W&T Offshore Inc. (WTI) Financials Nov 14, 2014, 4:28

New Post Public Reply Private Reply Replies (0) Message Board
Hirata
W&T Offshore Inc. (WTI) Financials Nov 14, 2014, 4:28 p.m.
Income Statement Balance Sheet Cash Flow Statement
Annual Financials for W&T Offshore Inc.


Fiscal year is January-December. All values USD millions. 2009 2010 2011 2012 2013 5-year trend
Sales/Revenue 611M 705.78M 971.05M 874.49M 984.09M
Cost of Goods Sold (COGS) incl. D&A 342.54M 294.1M 564.87M 602.49M 739.88M
COGS excluding D&A 0 0 236.09M 246.26M 288.35M
Depreciation & Amortization Expense 342.54M 294.1M 328.79M 356.23M 451.53M
Depreciation 342.54M 294.1M 328.79M 356.23M 451.53M
Amortization of Intangibles - - 0 0 -
Gross Income 268.46M 411.68M 406.17M 272M 244.21M
2009 2010 2011 2012 2013 5-year trend
SG&A Expense 42.99M 53.29M 70.7M 58.22M 80.97M
Research & Development 0 0 0 0 0
Other SG&A 42.99M 53.29M 70.7M 58.22M 80.97M
Other Operating Expense 219.09M 187.35M 4.28M 5.84M 7.14M
Unusual Expense 221.8M 9.76M 24.44M 30.97M 909,000
EBIT after Unusual Expense (221.8M) (9.76M) (24.44M) (30.97M) (909,000)
Non Operating Income/Expense (6.53M) 5.5M 0 (7.45M) 485,000
Non-Operating Interest Income - 710,000 84,000 0 0
Equity in Affiliates (Pretax) 0 0 0 0 -
Interest Expense 40.09M 37.71M 42.52M 49.99M 75.58M
Gross Interest Expense 46.75M 43.1M 52.39M 63.27M 85.64M
Interest Capitalized 6.66M 5.4M 9.88M 13.27M 10.06M
Pretax Income (262.03M) 129.79M 264.33M 119.53M 80.1M
Income Tax (74.11M) 11.9M 91.52M 47.55M 28.77M
Income Tax - Current Domestic 0 20.17M 29.68M (40.56M) (2.15M)
Income Tax - Current Foreign - 0 0 - -
Income Tax - Deferred Domestic - (8.27M) 61.84M 88.11M 30.92M
Income Tax - Deferred Foreign 0 0 0 - -
Income Tax Credits 74.11M 0 0 - -
Equity in Affiliates 0 0 0 0 -
Other After Tax Income (Expense) 0 (1.18M) (3.21M) (983,000) (303,000)
Consolidated Net Income (187.92M) 116.71M 169.61M 71M 51.02M
Minority Interest Expense 0 0 0 0 0
Net Income (187.92M) 116.71M 169.61M 71M 51.02M
Extraordinaries & Discontinued Operations 0 0 0 0 0
Extra Items & Gain/Loss Sale Of Assets 0 0 0 0 0
Cumulative Effect - Accounting Chg 0 0 0 0 0
Discontinued Operations 0 0 0 0 0
Net Income After Extraordinaries (187.92M) 116.71M 169.61M 71M 51.02M
Preferred Dividends 0 0 0 0 0
Net Income Available to Common (187.92M) 116.71M 169.61M 71M 51.02M
EPS (Basic) (2.51) 1.58 2.29 0.95 0.68
Basic Shares Outstanding 74.85M 73.69M 74.03M 74.35M 75.24M
EPS (Diluted) (2.51) 1.58 2.29 0.95 0.68
Diluted Shares Outstanding 74.85M 73.69M 74.03M 74.35M 75.24M
EBITDA 348.92M 465.15M 659.99M 564.17M 607.63M
Copyright 2014 FactSet Research Systems Inc. All rights reserved. Source FactSet Fundamentals.
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Volkswagen Leasing's MXN 2.5B Move Through Bolsa

Updated Category News Views 1

Reading the Fine Print in VW Leasing's Latest Move Let's get right into the weeds: Volkswagen Leasing's cranking out MXN 2.5 billion in long-term debt certificates. This maneuver ain't happening in a vacuum—it's powered by the intricate levers behind Greenberg Traurig's sharp legal mind. This isn't just another financial transaction; it's a strategically framed...

Continue Reading
Jackson Hewitt Aims to Recruit 15,000 Seasonal Staff

Updated Category News Views 6

Revving Up for Tax Season: Jackson Hewitt's Hiring Push When tax season looms, the hustle can't be understated, and Jackson Hewitt is cranking it up by hunting for 15,000 new recruits to tackle this annual financial circus. Starting October 26, this hiring fest is open season across the nation, pulling out all the stops to bolster its workforce. But what does this mean...

Continue Reading
Kat Florence Hotels Offers Unique $20K Wine Tastings

Updated Category News Views 1

Luxury Retreat Offering Free Rare Wine Tastings The world of high-end hospitality just got a bit more intoxicating, literally. As of October 20, guests at the Elora luxury retreat, part of the Kat Florence Hotels portfolio, can indulge in some of the most coveted wines on the planet—gratis. That's right, wine aficionados can thank Kat Florence's latest extravagant...

