WTI
W&T Offshore Inc
NYSE: WTI · ENERGY · OIL & GAS E&P
$4.21
-6.03% today
Updated 2026-04-30
Market cap
$593.62M
P/E ratio
—
P/S ratio
1.18x
EPS (TTM)
$-1.01
Dividend yield
1.06%
52W range
$1 – $4
Volume
9.6M
W&T Offshore Inc (WTI) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $800.47M | $1.11B | $1.22B | $611.00M | $705.78M | $971.05M | $874.49M | $984.09M | $948.71M | $507.26M | $399.99M | $487.10M | $580.71M | $534.90M | $346.63M | $558.01M | $921.00M | $532.66M | $525.26M | $501.46M |
| Revenue growth (YoY) | — | +39.1% | +9.1% | -49.7% | +15.5% | +37.6% | -9.9% | +12.5% | -3.6% | -46.5% | -21.1% | +21.8% | +19.2% | -7.9% | -35.2% | +61.0% | +65.1% | -42.2% | -1.4% | -4.5% |
| Cost of revenue | $127.35M | $250.28M | $24.78M | $219.09M | $17.68M | $21.20M | $376.95M | $476.17M | $538.86M | $414.23M | $236.43M | $177.86M | $174.07M | $157.51M | $118.71M | $118.44M | $142.25M | $140.93M | $171.20M | $474.31M |
| Gross profit | $673.12M | $863.47M | $1.19B | $391.91M | $688.11M | $949.85M | $497.54M | $507.91M | $409.85M | $93.03M | $163.56M | $309.23M | $406.64M | $377.38M | $227.92M | $439.57M | $778.75M | $391.73M | $354.06M | $27.15M |
| Gross margin | 84.1% | 77.5% | 98.0% | 64.1% | 97.5% | 97.8% | 56.9% | 51.6% | 43.2% | 18.3% | 40.9% | 63.5% | 70.0% | 70.6% | 65.8% | 78.8% | 84.6% | 73.5% | 67.4% | 5.4% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $42.12M | $38.85M | $47.23M | $42.99M | $53.29M | $91.22M | $314.28M | $81.87M | $87.00M | $73.11M | $59.74M | $59.74M | $60.15M | $239.39M | $204.60M | $226.98M | $298.16M | $333.22M | $363.88M | $378.74M |
| Operating income | $317.62M | $249.25M | $-807.14M | $-219.86M | $166.79M | $329.46M | $169.31M | $146.73M | $62.07M | $-1.15B | $-330.57M | $109.95M | $247.03M | $118.54M | $801000.00 | $189.66M | $454.08M | $29.49M | $-42.19M | $-52.80M |
| Operating margin | 39.7% | 22.4% | -66.4% | -36.0% | 23.6% | 33.9% | 19.4% | 14.9% | 6.5% | -225.9% | -82.6% | 22.6% | 42.5% | 22.2% | 0.2% | 34.0% | 49.3% | 5.5% | -8.0% | -10.5% |
| EBITDA | $669.15M | $763.75M | $-272.00M | $120.59M | $461.60M | $635.64M | $525.76M | $598.26M | $573.17M | $-756.29M | $11.48M | $265.63M | $396.88M | $206.96M | $189.38M | $133.96M | $487.88M | $222.33M | $118.72M | $96.98M |
| EBITDA margin | 83.6% | 68.6% | -22.4% | 19.7% | 65.4% | 65.5% | 60.1% | 60.8% | 60.4% | -149.1% | 2.9% | 54.5% | 68.3% | 38.7% | 54.6% | 24.0% | 53.0% | 41.7% | 22.6% | 19.3% |
| EBIT | $330.11M | $224.37M | $-793.77M | $-225.04M | $167.50M | $306.85M | $169.53M | $146.73M | $62.07M | $-1.15B | $-200.13M | $109.95M | $247.03M | $58.46M | $69.10M | $20.51M | $354.25M | $78.63M | $-56.68M | $-52.80M |
| Interest expense | $17.18M | $37.09M | $34.71M | $40.09M | $37.71M | $42.52M | $49.99M | $75.58M | $78.40M | $97.34M | $92.27M | $45.84M | $48.65M | $59.57M | $61.46M | $70.05M | $69.44M | $44.69M | $40.45M | $36.49M |
| Income tax | $107.25M | $71.46M | $-269.66M | $-74.11M | $11.90M | $91.52M | $47.55M | $28.77M | $-4.46M | $-202.98M | $-43.38M | $-12.57M | $535000.00 | $-75.19M | $-30.15M | $-8.06M | $53.66M | $18.34M | $-9.98M | — |
| Effective tax rate | 35.0% | 33.1% | 32.5% | 28.3% | 9.2% | 34.6% | 39.8% | 35.9% | 27.7% | 16.3% | 14.8% | -18.7% | 0.2% | 6786.5% | -394.8% | 16.3% | 18.8% | 54.0% | 10.3% | 0.0% |
| Net income | $199.10M | $144.30M | $-558.82M | $-187.92M | $117.89M | $172.82M | $71.98M | $51.32M | $-11.66M | $-1.04B | $-249.02M | $79.68M | $248.83M | $74.09M | $37.79M | $-41.48M | $231.15M | $15.60M | $-87.14M | $-150.06M |
| Net income growth (YoY) | — | -27.5% | -487.3% | +66.4% | +162.7% | +46.6% | -58.3% | -28.7% | -122.7% | -8859.1% | +76.2% | +132.0% | +212.3% | -70.2% | -49.0% | -209.8% | +657.3% | -93.3% | -658.7% | -72.2% |
| Profit margin | 24.9% | 13.0% | -46.0% | -30.8% | 16.7% | 17.8% | 8.2% | 5.2% | -1.2% | -206.0% | -62.3% | 16.4% | 42.8% | 13.9% | 10.9% | -7.4% | 25.1% | 2.9% | -16.6% | -29.9% |