NYSE:WTI W&T Offshore (WTI) Stock Price, News & Analysis → The new masters of energy (From Porter & Company) (Ad) Free WTI Stock Alerts $2.11 -0.01 (-0.47%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$2.08▼$2.1350-Day Range$2.11▼$2.7752-Week Range$2.08▼$4.51Volume1.31 million shsAverage Volume1.77 million shsMarket Capitalization$309.87 millionP/E RatioN/ADividend Yield1.90%Price Target$7.80 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get W&T Offshore alerts: Email Address W&T Offshore MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside269.7% Upside$7.80 Price TargetShort InterestBearish21.15% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.12) to ($0.34) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.88 out of 5 starsOils/Energy Sector202nd out of 232 stocksCrude Petroleum & Natural Gas Industry66th out of 72 stocks 3.5 Analyst's Opinion Consensus RatingW&T Offshore has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageW&T Offshore has only been the subject of 1 research reports in the past 90 days.Read more about W&T Offshore's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted21.15% of the float of W&T Offshore has been sold short.Short Interest Ratio / Days to CoverW&T Offshore has a short interest ratio ("days to cover") of 8.3.Change versus previous monthShort interest in W&T Offshore has recently increased by 4.45%, indicating that investor sentiment is decreasing. Previous Next 0.8 Dividend Strength Dividend YieldW&T Offshore pays a meaningful dividend of 1.89%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthW&T Offshore does not have a long track record of dividend growth.Read more about W&T Offshore's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WTI. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 8 people have searched for WTI on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added W&T Offshore to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, W&T Offshore insiders have not sold or bought any company stock.Percentage Held by Insiders33.50% of the stock of W&T Offshore is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions42.88% of the stock of W&T Offshore is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about W&T Offshore's insider trading history. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for W&T Offshore are expected to decrease in the coming year, from ($0.12) to ($0.34) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of W&T Offshore is -14.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of W&T Offshore is -14.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioW&T Offshore has a P/B Ratio of 10.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about W&T Offshore's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Banyan Hill PublishingA Wave of Creative Destruction Set to Strike June 30You have until June 30 … then all hell will begin to break loose… The White House and Goldman Sachs predict generative AI will soon replace up to 300 MILLION jobs — one in every four careers … worldwide.Click here for details. About W&T Offshore Stock (NYSE:WTI)W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil and condensate, natural gas liquids, and natural gas. W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas.Read More WTI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WTI Stock News HeadlinesMay 28, 2024 | oilprice.comTop German Utility to Build 1.6 GW Offshore Wind Farms in the North SeaMay 28, 2024 | bloomberg.comOil Tankers Float for Weeks Offshore UK in Sign of Weak DemandMay 14, 2024 | finance.yahoo.comQ1 2024 W&T Offshore Inc Earnings CallMay 14, 2024 | finance.yahoo.comW&T Offshore Inc (WTI) Q1 2024 Earnings Call Transcript Highlights: Surging Production and ...May 14, 2024 | gurufocus.comQ1 2024 W&T Offshore Inc Earnings Call TranscriptMay 12, 2024 | finance.yahoo.comW&T Offshore First Quarter 2024 Earnings: Misses ExpectationsMay 11, 2024 | finanznachrichten.deW&T Offshore, Inc.: W&T Offshore Announces First Quarter 