W&T Offshore, Inc. (WTI)

W&T Offshore Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	123.38	173.34	461.36	245.8	43.73	32.43
Cash & Short-Term Investments	123.38	173.34	461.36	245.8	43.73	32.43
Cash Growth	-28.11%	-62.43%	87.70%	462.13%	34.82%	-2.58%
Accounts Receivable	92.03	67.56	80.15	64.66	49.67	76.77
Other Receivables	2.22	2.22	-	-	-	1.86
Receivables	94.25	69.78	80.15	64.66	49.67	78.63
Restricted Cash	4.42	4.42	4.42	4.42	-	-
Other Current Assets	25.89	17.45	24.34	43.38	13.83	30.69
Total Current Assets	247.93	264.98	570.26	358.26	107.23	141.75
Property, Plant & Equipment	802.4	759.57	745.58	675.85	698.39	756.73
Long-Term Investments	-	2.18	2.45	2.53	2.7	2.59
Long-Term Deferred Tax Assets	42.37	38.77	57.28	102.51	94.33	63.92
Long-Term Deferred Charges	-	-	-	-	2.72	7.22
Other Long-Term Assets	55.88	48.5	56.22	54.06	35.22	31.51
Total Assets	1,149	1,114	1,432	1,193	940.58	1,004
Accounts Payable	89.13	78.86	65.16	67.41	41.3	102.34
Accrued Expenses	18.58	24.16	25.82	22.92	15.43	22.72
Current Portion of Long-Term Debt	14.93	29.37	582.25	42.96	-	-
Current Portion of Leases	1.48	1.46	1.63	1.12	0.39	2.72
Current Income Taxes Payable	-	0.1	0.41	0.13	0.15	-
Other Current Liabilities	110.29	82.92	117.07	189.84	57.72	62.18
Total Current Liabilities	234.4	216.85	792.33	324.38	115	189.96
Long-Term Debt	376.98	361.24	111.19	687.94	625.29	719.53
Long-Term Leases	-	10.8	10.53	11.23	11.36	4.42
Long-Term Deferred Tax Liabilities	-	0.05	0.07	0.11	0.13	-
Other Long-Term Liabilities	532.19	493.87	510.04	416.73	397.09	339.17
Total Liabilities	1,144	1,083	1,424	1,440	1,149	1,253
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	589.68	586.01	576.59	552.92	550.34	547.05
Retained Earnings	-560.51	-530.66	-544.79	-775.94	-734.46	-772.25
Treasury Stock	-24.17	-24.17	-24.17	-24.17	-24.17	-24.17
Shareholders' Equity	5.01	31.19	7.63	-247.18	-208.29	-249.37
Total Liabilities & Equity	1,149	1,114	1,432	1,193	940.58	1,004
Total Debt	393.39	402.86	705.59	743.24	637.04	726.67
Net Cash (Debt)	-270.01	-229.52	-244.24	-497.44	-593.31	-694.24
Net Cash Per Share	-1.84	-1.55	-1.68	-3.50	-4.14	-4.83
Filing Date Shares Outstanding	147.18	146.86	146.42	142.94	142.15	141.55
Total Common Shares Outstanding	147.16	146.58	146.09	142.79	142.15	141.55
Working Capital	13.53	48.13	-222.07	33.88	-7.77	-48.21
Book Value Per Share	0.03	0.21	0.05	-1.73	-1.47	-1.76
Tangible Book Value	5.01	31.19	7.63	-247.18	-208.29	-249.37
Tangible Book Value Per Share	0.03	0.21	0.05	-1.73	-1.47	-1.76
Machinery	-	43.43	20.92	20.84	20.85	20.32

Source: S&P Capital IQ. Standard template. Financial Sources.