W&T Offshore (NYSE: WTI) financial statements
The consolidated income statement, balance sheet and cash flow statement of W&T Offshore for its last 10 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2025 it had $955.8m in total assets and −$199.8m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $501.5m | $525.3m | $532.7m | $921.0m | $558.0m | $346.6m | $534.9m | $580.7m | $487.1m | $400.0m |
| Operating profit | −$52.8m | −$42.2m | $29.5m | $454.1m | $189.7m | $0.8m | $118.5m | $247.0m | $110.0m | −$330.6m |
| Finance costs | — | — | $44.7m | $69.4m | $70.0m | $61.5m | $59.6m | $48.6m | $45.5m | — |
| Profit before tax | −$99.1m | −$97.1m | $33.9m | $284.8m | −$49.5m | $7.6m | −$1.1m | $249.4m | $67.1m | −$292.4m |
| Income tax | $50.9m | $10.0m | $18.3m | $53.7m | $8.1m | $30.2m | $75.2m | $0.5m | $12.6m | $43.4m |
| Net profit | −$150.1m | −$87.1m | $15.6m | $231.1m | −$41.5m | $37.8m | $74.1m | $248.8m | $79.7m | −$249.0m |
| Earnings per share | −$1.01 | −$0.59 | $0.11 | $1.61 | −$0.29 | $0.26 | $0.52 | — | — | — |
| Diluted earnings per share | −$1.01 | −$0.59 | $0.11 | $1.59 | −$0.29 | $0.26 | $0.52 | $1.72 | $0.56 | −$2.60 |
| Depreciation and amortisation | $116.4m | $143.0m | $114.7m | $107.1m | $90.5m | $97.8m | $129.0m | $131.4m | $138.5m | $194.0m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $955.8m | $1,099m | $1,114m | $1,432m | $1,193m | $940.6m | $1,004m | $848.9m | $907.6m | $829.7m |
| Current assets | $239.3m | $218.5m | $265.0m | $570.3m | $358.3m | $107.2m | $141.8m | $226.2m | $190.7m | $191.7m |
| Property, plant and equipment | $662.1m | $777.7m | $749.1m | $735.2m | $665.3m | $686.9m | $748.8m | $515.4m | $579.0m | $547.1m |
| Cash | $140.6m | $109.0m | $173.3m | $461.4m | $245.8m | $43.7m | $32.4m | $33.3m | $99.1m | $70.2m |
| Current liabilities | $234.3m | $246.1m | $216.9m | $792.3m | $324.4m | $115.0m | $190.0m | $186.3m | $168.3m | $203.0m |
| Equity | −$199.8m | −$52.6m | $31.2m | $7.6m | −$247.2m | −$208.3m | −$249.4m | −$324.8m | −$573.5m | −$659.0m |
| Equity including minorities | −$199.8m | −$52.6m | $31.2m | $7.6m | −$247.2m | −$208.3m | −$249.4m | −$324.8m | −$573.5m | −$659.0m |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $77.2m | $59.5m | $115.3m | $339.5m | $133.7m | $108.5m | $232.2m | $321.8m | $159.4m | $14.2m |
| Investing cash flow | $21.9m | −$118.2m | −$81.6m | −$95.1m | −$27.4m | −$47.6m | −$313.8m | −$66.4m | −$107.1m | −$82.4m |
| Financing cash flow | −$69.0m | −$8.6m | −$321.7m | −$28.9m | $100.3m | −$49.6m | $80.7m | −$321.1m | −$23.5m | $53.0m |
| Capital expenditure | — | — | — | — | — | — | — | −$16.8m | — | — |
| Dividends paid | −$6.0m | −$5.9m | −$1.5m | — | — | — | — | — | — | — |
Where each figure comes from
From the annual report (Form 10-K) that W&T Offshore files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the W&T Offshore page.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.