W&T Offshore Financials

124.4 M

Revenue Q1, 2017

441.6 M

Mkt cap, 16-Oct-2017
Net income (Q1, 2017)24.3 M
EBIT (Q1, 2017)28.2 M
Cash, 31-Mar-2017126.1 M

Market Value

Revenue/Financials

Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

196.7 m104.1 m115.2 m

Revenue growth, %

(47%)11%

EBIT

(30.5 m)(60.8 m)21.3 m

EBIT margin, %

(16%)(58%)19%

Net Income

51.3 m(33.4 m)(51.6 m)16.5 m

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

263 m234.5 m127.9 m149.1 m126.2 m77.7 m99.7 m107.4 m124.4 m

Sales and marketing expense

61.8 m71.7 m53.3 m45.1 m45 m44.5 m36.6 m37.5 m40.2 m

General and administrative expense

19.7 m21 m20.8 m19.8 m16.5 m16.4 m16.2 m12.7 m13.3 m

Operating expense total

81.4 m92.7 m74.1 m64.9 m61.6 m60.9 m52.9 m50.2 m53.4 m

EBIT

34.4 m21 m(337.5 m)(278.8 m)(468.6 m)(166.6 m)(127 m)(58.3 m)28.2 m

EBIT margin, %

13%9%(264%)(187%)(371%)(214%)(127%)(54%)23%

Pre tax profit

15.1 m1.6 m

Income tax expense

5.3 m904 k(103.6 m)(44.1 m)(18.5 m)(4.9 m)(35.7 m)(3.8 m)(7.6 m)

Net Income

9.8 m684 k(255.1 m)(260.4 m)(477.6 m)(190.5 m)(120.9 m)45.9 m24.3 m

Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2016

Cash

15.8 m23.7 m70.2 m

Accounts Receivable

2 m53.2 m

Inventories

276.5 k4.4 m

Current Assets

173.6 m182.6 m191.7 m

Total Assets

2.5 b2.7 b829.7 m

Accounts Payable

145.2 m194.1 m81 m

Current Liabilities

293.1 m284.5 m203 m

Long-term debt

8.3 m

Total Debt

8.3 m

Additional Paid-in Capital

403.6 m414.6 m540 m

Retained Earnings

161.2 m118.9 m(1.2 b)

Total Equity

509.3 m(659 m)

Debt to Equity Ratio

0 x

Debt to Assets Ratio

0 x

Financial Leverage

5.3 x-1.3 x

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

23.8 m17.2 m8.4 m5.7 m7.5 m370.6 m171.8 m73.4 m126.1 m

Current Assets

183.6 m180.4 m105.8 m124.3 m123.7 m438.6 m250.7 m143 m217 m

Total Assets

2.5 b2.7 b2.3 b2.1 b1.6 b1.3 b998.4 m832.6 m854.5 m

Accounts Payable

140.5 m159.6 m128.3 m135.2 m107.5 m92 m92.9 m83.3 m81.4 m

Short-term debt

139 m

Current Liabilities

280.9 m352.2 m202.2 m219.5 m260.1 m375 m216.8 m223 m198.7 m

Long-term debt

1.3 b8.8 m8.3 m

Additional Paid-in Capital

410.6 m414.4 m417.3 m420 m422.6 m426 m428.6 m537.5 m541.9 m

Retained Earnings

166.9 m159.9 m(136.2 m)(396.7 m)(874.2 m)(1.1 b)(1.2 b)(1.2 b)(1.2 b)

Total Equity

553.4 m550.2 m(788 k)(475.8 m)(714.5 m)(678 m)(632.8 m)

Financial Leverage

4.6 x4.8 x-2645.9 x-3.4 x-1.8 x-1.2 x-1.4 x

Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

51.3 m(33.4 m)(51.6 m)16.5 m

Accounts Payable

41.5 m(46.9 m)6.5 m

Cash From Operating Activities

561.4 m511.4 m132.6 m14.2 m

Cash From Investing Activities

(614.8 m)(630 m)86.1 m(82.4 m)

Cash From Financing Activities

57 m126.4 m(156.9 m)53 m

Income Taxes Paid

44.3 m3.1 m(7 k)(64.3 m)

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

9.8 m684 k(255.1 m)(260.4 m)(477.6 m)(190.5 m)(120.9 m)45.9 m24.3 m

Accounts Payable

140.5 m159.6 m128.3 m135.2 m107.5 m92 m92.9 m83.3 m81.4 m

Income Taxes Paid

120 k5.6 m11.9 m

Ratios

USDY, 2017

Revenue/Employee

411.9 k

Financial Leverage

-1.4 x