2023 Q2 Form 10-Q Financial Statement

#000155837023008908 Filed on May 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $126.2M $131.7M
YoY Change -53.92% -31.04%
Cost Of Revenue $66.02M $65.19M
YoY Change 24.62% 50.16%
Gross Profit $60.16M $66.54M
YoY Change -72.76% -54.92%
Gross Profit Margin 47.68% 50.51%
Selling, General & Admin $24.20M $26.06M
YoY Change 0.19% 36.82%
% of Gross Profit 40.22% 39.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $35.89M $22.62M
YoY Change 29.68% -8.31%
% of Gross Profit 59.66% 34.0%
Operating Expenses $60.09M $56.19M
YoY Change 2.7% 12.48%
Operating Profit $71.00K $10.35M
YoY Change -99.96% -89.4%
Interest Expense -$9.494M $14.71M
YoY Change -152.21% -26.0%
% of Operating Profit -13371.83% 142.15%
Other Income/Expense, Net $311.0K -$233.0K
YoY Change -79.73% -74.25%
Pretax Income -$9.112M $34.64M
YoY Change -105.9% -1201.21%
Income Tax $2.997M $8.600M
% Of Pretax Income 24.82%
Net Earnings -$12.11M $26.01M
YoY Change -109.81% -1158.4%
Net Earnings / Revenue -9.6% 19.74%
Basic Earnings Per Share -$0.08 $0.18
Diluted Earnings Per Share -$0.08 $0.17
COMMON SHARES
Basic Shares Outstanding 146.5M 146.5M
Diluted Shares Outstanding 146.5M 148.7M

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $171.6M $177.4M
YoY Change -54.56% -17.68%
Cash & Equivalents $171.6M $177.4M
Short-Term Investments
Other Short-Term Assets $25.78M $26.00K
YoY Change 47644.44% -43.48%
Inventory
Prepaid Expenses
Receivables $55.22M $45.53M
Other Receivables $1.941M $0.00
Total Short-Term Assets $254.6M $266.9M
YoY Change -53.52% -37.9%
LONG-TERM ASSETS
Property, Plant & Equipment $748.5M $724.0M
YoY Change 0.95% -1.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.721M $2.565M
YoY Change -8.97% -6.39%
Other Assets $96.46M $44.90M
YoY Change 80.17% -29.18%
Total Long-Term Assets $847.7M $843.4M
YoY Change -4.98% -8.36%
TOTAL ASSETS
Total Short-Term Assets $254.6M $266.9M
Total Long-Term Assets $847.7M $843.4M
Total Assets $1.102B $1.110B
YoY Change -23.45% -17.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $67.29M $75.98M
YoY Change -16.95% 9.8%
Accrued Expenses $20.75M $26.22M
YoY Change -86.52% -87.51%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $30.55M $30.80M
YoY Change -17.87% -22.77%
Total Short-Term Liabilities $209.2M $182.3M
YoY Change -45.45% -57.24%
LONG-TERM LIABILITIES
Long-Term Debt $373.0M $372.5M
YoY Change -44.49% -45.26%
Other Long-Term Liabilities $495.1M $42.00M
YoY Change 425.27% -47.72%
Total Long-Term Liabilities $868.1M $414.5M
YoY Change 13.3% -45.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $209.2M $182.3M
Total Long-Term Liabilities $868.1M $414.5M
Total Liabilities $1.077B $596.8M
YoY Change -6.29% -49.73%
SHAREHOLDERS EQUITY
Retained Earnings -$530.9M -$518.8M
YoY Change -18.94% -33.35%
Common Stock $579.9M $577.8M
YoY Change 4.52% 4.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $24.79M $34.84M
YoY Change
Total Liabilities & Shareholders Equity $1.102B $1.110B
YoY Change -23.45% -17.76%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income -$12.11M $26.01M
YoY Change -109.81% -1158.4%
Depreciation, Depletion And Amortization $35.89M $22.62M
YoY Change 29.68% -8.31%
Cash From Operating Activities $26.20M $23.44M
YoY Change -87.54% -14.9%
INVESTING ACTIVITIES
Capital Expenditures $24.68M $7.523M
YoY Change -196.69% -115.81%
Acquisitions
YoY Change
Other Investing Activities $3.453M $5.791M
YoY Change -141.03% -320.19%
Cash From Investing Activities -$21.22M -$13.31M
YoY Change -37.46% -70.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.74M -294.1M
YoY Change -23.51% 2179.94%
NET CHANGE
Cash From Operating Activities 26.20M 23.44M
Cash From Investing Activities -21.22M -13.31M
Cash From Financing Activities -10.74M -294.1M
Net Change In Cash -5.762M -284.0M
YoY Change -103.55% 836.45%
FREE CASH FLOW
Cash From Operating Activities $26.20M $23.44M
Capital Expenditures $24.68M $7.523M
Free Cash Flow $1.520M $15.91M
YoY Change -99.36% -78.82%

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CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4396000
CY2022Q1 us-gaap Deferred Income Tax Expense Benefit
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IncreaseDecreaseInAccountsReceivable
-20621000
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
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37774000
CY2023Q1 wti Increase Decrease In Joint Interest Receivables
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CY2022Q1 wti Increase Decrease In Joint Interest Receivables
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CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
12183000
CY2023Q1 us-gaap Increase Decrease In Income Taxes
IncreaseDecreaseInIncomeTaxes
4243000
CY2022Q1 us-gaap Increase Decrease In Income Taxes
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CY2023Q1 us-gaap Asset Retirement Obligation Cash Paid To Settle
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CY2022Q1 us-gaap Asset Retirement Obligation Cash Paid To Settle
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5492000
CY2023Q1 wti Increase Decrease In Cash Advances From Joint Venture Partners
IncreaseDecreaseInCashAdvancesFromJointVenturePartners
-21000
CY2022Q1 wti Increase Decrease In Cash Advances From Joint Venture Partners