2024 Results and Declares Dividend for Second Quarter of 2024May 10, 2024 | finance.yahoo.comW&T Offshore Inc (WTI) Q1 2024 Earnings: Performance and Strategic Acquisitions HighlightMay 10, 2024 | investorplace.comWTI Stock Earnings: W&T Offshore Meets EPS, Beats Revenue for Q1 2024May 10, 2024 | finance.yahoo.comW&T: Q1 Earnings SnapshotMay 10, 2024 | globenewswire.comW&T Offshore Announces First Quarter 2024 Results and Declares Dividend for Second Quarter of 2024April 30, 2024 | markets.businessinsider.comWTI Finds Support After Sell Off Suddenly HaltsApril 26, 2024 | benzinga.com(WTI) - Analyzing W&T Offshore's Short InterestApril 21, 2024 | finance.yahoo.comAn Intrinsic Calculation For W&T Offshore, Inc. (NYSE:WTI) Suggests It's 36% UndervaluedApril 18, 2024 | morningstar.comW&T Offshore IncApril 12, 2024 | investing.comW&T Offshore expands board, appoints new directorApril 11, 2024 | globenewswire.comW&T Announces Addition to its Board of DirectorsMarch 31, 2024 | finance.yahoo.comCan W&T Offshore, Inc. (NYSE:WTI) Maintain Its Strong Returns?March 26, 2024 | globenewswire.comW&T Announces Participation in Water Tower Research Fireside Chat on March 27, 2024March 18, 2024 | globenewswire.comW&T Offshore Announces Liquidity-Enhancing Modifications to the Non-Recourse Term Loan with Munich ReMarch 16, 2024 | finance.yahoo.comWTI Apr 2024 5.000 callMarch 16, 2024 | finance.yahoo.comWTI Apr 2024 2.500 putMarch 12, 2024 | benzinga.comThursday Is Your Last Chance To Buy W&T Offshore Before The Dividend PayoutMarch 11, 2024 | globenewswire.comW&T Offshore Announces Participation in 36th Annual Roth ConferenceMarch 10, 2024 | finance.yahoo.comW&T Offshore, Inc. (NYSE:WTI) Pays A US$0.01 Dividend In Just Four DaysSee More Headlines Receive WTI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for W&T Offshore and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/25 Dividend3/15/2024Dividend Payable3/25/2024Last Earnings5/10/2024Ex-Dividend for 5/31 Dividend5/23/2024Dividend Payable5/31/2024Today6/08/2024Next Earnings (Estimated)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production Current SymbolNYSE:WTI CUSIP92922P10 CIK1288403 Webwww.wtoffshore.com Phone(713) 626-8525Fax713-626-8527Employees395Year FoundedN/APrice Target and Rating Average Stock Price Target$7.80 High Stock Price Target$7.80 Low Stock Price Target$7.80 Potential Upside/Downside+269.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.15) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$15.60 million Net Margins-4.04% Pretax Margin-2.05% Return on Equity-100.74% Return on Assets-2.41% Debt Debt-to-Equity Ratio18.51 Current Ratio1.08 Quick Ratio1.08 Sales & Book Value Annual Sales$532.66 million Price / Sales0.58 Cash Flow$0.87 per share Price / Cash Flow2.43 Book Value$0.21 per share Price / Book10.05Miscellaneous Outstanding Shares146,860,000Free Float97,660,000Market Cap$309.87 million OptionableOptionable Beta1.44 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Tracy W. Krohn (Age 69)Founder, Chairman, CEO & President Comp: $5.31MMr. William J. Williford (Age 51)?Executive VP & COO Comp: $1.26MMr. Jonathan C. Curth (Age 41)Executive VP, General Counsel & Corporate Secretary Comp: $744.8kMr. Sameer Parasnis (Age 49)Executive VP & CFO Mr. Bart P. Hartman III (Age 48)VP & Chief Accounting Officer Mr. Alvin T. HaynesVice President and Chief Information OfficerMr. W. Allen TateSenior Vice President of MarketingMs. Kristen EcklundVice President of Human ResourcesMr. Todd E. Grabois (Age 64)VP & Treasurer Al PetrieInvestor Relations CoordinatorMore ExecutivesKey CompetitorsSilverBow ResourcesNYSE:SBOWVAALCO EnergyNYSE:EGYBerryNASDAQ:BRYSandRidge EnergyNYSE:SDPHX MineralsNYSE:PHXView All CompetitorsInstitutional OwnershipVirtu Financial LLCBought 72,235 shares on 5/20/2024Ownership: 0.049%Jacobs Levy Equity Management Inc.Bought 252,394 shares on 5/16/2024Ownership: 0.271%California State Teachers Retirement SystemSold 5,311 shares on 5/16/2024Ownership: 0.070%Bayesian Capital Management LPBought 21,100 shares on 5/16/2024Ownership: 0.014%Paloma Partners Management CoBought 13,714 shares on 5/16/2024Ownership: 0.009%View All Institutional Transactions WTI Stock Analysis - Frequently Asked Questions Should I buy or sell W&T Offshore stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WTI shares. View WTI analyst ratings or view top-rated stocks. What is W&T Offshore's stock price target for 2024? 