Continue Reading
King City Gardens Debuts Third Dispensary in Cincinnati

Updated Category News Views 2

Every corner of Cincinnati’s cannabis scene just got a little busier with King City Gardens opening up shop in Colerain Township. This move marks their third Garden Dispensary in Greater Cincinnati. It’s not just about adding another location, though. It’s King City’s way of cementing their local roots deeper into the city’s soil, rolling out a mix of...

Continue Reading
Norwegian Bella™: A New Era in Luxury Cruising

Updated Category News Views 5

Setting Sail with Norwegian Bella™ in 2028 When you hear about another cruise ship hitting the water, eye rolls might come naturally. But Norwegian Cruise Line's latest announcement adds a few twists worth noting. Today, the big news is that the Norwegian Bella™, the freshest face in NCL's innovative Prima Class, is now open for bookings. This beauty will start its...

Continue Reading
Prosecco DOC Chef Residency Debriefs on Inaugural Year

Updated Category News Views 0

A Fusion of Flavors: The Residency Recap Alright, listen up. The Prosecco DOC Chef Residency has wrapped its initial bash in Italy, where it played culinary matchmaker with talents from Brazil, South Korea, Canada, and the UK. Picture some top-notch chefs crossing borders and tweaking recipes with that unique Italian spark of Prosecco DOC. It wasn't just some ballroom...

Continue Reading
NCD Debuts Tool for Medicare Advantage Dental Plans

Updated Category News Views 0

NCD Takes a Stab at Simplifying Medicare Advantage Dental Plans Alright, let's cut through the clutter and get to what's what. NCD has rolled out a new tool for Medicare Advantage plans, specifically targeting the dental benefits part. This isn't just a fancy gadget, but a real tool built from CMS data to provide some clarity in the chaotic world of health plans. We've...

Continue Reading
Freight Rebound Sparks Strategic M&A Opportunities

Updated Category News Views 5

Is the Freight Recovery Here to Stay? Just when you thought trucking might have run out of gas, we're hitting a sharp turn back into growth town. For those of you dropping equity crumbs every which way but loose in the last few years, this freight lull has been brutal—like the hangover from hell. But Brown Gibbons Lang & Company’s fresh report now hints at a brighter...

Continue Reading
ARPwave Therapy: A Game Changer For Patient Recovery

Updated Category News Views 1

New Insights in Recovery with ARPwave Therapy Getting stuck in a rehab rut is not uncommon. That's where ARPwave therapy steps in, taking an innovative approach to healing by focusing on the nervous system's role in recovery. Props to Jeff Kessler from Maximum Health Physical Therapy for shedding light on this game-changing method during an insightful piece in...

Continue Reading
Laredo Oil Eyes Big Gains in Argentina's Oil Play

Updated Category News Views 4

Argentina's Oil Play: Laredo Oil's Bold Venture Talk about shooting for the stars. Laredo Oil's second tête-à-tête with Santa Cruz Province's big wigs highlights their itch to rejuvenate Argentina's tired oil fields. For folks who know the nitty-gritty of oil, we're talking about the Golfo San Jorge Basin, a place where old dogs might learn new tricks thanks to that...

Continue Reading

Top 5 Most Recently Viewed Articles

Weyerhaeuser Declares Quarterly Dividend for Shareholders

Updated Category News Views 201

Weyerhaeuser Company Declares Quarterly Dividend Weyerhaeuser Company (NYSE: WY), one of the leading players in the timber sector, recently announced significant news regarding its quarterly dividend. The board of directors has revealed that they will be distributing a cash dividend of $0.21 per common share. This dividend signals the company's ongoing commitment to...

Continue Reading
NSF Secures CMMC Third-Party Reauthorization for Cybersecurity

Updated Category News Views 546

NSF's CMMC Reauthorization: A Step Forward in Cybersecurity NSF, a renowned global services organization, has recently celebrated a significant achievement with its reauthorization as a CMMC Third-Party Assessment Organization (C3PAO). This critical designation is awarded by Cyber AB, the official body responsible for overseeing the Cybersecurity Maturity Model...

Continue Reading
AlphaTON Secures Major Data Center Partnership to Propel AI Growth

Updated Category News Views 98

AlphaTON Capital Corp Expands AI Capabilities through New Agreement In a significant move to bolster its technological infrastructure, AlphaTON Capital Corp (NASDAQ: ATON) has announced a partnership with atNorth, a prominent provider in the data center industry. This agreement marks a pivotal step for AlphaTON as it gears up to enhance its capabilities in the swiftly...

Continue Reading
Leopard Imaging Launches Cutting-Edge Hyperlux Sensor Series

Updated Category News Views 228

Leopard Imaging Expands Innovative Camera Solutions Leopard Imaging Inc., renowned for its leadership in embedded AI vision solutions, has unveiled a remarkable range of camera systems utilizing onsemi's advanced Hyperlux™ sensor series. This pioneering launch emphasizes the company’s commitment to provide state-of-the-art technology tailored for a variety of...

Continue Reading
Array's Strategic Acquisition of MoneyKit Enhances Financial Solutions

Updated Category News Views 288

Array's Acquisition of MoneyKit: A Strategic Move for Financial Innovation Array, a prominent embeddable platform, has recently taken significant steps to advance its mission by acquiring MoneyKit, a firm known for its robust financial connectivity solutions. This acquisition is not merely a growth tactic; it signifies a transformative partnership aimed at enhancing the...

Continue Reading