W&T Offshore (WTI)
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[[ session ]] by (Cboe BZX)
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Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 15,598 | 231,149 | -41,478 | 37,790 | 74,086 |
| Depreciation Amortization | 150,675 | 141,181 | 120,002 | 127,118 | 154,012 |
| Income taxes - deferred | 18,485 | 45,184 | -8,189 | -30,287 | -64,102 |
| Accounts receivable | 12,586 | -15,482 | -14,994 | 27,098 | -14,329 |
| Other Working Capital | -16,124 | -83,448 | 6,438 | -3,990 | -9,287 |
| Other Operating Activity | -65,894 | 20,946 | 71,889 | -49,220 | 91,847 |
| Operating Cash Flow | $115,326 | $339,530 | $133,668 | $108,509 | $232,227 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -81,073 | -93,186 | -32,721 | -21,081 | -325,924 |
| Other Investing Activity | -535 | -1,894 | 5,277 | -26,535 | 12,110 |
| Investing Cash Flow | $-81,608 | $-95,080 | $-27,444 | $-47,616 | $-313,814 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 275,000 | N/A | 215,000 | 25,000 | 150,000 |
| Debt Repayment | -586,934 | -42,959 | -104,142 | -73,930 | -66,000 |
| Common Stock Issued | N/A | 16,458 | N/A | N/A | N/A |
| Dividend Paid | -1,466 | N/A | N/A | N/A | N/A |
| Other Financing Activity | -8,337 | -2,391 | -10,592 | -670 | -3,273 |
| Financing Cash Flow | $-321,737 | $-28,892 | $100,266 | $-49,600 | $80,727 |
| Beginning Cash Position | 465,774 | 250,216 | 43,726 | 32,433 | 33,293 |
| End Cash Position | 177,755 | 465,774 | 250,216 | 43,726 | 32,433 |
| Net Cash Flow | $-288,019 | $215,558 | $206,490 | $11,293 | $-860 |
| Free Cash Flow | |||||
| Operating Cash Flow | 115,326 | 339,530 | 133,668 | 108,509 | 232,227 |
| Capital Expenditure | -81,073 | -93,186 | -32,721 | -21,081 | -325,924 |
| Free Cash Flow | 34,253 | 246,344 | 100,947 | 87,428 | -93,697 |