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W&T Offshore (W&T Offshore) Scaled Net Operating Assets : 0.23 (As of Dec. 2023)


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What is W&T Offshore Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

W&T Offshore's operating assets for the quarter that ended in Dec. 2023 was $940.7 Mil. W&T Offshore's operating liabilities for the quarter that ended in Dec. 2023 was $680.0 Mil. W&T Offshore's Total Assets for the quarter that ended in Sep. 2023 was $1,125.4 Mil. Therefore, W&T Offshore's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.23.


W&T Offshore Scaled Net Operating Assets Historical Data

The historical data trend for W&T Offshore's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

W&T Offshore Scaled Net Operating Assets Chart

W&T Offshore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.38 0.27 0.21 0.18

W&T Offshore Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.19 0.24 0.26 0.23

Competitive Comparison of W&T Offshore's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, W&T Offshore's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


W&T Offshore's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, W&T Offshore's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where W&T Offshore's Scaled Net Operating Assets falls into.



W&T Offshore Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

W&T Offshore's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(940.667-679.951)/1431.79
=0.18

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1114.005 - 173.338
=940.667

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1082.813 - 372.039 - 30.823
=679.951

W&T Offshore's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(940.667-679.951)/1125.373
=0.23

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=1114.005 - 173.338
=940.667

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1082.813 - 372.039 - 30.823
=679.951

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


W&T Offshore Scaled Net Operating Assets Related Terms

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W&T Offshore (W&T Offshore) Business Description

Industry
Traded in Other Exchanges
Address
5718 Westheimer Road, Suite 700, Houston, TX, USA, 77057-5745
W&T Offshore Inc is an oil and gas exploration and production company. The company's exploration operations are focused in the Gulf of Mexico, where it drills for oil and gas. The company engages in both deepwater drilling and shallow-water shelf drilling. W&T Offshore extracts crude oil, natural gas, and natural gas liquids, which are then sold directly at the wellhead. Overall, crude oil accounts for the majority of the company's revenue, with natural gas accounting for a much smaller portion.
Executives
Sameer Parasnis officer: EVP & Chief Financial Officer 1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Nancy T Chang director 101 WESTCOTT, SUITE 603, HOUSTON TX 77007
Jonathan Charles Curth officer: See Remarks 5847 SAN FELIPE SUITE 3000, HOUSTON TX 77057
Hartman Bart P. Iii officer: VP and CAO 5718 WESTHEIMER RD. SUITE 700, HOUSTON TX 77057
Conwill Daniel O. Iv director 400 POYDRAS STREET, SUITE 3100, NEW ORLEANS LA 70130
Shahid Ghauri officer: SEE REMARKS NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
Virginia Boulet director 909 POYDRAS ST SUITE 3600, NEW ORLEANS LA 70112
B Frank Stanley director NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
Tracy W Krohn director, 10 percent owner, officer: Chairman & CEO EIGHT GREENWAY PLAZA, HOUSTON TX 77046
Stuart B Katz director 520 MADISON AVE., NEW YORK NY 10022
William J Williford officer: EVP and GM of Gulf of Mexico NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
David M Bump officer: See Remarks NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
Sunghee Janet Yang officer: SEE REMARKS NINE GREENWAY PLAZA, SUITE 300, HOUSTON TX 77046
Stephen L Schroeder officer: SVP & Chief Technical Officer C/O W&T OFFSHORE, INC., EIGHT GREENWAY PLAZA, SUITE 1330, HOUSTON TX 77046
John D Gibbons officer: SVP & Chief Financial Officer P.O. BOX 500, SAN ANTONIO TX 78292-0500