W&T Offshore Company Profile (NYSE:WTI)

About W&T Offshore

W&T Offshore logoW&T Offshore, Inc. is an independent oil and natural gas producer. The Company is engaged in the exploration, development and acquisition of oil and natural gas properties in the Gulf of Mexico. The Company owns a platform in the Gulf of Mexico located in a National Marine Sanctuary. The Company's fields are located in federal and state waters in the Gulf of Mexico. The fields are found in water depths ranging from 10 feet to 7,200 feet. The Company's fields include Ship Shoal 349 Field (Mahogany), Fairway Field, Miss. Canyon 243 (Matterhorn), Viosca Knoll 783 (Tahoe/SE Tahoe), Miss. Canyon 782 (Dantzler), Main Pass 108, Brazos A133, Ewing Bank 910, Miss. Canyon 698 (Big Bend) and Miss. Canyon 538/582 (Medusa). The Company sells its crude oil, natural gas liquids (NGLs) and natural gas to third-party customers. The Company's subsidiary is W & T Energy VI, LLC.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NYSE
  • Symbol: WTI
  • CUSIP: 92922P10
Key Metrics:
  • Previous Close: $2.77
  • 50 Day Moving Average: $2.99
  • 200 Day Moving Average: $2.07
  • 52-Week Range: $136,921,000.00 - $1.31
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -11.58
  • P/E Growth: 0.05
  • Market Cap: $380.64M
  • Outstanding Shares: 136,921,000
  • Beta: 2.53
Profitability:
  • Net Margins: -81.55%
  • Return on Assets: -15.17%
Debt:
  • Debt-to-Equity Ratio: -1.50%
  • Current Ratio: 0.64%
  • Quick Ratio: 0.64%
Additional Links:
Companies Related to W&T Offshore:

Analyst Ratings

Consensus Ratings for W&T Offshore (NYSE:WTI) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.67)
Consensus Price Target: $2.75 (1.08% downside)

