$WTI
W&T OFFSHORE INC

2021 Q4 Form 10-Q Financial Statement

#000155837021014346 Filed on November 03, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $165.6M $133.9M $72.52M
YoY Change 74.77% 84.71% -45.15%
Cost Of Revenue $45.18M $39.49M $36.40M
YoY Change 4.35% 8.49% -22.88%
Gross Profit $120.4M $94.46M $36.10M
YoY Change 134.25% 161.65% -57.53%
Gross Profit Margin 72.71% 70.52% 49.78%
Selling, General & Admin $22.54M $19.98M $19.30M
YoY Change 73.4% 3.54% 16.27%
% of Gross Profit 18.72% 21.16% 53.46%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $29.57M $26.29M $25.13M
YoY Change 11.16% 4.63% -35.31%
% of Gross Profit 24.56% 27.83% 69.6%
Operating Expenses $52.11M $46.27M $44.40M
YoY Change 31.59% 4.22% -20.0%
Operating Profit $68.30M -$24.96M -$19.51M
YoY Change 19469.05% 27.91% -155.11%
Interest Expense -$15.73M $18.91M $14.14M
YoY Change -41.52% 33.78% -2.15%
% of Operating Profit -23.04%
Other Income/Expense, Net $7.129M $0.00 -$751.0K
YoY Change -991.13% -100.0% 35.32%
Pretax Income $59.69M -$43.87M -$34.40M
YoY Change -477.8% 27.53% -268.62%
Income Tax $10.79M -$5.900M -$21.10M
% Of Pretax Income 18.07%
Net Earnings $48.90M -$37.96M -$13.34M
YoY Change -646.6% 184.61% -117.57%
Net Earnings / Revenue 29.53% -28.34% -18.39%
Basic Earnings Per Share -$0.27
Diluted Earnings Per Share $343.4K -$266.8K -$93.93K
COMMON SHARES
Basic Shares Outstanding 142.4M 142.4M 141.7M
Diluted Shares Outstanding 142.3M

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $245.8M $257.6M $56.50M
YoY Change 462.47% 355.9% 35.49%
Cash & Equivalents $245.8M $257.6M $56.53M
Short-Term Investments
Other Short-Term Assets $57.00K $223.0K $494.0K
YoY Change -3.39% -54.86% -82.23%
Inventory
Prepaid Expenses
Receivables $54.92M $38.33M $21.41M
Other Receivables $0.00 $20.00K $0.00
Total Short-Term Assets $358.3M $382.6M $111.9M
YoY Change 234.11% 241.88% -44.32%
LONG-TERM ASSETS
Property, Plant & Equipment $665.3M $653.9M $694.3M
YoY Change -3.15% -5.81% -3.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.533M $3.034M $3.200M
YoY Change -6.19% -5.19% 10.34%
Other Assets $51.17M $63.78M $25.64M
YoY Change 127.73% 148.76% -21.99%
Total Long-Term Assets $834.9M $860.8M $837.6M
YoY Change 0.19% 2.77% 1.39%
TOTAL ASSETS
Total Short-Term Assets $358.3M $382.6M $111.9M
Total Long-Term Assets $834.9M $860.8M $837.6M
Total Assets $1.193B $1.243B $949.5M
YoY Change 26.86% 30.95% -7.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $67.41M $78.78M $36.79M
YoY Change 63.2% 114.14% -65.27%
Accrued Expenses $106.1M $196.5M $44.46M
YoY Change 255.22% 341.94% 19.34%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $42.96M $46.20M
YoY Change
Total Short-Term Liabilities $324.4M $379.8M $128.7M
YoY Change 182.07% 194.99% -43.61%
LONG-TERM LIABILITIES
Long-Term Debt $687.9M $696.2M $624.7M
YoY Change 10.02% 11.43% -13.1%
Other Long-Term Liabilities $55.39M $83.81M $33.26M
YoY Change 68.16% 151.97% 104.48%
Total Long-Term Liabilities $743.3M $780.0M $658.0M
YoY Change 12.93% 18.54% -10.5%
TOTAL LIABILITIES
Total Short-Term Liabilities $324.4M $379.8M $128.7M
Total Long-Term Liabilities $743.3M $780.0M $658.0M
Total Liabilities $1.068B $1.160B $786.8M
YoY Change 38.08% 47.41% -18.35%
SHAREHOLDERS EQUITY
Retained Earnings -$775.9M -$824.8M -$725.5M
YoY Change 5.65% 13.69% -7.2%
Common Stock $552.9M $552.1M $550.2M
YoY Change 0.47% 0.35% 0.38%
Preferred Stock
YoY Change
Treasury Stock (at cost) $24.17M $24.17M $24.17M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares $2.869M $2.869M $2.869M
Shareholders Equity -$247.2M -$296.9M -$199.5M
YoY Change
Total Liabilities & Shareholders Equity $1.193B $1.243B $949.5M
YoY Change 26.86% 30.95% -7.55%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $48.90M -$37.96M -$13.34M
YoY Change -646.6% 184.61% -117.57%
Depreciation, Depletion And Amortization $29.57M $26.29M $25.13M
YoY Change 11.16% 4.63% -35.31%
Cash From Operating Activities $22.38M $65.10M $21.20M
YoY Change -460.92% 207.06% -73.6%
INVESTING ACTIVITIES
Capital Expenditures -$16.70M -$10.17M -$1.200M
YoY Change -181.06% 747.42% -99.36%
Acquisitions
YoY Change
Other Investing Activities $1.660M $6.695M
YoY Change -106.26%
Cash From Investing Activities -$15.04M -$3.474M -$1.200M
YoY Change 154.88% 189.5% -99.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -14.71M -13.19M 0.000
YoY Change 2001.0% -100.0%
NET CHANGE
Cash From Operating Activities 22.38M 65.10M 21.20M
Cash From Investing Activities -15.04M -3.474M -1.200M
Cash From Financing Activities -14.71M -13.19M 0.000
Net Change In Cash -7.368M 48.44M 20.00M
YoY Change -42.44% 142.18% -183.68%
FREE CASH FLOW
Cash From Operating Activities $22.38M $65.10M $21.20M
Capital Expenditures -$16.70M -$10.17M -$1.200M
Free Cash Flow $39.08M $75.27M $22.40M
YoY Change -245.8% 236.01% -91.65%

