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: $1.62
  • 50 Day Moving Average: $1.79
  • 200 Day Moving Average: $2.12
  • 52-Week Range: $76,473,000.00 - $1.23
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.72
  • P/E Growth: 0.02
  • Market Cap: $122.36M
  • Outstanding Shares: 76,473,000
  • Beta: 2.78
Profitability:
  • Net Margins: -206.20%
  • Return on Assets: -15.98%
Debt:
  • Debt-to-Equity Ratio: -1.62%
  • Current Ratio: 1.16%
  • Quick Ratio: 1.16%
Additional Links:
Companies Related to W&T Offshore:

Analyst Ratings

Consensus Ratings for W&T Offshore (NYSE:WTI) (?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $2.38 (48.44% upside)

Analysts' Ratings History for W&T Offshore (NYSE:WTI)
Show:
DateFirmActionRatingPrice TargetDetails
3/28/2016Capital One Financial Corp.UpgradeUnderweight -> Equal WeightView Rating Details
3/10/2016KLR GroupDowngradeBuy -> Hold$3.50View Rating Details
1/28/2016Barclays PLCLower Price TargetEqual Weight$4.00 -> $2.00View 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
2/2/2015Howard WeilLower Price TargetSector Perform$9.00 -> $6.00View Rating Details
(Data available from 9/25/2014 forward)