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CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023Q1 us-gaap Payments To Explore And Develop Oil And Gas Properties
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CY2022Q1 us-gaap Payments To Explore And Develop Oil And Gas Properties
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CY2023Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5791000
CY2022Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
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CY2022Q1 us-gaap Payments To Acquire Oil And Gas Property And Equipment
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CY2023Q1 us-gaap Payments To Acquire Furniture And Fixtures
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156000
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
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-13314000
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023Q1 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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275000000
CY2023Q1 us-gaap Repayments Of Senior Debt
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CY2023Q1 us-gaap Repayments Of Secured Debt
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CY2022Q1 us-gaap Repayments Of Secured Debt
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12630000
CY2023Q1 us-gaap Payments Of Debt Issuance Costs
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6354000
CY2023Q1 us-gaap Proceeds From Payments For Other Financing Activities
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-723000
CY2022Q1 us-gaap Proceeds From Payments For Other Financing Activities
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CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
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-294089000
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
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-12899000
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
219892000
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:17.85pt;margin:0pt 0pt 12pt 0pt;">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, the reported amounts of revenues and expenses during the reporting periods and the reported amounts of proved oil and natural gas reserves. Actual results could differ from those estimates.</p>
CY2023Q1 wti Oil And Gas Joint Interest Billing Receivables Allowance For Credit Loss Current
OilAndGasJointInterestBillingReceivablesAllowanceForCreditLossCurrent
11900000
CY2022Q4 wti Oil And Gas Joint Interest Billing Receivables Allowance For Credit Loss Current
OilAndGasJointInterestBillingReceivablesAllowanceForCreditLossCurrent
12100000
CY2023Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
14250000
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
46595000
CY2023Q1 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
3482000
CY2022Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
4954000
CY2023Q1 wti Unamortized Bond Insurance Premiums
UnamortizedBondInsurancePremiums
7168000
CY2022Q4 wti Unamortized Bond Insurance Premiums
UnamortizedBondInsurancePremiums
6046000
CY2023Q1 us-gaap Prepaid Royalties
PrepaidRoyalties
7622000
CY2022Q4 us-gaap Prepaid Royalties
PrepaidRoyalties
9139000
CY2023Q1 us-gaap Supplies
Supplies
1837000
CY2022Q4 us-gaap Supplies
Supplies
1767000
CY2023Q1 wti Prepayments To Joint Interest Partners
PrepaymentsToJointInterestPartners
1708000
CY2022Q4 wti Prepayments To Joint Interest Partners
PrepaymentsToJointInterestPartners
1717000
CY2023Q1 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
640000
CY2022Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
687000
CY2023Q1 us-gaap Other Assets Current
OtherAssetsCurrent
26000
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
33000
CY2023Q1 us-gaap Prepaid Expense And Other Assets Current
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22483000
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
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24343000
CY2023Q1 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1053000
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1358000
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
26215000
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
74041000
CY2023Q1 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
8824682000
CY2022Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
8813404000
CY2023Q1 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
21071000
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
20915000
CY2023Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8845753000
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
8834319000
CY2023Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8121728000
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8099104000
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
724025000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
735215000
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10279000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10364000
CY2023Q1 us-gaap Other Long Term Investments
OtherLongTermInvestments
2565000
CY2022Q4 us-gaap Other Long Term Investments
OtherLongTermInvestments
2453000
CY2023Q1 wti Proportional Consolidation Adjustment In Other Asset
ProportionalConsolidationAdjustmentInOtherAsset