Analysts' Ratings History for W&T Offshore (NYSE:WTI)
Show:
DateFirmActionRatingPrice TargetDetails
1/26/2017Barclays PLCBoost Price TargetUnderweight$1.00 -> $2.00View Rating Details
1/6/2017Capital One Financial CorporationUpgradeUnderweight -> Equal WeightView Rating Details
3/10/2016KLR GroupDowngradeBuy -> Hold$3.50View Rating Details
1/13/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$4.25 -> $2.00View Rating Details
10/7/2015BMO Capital MarketsLower Price Target$3.00 -> $2.00View Rating Details
8/17/2015Iberia CapitalDowngradeOutperform -> Sector PerformView Rating Details
8/7/2015SunTrust Banks, Inc.Lower Price Target$6.00 -> $5.00View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for W&T Offshore (NYSE:WTI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/6/2017        
11/2/2016Q316($0.43)($0.24)$109.57 million$107.40 millionViewN/AView Earnings Details
8/4/2016Q216($0.69)($0.47)$102.64 million$99.70 millionViewN/AView Earnings Details
5/4/2016Q116($0.90)($0.95)$97.92 million$77.70 millionViewN/AView Earnings Details
3/8/2016Q415($0.83)($0.44)$122.53 millionViewN/AView Earnings Details
11/4/2015Q315($0.94)($0.82)$129.52 million$126.20 millionViewN/AView Earnings Details
8/5/2015Q215($0.77)($0.54)$130.88 million$149.07 millionViewN/AView Earnings Details
5/6/2015Q115($0.79)($1.13)$138.50 million$127.91 millionViewN/AView Earnings Details
3/4/2015Q414($0.40)($0.53)$211.14 millionViewN/AView Earnings Details
11/5/2014Q314($0.06)$0.01$232.60 million$234.50 millionViewN/AView Earnings Details
8/6/2014Q214$0.14$0.24$253.76 millionViewN/AView Earnings Details
5/6/2014Q114$0.21$0.21$244.83 million$254.52 millionViewN/AView Earnings Details
3/6/2014Q413$0.05($0.09)$245.94 million$244.93 millionViewN/AView Earnings Details
11/6/2013Q313$0.24$0.20$240.93 million$244.60 millionViewN/AView Earnings Details
5/7/2013Q1 2013$0.29$0.35$239.06 million$259.22 millionViewN/AView Earnings Details
2/26/2013Q4 2012$0.23$0.26$227.21 million$237.15 millionViewN/AView Earnings Details
7/30/2012$0.26$0.28ViewN/AView Earnings Details
5/8/2012$0.47$0.40ViewN/AView Earnings Details
2/23/2012$0.42$0.69ViewN/AView Earnings Details
10/31/2011$0.56$0.56ViewN/AView Earnings Details
8/3/2011$0.43$0.71ViewN/AView Earnings Details
4/26/2011$0.31$0.43ViewN/AView Earnings Details
3/2/2011$0.36$0.40ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for W&T Offshore (NYSE:WTI)
Current Year EPS Consensus Estimate: $-1.86 EPS
Next Year EPS Consensus Estimate: $-0.24 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163($0.96)($0.79)($0.86)
Q2 20162($0.75)($0.68)($0.72)
Q3 20162($0.48)($0.38)($0.43)
Q4 20162($0.40)($0.08)($0.24)
Q1 20171($0.29)($0.29)($0.29)
Q2 20171($0.20)($0.20)($0.20)
Q3 20171($0.25)($0.25)($0.25)
Q4 20171($0.26)($0.26)($0.26)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for W&T Offshore (NYSE:WTI)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for W&T Offshore (NYSE:WTI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/6/2014quarterly$0.104.3%11/14/201411/18/201412/3/2014
8/7/2014quarterly$0.102.71%8/20/20148/22/20149/12/2014
5/7/2014quarterly$0.102.55%5/21/20145/23/20146/4/2014
3/7/2014quarterly$0.102.66%3/14/20143/18/20143/31/2014
12/11/2013special$0.422.68%12/19/201312/23/201312/27/2013
11/7/2013quarterly$0.102.22%11/14/201311/18/201312/3/2013
8/7/2013quarterly$0.092.3%8/20/20138/22/20139/12/2013
5/7/2013quarterly$0.092.45%5/22/20135/24/20136/4/2013
2/27/2013quarterly$0.082.15%3/13/20133/15/20133/29/2013
12/14/2012special$0.3212/20/201212/24/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for W&T Offshore (NYSE:WTI)
Insider Ownership Percentage: 54.08%
Institutional Ownership Percentage: 49.09%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/13/2016John D GibbonsCFOBuy35,000$2.20$77,000.00View SEC Filing  
12/9/2016Tracy W KrohnCEOBuy835,308$1.95$1,628,850.60View SEC Filing  
12/8/2016Tracy W KrohnCEOBuy1,180,888$1.94$2,290,922.72View SEC Filing  
11/29/2016Stuart B KatzDirectorBuy25,000$1.57$39,250.00View SEC Filing  
9/15/2016Virginia BouletDirectorBuy16,700$1.59$26,553.00View SEC Filing  
11/11/2015S James NelsonDirectorBuy9,000$3.70$33,300.00View SEC Filing  