1 brokerages have issued 1 year target prices for W&T Offshore's shares. Their WTI share price targets range from $7.80 to $7.80. On average, they anticipate the company's stock price to reach $7.80 in the next year. This suggests a possible upside of 269.7% from the stock's current price. View analysts price targets for WTI or view top-rated stocks among Wall Street analysts. How have WTI shares performed in 2024? W&T Offshore's stock was trading at $3.26 at the beginning of the year. Since then, WTI shares have decreased by 35.3% and is now trading at $2.11. View the best growth stocks for 2024 here. When is W&T Offshore's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024. View our WTI earnings forecast. How were W&T Offshore's earnings last quarter? W&T Offshore, Inc. (NYSE:WTI) posted its quarterly earnings results on Friday, May, 10th. The oil and gas company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.01. The oil and gas company earned $140.79 million during the quarter, compared to the consensus estimate of $138.96 million. W&T Offshore had a negative net margin of 4.04% and a negative trailing twelve-month return on equity of 100.74%. How often does W&T Offshore pay dividends? What is the dividend yield for W&T Offshore? W&T Offshore announced a quarterly dividend on Friday, May 10th. Investors of record on Friday, May 24th will be paid a dividend of $0.01 per share on Friday, May 31st. This represents a $0.04 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Thursday, May 23rd. Read our dividend analysis for WTI. Is W&T Offshore a good dividend stock? W&T Offshore (NYSE:WTI) pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.89%. Read our dividend analysis for WTI. What ETF holds W&T Offshore's stock? First Trust Natural Gas ETF holds 568,290 shares of WTI stock, representing 0.30% of its portfolio. What is Tracy W. Krohn's approval rating as W&T Offshore's CEO? 15 employees have rated W&T Offshore Chief Executive Officer Tracy W. Krohn on Glassdoor.com. Tracy W. Krohn has an approval rating of 55% among the company's employees. This puts Tracy W. Krohn in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 52.0% of employees surveyed would recommend working at W&T Offshore to a friend. What other stocks do shareholders of W&T Offshore own? Based on aggregate information from My MarketBeat watchlists, some companies that other W&T Offshore investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Pure Storage (PSTG), Overstock.com (OSTK), Riot Platforms (RIOT), Mastercard (MA), PayPal (PYPL), Enphase Energy (ENPH) and Livongo Health (LVGO). Who are W&T Offshore's major shareholders? W&T Offshore's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.96%), Huber Capital Management LLC (2.75%), Russell Investments Group Ltd. (0.77%), GSA Capital Partners LLP (0.42%), Jacobs Levy Equity Management Inc. (0.27%) and Quadrature Capital Ltd (0.16%). Insiders that own company stock include Shahid Ghauri and Virginia Boulet. View institutional ownership trends. How do I buy shares of W&T Offshore? Shares of WTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:WTI) was last updated on 6/8/2024 by MarketBeat.com Staff From Our PartnersWe’ve Made 1,000% … THREE Different Times in the Last Year (Here’s How)Bitcoin can and probably will hit the $1 MILLION level this decade. That’s more than 1,000% upside from the...Paradigm Press | SponsoredBreaking - The US Gov. Seized CITGODo you want an investment that can double or triple your money in the next three months? 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