W&T Offshore, Inc. (WTI) quarterly cash flow statement — complete operating, investing & financing history
W&T Offshore, Inc. (WTI) cash flow statement — 26-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 36.81M | 33.32M | 2.39M | 25.94M | 26.54M | 27.96M | -3.2M | -4.32M | 14.77M | 37.45M | 11.64M | 43.04M | 22.65M | 26.2M | 23.43M | 12.68M | 89.09M | 210.22M | 27.54M | 22.38M |
| Operating CF Margin % | 22.03% | 20.49% | 1.59% | 21.31% | 20.81% | 22.85% | -2.46% | -3.59% | 12.17% | 26.23% | 8.27% | 32.53% | 15.9% | 20.76% | 17.79% | 6.68% | 33.43% | 76.78% | 14.42% | 13.51% |
| Operating CF Growth % | 38.7% | 19.17% | 174.84% | 700.88% | 79.69% | -25.33% | -127.45% | -110.03% | -34.8% | 42.94% | -50.32% | 239.49% | -74.58% | -87.54% | -14.9% | -43.34% | 36.86% | 16991.22% | -38.76% | 459.22% |
| Net Income | -13.65M | 12.56M | -22.53M | -27.13M | -71.47M | -20.88M | -30.58M | -23.36M | -36.92M | -15.39M | -11.47M | -443K | 2.15M | -12.11M | 26M | 43.45M | 66.72M | 123.44M | -2.46M | 48.9M |
| Depreciation & Amortization | 36.87M | 34.35M | 35.78M | 36.79M | 36.58M | 35.13M | 41.28M | 46.37M | 42.05M | 45.07M | 41.91M | 41.03M | 36.63M | 35.89M | 30.13M | 34.25M | 34.11M | 34.36M | 30.91M | 29.57M |
| Stock-Based Compensation | 10.41M | 11.06M | 7.44M | 3.73M | 3.54M | 2.87M | 2.09M | 3.82M | 1.96M | 1.39M | 3.03M | 0 | 0 | 0 | 1.92M | 2.74M | 2.65M | 2.01M | 520K | 1.58M |
| Deferred Taxes | -8K | -26K | -27K | 1.87M | 56.64M | -2.31M | -5.52M | -1.94M | -4.54M | -4.32M | 733K | 3.84M | 3.07M | 7.18M | 4.4M | 5.01M | 13.14M | 27.76M | -733K | 10.64M |
| Other Non-Cash Items | 9.38M | -18.43M | 25.45M | -10.93M | -983K | -15.27M | 9.77M | 1.59M | -882K | 5.78M | -4.77M | -4.24M | -5.97M | 3.27M | -49.96M | -78.72M | -52.26M | 13.27M | 46.58M | -58.81M |
| Working Capital Changes | -6.2M | -6.19M | -43.73M | 21.61M | 2.24M | 28.43M | -20.25M | -30.79M | 13.11M | 4.92M | -17.78M | 2.85M | -13.23M | -8.04M | 10.94M | 5.95M | 24.73M | 9.38M | -47.29M | -9.51M |
| Change in Receivables | -11.89M | 7.32M | -15.89M | 1.29M | 3.9M | 2.04M | -1.94M | -17.06M | 21.91M | -7.11M | -17.36M | -2.99M | -9.35M | 7.42M | 20.62M | 25.86M | 9.96M | -5.61M | -37.77M | -16.59M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 28.64M |
| Change in Payables | 10.52M | -9.44M | -7.76M | 0 | 0 | 0 | -18.86M | 3.83M | -2.96M | 26.42M | -852K | 45.2M | 8.94M | -1.14M | -42.28M | 0 | 18.93M | 0 | 15.65M | -19.45M |
| Cash from Investing | -8.19M | -8.63M | -10.33M | -9.77M | -20.87M | -10.76M | 63.27M | -14.14M | -9.65M | -6.77M | -87.62M | -2.16M | -44.91M | -21.22M | -13.31M | -5.4M | -10.78M | -33.94M | -44.96M | -15.04M |
