W&T Offshore Inc
W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of America. The company sells crude oil, condensate, natural gas, and natural gas liquids. W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas.
W&T Offshore Inc (WTI) - Net Assets
Latest net assets as of September 2025: $-172.49 Million USD
Based on the latest financial reports, W&T Offshore Inc (WTI) has net assets worth $-172.49 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($960.63 Million) and total liabilities ($1.13 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-172.49 Million |
| % of Total Assets | -17.96% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 117.57 |
W&T Offshore Inc - Net Assets Trend (2000–2024)
This chart illustrates how W&T Offshore Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for W&T Offshore Inc (2000–2024)
The table below shows the annual net assets of W&T Offshore Inc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-52.58 Million | -268.56% |
| 2023-12-31 | $31.19 Million | +308.59% |
| 2022-12-31 | $7.63 Million | +103.09% |
| 2021-12-31 | $-247.18 Million | -18.67% |
| 2020-12-31 | $-208.29 Million | +16.47% |
| 2019-12-31 | $-249.37 Million | +23.22% |
| 2018-12-31 | $-324.80 Million | +43.37% |
| 2017-12-31 | $-573.51 Million | +12.98% |
| 2016-12-31 | $-659.04 Million | -25.18% |
| 2015-12-31 | $-526.49 Million | -203.37% |
| 2014-12-31 | $509.31 Million | -5.79% |
| 2013-12-31 | $540.61 Million | -0.11% |
| 2012-12-31 | $541.19 Million | -0.62% |
| 2011-12-31 | $544.57 Million | +29.12% |
| 2010-12-31 | $421.74 Million | +17.49% |
| 2009-12-31 | $358.95 Million | -37.27% |
| 2008-12-31 | $572.23 Million | -50.30% |
| 2007-12-31 | $1.15 Billion | +10.40% |
| 2006-12-31 | $1.04 Billion | +91.93% |
| 2005-12-31 | $543.38 Million | +50.99% |
| 2004-12-31 | $359.88 Million | +67.81% |
| 2003-12-31 | $214.46 Million | +60.85% |
| 2002-12-31 | $133.33 Million | -18.79% |
| 2001-12-31 | $164.18 Million | +43.25% |
| 2000-12-31 | $114.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to W&T Offshore Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 62381900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | % |
| Other Components | $571.24 Million | % |
| Total Equity | $-52.58 Million | 100.00% |
W&T Offshore Inc Competitors by Market Cap
The table below lists competitors of W&T Offshore Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gallant Micro Machining Co Ltd
TWO:6640
|
$244.02 Million |
|
Sopharma AD
WAR:SPH
|
$244.08 Million |
|
BrainChip Holdings Ltd
OTCQX:BCHPY
|
$244.10 Million |
|
Hong Leong Industries Bhd
KLSE:3301
|
$244.14 Million |
|
INOX India Limited
NSE:INOXINDIA
|
$243.96 Million |
|
Zhejiang Runyang New Material Technology Co. Ltd.
SHE:300920
|
$243.96 Million |
|
NHN KCP Corp
KQ:060250
|
$243.94 Million |
|
NIIT LEARNING SYSTEMS LTD
NSE:NIITMTS
|
$243.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in W&T Offshore Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,192,000 to -52,577,000, a change of -83,769,000 (-268.6%).
- Net loss of 87,145,000 reduced equity.
- Dividend payments of 5,902,000 reduced retained earnings.
