W&T Offshore Past Earnings Performance
Past criteria checks 2/6
W&T Offshore's earnings have been declining at an average annual rate of -10.3%, while the Oil and Gas industry saw earnings growing at 28.9% annually. Revenues have been growing at an average rate of 9% per year. W&T Offshore's return on equity is 50%, and it has net margins of 2.9%.
Key information
-10.3%
Earnings growth rate
-11.2%
EPS growth rate
| Oil and Gas Industry Growth | 37.3% |
| Revenue growth rate | 9.0% |
| Return on equity | 50.0% |
| Net Margin | 2.9% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How W&T Offshore makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 533 | 16 | 78 | 0 |
| 30 Sep 23 | 590 | 59 | 81 | 0 |
| 30 Jun 23 | 714 | 124 | 85 | 0 |
| 31 Mar 23 | 862 | 260 | 82 | 0 |
| 31 Dec 22 | 921 | 231 | 74 | 0 |
| 30 Sep 22 | 897 | 237 | 68 | 0 |
| 30 Jun 22 | 764 | 132 | 59 | 0 |
| 31 Mar 22 | 623 | -43 | 58 | 0 |
| 31 Dec 21 | 558 | -41 | 55 | 0 |
| 30 Sep 21 | 486 | -99 | 46 | 0 |
| 30 Jun 21 | 423 | -74 | 47 | 0 |
| 31 Mar 21 | 344 | -29 | 38 | 0 |
| 31 Dec 20 | 347 | 38 | 42 | 0 |
| 30 Sep 20 | 399 | 56 | 52 | 0 |
| 30 Jun 20 | 460 | 143 | 47 | 0 |
| 31 Mar 20 | 540 | 186 | 55 | 0 |
| 31 Dec 19 | 532 | 73 | 55 | 0 |
| 30 Sep 19 | 525 | 197 | 52 | 0 |
| 30 Jun 19 | 546 | 167 | 58 | 0 |
| 31 Mar 19 | 561 | 165 | 59 | 0 |
| 31 Dec 18 | 579 | 239 | 60 | 0 |
| 30 Sep 18 | 565 | 128 | 60 | 0 |
| 30 Jun 18 | 522 | 82 | 59 | 0 |
| 31 Mar 18 | 495 | 80 | 62 | 0 |
| 31 Dec 17 | 485 | 76 | 60 | 0 |
| 30 Sep 17 | 471 | 70 | 60 | 0 |
| 30 Jun 17 | 468 | 116 | 57 | 0 |
| 31 Mar 17 | 445 | -35 | 57 | 0 |
| 31 Dec 16 | 398 | -249 | 60 | 0 |
| 30 Sep 16 | 387 | -317 | 61 | 0 |
| 30 Jun 16 | 405 | -839 | 65 | 0 |
| 31 Mar 16 | 454 | -980 | 69 | 0 |
| 31 Dec 15 | 504 | -1,045 | 73 | 0 |
| 30 Sep 15 | 595 | -1,026 | 80 | 0 |
| 30 Jun 15 | 702 | -548 | 84 | 0 |
| 31 Mar 15 | 816 | -278 | 84 | 0 |
| 31 Dec 14 | 941 | -12 | 87 | 0 |
| 30 Sep 14 | 990 | 10 | 85 | 0 |
| 30 Jun 14 | 1,000 | 23 | 84 | 0 |
| 31 Mar 14 | 972 | 36 | 84 | 0 |
| 31 Dec 13 | 977 | 51 | 82 | 0 |
| 30 Sep 13 | 969 | 79 | 66 | 0 |
| 30 Jun 13 | 911 | 64 | 65 | 0 |
Quality Earnings: UWV has high quality earnings.
Growing Profit Margin: UWV's current net profit margins (2.9%) are lower than last year (25.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: UWV has become profitable over the past 5 years, growing earnings by -10.3% per year.
Accelerating Growth: UWV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: UWV had negative earnings growth (-93.3%) over the past year, making it difficult to compare to the Oil and Gas industry average (-40.8%).
Return on Equity
High ROE: Whilst UWV's Return on Equity (50.01%) is outstanding, this metric is skewed due to their high level of debt.