NYSE:WTI - W&T Offshore Stock Price, News, & Analysis

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$4.91 -0.13 (-2.58 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$4.91
Today's Range$4.89 - $5.04
52-Week Range$3.62 - $9.88
Volume1.90 million shs
Average Volume2.70 million shs
Market Capitalization$690.54 million
P/E Ratio4.86
Dividend YieldN/A
Beta2.85
W&T Offshore, Inc., an independent oil and natural gas producer, acquires, explores for, and develops oil and natural gas properties in the Gulf of Mexico. The company sells crude oil, natural gas liquids, and natural gas. It holds working interests in approximately 49 offshore fields in federal and state waters. The company also owns interests in approximately 135 offshore structures. It has interests in offshore leases covering approximately 370,000 net acres spanning across the Outer Continental Shelf off the coasts of Louisiana, Texas, Mississippi, and Alabama. As of December 31, 2017, its total proved reserves were 74.2 million barrels of oil equivalent. W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP92922P10
Phone713-626-8525

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$580.71 million
Cash Flow$2.1441 per share
Book Value($2.65) per share

Profitability

Net Income$248.83 million

Miscellaneous

Employees282
Market Cap$690.54 million
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable

W&T Offshore (NYSE:WTI) Frequently Asked Questions

What is W&T Offshore's stock symbol?

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

How were W&T Offshore's earnings last quarter?

W&T Offshore, Inc. (NYSE:WTI) issued its earnings results on Wednesday, May, 1st. The oil and gas company reported $0.05 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.11 by $0.06. The oil and gas company earned $116.08 million during the quarter, compared to the consensus estimate of $120.51 million. W&T Offshore had a negative return on equity of 29.98% and a net margin of 30.83%. The company's revenue for the quarter was down 13.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.19 earnings per share. View W&T Offshore's Earnings History.

When is W&T Offshore's next earnings date?

W&T Offshore is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for W&T Offshore.

What price target have analysts set for WTI?

5 brokerages have issued 1 year price objectives for W&T Offshore's stock. Their predictions range from $6.25 to $10.75. On average, they anticipate W&T Offshore's stock price to reach $9.00 in the next twelve months. This suggests a possible upside of 83.3% from the stock's current price. View Analyst Price Targets for W&T Offshore.

What is the consensus analysts' recommendation for W&T Offshore?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last year. There are currently 2 sell ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for W&T Offshore.

Has W&T Offshore been receiving favorable news coverage?

Media stories about WTI stock have been trending somewhat positive on Sunday, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. W&T Offshore earned a coverage optimism score of 1.9 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are some of W&T Offshore's key competitors?

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 Advanced Micro Devices (AMD), Chesapeake Energy (CHK), Callon Petroleum (CPE), Range Resources (RRC), WPX Energy (WPX), Micron Technology (MU), Coeur Mining (CDE), Cleveland-Cliffs (CLF), Celldex Therapeutics (CLDX) and Exelixis (EXEL).

Who are W&T Offshore's key executives?

W&T Offshore's management team includes the folowing people:
  • Mr. Tracy W. Krohn, Founder, Chairman, CEO & Pres (Age 64)
  • Mr. Stephen L. Schroeder, Sr. VP & CTO (Age 56)
  • Mr. Shahid A. Ghauri, VP, Gen. Counsel & Corp. Sec. (Age 50)
  • Ms. Janet Yang, Exec. VP & CFO
  • Al Petrie, Investor Relations Coordinator

Who are W&T Offshore's major shareholders?

W&T Offshore's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (5.64%), BlackRock Inc. (4.92%), Dimensional Fund Advisors LP (3.54%), JPMorgan Chase & Co. (3.48%), LSV Asset Management (3.14%) and MERIAN GLOBAL INVESTORS UK Ltd (1.87%). Company insiders that own W&T Offshore stock include B Frank Stanley, David M Bump, John D Gibbons, Shahid Ghauri, Stephen L Schroeder, Stuart B Katz, Tracy W Krohn and Virginia Boulet. View Institutional Ownership Trends for W&T Offshore.

Which institutional investors are selling W&T Offshore stock?

WTI stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Citigroup Inc., Federated Investors Inc. PA, Wellington Management Group LLP, ClariVest Asset Management LLC, Lazard Asset Management LLC, Morgan Stanley and BlackRock Inc.. View Insider Buying and Selling for W&T Offshore.

Which institutional investors are buying W&T Offshore stock?

WTI stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Man Group plc, Spark Investment Management LLC, Connor Clark & Lunn Investment Management Ltd., JPMorgan Chase & Co., Geode Capital Management LLC, First Trust Advisors LP and Jane Street Group LLC. Company insiders that have bought W&T Offshore stock in the last two years include B Frank Stanley, Shahid Ghauri, Stuart B Katz, Tracy W Krohn and Virginia Boulet. View Insider Buying and Selling for W&T Offshore.

How do I buy shares of W&T Offshore?

Shares of WTI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is W&T Offshore's stock price today?

One share of WTI stock can currently be purchased for approximately $4.91.

How big of a company is W&T Offshore?

W&T Offshore has a market capitalization of $690.54 million and generates $580.71 million in revenue each year. The oil and gas company earns $248.83 million in net income (profit) each year or $1.01 on an earnings per share basis. W&T Offshore employs 282 workers across the globe.

What is W&T Offshore's official website?

The official website for W&T Offshore is http://www.wtoffshore.com.

How can I contact W&T Offshore?

W&T Offshore's mailing address is Nine Greenway Plaza Suite 300, Houston TX, 77046. The oil and gas company can be reached via phone at 713-626-8525 or via email at [email protected]


MarketBeat Community Rating for W&T Offshore (NYSE WTI)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  192 (Vote Outperform)
Underperform Votes:  385 (Vote Underperform)
Total Votes:  577
MarketBeat's community ratings are surveys of what our community members think about W&T Offshore and other stocks. Vote "Outperform" if you believe WTI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WTI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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