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) - Total Assets
Latest total assets as of September 2025: $960.63 Million USD
Based on the latest financial reports, W&T Offshore Inc (WTI) holds total assets worth $960.63 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
W&T Offshore Inc - Total Assets Trend (2000–2024)
This chart illustrates how W&T Offshore Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
W&T Offshore Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
W&T Offshore Inc's total assets of $960.63 Million consist of 19.9% current assets and 80.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $109.00 Million | 9.9% |
| Accounts Receivable | $89.40 Million | 8.1% |
| Inventory | $8.54 Million | 0.8% |
| Property, Plant & Equipment | $787.79 Million | 71.7% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how W&T Offshore Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: W&T Offshore Inc's current assets represent 19.9% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 9.9% of total assets in 2024, up from 0.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is property, plant & equipment at 71.7% of total assets.
W&T Offshore Inc Competitors by Total Assets
Key competitors of W&T Offshore Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
W&T Offshore Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - W&T Offshore Inc generates 0.48x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - W&T Offshore Inc is currently not profitable relative to its asset base.
W&T Offshore Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.10 | 0.98 | 0.93 |
| Quick Ratio | 1.10 | 0.98 | 0.93 |
| Cash Ratio | 0.60 | 0.55 | 0.00 |
| Working Capital | $20.78 Million | $ -5.14 Million | $ -7.77 Million |
W&T Offshore Inc - Advanced Valuation Insights
This section examines the relationship between W&T Offshore Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 62.05 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | -1.4% |
| Total Assets | $1.10 Billion |
| Market Capitalization | $243.99 Million USD |
Valuation Analysis
Below Book Valuation: The market values W&T Offshore Inc's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: W&T Offshore Inc's assets decreased by 1.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for W&T Offshore Inc (2000–2024)
The table below shows the annual total assets of W&T Offshore Inc from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $1.10 Billion | -1.35% |
| 2023-12-31 | $1.11 Billion | -22.19% |
| 2022-12-31 | $1.43 Billion | +20.00% |
| 2021-12-31 | $1.19 Billion | +26.86% |
| 2020-12-31 | $940.58 Million | -6.29% |
| 2019-12-31 | $1.00 Billion | +18.24% |
| 2018-12-31 | $848.87 Million | -6.47% |
| 2017-12-31 | $907.58 Million | +9.38% |
| 2016-12-31 | $829.73 Million | -31.32% |
| 2015-12-31 | $1.21 Billion | -55.41% |
| 2014-12-31 | $2.71 Billion | +8.05% |
| 2013-12-31 | $2.51 Billion | +6.74% |
| 2012-12-31 | $2.35 Billion | +25.69% |
| 2011-12-31 | $1.87 Billion | +31.24% |
| 2010-12-31 | $1.42 Billion | +7.33% |
| 2009-12-31 | $1.33 Billion | -35.47% |
| 2008-12-31 | $2.06 Billion | -27.15% |
| 2007-12-31 | $2.82 Billion | +8.15% |
| 2006-12-31 | $2.61 Billion | +145.15% |
| 2005-12-31 | $1.06 Billion | +39.92% |
| 2004-12-31 | $760.78 Million | +39.15% |
| 2003-12-31 | $546.73 Million | +60.24% |
| 2002-12-31 | $341.19 Million | +20.78% |
| 2001-12-31 | $282.48 Million | +31.90% |
| 2000-12-31 | $214.17 Million | -- |