Facts In Submission

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IncreaseDecreaseInIncomeTaxes
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AssetRetirementObligationCashPaidToSettle
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us-gaap Asset Retirement Obligation Cash Paid To Settle
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wti Increase Decrease In Cash Advances From Joint Venture Partners
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9999000
wti Increase Decrease In Cash Advances From Joint Venture Partners
IncreaseDecreaseInCashAdvancesFromJointVenturePartners
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-24539000
us-gaap Net Cash Provided By Used In Operating Activities
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PaymentsForProceedsFromOtherInvestingActivities
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PaymentsForProceedsFromOtherInvestingActivities
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us-gaap Payments To Acquire Oil And Gas Property And Equipment
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0
us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
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wti Purchases Of Furniture Fixtures And Other
PurchasesOfFurnitureFixturesAndOther
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wti Purchases Of Furniture Fixtures And Other
PurchasesOfFurnitureFixturesAndOther
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us-gaap Net Cash Provided By Used In Investing Activities
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-12406000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Long Term Lines Of Credit
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us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
50000000
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
23930000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
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us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
114973000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-48930000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
213858000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
56532000
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:17.85pt;margin:0pt 0pt 12pt 0pt;"><span style="font-style:italic;font-weight:bold;">Use of Estimates. </span>The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</p>
us-gaap Financing Receivable Allowance For Credit Losses Policy For Uncollectible Amounts
FinancingReceivableAllowanceForCreditLossesPolicyForUncollectibleAmounts
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:18pt;margin:0pt 0pt 12pt 0pt;"><span style="font-style:italic;font-weight:bold;">Credit Risk and Allowance for Credit Losses. </span>Our revenue is concentrated in certain major oil and gas companies. For the nine months ended September 30, 2021, and the year ended December 31, 2020, approximately 61% and 62%, respectively, of our revenue was from three major oil and gas companies and a substantial majority of our receivables were from sales with major oil and gas companies. We also have receivables related to joint interest arrangements primarily with mid-size oil and gas companies with a substantial majority of the net receivable balance concentrated in less than ten companies. A loss methodology is used to develop the allowance for credit losses on material receivables to estimate the net amount to be collected. The loss methodology uses historical data, current market conditions and forecasts of future economic conditions. Our maximum exposure at any time would be the receivable balance. The receivables related to joint interest billings are reported on the Condensed Consolidated Balance Sheets net of the allowance for credit losses. The allowance for credit losses was $9.2 million as of September 30, 2021 and $9.1 million December 31, 2020.</p>
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
9200000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2021Q3 us-gaap Derivative Assets Current
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CY2020Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
2752000
CY2021Q3 wti Unamortized Bond Insurance Premiums
UnamortizedBondInsurancePremiums
6969000
CY2020Q4 wti Unamortized Bond Insurance Premiums
UnamortizedBondInsurancePremiums
4717000
CY2021Q3 us-gaap Prepaid Royalties
PrepaidRoyalties
6254000
CY2020Q4 us-gaap Prepaid Royalties
PrepaidRoyalties
4473000
CY2021Q3 us-gaap Supplies
Supplies
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CY2020Q4 us-gaap Supplies
Supplies
1429000
CY2021Q3 wti Prepayments To Joint Interest Partners
PrepaymentsToJointInterestPartners
3604000
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PrepaymentsToJointInterestPartners
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CY2021Q3 us-gaap Other Assets Current
OtherAssetsCurrent
223000
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
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CY2021Q3 us-gaap Prepaid Expense And Other Assets Current
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CY2021Q3 us-gaap Oil And Gas Property Full Cost Method Gross
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8601081000
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8567509000
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FurnitureAndFixturesGross
20844000
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FurnitureAndFixturesGross
20847000
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PropertyPlantAndEquipmentGross
8621925000
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PropertyPlantAndEquipmentGross
8588356000
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7967989000
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OtherLongTermInvestments
2699000
CY2021Q3 wti Unamortized Brokerage Fee
UnamortizedBrokerageFee
0
CY2020Q4 wti Unamortized Brokerage Fee
UnamortizedBrokerageFee
626000
CY2021Q3 wti Proportional Consolidation Adjustment In Other Asset
ProportionalConsolidationAdjustmentInOtherAsset
2992000
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ProportionalConsolidationAdjustmentInOtherAsset
1782000
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44920000
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2762000
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653936000
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PropertyPlantAndEquipmentNet
