2024 Q3 Form 10-Q Financial Statement
#000155837024011203 Filed on August 07, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $121.4M | $142.8M |
YoY Change | -14.77% | 13.14% |
Cost Of Revenue | $72.41M | $73.99M |
YoY Change | 17.12% | 12.07% |
Gross Profit | $48.96M | $68.77M |
YoY Change | -39.24% | 14.31% |
Gross Profit Margin | 40.34% | 48.17% |
Selling, General & Admin | $25.87M | $29.93M |
YoY Change | -3.0% | 23.71% |
% of Gross Profit | 52.84% | 43.52% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $34.21M | $36.67M |
YoY Change | 13.2% | 2.17% |
% of Gross Profit | 69.87% | 53.33% |
Operating Expenses | $67.92M | $75.01M |
YoY Change | 7.3% | 24.82% |
Operating Profit | -$18.96M | -$6.236M |
YoY Change | -209.73% | -8883.1% |
Interest Expense | -$9.992M | -$10.16M |
YoY Change | -200.68% | 7.06% |
% of Operating Profit | ||
Other Income/Expense, Net | -$15.71M | -$1.250M |
YoY Change | 715.2% | -501.93% |
Pretax Income | -$41.47M | -$20.02M |
YoY Change | -699.05% | 119.75% |
Income Tax | -$4.545M | -$4.636M |
% Of Pretax Income | ||
Net Earnings | -$36.92M | -$15.39M |
YoY Change | -1821.26% | 27.08% |
Net Earnings / Revenue | -30.42% | -10.78% |
Basic Earnings Per Share | -$0.25 | -$0.10 |
Diluted Earnings Per Share | -$0.25 | -$0.10 |
COMMON SHARES | ||
Basic Shares Outstanding | 147.2M | 146.9M |
Diluted Shares Outstanding | 147.2M | 146.9M |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $126.5M | $123.4M |
YoY Change | -15.07% | -28.11% |
Cash & Equivalents | $126.5M | $123.4M |
Short-Term Investments | ||
Other Short-Term Assets | $609.0K | $874.0K |
YoY Change | 661.25% | -96.61% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $52.03M | $71.55M |
Other Receivables | $557.0K | $2.223M |
Total Short-Term Assets | $226.4M | $247.9M |
YoY Change | -8.97% | -2.61% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $798.7M | $802.4M |
YoY Change | 3.53% | 7.21% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $32.62M | $33.40M |
YoY Change | -19.22% | -65.38% |
Total Long-Term Assets | $900.9M | $900.6M |
YoY Change | 2.76% | 6.25% |
TOTAL ASSETS | ||
Total Short-Term Assets | $226.4M | $247.9M |
Total Long-Term Assets | $900.9M | $900.6M |
Total Assets | $1.127B | $1.149B |
YoY Change | 0.17% | 4.21% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $86.87M | $89.13M |
YoY Change | 8.03% | 32.45% |
Accrued Expenses | $21.63M | $29.00M |
YoY Change | -36.88% | 39.79% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $20.97M | $14.93M |
YoY Change | -30.14% | -51.15% |
Total Short-Term Liabilities | $231.6M | $234.4M |
YoY Change | 7.37% | 12.03% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $371.6M | $377.0M |
YoY Change | 1.21% | 1.06% |
Other Long-Term Liabilities | $16.67M | $16.67M |
YoY Change | -43.41% | -96.63% |
Total Long-Term Liabilities | $388.3M | $393.6M |
YoY Change | -2.1% | -54.66% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $231.6M | $234.4M |
Total Long-Term Liabilities | $388.3M | $393.6M |
Total Liabilities | $619.8M | $628.0M |
YoY Change | 1.23% | -41.71% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$598.9M | -$560.5M |
YoY Change | 13.28% | 5.58% |
Common Stock | $591.6M | $589.7M |
YoY Change | 1.49% | 1.7% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$31.51M | $5.005M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.127B | $1.149B |
YoY Change | 0.17% | 4.21% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$36.92M | -$15.39M |
YoY Change | -1821.26% | 27.08% |
Depreciation, Depletion And Amortization | $34.21M | $36.67M |
YoY Change | 13.2% | 2.17% |
Cash From Operating Activities | $14.77M | $37.45M |
YoY Change | -50.82% | 42.94% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $9.646M | $6.769M |
YoY Change | -75.69% | -72.57% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | -$9.646M | -$6.769M |
YoY Change | -78.52% | -68.11% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -1.953M | -2.124M |
YoY Change | -74.8% | -80.21% |
NET CHANGE | ||
Cash From Operating Activities | 14.77M | 37.45M |
Cash From Investing Activities | -9.646M | -6.769M |
Cash From Financing Activities | -1.953M | -2.124M |
Net Change In Cash | 3.169M | 28.55M |
YoY Change | -114.0% | -595.54% |
FREE CASH FLOW | ||
Cash From Operating Activities | $14.77M | $37.45M |
Capital Expenditures | $9.646M | $6.769M |
Free Cash Flow | $5.122M | $30.68M |
YoY Change | -153.04% | 1918.22% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001288403 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
CY2024Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
CY2023Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-06-30 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
1-32414 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
W&T OFFSHORE, INC. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
TX | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
72-1121985 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
5718 Westheimer Road, Suite 700 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Houston | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
TX | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
77057-5745 | ||
dei |
City Area Code
CityAreaCode
|
713 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
626-8525 | ||
dei |
Security12b Title
Security12bTitle
|
Common Stock, par value $0.00001 | ||
dei |
Trading Symbol
TradingSymbol
|
WTI | ||
dei |
Security Exchange Name
SecurityExchangeName
|
NYSE | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
false | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2024Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
147182248 | |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
123375000 | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
173338000 | |
CY2024Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
4417000 | |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
4417000 | |
CY2024Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
71547000 | |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