11233000
CY2022Q4 wti Proportional Consolidation Adjustment In Other Asset
ProportionalConsolidationAdjustmentInOtherAsset
9321000
CY2023Q1 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
19433000
CY2022Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
23236000
CY2023Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1387000
CY2022Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2175000
CY2023Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
44897000
CY2022Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
47549000
CY2023Q1 us-gaap Interest Payable Current
InterestPayableCurrent
5750000
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
8967000
CY2023Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3421000
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
15097000
CY2023Q1 us-gaap Settlement Liabilities Current
SettlementLiabilitiesCurrent
105000
CY2023Q1 wti Dispute Related To Royalty Deductions Noncurrent
DisputeRelatedToRoyaltyDeductionsNoncurrent
5250000
CY2022Q4 wti Dispute Related To Royalty Deductions Noncurrent
DisputeRelatedToRoyaltyDeductionsNoncurrent
4937000
CY2023Q1 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
25563000
CY2022Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
43061000
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10553000
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10527000
CY2023Q1 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
632000
CY2022Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
609000
CY2023Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
41998000
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
59134000
CY2023Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
30801000
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
582249000
CY2023Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
372473000
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
111188000
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
403274000
CY2023Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
401979000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
693437000
CY2022Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
683958000
CY2023Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-230000
CY2022Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-43694000
CY2023Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
39470000
CY2022Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-36303000
CY2023Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
39240000
CY2022Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-79997000
CY2023Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
39240000
CY2022Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-79997000
CY2023Q1 wti Proceeds From Payments For Derivative Instrument Operating Activities
ProceedsFromPaymentsForDerivativeInstrumentOperatingActivities
-5328000
CY2022Q1 wti Proceeds From Payments For Derivative Instrument Operating Activities
ProceedsFromPaymentsForDerivativeInstrumentOperatingActivities
-30515000
CY2022Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
466430000
CY2023Q1 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
8642000
CY2023Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
7510000
CY2023Q1 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
110000
CY2023Q1 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
3798000
CY2023Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
469206000
CY2023Q1 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
9859000
CY2023Q1 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
459347000
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1922000
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
520000
CY2023Q1 wti Incentive Compensation Total
IncentiveCompensationTotal
9140000
CY2022Q1 wti Incentive Compensation Total
IncentiveCompensationTotal
2732000
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8600000
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.250
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-700000
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.219
CY2023Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
17900000
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15300000
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
26005000
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-2457000
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
146418000
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
142942000
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2308000
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
148726000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
142942000
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
717
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
CY2023Q1 wti Collateral For Bonds Posted Related To Appeal With Ibla
CollateralForBondsPostedRelatedToAppealWithIbla
8900000
CY2022 us-gaap Loss Contingency Loss In Period
LossContingencyLossInPeriod
20400000
CY2023Q1 wti Decommissioning Obligation Expense
DecommissioningObligationExpense
1200000
CY2023Q1 wti Loss Contingency Estimate Of Possible Loss Of Decommissioning Obligations
LossContingencyEstimateOfPossibleLossOfDecommissioningObligations
19200000

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