W&T Offshore, Inc. (WTI)

USD 1.47

(-6.37%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 532.65 Million 920.99 Million 558.01 Million 346.63 Million 534.89 Million 580.7 Million
Cost of Revenue 140.92 Million 393.17 Million 141.36 Million 141.23 Million 176.97 Million 174.06 Million
Gross Profit 391.72 Million 527.82 Million 416.64 Million 205.4 Million 357.92 Million 406.63 Million
Operating Expenses 362.23 Million 298.16 Million 226.98 Million 204.6 Million 239.38 Million 213.4 Million
Selling, General and Administrative Expenses 75.54 Million 73.74 Million 226.98 Million 204.6 Million 239.38 Million 213.4 Million
Research and Development Expenses - - - - - -
Other Expenses - 224.41 Million 6.16 Million -2.97 Million -188 Thousand 3.87 Million
Cost and Expenses 503.16 Million 466.91 Million 368.34 Million 345.83 Million 416.36 Million 387.47 Million
Operating Income 29.49 Million 454.07 Million 189.66 Million -2.17 Million 118.34 Million 247.02 Million
Interest Expense 44.68 Million 69.44 Million 70.04 Million 61.46 Million 59.56 Million 48.64 Million
Income Tax Expense 18.34 Million 53.66 Million -8.05 Million -30.15 Million -75.19 Million 535 Thousand
Earnings before Tax 33.94 Million 284.8 Million -49.53 Million 7.63 Million -1.1 Million 249.36 Million
Net Income 15.59 Million 231.14 Million -41.47 Million 37.79 Million 74.08 Million 248.82 Million
Earnings Per Share Basic 0.11 1.61 -0.29 0.26 0.52 1.79
Earnings Per Share Diluted 0.11 1.59 -0.29 0.26 0.52 1.79
Weighted Average Shares Outstanding 146.48 Million 143.14 Million 142.27 Million 141.62 Million 140.58 Million 139 Million
Weighted Average Shares Outstanding (Diluted) 148.3 Million 145.09 Million 142.27 Million 141.62 Million 140.58 Million 139 Million
Gross Margin 0.74 0.57 0.75 0.59 0.67 0.70
EBIT Margin 0.32 0.62 0.55 0.34 0.50 0.60
Profit Margin 0.03 0.25 -0.07 0.11 0.14 0.43
EBITDA 170.98 Million 587.7 Million 301 Million 144.89 Million 207.14 Million 396.88 Million
Earnings Before Tax Margin 0.06 0.49 0.34 -0.01 0.22 0.43

Income Statement Charts