W&T Offshore (WTI) Revenue & Revenue Breakdown

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W&T Offshore Revenue Highlights

Latest Revenue (Y)

$3.08M

Latest Revenue (Q)

$121.37M

Main Segment (Y)

Oil And Condensate

Main Geography (Y)

Oil And Condensate

W&T Offshore Revenue by Period

W&T Offshore Revenue by Year

Date	Revenue	Change
2023-12-31	$3.08M	-99.67%
2022-12-31	$921.00M	65.05%
2021-12-31	$558.01M	60.98%
2020-12-31	$346.63M	-35.20%
2019-12-31	$534.90M	-7.89%
2018-12-31	$580.71M	19.22%
2017-12-31	$487.10M	21.78%
2016-12-31	$399.99M	-21.15%
2015-12-31	$507.26M	-46.53%
2014-12-31	$948.71M	-3.60%
2013-12-31	$984.09M	12.53%
2012-12-31	$874.49M	-9.94%
2011-12-31	$971.05M	37.58%
2010-12-31	$705.78M	15.51%
2009-12-31	$611.00M	-49.74%
2008-12-31	$1.22B	9.15%
2007-12-31	$1.11B	39.14%
2006-12-31	$800.47M	36.80%
2005-12-31	$585.14M	15.02%
2004-12-31	$508.71M	20.38%
2003-12-31	$422.59M	120.86%
2002-12-31	$191.34M	12.82%
2001-12-31	$169.59M	62.99%
2000-12-31	$104.05M	-

W&T Offshore generated $3.08M in revenue during NA 2023, up -99.67% compared to the previous quarter, and up 0.53% compared to the same period a year ago.

W&T Offshore Revenue by Quarter

Date	Revenue	Change
2024-09-30	$121.37M	-14.98%
2024-06-30	$142.76M	1.40%
2024-03-31	$140.79M	6.38%
2023-12-31	$132.34M	-7.07%
2023-09-30	$142.41M	12.86%
2023-06-30	$126.18M	-4.21%
2023-03-31	$131.72M	-30.56%
2022-12-31	$189.70M	-28.81%
2022-09-30	$266.49M	-2.67%
2022-06-30	$273.81M	43.35%
2022-03-31	$191.00M	15.35%
2021-12-31	$165.59M	23.62%
2021-09-30	$133.95M	0.84%
2021-06-30	$132.83M	5.72%
2021-03-31	$125.65M	32.61%
2020-12-31	$94.75M	30.66%
2020-09-30	$72.52M	31.27%
2020-06-30	$55.24M	-55.50%
2020-03-31	$124.13M	-18.28%
2019-12-31	$151.89M	14.88%
2019-09-30	$132.22M	-1.84%
2019-06-30	$134.70M	16.04%
2019-03-31	$116.08M	-19.06%
2018-12-31	$143.42M	-6.54%
2018-09-30	$153.46M	2.57%
2018-06-30	$149.61M	11.47%
2018-03-31	$134.21M	3.96%
2017-12-31	$129.10M	17.06%
2017-09-30	$110.28M	-10.58%
2017-06-30	$123.32M	-0.86%
2017-03-31	$124.39M	7.97%
2016-12-31	$115.21M	7.27%
2016-09-30	$107.40M	7.77%
2016-06-30	$99.66M	28.23%
2016-03-31	$77.72M	-25.32%
2015-12-31	$104.06M	-17.56%
2015-09-30	$126.23M	-15.32%
2015-06-30	$149.07M	16.54%
2015-03-31	$127.91M	-34.97%
2014-12-31	$196.68M	-16.14%
2014-09-30	$234.52M	-10.83%
2014-06-30	$262.99M	3.33%
2014-03-31	$254.52M	3.91%
2013-12-31	$244.93M	0.15%
2013-09-30	$244.56M	3.90%
2013-06-30	$235.38M	-9.20%
2013-03-31	$259.22M	9.31%
2012-12-31	$237.15M	27.53%
2012-09-30	$185.95M	-13.72%
2012-06-30	$215.51M	-8.64%
2012-03-31	$235.89M	-9.93%
2011-12-31	$261.90M	6.74%
2011-09-30	$245.37M	-2.99%
2011-06-30	$252.92M	19.95%
2011-03-31	$210.85M	12.78%
2010-12-31	$186.96M	10.25%
2010-09-30	$169.57M	-5.62%
2010-06-30	$179.67M	5.95%
2010-03-31	$169.59M	-3.70%
2009-12-31	$176.10M	5.42%
2009-09-30	$167.04M	11.04%
2009-06-30	$150.43M	28.11%
2009-03-31	$117.42M	8.42%
2008-12-31	$108.31M	-62.63%
2008-09-30	$289.79M	-37.14%
2008-06-30	$461.01M	29.32%
2008-03-31	$356.50M	5.02%
2007-12-31	$339.46M	-

W&T Offshore generated $121.37M in revenue during Q3 2024, up -14.98% compared to the previous quarter, and up 96.19% compared to the same period a year ago.