Earnings

Earnings History for W&T Offshore (NYSE:WTI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2016        
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: $-2.19 EPS
Next Year EPS Consensus Estimate: $-0.93 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)($0.35)($0.42)
Q4 20162($0.40)($0.31)($0.36)
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:4 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: 26.01%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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 IconKeen Investors Find News on W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - September 24 at 5:55 AM
News IconEarnings Preview: W&T Offshore Inc. (NYSE:WTI) moved up 14 times out of last 25 quarters - The Independent Republic (NYSE:WTI)
theindependentrepublic.com - September 23 at 5:46 AM
News IconUnder the Microscope, Zeroing in at W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - September 23 at 5:46 AM
News IconSeaport Global Securities Equities Analysts Increase Earnings Estimates for W&T Offshore, Inc. (WTI) - DailyQuint (NYSE:WTI)
dailyquint.com - September 22 at 5:46 AM
News IconPenny Stock Investors Keen on Shares of W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - September 22 at 5:46 AM
investopedia.com logoMoody and S&P Upgrade W&T Offshore Inc. (WTI) - Investopedia (NYSE:WTI)
www.investopedia.com - September 22 at 5:46 AM
investopedia.com logoMoody and S&P Upgrade W&T Offshore Inc. (WTI) (NYSE:WTI)
www.investopedia.com - September 21 at 7:39 PM
investopedia.com logoW&T Earns Ratings Upgrade Following Debt Swap (WTI) (NYSE:WTI)
www.investopedia.com - September 21 at 7:39 PM
investornewswire.com logoW&T Offshore, Inc. (NYSE:WTI)'s Expectation Of $486.9 In Sales - Investor Newswire (NYSE:WTI)
www.investornewswire.com - September 19 at 8:00 PM
News IconUnder the Microscope: Getting a Closer Look at Shares of W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - September 19 at 8:00 PM
News IconStock Perspective: W&T Offshore, Inc. (NYSE:WTI) Earnings in View - Frisco Fastball (NYSE:WTI)
friscofastball.com - September 16 at 7:51 PM
News IconKeen Investors Seek Information on W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - September 16 at 11:48 AM
News IconStock Update, a Closer Look at W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - September 15 at 8:17 PM
streetinsider.com logoS&P Upgrades W&T Offshore (WTI) to 'CCC'; Outlook is Negative - StreetInsider.com (NYSE:WTI)
www.streetinsider.com - September 15 at 8:17 PM
News IconAnalysts Valuations For Two Stocks: Natixis SA (EPA:KN), W&T Offshore, Inc. (NYSE:WTI) - The Voice Registrar (NYSE:WTI)
voiceregistrar.com - September 15 at 8:17 PM
streetinsider.com logoMoody's Upgrades W&T Offshore (WTI) to 'Caa2'; Outlook Lowered to Negative - StreetInsider.com (NYSE:WTI)
www.streetinsider.com - September 15 at 8:17 PM
moodys.com logoW&T Offshore, Inc. -- Moody's upgrades W&T Offshore to Caa2; PDR to Caa2-PD/LD (NYSE:WTI)
www.moodys.com - September 15 at 8:17 PM
News IconAll Eyes Remain on the Direction of Oil (NYSE:WTI)
www.fxstreet.com - September 14 at 12:33 PM
feeds.reuters.com logoBRIEF-W&T Offshore entered into a 1.5 lien term loan credit agreement on September 7 (NYSE:WTI)
feeds.reuters.com - September 13 at 5:33 PM
investornewswire.com logoExpected For W&T Offshore, Inc. (NYSE:WTI) Sales Of $486.9 - Investor Newswire (NYSE:WTI)
www.investornewswire.com - September 12 at 7:38 PM
News IconGetting a Closer Look at Shares of W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - September 12 at 7:38 PM
News IconMaking News: Targeting shares of W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - September 10 at 6:07 AM
News IconW&T Offshore Inc. (NYSE:WTI) Upcoming Earnings: What matter for ... - The Voice Registrar (NYSE:WTI)
voiceregistrar.com - September 10 at 6:07 AM
News IconShares Higher in Today's Session: W&T Offshore Inc. (NYSE:WTI) - Post News (NYSE:WTI)
www.kentuckypostnews.com - September 9 at 5:58 AM
prnewswire.com logoW&T Offshore Announces Closing of Exchange Offer and New ... - PR Newswire (press release) (NYSE:WTI)
www.prnewswire.com - September 8 at 7:46 PM
finance.yahoo.com logoW&T Offshore Announces Closing of Exchange Offer and New Capital Financing (NYSE:WTI)
finance.yahoo.com - September 8 at 12:06 PM
biz.yahoo.com logoW&T OFFSHORE INC Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Financial State (NYSE:WTI)
biz.yahoo.com - September 6 at 8:15 PM
investornewswire.com logoW&T Offshore, Inc. (NYSE:WTI) Expects Sales Of $486.9 - Investor Newswire (NYSE:WTI)
www.investornewswire.com - September 6 at 5:43 AM
News IconPlacing W&T Offshore, Inc. (NYSE:WTI) Shares Under the Microscope - Post News (NYSE:WTI)
www.kentuckypostnews.com - September 6 at 5:43 AM
News IconW&T Offshore, Inc. (NYSE:WTI) Analyst Research Summary - The Independent Republic (NYSE:WTI)
theindependentrepublic.com - September 3 at 5:52 AM
investopedia.com logoRussia's Oil Companies Deal Better With Low Prices Than China's (FXI, RSX) (NYSE:WTI)
www.investopedia.com - September 3 at 5:52 AM
News IconW&T Offshore reduces debt with exchange offer (NYSE:WTI)
www.ogfj.com - September 2 at 7:57 PM
publicnow.com logoW&T Offshore Announces Expiration and Final Results for Exchange Offer and Consent Solicitation (NYSE:WTI)
www.publicnow.com - September 2 at 7:16 AM
News IconUnder the Magnifying Glass: A Closer Look at W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - September 1 at 8:07 PM
finance.yahoo.com logoW&T Offshore Announces Early Participation Results for Exchange Offer and Consent Solicitation - Yahoo Finance (NYSE:WTI)
finance.yahoo.com - September 1 at 8:07 PM
fidaily.com logoStock is down at $1.77 (WTI) W&T Offshore Announces Early… (NYSE:WTI)
www.fidaily.com - September 1 at 11:31 AM
News IconW&T Offshore Announces Early Participation Results for Exchange Offer and Consent Solicitation (NYSE:WTI)
ih.advfn.com - September 1 at 11:31 AM
News IconZeroing Our Focus on W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - August 30 at 11:36 AM
News IconWhich way W&T Offshore Inc. (NYSE:WTI) earnings may go - The Voice Registrar (NYSE:WTI)
voiceregistrar.com - August 30 at 11:36 AM
marketrealist.com logoHedge Funds Net Long Positions in WTI Contracts Rose (NYSE:WTI)
marketrealist.com - August 29 at 8:15 PM
News IconW&T Offshore, Inc. (NYSE:WTI) Analyst Estimates - The Independent Republic (NYSE:WTI)
theindependentrepublic.com - August 27 at 6:01 AM
News IconWhat Wall Street is saying about W&T Offshore, Inc. (NYSE:WTI) - The Independent Republic (NYSE:WTI)
theindependentrepublic.com - August 25 at 8:34 PM
marketwatch.com logoResearch Reports on Select Oil & Gas Stocks -- Concho Resources, RSP Permian, Enerplus, and W&T Offshore (NYSE:WTI)
www.marketwatch.com - August 24 at 11:23 AM
4-traders.com logoW&T Offshore : Research Reports on Select Oil & Gas Stocks -- Concho Resources, RSP Permian, Enerplus, and W&T Offshore (NYSE:WTI)
www.4-traders.com - August 24 at 11:23 AM
marketrealist.com logoHedge Funds Increased Net Long Positions in WTI Contracts Last Week (NYSE:WTI)
marketrealist.com - August 23 at 11:16 AM
News IconW&T Offshore Inc.'s (WTI): Investors Alert - Hot Stocks Point (NYSE:WTI)
www.hotstockspoint.com - August 22 at 8:16 PM
investornewswire.com logoW&T Offshore, Inc. (NYSE:WTI) Reports Sales Of $99.655, Surprising Estimates By -4.085% - Investor Newswire (NYSE:WTI)
www.investornewswire.com - August 22 at 8:16 PM
News IconSmall Cap Insight on Shares of W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - August 21 at 5:49 AM
finance.yahoo.com logoHere's a quick guide to what traders are talking about right now (NYSE:WTI)
finance.yahoo.com - August 17 at 11:17 AM
investornewswire.com logoAnalysts See Sales Of $480.595 For W&T Offshore, Inc. (NYSE:WTI) - Investor Newswire (NYSE:WTI)
www.investornewswire.com - August 16 at 8:25 PM

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W&T Offshore (NYSE:WTI) Chart for Sunday, September, 25, 2016


Last Updated on 9/25/2016 by MarketBeat.com Staff