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

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$5.22 +0.19 (+3.78 %)
(As of 02/18/2019 04:00 PM ET)
Previous Close$5.03
Today's Range$5.08 - $5.23
52-Week Range$3.50 - $9.88
Volume1.63 million shs
Average Volume2.23 million shs
Market Capitalization$726.38 million
P/E Ratio9.32
Dividend YieldN/A
Beta2.86
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$487.10 million
Cash Flow$1.8252 per share
Book Value($4.16) per share

Profitability

Net Income$79.68 million

Miscellaneous

Employees298
Market Cap$726.38 million
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) announced its quarterly earnings data on Wednesday, October, 31st. The oil and gas company reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $0.06. The oil and gas company had revenue of $153.50 million for the quarter, compared to analysts' expectations of $146.97 million. W&T Offshore had a negative return on equity of 26.51% and a net margin of 23.54%. The firm's revenue for the quarter was up 39.2% on a year-over-year basis. During the same period last year, the business posted $0.04 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, February 27th 2019. View Earnings Estimates for W&T Offshore.

What price target have analysts set for WTI?

4 brokers have issued 12 month price objectives for W&T Offshore's shares. Their forecasts range from $6.25 to $10.75. On average, they expect W&T Offshore's stock price to reach $8.50 in the next twelve months. This suggests a possible upside of 62.8% 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.

Has W&T Offshore been receiving favorable news coverage?

News coverage about WTI stock has been trending positive on Monday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. W&T Offshore earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned headlines about the oil and gas company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the immediate future.

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 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
  • Mr. W. Allen Tate, VP of Marketing & Midstream

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 investors include BlackRock Inc. (5.07%), Dimensional Fund Advisors LP (3.62%), LSV Asset Management (3.21%), MERIAN GLOBAL INVESTORS UK Ltd (1.80%), Millennium Management LLC (1.56%) and Geode Capital Management LLC (1.16%). Company insiders that own W&T Offshore stock include 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 SG Americas Securities LLC, D. E. Shaw & Co. Inc., Hsbc Holdings PLC, MERIAN GLOBAL INVESTORS UK Ltd, Martingale Asset Management L P, Virtu Financial LLC, Voloridge Investment Management LLC and Columbia Pacific Advisors LLC. View Insider Buying and Selling 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 Millennium Management LLC, Brandywine Global Investment Management LLC, BlackRock Inc., Two Sigma Advisers LP, Bank of New York Mellon Corp, Bank of America Corp DE, ClariVest Asset Management LLC and Assenagon Asset Management S.A.. Company insiders that have bought W&T Offshore stock in the last two years include 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 $5.22.

How big of a company is W&T Offshore?

W&T Offshore has a market capitalization of $726.38 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.

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:  183 (Vote Outperform)
Underperform Votes:  364 (Vote Underperform)
Total Votes:  547
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 2/18/2019 by MarketBeat.com Staff

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