9/11/2015Virginia BouletDirectorBuy12,750$3.15$40,162.50View SEC Filing  
9/9/2015B Frank StanleyDirectorBuy11,000$3.67$40,370.00View SEC Filing  
9/8/2015Stuart B KatzDirectorBuy12,000$3.64$43,680.00View SEC Filing  
8/12/2014Stuart B KatzDirectorBuy3,000$13.61$40,830.00View SEC Filing  
5/21/2014B Frank StanleyDirectorBuy3,000$14.88$44,640.00View SEC Filing  
5/16/2014S James NelsonDirectorBuy2,500$14.79$36,975.00View SEC Filing  
11/18/2013Robert IsraelDirectorBuy3,850$18.04$69,454.00View SEC Filing  
9/17/2013Virginia BouletDirectorBuy2,285$17.50$39,987.50View SEC Filing  
8/15/2013S James NelsonDirectorBuy2,500$15.33$38,325.00View SEC Filing  
6/4/2013Tracy KrohnCEOBuy2,490$14.48$36,055.20View SEC Filing  
11/15/2012B Frank StanleyDirectorBuy2,700$15.40$41,580.00View SEC Filing  
11/7/2012Virginia BouletDirectorBuy1,150$17.30$19,895.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for W&T Offshore (NYSE:WTI)
DateHeadline
News IconW&T Offshore, Inc. (NYSE:WTI) Projected to Achieve EPS Of $-0.24 - Stock Observer (NYSE:WTI)
www.thestockobserver.com - February 19 at 8:05 AM
capitalcube.com logoW&T Offshore, Inc. breached its 50 day moving average in a Bearish Manner : WTI-US : February 15, 2017 (NYSE:WTI)
us.rd.yahoo.com - February 17 at 5:16 PM
us.rd.yahoo.com logoTransocean (RIG) to Post Q4 Earnings: Is a Beat in Store? (NYSE:WTI)
us.rd.yahoo.com - February 17 at 5:16 PM
News IconIs The Sell-Side Predicting That W&T Offshore, Inc. (NYSE:WTI) Will Move Higher? - Winfield Review (NYSE:WTI)
winfieldreview.com - February 17 at 8:31 AM
News IconStock Levels in Review for W&T Offshore Inc. (WTI) - Rives Journal (NYSE:WTI)
rivesjournal.com - February 14 at 7:09 AM
investopedia.com logoOil Rallies After IEA Reports 90% OPEC Compliance With Output Deal (NYSE:WTI)
www.investopedia.com - February 11 at 6:24 AM
finance.yahoo.com logoW&T Offshore Announces Fourth Quarter 2016 Financial and Operational Results Release and Conference Call Schedule (NYSE:WTI)
finance.yahoo.com - February 9 at 6:45 AM
News IconNarrowing in on Trading Indicators for W&T Offshore Inc. (WTI) - Rives Journal (NYSE:WTI)
rivesjournal.com - February 8 at 2:12 AM
investopedia.com logoFlat Oil Prices Mean Big Trouble for Big Oil (NYSE:WTI)
www.investopedia.com - February 7 at 9:11 PM
News IconEPS Analysis for W&T Offshore Inc. (NYSE:WTI) - The Oracle Examiner (NYSE:WTI)
oracleexaminer.com - February 7 at 4:10 PM
News IconStock ABR Of W&T Offshore, Inc. (NYSE:WTI) At 3.67 | Stock Observer - Stock Observer (NYSE:WTI)
www.thestockobserver.com - February 3 at 6:49 AM
finance.yahoo.com logoW&T Offshore Announces Year-End 2016 Proved Reserves, Production For 2016, An Update On The A-18 Well At Mahogany And An Extension Of The Appeal With IBLA Regarding BOEM Orders (NYSE:WTI)
finance.yahoo.com - February 3 at 6:49 AM
istreetwire.com logoStocks In Queue: W&T Offshore, Inc. (WTI), Uranium Resources, Inc. (URRE), Athersys, Inc. (ATHX) - iStreetWire (NYSE:WTI)
istreetwire.com - January 31 at 8:09 AM
4-traders.com logoW&T Offshore : Announces Mahogany Field Initial Production (NYSE:WTI)
www.4-traders.com - January 29 at 6:27 AM
News IconStock ABR Of W&T Offshore, Inc. (NYSE:WTI) At 3.67 - Stock Observer (NYSE:WTI)
www.thestockobserver.com - January 27 at 6:49 AM
seekingalpha.com logoW&T Offshore brings well online at Gulf of Mexico's Mahogany field (NYSE:WTI)
seekingalpha.com - January 26 at 3:34 PM
finance.yahoo.com logoW&T Offshore Announces Initial Production from Ship Shoal 349 "Mahogany Field" A-18 Well (NYSE:WTI)
finance.yahoo.com - January 26 at 6:32 AM
News IconW&T Offshore approves 2017 capital budget of $125M (NYSE:WTI)
www.ogfj.com - January 25 at 2:41 AM
streetinsider.com logoW&T Offshore (WTI) Announces FY17 Capital Budget, Offers Guidance (NYSE:WTI)
www.streetinsider.com - January 25 at 2:41 AM
us.rd.yahoo.com logoW&T Offshore Announces 2017 Capital Budget And Provides Production And Expense Guidance For 2017 (NYSE:WTI)
us.rd.yahoo.com - January 25 at 2:41 AM
us.rd.yahoo.com logo6:33 am W&T Offshore announces a 2017 capex budget of $125 mln and expects total production in 2017 to be approximately 4% higher than the mid-point of its expected production in 2016 (NYSE:WTI)