W&T Offshore Revenue Breakdown

W&T Offshore Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 18
Natural Gas Midstream	$37.13M
Natural Gas Production	$99.63M
Oil And Condensate	$438.80M
Product And Service Other	$5.15M

W&T Offshore's latest annual revenue breakdown by segment (product or service), as of Dec 18: Oil And Condensate (75.56%), Natural Gas Production (17.16%), Natural Gas Midstream (6.39%), and Product And Service Other (0.89%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Mar 19	Dec 18	Sep 18	Jun 18
Product and Service, Other	$1.73M	$4.69M	-	-	-	-
Natural Gas Liquids	$5.64M	$7.47M	-	-	-	-
Natural Gas, Production	$23.15M	$21.62M	-	-	-	-
Oil and Condensate	$90.86M	$107.02M	-	-	-	-
Natural Gas Midstream	-	-	$6.45M	$8.65M	$10.09M	$8.73M
Product And Service Other	-	-	$1.09M	$1.24M	$1.25M	$1.28M
Natural Gas Production	-	-	$21.84M	$28.14M	$22.64M	$22.98M
Oil And Condensate	-	-	$86.70M	$105.39M	$119.48M	$116.62M

W&T Offshore's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Oil and Condensate (74.86%), Natural Gas, Production (19.07%), Natural Gas Liquids (4.64%), and Product and Service, Other (1.42%).

W&T Offshore Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 18
Natural Gas Midstream	$37.13M
Product And Service Other	$5.15M
Oil And Condensate	$438.80M
Natural Gas Production	$99.63M

W&T Offshore's latest annual revenue breakdown by geography, as of Dec 18: Oil And Condensate (75.56%), Natural Gas Production (17.16%), Natural Gas Midstream (6.39%), and Product And Service Other (0.89%).

Quarterly Revenue by Country

Country	Mar 19	Dec 18	Sep 18	Jun 18
Natural Gas Midstream	$6.45M	$8.65M	$10.09M	$8.73M
Product And Service Other	$1.09M	$1.24M	$1.25M	$1.28M
Oil And Condensate	$86.70M	$105.39M	$119.48M	$116.62M
Natural Gas Production	$21.84M	$28.14M	$22.64M	$22.98M

W&T Offshore's latest quarterly revenue breakdown by geography, as of Mar 19: Oil And Condensate (74.69%), Natural Gas Production (18.81%), Natural Gas Midstream (5.55%), and Product And Service Other (0.94%).

W&T Offshore Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
EQT	EQT	$7.53B	$3.65T
AR	Antero Resources	$4.68B	$1.06B
PR	Permian Resources	$3.12B	$1.22B
MTDR	Matador Resources Company	$2.82B	$894.07M
RRC	Range Resources	$2.55B	$615.03M
SM	SM Energy Company	$2.36B	$643.61M
CRK	Comstock Resources	$1.57B	$253.63M
MGY	Magnolia Oil & Gas	$1.23B	$333.13M
WTI	W&T Offshore	$3.08M	$121.37M

WTI Revenue FAQ

What is W&T Offshore’s yearly revenue?

W&T Offshore's yearly revenue for 2023 was $3.08M, representing a decrease of -99.67% compared to 2022. The company's yearly revenue for 2022 was $921M, representing an increase of 65.05% compared to 2021. WTI's yearly revenue for 2021 was $558.01M, representing an increase of 60.98% compared to 2020.

What is W&T Offshore’s quarterly revenue?

W&T Offshore's quarterly revenue for Q3 2024 was $121.37M, a -14.98% decrease from the previous quarter (Q2 2024), and a -14.77% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $142.76M, a 1.40% increase from the previous quarter (Q1 2024), and a 13.14% increase year-over-year (Q2 2023). WTI's quarterly revenue for Q1 2024 was $140.79M, a 6.38% increase from the previous quarter (Q4 2023), and a 6.88% increase year-over-year (Q1 2023).

What is W&T Offshore’s revenue growth rate?

W&T Offshore's revenue growth rate for the last 3 years (2021-2023) was -99.45%, and for the last 5 years (2019-2023) was -99.43%.

What are W&T Offshore’s revenue streams?

W&T Offshore's revenue streams in c 18 are Natural Gas Midstream, Natural Gas Production, Oil And Condensate, and Product And Service Other. Natural Gas Midstream generated $37.13M in revenue, accounting 6.39% of the company's total revenue Natural Gas Production generated $99.63M in revenue, accounting 17.16% of the company's total revenue Oil And Condensate generated $438.8M in revenue, accounting 75.56% of the company's total revenue Product And Service Other generated $5.15M in revenue, accounting 0.89% of the company's total revenue

What is W&T Offshore’s main source of revenue?

For the fiscal year ending Dec 18, the largest source of revenue of W&T Offshore was Oil And Condensate. This segment made a revenue of $438.8M, representing 75.56% of the company's total revenue.