686878000
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10689000
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OperatingLeaseRightOfUseAsset
11509000
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1075000
CY2021Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1066000
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
998000
CY2021Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
63776000
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
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196486000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
29880000
CY2020Q2 wti Proceeds From Paycheck Protection Program Under Cares Act
ProceedsFromPaycheckProtectionProgramUnderCaresAct
8400000
CY2021Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
83814000
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
32938000
CY2021Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
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CY2021Q3 us-gaap Long Term Debt
LongTermDebt
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CY2021Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
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CY2020Q4 us-gaap Long Term Debt
LongTermDebt
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CY2020Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
473352000
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-13339000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-90382000
wti Increase Decrease In Working Capital
IncreaseDecreaseInWorkingCapital
3200000
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
392704000
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
19744000
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
17368000
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
417000
us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
17129000
CY2021Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
407874000
CY2021Q3 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
27545000
CY2021Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
380329000
CY2021Q3 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-30026000
CY2020Q3 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
1951000
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-53627000
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
33921000
CY2021Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-43111000
CY2020Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-13112000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-125529000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
1416000
CY2021Q3 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-73137000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46188000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
142231000
CY2020Q3 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-11161000
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-179156000
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
35337000
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-179156000
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
35337000
wti Proceeds From Payments For Derivative Instrument Operating Activities
ProceedsFromPaymentsForDerivativeInstrumentOperatingActivities
-39554000
wti Proceeds From Payments For Derivative Instrument Operating Activities
ProceedsFromPaymentsForDerivativeInstrumentOperatingActivities
42028000
wti Derivative Cash Premium Payments
DerivativeCashPremiumPayments
-32368000
CY2021Q3 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
2
CY2021Q3 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
2
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
10347591
us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1
CY2021Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
142297000
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
141624000
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
858000
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1075000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1779000
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3142000
CY2021Q3 wti Incentive Compensation Total
IncentiveCompensationTotal
4786000
CY2020Q3 wti Incentive Compensation Total
IncentiveCompensationTotal
1229000
wti Incentive Compensation Total
IncentiveCompensationTotal
12720000
wti Incentive Compensation Total
IncentiveCompensationTotal
7935000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5900000
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-21100000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-18800000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-23300000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
141589000
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.135
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.173
CY2021Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
24100000
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
22400000
CY2021Q3 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
0
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
1900000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-37964000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-13339000
us-gaap Net Income Loss
NetIncomeLoss
-90382000
us-gaap Net Income Loss
NetIncomeLoss
46737000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
0
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
549000
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-37964000
CY2021Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.27
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.09
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.64
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.33
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1514000
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1677000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1106000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2010Q4 wti Additional Royalty Due To Disallowed Deductions
AdditionalRoyaltyDueToDisallowedDeductions
4700000
CY2017Q3 wti Bonds Posted To Appeal Ibla Decision
BondsPostedToAppealIBLADecision
7200000
CY2017Q3 wti Collateral For Bonds Posted Related To Appeal With Ibla
CollateralForBondsPostedRelatedToAppealWithIBLA
6900000
CY2021Q3 wti Collateral For Bonds Posted Related To Appeal With Ibla
CollateralForBondsPostedRelatedToAppealWithIBLA
8200000

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