52080000 | |
CY2024Q2 | wti |
Oil And Gas Joint Interest Billing Receivables Allowance For Credit Losses Current
OilAndGasJointInterestBillingReceivablesAllowanceForCreditLossesCurrent
|
11358000 | |
CY2023Q4 | wti |
Oil And Gas Joint Interest Billing Receivables Allowance For Credit Losses Current
OilAndGasJointInterestBillingReceivablesAllowanceForCreditLossesCurrent
|
11130000 | |
CY2024Q2 | us-gaap |
Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
|
20478000 | |
CY2023Q4 | us-gaap |
Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
|
15480000 | |
CY2024Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
2223000 | |
CY2023Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
2218000 | |
CY2024Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
25890000 | |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
17447000 | |
CY2024Q2 | us-gaap |
Assets Current
AssetsCurrent
|
247930000 | |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
264980000 | |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
8284392000 | |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
8213781000 | |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
802401000 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
749056000 | |
CY2024Q2 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
22479000 | |
CY2023Q4 | us-gaap |
Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
|
22272000 | |
CY2024Q2 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
42365000 | |
CY2023Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
38774000 | |
CY2024Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
33396000 | |
CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
38923000 | |
CY2024Q2 | us-gaap |
Assets
Assets
|
1148571000 | |
CY2023Q4 | us-gaap |
Assets
Assets
|
1114005000 | |
CY2024Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
89129000 | |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
78857000 | |
CY2024Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
29004000 | |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
31978000 | |
CY2024Q2 | us-gaap |
Oil And Gas Sales Payable Current
OilAndGasSalesPayableCurrent
|
63150000 | |
CY2023Q4 | us-gaap |
Oil And Gas Sales Payable Current
OilAndGasSalesPayableCurrent
|
42134000 | |
CY2024Q2 | wti |
Advances From Joint Interest Partners Current
AdvancesFromJointInterestPartnersCurrent
|
2565000 | |
CY2023Q4 | wti |
Advances From Joint Interest Partners Current
AdvancesFromJointInterestPartnersCurrent
|
2962000 | |
CY2024Q2 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
35627000 | |
CY2023Q4 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
31553000 | |
CY2024Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
14925000 | |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
29368000 | |
CY2024Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
234400000 | |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
216852000 | |
CY2024Q2 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
498848000 | |
CY2023Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
467262000 | |
CY2024Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
376979000 | |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
361236000 | |
CY2024Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
16668000 | |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
19420000 | |
CY2024Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
16671000 | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
18043000 | |
CY2024Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2024Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | |
CY2024Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2024Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
400000000 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
400000000 | |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
150032000 | |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
147163000 | |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
149450000 | |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
146581000 | |
CY2024Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
2000 | |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1000 | |
CY2024Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
589678000 | |
CY2023Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
586014000 | |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-560508000 | |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-530656000 | |
CY2024Q2 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
2869000 | |
CY2023Q4 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
2869000 | |
CY2024Q2 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
24167000 | |
CY2023Q4 | us-gaap |
Treasury Stock Common Value
TreasuryStockCommonValue
|
24167000 | |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5005000 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31192000 | |
CY2024Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1148571000 | |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1114005000 | |
CY2024Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
142757000 | |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
126181000 | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
283544000 | ||
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
257906000 | ||
CY2024Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
73987000 | |
CY2023Q2 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
66021000 | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
144817000 | ||
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
131207000 | ||
CY2024Q2 | us-gaap |
Results Of Operations Transportation Costs
ResultsOfOperationsTransportationCosts
|
8578000 | |
CY2023Q2 | us-gaap |
Results Of Operations Transportation Costs
ResultsOfOperationsTransportationCosts
|
6802000 | |
us-gaap |
Results Of Operations Transportation Costs
ResultsOfOperationsTransportationCosts
|
16118000 | ||
us-gaap |
Results Of Operations Transportation Costs
ResultsOfOperationsTransportationCosts
