W&T Offshore WTI Advances From Joint Interest Partners Current
Advances From Joint Interest Partners Current at other companies
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Where this comes from
Reported directly by W&T Offshore in its filing.
Tagged under the XBRL concept wti:AdvancesFromJointInterestPartnersCurrent.
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 advances from joint interest partners current?
- W&T Offshore (WTI) reported advances from joint interest partners current of $2.28M in Q1 2026.
- How has W&T Offshore's advances from joint interest partners current changed year-over-year?
- W&T Offshore's advances from joint interest partners current decreased by 6.5% year-over-year, from $2.43M to $2.28M.
- What is the long-term trend for W&T Offshore's advances from joint interest partners current?
- Over 5 years (2020 to 2025), W&T Offshore's advances from joint interest partners current has grown at a -20.0% compound annual growth rate (CAGR), from $7.31M to $2.39M.
- What does advances from joint interest partners current mean?
- This represents cash received in advance from joint interest partners to cover their share of future operating or capital expenditures in shared oil and gas projects. It functions as a source of short-term working capital provided by partners before costs are incurred. A significant balance indicates active project participation and provides a temporary liquidity buffer for the operator.