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

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$7.69 +0.31 (+4.20 %)
(As of 10/16/2018 05:43 AM ET)
Previous Close$7.38
Today's Range$7.42 - $7.87
52-Week Range$2.60 - $9.88
Volume3.70 million shs
Average Volume3.32 million shs
Market Capitalization$1.34 billion
P/E Ratio13.73
Dividend YieldN/A
Beta2.55
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

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:WTI
CUSIP92922P10
Phone713-626-8525

Debt

Debt-to-Equity Ratio-1.50
Current Ratio0.84
Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio13.73
Forward P/E Ratio8.54
P/E GrowthN/A

Sales & Book Value

Annual Sales$487.10 million
Price / Sales2.20
Cash Flow$1.3732 per share
Price / Cash5.60
Book Value($4.16) per share
Price / Book-1.85

Profitability

EPS (Most Recent Fiscal Year)$0.56
Net Income$79.68 million
Net Margins16.40%
Return on Equity-18.00%
Return on Assets10.83%

Miscellaneous

Employees298
Outstanding Shares139,150,000
Market Cap$1.34 billion

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) released its earnings results on Wednesday, August, 1st. The oil and gas company reported $0.29 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.10. The oil and gas company earned $149.60 million during the quarter, compared to analysts' expectations of $150.66 million. W&T Offshore had a net margin of 16.40% and a negative return on equity of 18.00%. The firm's revenue was up 21.3% on a year-over-year basis. During the same quarter last year, the company earned $0.22 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, November 7th 2018. View Earnings Estimates for W&T Offshore.

What price target have analysts set for WTI?

4 brokers have issued 12 month price targets for W&T Offshore's shares. Their forecasts range from $6.25 to $10.75. On average, they anticipate W&T Offshore's share price to reach $8.50 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. View Analyst Price Targets for W&T Offshore.

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

4 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for W&T Offshore.

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

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 63)
  • Mr. Thomas P. Murphy, Sr. VP & COO (Age 55)
  • Mr. Stephen L. Schroeder, Sr. VP & CTO (Age 55)
  • Mr. Shahid A. Ghauri, VP, Gen. Counsel & Corp. Sec. (Age 49)
  • Ms. Janet Yang, VP & CFO

Who are W&T Offshore's major shareholders?

W&T Offshore's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.38%). Company insiders that own W&T Offshore stock include John D Gibbons, Stephen L Schroeder, Stuart B Katz, Tracy W Krohn and Virginia Boulet. View Institutional Ownership Trends for W&T Offshore.

Which institutional investors are buying W&T Offshore stock?

WTI stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can. Company insiders that have bought W&T Offshore stock in the last two years include John D Gibbons, 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 $7.69.

How big of a company is W&T Offshore?

W&T Offshore has a market capitalization of $1.34 billion and generates $487.10 million in revenue each year. The oil and gas company earns $79.68 million in net income (profit) each year or $0.56 on an earnings per share basis. W&T Offshore employs 298 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:  177 (Vote Outperform)
Underperform Votes:  339 (Vote Underperform)
Total Votes:  516
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 10/16/2018 by MarketBeat.com Staff

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