W&T Offshore
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. W&T Offshore's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 42% to $532,656,000. Profit margin reached 3%. Total operating expenses were $219,235,999.
Profit Margin
| 2014 | 948.70M | -11.66M | -1.23% |
|---|---|---|---|
| 2015 | 507.26M | -1.04B | -205.95% |
| 2016 | 399.98M | -249.02M | -62.26% |
| 2017 | 487.09M | 79.68M | 16.36% |
| 2018 | 580.70M | 248.82M | 42.85% |
| 2019 | 534.89M | 74.08M | 13.85% |
| 2020 | 346.63M | 37.79M | 10.9% |
| 2021 | 558.01M | -41.47M | -7.43% |
| 2022 | 920.99M | 231.14M | 25.1% |
| 2023 | 532.65M | 15.59M | 2.93% |
WTI Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 532.65M | 920.99M | 558.01M | 346.63M | 534.89M | 580.70M | 487.09M | 399.98M | 507.26M | 948.70M |
Cost of revenue | 283.92M | 393.17M | 141.36M | 141.23M | 176.97M | 174.06M | 177.86M | 236.42M | 414.23M | 538.85M |
Gross profit | 248.73M | 527.82M | 416.64M | 205.40M | 357.92M | 406.63M | 309.23M | 163.56M | 93.03M | 409.85M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | -2.2M | 0 | 0 | 0 | 0 | 24.21M | 20.44M | 22.92M | 17.15M | 19.82M |
Total operating expenses | 219.23M | 298.16M | 226.98M | 204.60M | 239.38M | 213.40M | 203.48M | 212.13M | 265.87M | 351.75M |
Operating income | 29.49M | 454.07M | 189.66M | -2.17M | 118.34M | 247.02M | 109.95M | -330.56M | -1.14B | 62.06M |
Other income (expenses), net | 4.44M | -169.26M | -239.19M | 6.83M | -119.45M | 104.77M | -42.83M | -151.54M | -101.99M | -78.18M |
Income before tax | 33.94M | 284.80M | -49.53M | 7.63M | -1.10M | 249.36M | 67.11M | -292.39M | -1.24B | -16.12M |
Income tax expense | 18.34M | 53.66M | -8.05M | -30.15M | -75.19M | 535K | -12.56M | -43.37M | -202.98M | -4.45M |
Net income | 15.59M | 231.14M | -41.47M | 37.79M | 74.08M | 248.82M | 79.68M | -249.02M | -1.04B | -11.66M |
Earnings per share | ||||||||||
Basic EPS | 0.11 | 1.61 | -0.29 | 0.26 | 0.52 | 1.79 | 0.56 | -2.6 | -13.76 | -0.15 |
Diluted EPS | 0.11 | 1.59 | -0.29 | 0.26 | 0.52 | 1.79 | 0.56 | -2.6 | -13.76 | -0.15 |
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