| Capital Expenditures | 18.96M | -8.63M | -10.33M | -9.77M | -21.8M | -10.74M | -7.17M | -14.14M | -9.65M | -6.77M | -87.62M | -18.17M | -39.69M | -15.69M | -7.52M | -11.75M | -8.33M | -25.52M | -47.59M | -16.7M |
| CapEx % of Revenue | 11.35% | 5.31% | 6.89% | 8.03% | 17.1% | 8.78% | 5.52% | 11.75% | 7.95% | 4.74% | 62.24% | 13.73% | 27.87% | 12.44% | 5.71% | 6.19% | 3.12% | 9.32% | 24.92% | 10.08% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -27.15M | 0 | 0 | 0 | 927K | -19K | 70.44M | 0 | 0 | 0 | 0 | 16.01M | -5.23M | -5.53M | -5.79M | 6.34M | -2.45M | -8.42M | 2.63M | 1.66M |
| Cash from Financing | 12.02M | -4.93M | -1.76M | -1.9M | -1.59M | -2.41M | -63.14M | -1.95M | -1.95M | -2.12M | -2.54M | -16.54M | -371K | -10.73M | -294.09M | 6.95M | -8.91M | -14.04M | -12.9M | -14.71M |
| Debt Issued (Net) | -369K | -275K | -275K | -275K | 266K | -275K | -40.15M | -275K | -275K | -275K | -275K | -15.07M | -171K | -10.71M | -287.01M | -9.12M | -8.9M | -12.31M | -12.63M | -12.36M |
| Equity Issued (Net) | 14.67M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | -1.58M | -1.62M | -1.49M | -1.5M | -1.51M | -1.5M | -1.49M | -1.48M | -1.47M | -1.49M | -1.47M | -1.47M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -705K | -3.03M | 0 | -124K | -342K | -635K | -21.5M | -196K | -205K | -364K | -795K | -9K | -200K | -25K | -7.08M | 16.07M | -13K | -1.72M | -269K | -2.34M |
| Net Change in Cash | 40.63M | 19.76M | -9.7M | 14.27M | 4.07M | 14.79M | -3.07M | -20.41M | 3.17M | 28.55M | -78.52M | 24.34M | -22.63M | -5.76M | -283.97M | 14.23M | 69.41M | 162.25M | -30.32M | -7.37M |
| Free Cash Flow | 55.77M | 24.69M | -7.94M | 16.17M | 4.74M | 17.22M | -10.36M | -18.46M | 5.12M | 30.68M | -75.98M | 24.87M | -17.04M | 10.5M | 15.91M | 933K | 80.77M | 184.7M | -20.05M | 5.68M |
| FCF Margin % | 33.38% | 15.18% | -5.29% | 13.29% | 3.71% | 14.07% | -7.98% | -15.34% | 4.22% | 21.49% | -53.97% | 18.8% | -11.96% | 8.32% | 12.08% | 0.49% | 30.31% | 67.46% | -10.5% | 3.43% |
| FCF Growth % | 1077.51% | 43.4% | 23.41% | 187.6% | -7.54% | -43.87% | 86.36% | -174.21% | 130.07% | 192.08% | -577.48% | 2566.02% | -121.09% | -94.31% | 179.34% | -83.57% | 47.04% | 6157.72% | -146.22% | 141.06% |
| FCF per Share | 0.37 | 0.16 | -0.05 | 0.11 | 0.03 | 0.12 | -0.07 | -0.13 | 0.03 | 0.21 | -0.52 | 0.17 | -0.11 | 0.07 | 0.11 | 0.01 | 0.55 | 1.28 | -0.14 | 0.04 |
| FCF Conversion (FCF/Net Income) | -2.70x | 2.65x | -0.11x | -0.96x | -0.37x | -1.34x | 0.10x | 0.18x | -0.40x | -2.43x | -1.01x | -97.16x | 10.56x | -2.16x | 0.90x | 0.29x | 1.34x | 1.70x | -11.21x | 0.46x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |