W&T Offshore
WTI
Operating Margin for W&T Offshore (WTI)
Operating Margin as of March 2023 (TTM): 32.80%
According to W&T Offshore's latest financial reports and stock price the company's current Operating Margin is 32.80%. At the end of 2021 the company had an Operating Margin of -8.88%.
Operating Margin history for W&T Offshore from 2003 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -8.88% | -502.92% |
| 2020 | 2.20% | -1163.61% |
| 2019 | -0.21% | -100.48% |
| 2018 | 42.94% | 211.66% |
| 2017 | 13.78% | -118.85% |
| 2016 | -73.10% | -70.28% |
| 2015 | -245.97% | 14375.83% |
| 2014 | -1.70% | -120.88% |
| 2013 | 8.14% | -40.45% |
| 2012 | 13.67% | -49.79% |
| 2011 | 27.22% | 48.02% |
| 2010 | 18.39% | -142.88% |
| 2009 | -42.89% | -37.07% |
| 2008 | -68.15% | -451.81% |
| 2007 | 19.37% | -49.38% |
| 2006 | 38.27% | -22.79% |
| 2005 | 49.57% | 9.87% |
| 2004 | 45.11% | 7.34% |
| 2003 | 42.03% | 47.66% |
| 2002 | 28.46% | -24.07% |
| 2001 | 37.48% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 SandRidge Energy
SD | 68.79% | 109.73% | 🇺🇸 USA |
 Contango Oil & Gas Company MCF | -27.55% | -183.99% | 🇺🇸 USA |
 Callon Petroleum CPE | 38.17% | 16.37% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.