us.rd.yahoo.com - January 25 at 2:41 AM
News IconTicker Watch: Technical Views on Shares of W&T Offshore Inc. (WTI) - Sherwood Daily (NYSE:WTI)
sherwooddaily.com - January 24 at 3:32 PM
streetinsider.com logoW&T Offshore (WTI) Announces FY17 Capital Budget, Offers Guidance - StreetInsider.com (NYSE:WTI)
www.streetinsider.com - January 24 at 3:32 PM
News IconInteresting WTI Put And Call Options For March 17th (NYSE:WTI)
www.stockoptionschannel.com - January 24 at 3:47 AM
News IconKeeping Tabs on Technicals for W&T Offshore Inc. (WTI) - Sherwood Daily (NYSE:WTI)
sherwooddaily.com - January 19 at 4:23 PM
News IconIs W&T Offshore Inc (WTI) As Financially Strong As Zero-Debt On Its Balance Sheet Indicates? (NYSE:WTI)
simplywall.st - January 18 at 5:47 AM
nasdaq.com logoW&T Offshore (WTI): Moving Average Crossover Alert - Nasdaq (NYSE:WTI)
www.nasdaq.com - January 15 at 8:09 PM
realistinvestor.com logoW&T Offshore, Inc. (NYSE:WTI) EPS Estimate At $-0.26 - RealistInvestor.com (NYSE:WTI)
www.realistinvestor.com - January 13 at 3:25 PM
News IconShares Skittish Ahead of The Bell: W&T Offshore, Inc. (NYSE:WTI) - Wall Street Beacon (NYSE:WTI)
wsbeacon.com - January 13 at 3:25 PM
finance.yahoo.com logoW&T Offshore (WTI): Moving Average Crossover Alert (NYSE:WTI)
finance.yahoo.com - January 13 at 3:25 PM
News IconW&T Offshore Inc. (NYSE:WTI) shows monthly volitility of 9.13% - The Newburgh Press (NYSE:WTI)
newburghpress.com - January 13 at 6:49 AM
nasdaq.com logoShould W&T Offshore (WTI) Stock Be in Your Portfolio Now? - Nasdaq (NYSE:WTI)
www.nasdaq.com - January 13 at 6:49 AM
News IconW & T Offshore Inc (NYSE:WTI)
www.scrapmonster.com - January 9 at 3:20 PM
investopedia.com logoW&T Offshore Finds New Reservoirs in Old Field (WTI) (NYSE:WTI)
www.investopedia.com - January 9 at 3:20 PM
investopedia.com logoWith New Finds, W&T Offshore Poised to Soar (NYSE:WTI)
www.investopedia.com - January 9 at 3:20 PM
seekingalpha.com logoW&T Offshore Announces A New Discovery In The Mahogany Field (NYSE:WTI)
seekingalpha.com - January 7 at 6:32 AM
fool.com logoShares of W&T Offshore Soared in December. Is There Room Left to Run? (NYSE:WTI)
www.fool.com - January 6 at 10:24 AM
seekingalpha.com logoW&T Offshore finds more oil at Gulf of Mexico field (NYSE:WTI)
seekingalpha.com - January 6 at 8:23 AM
News IconW&T Offshore discovers new & deeper productive reservoirs at Ship Shoal 349 Mahogany field (NYSE:WTI)
www.youroilandgasnews.com - January 6 at 6:39 AM
streetinsider.com logoW&T Offshore (WTI) Reports 'Highly Successful' Deep Sand Development Well at Ship Shoal 349 (NYSE:WTI)
www.streetinsider.com - January 6 at 6:39 AM
finance.yahoo.com logo4:22 pm W&T Offshore announces that its Ship Shoal 359 A-18 well has logged 149 feet of net oil pay in five zones and extended the size and depth of the Mahogany field (NYSE:WTI)
finance.yahoo.com - January 6 at 6:39 AM
publicnow.com logoW&T Offshore Announces a Highly Successful Deep Sand Development Well and Discovers New and Deeper Productive Reservoirs at Ship Shoal 349 Mahogany Field (NYSE:WTI)
www.publicnow.com - January 6 at 6:39 AM
News IconBargain or Bait? Stock Update on W&T Offshore, Inc. (NYSE:WTI) - Prospect Journal (NYSE:WTI)
prospectjournal.com - December 30 at 3:43 PM
finance.yahoo.com logo5 Energy Stocks to Grow Under Trump Administration in 2017 (NYSE:WTI)
finance.yahoo.com - December 30 at 3:43 PM
nasdaq.com logoW&T Offshore (WTI) Shares March Higher, Can It Continue? - Nasdaq (NYSE:WTI)
www.nasdaq.com - December 30 at 3:29 AM
finance.yahoo.com logoW&T Offshore (WTI) Shares March Higher, Can It Continue? (NYSE:WTI)
finance.yahoo.com - December 30 at 3:29 AM
News IconW&T Offshore, Inc. (NYSE:WTI) Vs. Industry Vs. Sector Growth Analysis - The Newburgh Press (NYSE:WTI)
newburghpress.com - December 27 at 3:24 PM
istreetwire.com logoStock's Trend Analysis Report: W&T Offshore, Inc. (WTI), Avon ... - iStreetWire (NYSE:WTI)
istreetwire.com - December 21 at 3:56 PM
News IconIndicator Level Summary for W&T Offshore Inc. (WTI) - Yankee Analysts (NYSE:WTI)
yankeeanalysts.com - December 21 at 3:56 PM
fool.com logoShares of W&T Offshore Surge Today on What, Exactly? (NYSE:WTI)
www.fool.com - December 20 at 1:48 PM

