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W&T Offshore WTI Oil And Gas Sales Payable Current

Oil And Gas Sales Payable Current at other companies

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Devon EnergyDVN
$1.68B+5.7%

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:OilAndGasSalesPayableCurrent.

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 oil and gas sales payable current?
W&T Offshore (WTI) reported oil and gas sales payable current of $61.59M in Q1 2026.
How has W&T Offshore's oil and gas sales payable current changed year-over-year?
W&T Offshore's oil and gas sales payable current increased by 5.0% year-over-year, from $58.65M to $61.59M.
What is the long-term trend for W&T Offshore's oil and gas sales payable current?
Over 5 years (2020 to 2025), W&T Offshore's oil and gas sales payable current has grown at a 25.2% compound annual growth rate (CAGR), from $19.17M to $59.07M.
What does oil and gas sales payable current mean?
This represents current obligations owed to third parties or partners resulting from the sale of oil and gas production. It reflects the company's short-term liabilities related to revenue distribution and royalty payments. Tracking this metric helps in understanding the timing of cash outflows relative to revenue recognition from production activities.