- Other factors increased equity by 9,278,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-87.14 Million | -165.75% |
| Dividends Paid | $5.90 Million | -11.23% |
| Other Changes | $9.28 Million | +17.65% |
| Total Change | $- | -268.56% |
Book Value vs Market Value Analysis
This analysis compares W&T Offshore Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $1.75 | $3.12 | x |
| 2001-12-31 | $2.51 | $3.12 | x |
| 2002-12-31 | $2.04 | $3.12 | x |
| 2003-12-31 | $3.47 | $3.12 | x |
| 2004-12-31 | $5.50 | $3.12 | x |
| 2005-12-31 | $8.25 | $3.12 | x |
| 2006-12-31 | $14.88 | $3.12 | x |
| 2007-12-31 | $15.16 | $3.12 | x |
| 2008-12-31 | $7.54 | $3.12 | x |
| 2009-12-31 | $4.80 | $3.12 | x |
| 2010-12-31 | $5.72 | $3.12 | x |
| 2011-12-31 | $7.36 | $3.12 | x |
| 2012-12-31 | $7.28 | $3.12 | x |
| 2013-12-31 | $7.19 | $3.12 | x |
| 2014-12-31 | $6.74 | $3.12 | x |
| 2015-12-31 | $-6.93 | $3.12 | x |
| 2016-12-31 | $-6.89 | $3.12 | x |
| 2017-12-31 | $-4.17 | $3.12 | x |
| 2018-12-31 | $-2.34 | $3.12 | x |
| 2019-12-31 | $-1.77 | $3.12 | x |
| 2020-12-31 | $-1.47 | $3.12 | x |
| 2021-12-31 | $-1.74 | $3.12 | x |
| 2022-12-31 | $0.05 | $3.12 | x |
| 2023-12-31 | $0.21 | $3.12 | x |
| 2024-12-31 | $-0.36 | $3.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently W&T Offshore Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.59%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (130.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 42.06% | 46.33% | 0.49x | 1.87x | $36.74 Million |
| 2001 | 38.72% | 37.48% | 0.60x | 1.72x | $47.15 Million |
| 2002 | 1.54% | 1.07% | 0.56x | 2.56x | $-11.28 Million |
| 2003 | 54.36% | 27.59% | 0.77x | 2.55x | $95.14 Million |
| 2004 | 41.54% | 29.38% | 0.67x | 2.11x | $113.49 Million |
| 2005 | 34.79% | 32.30% | 0.55x | 1.96x | $134.68 Million |
| 2006 | 19.09% | 24.87% | 0.31x | 2.50x | $94.81 Million |
| 2007 | 12.53% | 12.96% | 0.39x | 2.45x | $29.17 Million |
| 2008 | -97.66% | -45.97% | 0.59x | 3.59x | $-616.04 Million |
| 2009 | -52.35% | -30.76% | 0.46x | 3.70x | $-223.81 Million |
| 2010 | 27.95% | 16.70% | 0.50x | 3.38x | $75.72 Million |
| 2011 | 31.73% | 17.80% | 0.52x | 3.43x | $118.36 Million |
| 2012 | 13.30% | 8.23% | 0.37x | 4.34x | $17.87 Million |
| 2013 | 9.49% | 5.22% | 0.39x | 4.64x | $-2.74 Million |
| 2014 | -2.29% | -1.23% | 0.35x | 5.32x | $-62.59 Million |
| 2015 | 0.00% | -205.95% | 0.42x | 0.00x | $-992.07 Million |
| 2016 | 0.00% | -62.26% | 0.48x | 0.00x | $-183.12 Million |
| 2017 | 0.00% | 16.36% | 0.54x | 0.00x | $137.03 Million |
| 2018 | 0.00% | 42.85% | 0.68x | 0.00x | $281.31 Million |
| 2019 | 0.00% | 13.85% | 0.53x | 0.00x | $99.02 Million |
| 2020 | 0.00% | 10.90% | 0.37x | 0.00x | $58.62 Million |
| 2021 | 0.00% | -7.43% | 0.47x | 0.00x | $-16.76 Million |
| 2022 | 3027.89% | 25.10% | 0.64x | 187.55x | $230.39 Million |
| 2023 | 50.01% | 2.93% | 0.48x | 35.71x | $12.48 Million |
| 2024 | 0.00% | -16.59% | 0.48x | 0.00x | $-81.89 Million |
Industry Comparison
This section compares W&T Offshore Inc's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,751,793,864
- Average return on equity (ROE) among peers: -1.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| W&T Offshore Inc (WTI) | $-172.49 Million | 42.06% | N/A | $243.99 Million |
| Advantage Energy Ltd. (AAVVF) | $1.33 Billion | 0.83% | 0.33x | $922.80 Million |
| ADX Energy Ltd (ADXRF) | $4.37 Million | -14.30% | 0.01x | $9.58 Million |
| ARC Resources Ltd. (AETUF) | $3.40 Billion | 7.09% | 0.69x | $10.30 Billion |
| Aminex PLC (AEXFF) | $7.53 Million | -11.90% | 0.27x | $77.17 Million |
| Aker BP ASA (AKRBF) | $12.69 Billion | 14.40% | 2.32x | $6.29 Billion |
| Arkanova Energy Corporation (AKVA) | $-35.51K | 0.00% | 0.00x | $4.92K |
| Allied Resources Inc (ALOD) | $2.39 Million | -3.81% | 0.14x | $428.76K |
| Altex Industries Inc (ALTX) | $2.60 Million | -10.61% | 0.15x | $1.08 Million |
| Alvopetro Energy Ltd (ALVOF) | $66.14 Million | -10.76% | 0.04x | $117.02 Million |
| AMEN Properties Inc (AMEN) | $15.55 Million | 14.30% | 0.08x | $4.94 Million |