Social

What is W&T Offshore's stock symbol?

W&T Offshore trades on the New York Stock Exchange (NYSE) under the ticker symbol "WTI."

Where is W&T Offshore's stock going? Where will W&T Offshore's stock price be in 2017?

3 equities research analysts have issued twelve-month price targets for W&T Offshore's stock. Their predictions range from $2.00 to $3.50. On average, they anticipate W&T Offshore's share price to reach $2.75 in the next twelve months.

When will W&T Offshore announce their earnings?

W&T Offshore is scheduled to release their next quarterly earnings announcement on Monday, March, 6th 2017.

Who owns W&T Offshore stock?

W&T Offshore's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Franklin Resources Inc. (30.03%), Edge Asset Management Inc. (1.77%), AQR Capital Management LLC (0.53%), State Street Corp (0.46%), Cigna Investments Inc. New (0.19%) and Cpcm LLC (0.13%). Company insiders that own W&T Offshore stock include B Frank Stanley, John D Gibbons, S James Nelson, Stuart B Katz, Tracy W Krohn and Virginia Boulet.

Who sold W&T Offshore stock? Who is selling W&T Offshore stock?

W&T Offshore's stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc. and Horizon Kinetics LLC.

Who bought W&T Offshore stock? Who is buying W&T Offshore stock?

W&T Offshore's stock was purchased by a variety of institutional investors in the last quarter, including Cigna Investments Inc. New, Cpcm LLC, AQR Capital Management LLC and State Street Corp. Company insiders that have bought W&T Offshore stock in the last two years include B Frank Stanley, John D Gibbons, S James Nelson, Stuart B Katz, Tracy W Krohn and Virginia Boulet.

How do I buy W&T Offshore stock?

Shares of W&T Offshore can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of W&T Offshore stock cost?

One share of W&T Offshore stock can currently be purchased for approximately $2.78.

W&T Offshore (NYSE:WTI) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for W&T Offshore (NYSE:WTI)

Earnings History Chart

Earnings by Quarter for W&T Offshore (NYSE:WTI)

Dividend History Chart

Dividend Payments by Quarter for W&T Offshore (NYSE:WTI)

Last Updated on 2/19/2017 by MarketBeat.com Staff