|
12938000 | ||
CY2024Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
36674000 | |
CY2023Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
28177000 | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
70611000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
50801000 | ||
CY2024Q2 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
8400000 | |
CY2023Q2 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
7717000 | |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
16369000 | ||
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
15227000 | ||
CY2024Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
21354000 | |
CY2023Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
17393000 | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
41869000 | ||
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
37312000 | ||
CY2024Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
148993000 | |
CY2023Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
126110000 | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
289784000 | ||
us-gaap |
Costs And Expenses
CostsAndExpenses
|
247485000 | ||
CY2024Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6236000 | |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
71000 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6240000 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
10421000 | ||
CY2024Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-10164000 | |
CY2023Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-10323000 | |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-20236000 | ||
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-25036000 | ||
CY2024Q2 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
-2374000 | |
CY2023Q2 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
829000 | |
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
2503000 | ||
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
40069000 | ||
CY2024Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1250000 | |
CY2023Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
311000 | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-6480000 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
78000 | ||
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-20024000 | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-9112000 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-30453000 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
25532000 | ||
CY2024Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-4636000 | |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2997000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-3591000 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
11636000 | ||
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15388000 | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-12109000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-26862000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
13896000 | ||
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.10 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.18 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.09 | ||
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.10 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.08 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.18 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.09 | ||
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
146943000 | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
146452000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
146900000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
146435000 | ||
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
146943000 | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
146452000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
146900000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
149045000 | ||
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20760000 | |
CY2024Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
1483000 | |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
1386000 | |
CY2024Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1000 | |
CY2024Q2 | wti |
Adjustments To Additional Paid In Capital Shares Withheld Related To Net Settlement Of Equity Awards
AdjustmentsToAdditionalPaidInCapitalSharesWithheldRelatedToNetSettlementOfEquityAwards
|
271000 | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15388000 | |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5005000 | |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34838000 | |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
2087000 | |
CY2023Q2 | wti |
Adjustments To Additional Paid In Capital Shares Withheld Related To Net Settlement Of Equity Awards
AdjustmentsToAdditionalPaidInCapitalSharesWithheldRelatedToNetSettlementOfEquityAwards
|
25000 | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-12109000 | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
24791000 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
31192000 | |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
2990000 | ||
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4418000 | ||
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1000 | ||
wti |
Adjustments To Additional Paid In Capital Shares Withheld Related To Net Settlement Of Equity Awards
AdjustmentsToAdditionalPaidInCapitalSharesWithheldRelatedToNetSettlementOfEquityAwards
|
754000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-26862000 | ||
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5005000 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7634000 | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
4009000 | ||
wti |
Adjustments To Additional Paid In Capital Shares Withheld Related To Net Settlement Of Equity Awards
AdjustmentsToAdditionalPaidInCapitalSharesWithheldRelatedToNetSettlementOfEquityAwards
|
748000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
13896000 | ||
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
24791000 | |
us-gaap |
Profit Loss
