2022.
- The Q4 2023 figure stands as the highest quarterly Tax Rate since Q3 2017.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 24.55% |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 26.42% |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | - |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 33.12% |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 26.09% |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 20.67% |
| 10 | W&T Offshore | 520.45 Mn | -93.03 Mn | 55.31 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();