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W&T Offshore WTI Joint interest and other, net

Joint interest and other, net at other companies

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MGY
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Other financials

Income statement

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Revenue$150.0M+15.5%
Operating income$14.6M+278%
Net income-$22.5M+26.3%
EPS (diluted)-$0.15+28.6%

Balance sheet

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Cash & equivalents$130.9M+23.6%
Total debt$353.0M+0.4%
Total equity-$221.8M-168%
Total assets$959.2M-6.4%

Cash flow

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Operating cash flow$2.6M+180%

Valuation

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Market cap$474.6M+49.5%
Enterprise value$696.66M+23.7%
P/S0.9×+0.3×

Profitability

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Operating margin-5.7%-1.7pp
Net margin-27.2%+12.7pp

Returns & leverage

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Return on equity-165.9%
Debt / equity78.6×+62.3×
Current ratio-0.2×

Where this comes from

Reported directly by W&T Offshore in its filing.

Tagged under the XBRL concept us-gaap:OilAndGasJointInterestBillingReceivablesCurrent.

The official record: W&T Offshore’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is W&T Offshore's joint interest and other, net?
W&T Offshore (WTI) reported joint interest and other, net of $27.59M in Q1 2026.
How has W&T Offshore's joint interest and other, net changed year-over-year?
W&T Offshore's joint interest and other, net increased by 2.6% year-over-year, from $26.88M to $27.59M.
What is the long-term trend for W&T Offshore's joint interest and other, net?
Over 5 years (2020 to 2025), W&T Offshore's joint interest and other, net has grown at a 17.7% compound annual growth rate (CAGR), from $10.84M to $24.47M.
What does joint interest and other, net mean?
This represents the net amount of receivables due from joint interest partners for their share of exploration, development, and production costs. It reflects the company's ability to collect outstanding balances from partners in shared oil and gas projects. High balances may indicate potential liquidity delays or collection risks within the joint operating agreement framework.