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

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$5.94 +0.10 (+1.71 %)
(As of 08/20/2018 02:42 AM ET)
Previous Close$5.94
Today's Range$5.8150 - $6.02
52-Week Range$1.83 - $9.12
Volume3.37 million shs
Average Volume3.30 million shs
Market Capitalization$911.46 million
P/E Ratio10.61
Dividend YieldN/A
Beta2.65
W&T Offshore logoW&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 Ratio10.61
Forward P/E Ratio7.33
P/E GrowthN/A

Sales & Book Value

Annual Sales$487.10 million
Price / Sales1.70
Cash Flow$1.5591 per share
Price / Cash3.81
Book Value($4.16) per share
Price / Book-1.43

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$911.46 million

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) announced its quarterly earnings data on Wednesday, August, 1st. The oil and gas company reported $0.29 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.10. The oil and gas company had revenue of $149.60 million for the quarter, compared to the consensus estimate of $150.66 million. W&T Offshore had a negative return on equity of 18.00% and a net margin of 16.40%. W&T Offshore's quarterly revenue was up 21.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.22 EPS. 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 Wall Street analysts have issued 1-year target prices for W&T Offshore's shares. Their predictions range from $6.00 to $8.75. On average, they expect W&T Offshore's share price to reach $7.3750 in the next year. This suggests a possible upside of 24.2% 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, 1 hold rating and 1 buy rating 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. John Daniel Gibbons, Sr. VP, CFO & Principal Accounting Officer (Age 64)
  • 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)

Has W&T Offshore been receiving favorable news coverage?

Headlines about WTI stock have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. W&T Offshore earned a coverage optimism score of 0.20 on Accern's scale. They also gave news stories about the oil and gas company an impact score of 48.11 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for W&T Offshore.

Who are W&T Offshore's major shareholders?

W&T Offshore's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.85%), Renaissance Technologies LLC (3.53%), Dimensional Fund Advisors LP (2.99%), LSV Asset Management (2.61%), Fuller & Thaler Asset Management Inc. (0.97%) and Bank of America Corp DE (0.80%). 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 major investors are selling W&T Offshore stock?

WTI stock was sold by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc., Alambic Investment Management L.P., Spark Investment Management LLC, Chicago Equity Partners LLC, Connor Clark & Lunn Investment Management Ltd., California Public Employees Retirement System, Systematic Financial Management LP and State Board of Administration of Florida Retirement System. Company insiders that have sold W&T Offshore company stock in the last year include John D Gibbons and Stephen L Schroeder. View Insider Buying and Selling for W&T Offshore.

Which major investors are buying W&T Offshore stock?

WTI stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, LSV Asset Management, Bank of America Corp DE, Dimensional Fund Advisors LP, Caisse DE Depot ET Placement DU Quebec, BlackRock Inc., MUFG Securities EMEA plc and ClariVest Asset Management LLC. 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 $5.94.

How big of a company is W&T Offshore?

W&T Offshore has a market capitalization of $911.46 million 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.

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:  169 (Vote Outperform)
Underperform Votes:  326 (Vote Underperform)
Total Votes:  495
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 8/20/2018 by MarketBeat.com Staff

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