ProfitLoss
|
-26862000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
13896000 | ||
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
86980000 | ||
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
66028000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4418000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4009000 | ||
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2336000 | ||
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
4363000 | ||
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
2503000 | ||
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
40069000 | ||
wti |
Proceeds From Payments For Derivative Instrument Operating Activities
ProceedsFromPaymentsForDerivativeInstrumentOperatingActivities
|
4957000 | ||
wti |
Proceeds From Payments For Derivative Instrument Operating Activities
ProceedsFromPaymentsForDerivativeInstrumentOperatingActivities
|
-4427000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-3591000 | ||
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
11580000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
24470000 | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-24929000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5744000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-26992000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
25564000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-45828000 | ||
us-gaap |
Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
|
11997000 | ||
us-gaap |
Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
|
11841000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
49088000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
49632000 | ||
wti |
Investment In Oil And Natural Gas Properties And Equipment
InvestmentInOilAndNaturalGasPropertiesAndEquipment
|
-13656000 | ||
wti |
Investment In Oil And Natural Gas Properties And Equipment
InvestmentInOilAndNaturalGasPropertiesAndEquipment
|
-25337000 | ||
us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
80635000 | ||
wti |
Payments To Purchase Corporate Aircraft
PaymentsToPurchaseCorporateAircraft
|
8983000 | ||
wti |
Purchases Of Furniture Fixtures And Other
PurchasesOfFurnitureFixturesAndOther
|
97000 | ||
wti |
Purchases Of Furniture Fixtures And Other
PurchasesOfFurnitureFixturesAndOther
|
218000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-94388000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-34538000 | ||
us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
275000000 | ||
us-gaap |
Repayments Of Senior Debt
RepaymentsOfSeniorDebt
|
552460000 | ||
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
19181000 | ||
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
550000 | ||
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
183000 | ||
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
405000 | ||
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
7252000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
2954000 | ||
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-754000 | ||
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-748000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-4663000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-304824000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-49963000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-289730000 | ||
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
177755000 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
465774000 | |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
127792000 | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
176044000 | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | ||
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 10pt 0pt;"><b style="font-style:normal;font-weight:bold;">Use of Estimates</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-weight:bold;text-indent:18pt;margin:0pt 0pt 10pt 0pt;"><span style="font-weight:normal;">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.</span> </p> | ||
CY2024Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
391904000 | |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
390604000 | |
CY2024Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
14925000 | |
CY2023Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
29368000 | |
CY2024Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
376979000 | |
CY2023Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
361236000 | |
CY2024Q2 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
364000 | |
CY2023Q2 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
-300000 | |
us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
4119000 | ||
us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
-530000 | ||
CY2024Q2 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-2738000 | |
CY2023Q2 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
1129000 | |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-1616000 | ||
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
40599000 | ||
CY2024Q2 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
-2374000 | |
CY2023Q2 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
829000 | |
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
2503000 | ||
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
40069000 | ||
CY2024Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
391904000 | |
CY2024Q2 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
401070000 | |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
390604000 | |
CY2023Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
402066000 | |
CY2023Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
498815000 | |
CY2022Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
466430000 | |
us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
11997000 | ||
us-gaap |
Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
|
11841000 | ||
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
16369000 | ||
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
15227000 | ||
wti |
