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W&T Offshore WTI Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

Vaalco Energy logo
Vaalco EnergyEGY
$773K+0.5%
SOC
Sable Offshore Corp.SOC
-$892K-134%
Vitesse Energy logo
Vitesse EnergyVTS
-$1.75M-306%
Northern Oil and Gas logo
Northern Oil and GasNOG
$1.32M+258%
Permian Resources logo
Permian ResourcesPR
APA Corporation logo
APA CorporationAPA

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:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?
W&T Offshore (WTI) reported increase (decrease) in prepaid expense and other assets of $2.91M in Q1 2026.
How has W&T Offshore's increase (decrease) in prepaid expense and other assets changed year-over-year?
W&T Offshore's increase (decrease) in prepaid expense and other assets increased by 632.7% year-over-year, from -$547K to $2.91M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.