NYSE:WTI W&T Offshore (WTI) Stock Price, News & Analysis $2.38 +0.04 (+1.71%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$2.34▼$2.4150-Day Range$2.01▼$2.5152-Week Range$1.99▼$4.51Volume1.33 million shsAverage Volume2.29 million shsMarket Capitalization$349.53 millionP/E RatioN/ADividend Yield1.68%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/Downside227.7% Upside$7.80 Price TargetShort InterestBearish18.56% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.76Based on 9 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.11) to ($0.25) 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.2.49 out of 5 starsOils/Energy Sector160th out of 248 stocksCrude Petroleum & Natural Gas Industry60th out of 80 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 received no research coverage in the past 90 days.Read more about W&T Offshore's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted18.56% 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 10.8, which indicates bearish sentiment.Change versus previous monthShort interest in W&T Offshore has recently decreased by 5.88%, indicating that investor sentiment is improving significantly. Previous Next 0.8 Dividend Strength Dividend YieldW&T Offshore pays a meaningful dividend of 1.77%, 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 3.2 News and Social Media Coverage News SentimentW&T Offshore has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for W&T Offshore this week, compared to 2 articles on an average week.Search Interest12 people have searched for WTI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added W&T Offshore to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 ($0.11) to ($0.25) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of W&T Offshore is -15.87, 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 -15.87, 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 11.33. 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 Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. 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 HeadlinesJuly 23 at 1:37 AM | americanbankingnews.comZacks Research Weighs in on W&T Offshore, Inc.'s Q2 2024 Earnings (NYSE:WTI)July 19, 2024 | oilprice.comWTI Crude Soars on Tailwinds of Saudi July Export CutsJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 1, 2024 | investorplace.comBlack Gold Bargains: 7 Discounted Oil Stocks Ready for a ComebackMay 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 ...July 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.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 InterestSee 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 Last Earnings5/10/2024Ex-Dividend for 5/31 Dividend5/23/2024Dividend Payable5/31/2024Today7/26/2024Next 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) 626-8525Fax713-626-8527Employees320Year 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+227.7%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 / Sales0.66 Cash Flow$0.93 per share Price / Cash Flow2.57 Book Value$0.21 per share Price / Book11.33Miscellaneous Outstanding Shares146,860,000Free Float97,660,000Market Cap$349.53 million OptionableOptionable Beta1.40 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.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 OwnershipBank of New York Mellon CorpBought 50,094 shares on 7/26/2024Ownership: 0.688%SG Americas Securities LLCBought 85,228 shares on 7/12/2024Ownership: 0.058%Simplicity Wealth LLCBought 29,090 shares on 7/10/2024Ownership: 0.020%Virtu Financial LLCBought 72,235 shares on 5/20/2024Ownership: 0.049%California State Teachers Retirement SystemSold 5,311 shares on 5/16/2024Ownership: 0.070%View All Institutional Transactions WTI Stock Analysis - Frequently Asked Questions How have WTI shares performed this year? W&T Offshore's stock was trading at $3.26 at the start of the year. Since then, WTI shares have decreased by 27.0% and is now trading at $2.38. View the best growth stocks for 2024 here. How were W&T Offshore's earnings last quarter? W&T Offshore, Inc. (NYSE:WTI) posted its earnings results on Friday, May, 10th. The oil and gas company reported ($0.05) earnings per share (EPS) 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 analysts' expectations 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%. 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. Who are W&T Offshore's major shareholders? Top institutional investors of W&T Offshore include Bank of New York Mellon Corp (0.69%), SG Americas Securities LLC (0.06%) and Simplicity Wealth LLC (0.02%). 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. What other stocks do shareholders of W&T Offshore own? Based on aggregate information from My MarketBeat watchlists, some other companies that W&T Offshore investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Pure Storage (PSTG), Overstock.com (OSTK), Riot Platforms (RIOT) and Mastercard (MA). 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