Asset Retirement Obligation Liabilities Acquired
AssetRetirementObligationLiabilitiesAcquired
|
17647000 | ||
us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
113000 | ||
us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
13641000 | ||
us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
10903000 | ||
CY2024Q2 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
534475000 | |
CY2023Q2 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
480832000 | |
CY2024Q2 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
35627000 | |
CY2023Q2 | us-gaap |
Asset Retirement Obligation Current
AssetRetirementObligationCurrent
|
37763000 | |
CY2024Q2 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
498848000 | |
CY2023Q2 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
443069000 | |
CY2010Q4 | wti |
Additional Royalty Due To Disallowed Deductions
AdditionalRoyaltyDueToDisallowedDeductions
|
4700000 | |
CY2024Q2 | us-gaap |
Accrued Royalties Current And Noncurrent
AccruedRoyaltiesCurrentAndNoncurrent
|
5000000.0 | |
CY2024Q2 | wti |
Additional Royalty Due To Disallowed Deductions
AdditionalRoyaltyDueToDisallowedDeductions
|
4700000 | |
CY2024Q2 | wti |
Accrued Royalties Estimated Penalties
AccruedRoyaltiesEstimatedPenalties
|
300000 | |
wti |
Decommissioning Obligation Expense
DecommissioningObligationExpense
|
8400000 | ||
wti |
Loss Contingency Decommissioning Obligation Expense
LossContingencyDecommissioningObligationExpense
|
7000000.0 | ||
CY2024Q2 | wti |
Loss Contingency Estimate Of Possible Loss Of Decommissioning Obligations
LossContingencyEstimateOfPossibleLossOfDecommissioningObligations
|
16700000 | |
CY2024Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.231 | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.118 | ||
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.456 | ||
CY2024Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
27100000 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
23200000 | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15388000 | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-12109000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-26862000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
13896000 | ||
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
146943000 | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
146452000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
146900000 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
146435000 | ||
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
2610000 | ||
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
146943000 | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
146452000 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
146900000 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
149045000 | ||
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.10 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.18 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.09 | ||
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.10 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.08 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.18 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.09 | ||
CY2024Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1724000 | |
CY2023Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2909000 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1724000 | ||
CY2024Q2 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
1961000 | |
CY2023Q4 | us-gaap |
Derivative Assets Current
DerivativeAssetsCurrent
|
1180000 | |
CY2024Q2 | wti |
Unamortized Bond Insurance Premiums
UnamortizedBondInsurancePremiums
|
12205000 | |
CY2023Q4 | wti |
Unamortized Bond Insurance Premiums
UnamortizedBondInsurancePremiums
|
6631000 | |
CY2024Q2 | us-gaap |
Prepaid Royalties
PrepaidRoyalties
|
8562000 | |
CY2023Q4 | us-gaap |
Prepaid Royalties
PrepaidRoyalties
|
7872000 | |
CY2024Q2 | us-gaap |
Supplies
Supplies
|
2288000 | |
CY2023Q4 | us-gaap |
Supplies
Supplies
|
1492000 | |
CY2024Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
874000 | |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
272000 | |
CY2024Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
25890000 | |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
17447000 | |
CY2024Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
13479000 | |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
13479000 | |
CY2024Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
3258000 | |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
9473000 | |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1484000 | |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1455000 | |
CY2024Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
8945000 | |
CY2023Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
6267000 | |
CY2024Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1838000 | |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
1304000 | |
CY2024Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
29004000 | |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
31978000 | |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
123375000 | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
173338000 | |
CY2024Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
4417000 | |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
4417000 | |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
127792000 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
177755000 | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
5440000 | ||
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
4297000 | ||
wti |
Dividends Declared But Not Paid On Unvested Share Based Awards
DividendsDeclaredButNotPaidOnUnvestedShareBasedAwards
|
36000 | ||
us-gaap |
Asset Retirement Obligation Period Increase Decrease
AssetRetirementObligationPeriodIncreaseDecrease
|
31288000 | ||
us-gaap |
Asset Retirement Obligation Period Increase Decrease
AssetRetirementObligationPeriodIncreaseDecrease
|
11016000 | ||
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |