W&T Offshore Company Profile (NYSE:WTI)

About W&T Offshore (NYSE:WTI)

W&T Offshore logoW&T Offshore, Inc. is an independent oil and natural gas producer. The Company is engaged in the exploration, development and acquisition of oil and natural gas properties in the Gulf of Mexico. As of December 31, 2016, the Company had interests in offshore leases covering approximately 750,000 gross acres (450,000 net acres) spanning across the Outer Continental Shelf (OCS) off the coasts of Louisiana, Texas, Mississippi and Alabama. Its producing fields are located in federal and state waters in the Gulf of Mexico in water depths ranging from less than 10 feet up to 7,300 feet. Its fields include Ship Shoal 349 Field (Mahogany), Fairway Field, Viosca Knoll 783 Field (Viosca Knoll 783 (Tahoe) and Viosca Knoll 784 (SE Tahoe)), Mississippi Canyon 782 Field (Dantzler), Mississippi Canyon 698 Field (Big Bend), Mississippi Canyon 243 Field (Matterhorn), Ewing Bank 910, Brazos A-133 Field and Viosca Knoll 823 Field (Virgo).

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:WTI
  • CUSIP: 92922P10
  • Web: www.wtoffshore.com
Capitalization:
  • Market Cap: $327.28 million
  • Outstanding Shares: 137,513,000
Average Prices:
  • 50 Day Moving Avg: $2.28
  • 200 Day Moving Avg: $2.49
  • 52 Week Range: $1.31 - $3.47
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 6.26
  • P/E Growth: -0.09
Sales & Book Value:
  • Annual Revenue: $444.79 million
  • Price / Sales: 0.74
  • Book Value: ($4.60) per share
  • Price / Book: -0.52
Profitability:
  • EBIDTA: $214.61 million
  • Net Margins: -81.55%
  • Return on Assets: -15.17%
Debt:
  • Debt-to-Equity Ratio: -1.50%
  • Current Ratio: 0.64%
  • Quick Ratio: 0.64%
Misc:
  • Average Volume: 1.49 million shs.
  • Beta: 2.53
  • Short Ratio: 3.63
 

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

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 earnings results on Wednesday, May, 3rd. The company reported $0.16 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.05) by $0.21. The business earned $124.39 million during the quarter. View W&T Offshore's Earnings History.

When will W&T Offshore make its next earnings announcement?

W&T Offshore is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for W&T Offshore.

Where is W&T Offshore's stock going? Where will W&T Offshore's stock price be in 2017?

4 equities research analysts have issued 12-month price objectives for W&T Offshore's stock. Their forecasts range from $2.00 to $3.75. On average, they expect W&T Offshore's share price to reach $2.88 in the next twelve months. View Analyst Ratings for W&T Offshore.

What are analysts saying about W&T Offshore stock?

Here are some recent quotes from research analysts about W&T Offshore stock:

  • 1. According to Zacks Investment Research, "W&T Offshore is an independent oil and natural gas company focused primarily in the Gulf of Mexico area, including the deep water. They have grown through acquisition, exploitation and exploration. W&T has grown through acquisition, exploitation and exploration and now holds working interests in over two hundred fields in federal and state waters and a majority of its daily production is derived from wells it operates. " (5/10/2017)
  • 2. KLR Group analysts commented, "We are increasing our target price $0.50 to $3.75 per share due to a ~4% increase in our '17 volume forecast and a ~3% improvement in our operating expense assumptions. Our target price is anchored on a mid-cycle $80 and $4 natural gas price deck." (3/7/2017)

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

Who owns W&T Offshore stock?

W&T Offshore's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Edge Asset Management Inc. (1.76%), Vanguard Group Inc. (1.68%), California Public Employees Retirement System (1.33%), Schwab Charles Investment Management Inc. (0.91%), AQR Capital Management LLC (0.65%) and Parametric Portfolio Associates LLC (0.43%). Company insiders that own W&T Offshore stock include B Frank Stanley, John D Gibbons, S James Nelson, Stuart B Katz, Tracy W Krohn and Virginia Boulet. View Institutional Ownership Trends for W&T Offshore.

Who sold W&T Offshore stock? Who is selling W&T Offshore stock?

W&T Offshore's stock was sold by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Parametric Portfolio Associates LLC, Retirement Planning Group, Highbridge Capital Management LLC, TIAA CREF Investment Management LLC and Alliancebernstein L.P.. View Insider Buying and Selling for W&T Offshore.

Who bought W&T Offshore stock? Who is buying W&T Offshore stock?

W&T Offshore's stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Menta Capital LLC, Goldman Sachs Group Inc., Quantitative Investment Management LLC, Alambic Investment Management L.P., Schwab Charles Investment Management Inc., Engineers Gate Manager LP and AQR Capital Management LLC. Company insiders that have bought W&T Offshore stock in the last two years include B Frank Stanley, John D Gibbons, S James Nelson, Stuart B Katz, Tracy W Krohn and Virginia Boulet. View Insider Buying and Selling for W&T Offshore.

How do I buy W&T Offshore stock?

Shares of W&T Offshore can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of W&T Offshore stock cost?

One share of W&T Offshore stock can currently be purchased for approximately $2.38.

Analyst Ratings

Consensus Ratings for W&T Offshore (NYSE:WTI) (?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $2.88 (20.80% upside)

Analysts' Ratings History for W&T Offshore (NYSE:WTI)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/19/2017ValuEngineUpgradeSell -> HoldMediumView Rating Details
3/7/2017KLR GroupBoost Price TargetHold$3.25 -> $3.75N/AView Rating Details
1/26/2017Barclays PLCBoost Price TargetUnderweight$1.00 -> $2.00N/AView Rating Details
1/6/2017Capital One Financial Corp.UpgradeUnderweight -> Equal WeightN/AView Rating Details
1/13/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$4.25 -> $2.00N/AView Rating Details
10/7/2015BMO Capital MarketsLower Price Target$3.00 -> $2.00N/AView Rating Details
8/17/2015Iberia CapitalDowngradeOutperform -> Sector PerformN/AView Rating Details
8/7/2015SunTrust Banks, Inc.Lower Price Target$6.00 -> $5.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for W&T Offshore (NYSE:WTI)
Earnings by Quarter for W&T Offshore (NYSE:WTI)
Earnings History by Quarter for W&T Offshore (NYSE:WTI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2017        
5/3/2017Q1 2017($0.05)$0.16$124.39 millionViewListenView Earnings Details
3/1/2017Q416($0.13)$0.06$118.55 million$115.20 millionViewListenView Earnings Details
11/2/2016Q316($0.43)($0.24)$109.57 million$107.40 millionViewN/AView Earnings Details
8/4/2016Q216($0.69)($0.47)$102.64 million$99.70 millionViewN/AView Earnings Details
5/4/2016Q116($0.90)($0.95)$97.92 million$77.70 millionViewN/AView Earnings Details
3/8/2016Q415($0.83)($0.44)$109.50 million$104.06 millionViewN/AView Earnings Details
11/4/2015Q315($0.94)($0.82)$129.52 million$126.20 millionViewN/AView Earnings Details
8/5/2015Q215($0.77)($0.54)$130.88 million$149.07 millionViewN/AView Earnings Details
5/6/2015Q115($0.79)($1.13)$138.50 million$127.91 millionViewN/AView Earnings Details
3/4/2015Q414($0.40)($0.53)$205.20 million$196.68 millionViewN/AView Earnings Details
11/5/2014Q314($0.06)$0.01$232.60 million$234.50 millionViewN/AView Earnings Details
8/6/2014Q214$0.14$0.24$254.51 million$262.99 millionViewN/AView Earnings Details
5/6/2014Q114$0.21$0.21$244.83 million$254.52 millionViewN/AView Earnings Details
3/6/2014Q413$0.05($0.09)$245.94 million$244.93 millionViewN/AView Earnings Details
11/6/2013Q313$0.24$0.20$240.93 million$244.60 millionViewN/AView Earnings Details
5/7/2013Q1 2013$0.29$0.35$239.06 million$259.22 millionViewN/AView Earnings Details
2/26/2013Q4 2012$0.23$0.26$227.21 million$237.15 millionViewN/AView Earnings Details
7/30/2012$0.26$0.28ViewN/AView Earnings Details
5/8/2012$0.47$0.40ViewN/AView Earnings Details
2/23/2012$0.42$0.69ViewN/AView Earnings Details
10/31/2011$0.56$0.56ViewN/AView Earnings Details
8/3/2011$0.43$0.71ViewN/AView Earnings Details
4/26/2011$0.31$0.43ViewN/AView Earnings Details
3/2/2011$0.36$0.40ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for W&T Offshore (NYSE:WTI)
2017 EPS Consensus Estimate: ($0.43)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172($0.29)$0.09($0.10)
Q2 20172($0.20)$0.15($0.03)
Q3 20171($0.25)($0.25)($0.25)
Q4 20172($0.26)$0.16($0.05)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for W&T Offshore (NYSE:WTI)
Most Recent Dividend:12/3/2014
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for W&T Offshore (NYSE:WTI)

Dividend History by Quarter for W&T Offshore (NYSE:WTI)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/6/2014quarterly$0.104.3%11/14/201411/18/201412/3/2014
8/7/2014quarterly$0.102.71%8/20/20148/22/20149/12/2014
5/7/2014quarterly$0.102.55%5/21/20145/23/20146/4/2014
3/7/2014quarterly$0.102.66%3/14/20143/18/20143/31/2014
12/11/2013special$0.422.68%12/19/201312/23/201312/27/2013
11/7/2013quarterly$0.102.22%11/14/201311/18/201312/3/2013
8/7/2013quarterly$0.092.3%8/20/20138/22/20139/12/2013
5/7/2013quarterly$0.092.45%5/22/20135/24/20136/4/2013
2/27/2013quarterly$0.082.15%3/13/20133/15/20133/29/2013
12/14/2012special$0.3212/20/201212/24/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for W&T Offshore (NYSE:WTI)
Insider Ownership Percentage: 54.08%
Institutional Ownership Percentage: 49.09%
Insider Trades by Quarter for W&T Offshore (NYSE:WTI)
Institutional Ownership by Quarter for W&T Offshore (NYSE:WTI)
Insider Trades by Quarter for W&T Offshore (NYSE:WTI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/13/2016John D GibbonsCFOBuy35,000$2.20$77,000.00View SEC Filing  
12/9/2016Tracy W KrohnCEOBuy835,308$1.95$1,628,850.60View SEC Filing  
12/8/2016Tracy W KrohnCEOBuy1,180,888$1.94$2,290,922.72View SEC Filing  
11/29/2016Stuart B KatzDirectorBuy25,000$1.57$39,250.00View SEC Filing  
9/15/2016Virginia BouletDirectorBuy16,700$1.59$26,553.00View SEC Filing  
11/11/2015S James NelsonDirectorBuy9,000$3.70$33,300.00View SEC Filing  
9/11/2015Virginia BouletDirectorBuy12,750$3.15$40,162.50View SEC Filing  
9/9/2015B Frank StanleyDirectorBuy11,000$3.67$40,370.00View SEC Filing  
9/8/2015Stuart B KatzDirectorBuy12,000$3.64$43,680.00View SEC Filing  
8/12/2014Stuart B KatzDirectorBuy3,000$13.61$40,830.00View SEC Filing  
5/21/2014B Frank StanleyDirectorBuy3,000$14.88$44,640.00View SEC Filing  
5/16/2014S James NelsonDirectorBuy2,500$14.79$36,975.00View SEC Filing  
11/18/2013Robert IsraelDirectorBuy3,850$18.04$69,454.00View SEC Filing  
9/17/2013Virginia BouletDirectorBuy2,285$17.50$39,987.50View SEC Filing  
8/15/2013S James NelsonDirectorBuy2,500$15.33$38,325.00View SEC Filing  
6/4/2013Tracy KrohnCEOBuy2,490$14.48$36,055.20View SEC Filing  
11/15/2012B Frank StanleyDirectorBuy2,700$15.40$41,580.00View SEC Filing  
11/7/2012Virginia BouletDirectorBuy1,150$17.30$19,895.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for W&T Offshore (NYSE:WTI)
Latest Headlines for W&T Offshore (NYSE:WTI)
Source:
DateHeadline
americanbankingnews.com logoW&T Offshore, Inc. (WTI) Rating Increased to Hold at ValuEngine
www.americanbankingnews.com - May 19 at 3:28 PM
finance.yahoo.com logoETFs with exposure to W&T Offshore, Inc. : May 18, 2017
finance.yahoo.com - May 19 at 1:49 PM
finance.yahoo.com logoW&T Offshore, Inc. :WTI-US: Earnings Analysis: Q1, 2017 By the Numbers : May 17, 2017
finance.yahoo.com - May 18 at 9:07 AM
finance.yahoo.com logo4 Oil Stocks That Continue to Crush Earnings Estimates
finance.yahoo.com - May 11 at 3:15 PM
americanbankingnews.com logo Analysts Anticipate W&T Offshore, Inc. (WTI) to Post $0.15 EPS
www.americanbankingnews.com - May 11 at 8:06 AM
finance.yahoo.com logoWhy W&T Offshore Shares Dropped 26.4% in April?
finance.yahoo.com - May 11 at 3:33 AM
americanbankingnews.com logoW&T Offshore, Inc. (WTI) Upgraded to "Buy" by Zacks Investment Research
www.americanbankingnews.com - May 10 at 11:40 AM
finance.yahoo.com logoEOG Resources (EOG) Q1 Earnings in Line, Revenues Beat
finance.yahoo.com - May 9 at 8:13 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for W&T Offshore, Inc. (WTI) Reduced by Analyst
www.americanbankingnews.com - May 8 at 10:44 AM
americanbankingnews.com logoW&T Offshore, Inc. (WTI) Releases Earnings Results, Beats Estimates By $0.20 EPS
www.americanbankingnews.com - May 4 at 4:02 PM
americanbankingnews.com logoW&T Offshore, Inc. (WTI) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - May 4 at 10:43 AM
finance.yahoo.com logoW&T posts 1Q profit
finance.yahoo.com - May 4 at 12:03 AM
finance.yahoo.com logoW&T Offshore Announces First Quarter 2017 Operational and Financial Results - Yahoo Finance
finance.yahoo.com - May 3 at 7:02 PM
finance.yahoo.com logoW&T Offshore Announces First Quarter 2017 Operational and Financial Results
finance.yahoo.com - May 3 at 7:02 PM
americanbankingnews.com logoSomewhat Positive Media Coverage Extremely Likely to Impact W&T Offshore (WTI) Stock Price
www.americanbankingnews.com - May 2 at 11:02 AM
americanbankingnews.com logoW&T Offshore, Inc. (WTI) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - May 1 at 4:26 PM
americanbankingnews.com logoFavorable News Coverage Extremely Likely to Affect W&T Offshore (WTI) Stock Price
www.americanbankingnews.com - April 28 at 8:36 AM
americanbankingnews.com logoQ1 2017 Earnings Forecast for W&T Offshore, Inc. (WTI) Issued By Capital One Financial Corp.
www.americanbankingnews.com - April 27 at 7:26 AM
americanbankingnews.com logoW&T Offshore (WTI) Earning Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 25 at 3:17 PM
americanbankingnews.com logoFY2017 EPS Estimates for W&T Offshore, Inc. Cut by Capital One Financial Corp. (WTI)
www.americanbankingnews.com - April 24 at 8:46 AM
fool.com logoOil and Gas Stock Roundup: Crude Wobbles, Taking Oil Stock Down With It
www.fool.com - April 22 at 10:34 AM
finance.yahoo.com logoW&T Offshore Announces First Quarter 2017 Financial and Operational Results Release and Conference Call Schedule
finance.yahoo.com - April 21 at 1:20 AM
finance.yahoo.com logoW&T Offshore Announces Promotions of Janet Yang and James Hersch to Vice President
finance.yahoo.com - April 21 at 1:20 AM
americanbankingnews.com logo$0.13 Earnings Per Share Expected for W&T Offshore, Inc. (WTI) This Quarter
www.americanbankingnews.com - April 20 at 11:17 AM
americanbankingnews.com logoW&T Offshore (WTI) Given Media Impact Score of 0.54
www.americanbankingnews.com - April 19 at 9:11 AM
finance.yahoo.com logoW&T Offshore Announces Retirement of Tom Getten and appointment of Shahid Ghauri as General Counsel - Yahoo Finance
finance.yahoo.com - April 19 at 8:08 AM
finance.yahoo.com logoHouston energy company names new general counsel
finance.yahoo.com - April 18 at 7:49 PM
finance.yahoo.com logoW&T Offshore Announces Retirement of Tom Getten and appointment of Shahid Ghauri as General Counsel
finance.yahoo.com - April 18 at 8:13 AM
finance.yahoo.com logoETFs with exposure to W&T Offshore, Inc. : April 7, 2017
finance.yahoo.com - April 7 at 6:37 PM
prnewswire.com logoW&T Offshore To Present At The 2017 IPAA Oil & Gas Investment Symposium in NYC - PR Newswire (press release)
www.prnewswire.com - March 30 at 3:31 PM
finance.yahoo.com logoW&T Offshore To Present At The 2017 IPAA Oil & Gas Investment Symposium in NYC
finance.yahoo.com - March 29 at 8:47 AM
nasdaq.com logo5 Oil E&Ps to Buy Even If Banks Lower Credit Lines
www.nasdaq.com - March 24 at 2:32 AM
biz.yahoo.com logoW&T OFFSHORE INC Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - March 23 at 8:45 AM
finance.yahoo.com logoW&T Offshore To Present At The 29th Annual ROTH Conference
finance.yahoo.com - March 11 at 11:21 AM
finance.yahoo.com logoW&T OFFSHORE INC Financials
finance.yahoo.com - March 9 at 5:40 AM
investopedia.com logoThe Energy Sectors Takes it on the Chin
www.investopedia.com - March 9 at 5:40 AM
seekingalpha.com logoW&T Offshore - A Complete Review Of Q4 2016 Results - Seeking Alpha
seekingalpha.com - March 7 at 8:13 AM
biz.yahoo.com logoW&T OFFSHORE INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits
us.rd.yahoo.com - March 3 at 7:16 AM
us.rd.yahoo.com logoEdited Transcript of WTI earnings conference call or presentation 2-Mar-17 2:30pm GMT
us.rd.yahoo.com - March 3 at 7:16 AM
fool.com logoWhy Abercrombie & Fitch, W&T Offshore, and Sarepta Therapeutics Jumped Today
www.fool.com - March 2 at 4:49 PM
seekingalpha.com logoW&T Offshore +10% after surprise Q4 profit; sees $125M in 2017 capex
seekingalpha.com - March 2 at 4:01 PM
fool.com logoWhy Shares of W&T Offshore Inc. Popped Almost 17% Today
www.fool.com - March 2 at 3:20 PM
finance.yahoo.com logoW&T Offshore Announces Fourth Quarter 2016 Operational and Financial Results and 2017 Annual Meeting …
finance.yahoo.com - March 2 at 1:58 AM
us.rd.yahoo.com logoW&T Offshore Announces Fourth Quarter 2016 Operational and Financial Results and 2017 Annual Meeting of Shareholders on May 3, 2017
us.rd.yahoo.com - March 2 at 1:58 AM
finance.yahoo.com logoKinder Morgan Divests 49% Stake in Elba Liquefaction to EIG
finance.yahoo.com - March 1 at 8:18 AM
biz.yahoo.com logoQ4 2016 W&T Offshore Inc Earnings Release - After Market Close
biz.yahoo.com - March 1 at 8:18 AM
us.rd.yahoo.com logoA Look at W&T Offshore’s Stock Price Range
us.rd.yahoo.com - February 28 at 10:58 AM
us.rd.yahoo.com logoA Look at W&T Offshore’s 2016 Capital Expenditure Guidance
us.rd.yahoo.com - February 25 at 4:30 AM
us.rd.yahoo.com logoW&T Offshore Expected to Reduce Net Losses in 4Q16
us.rd.yahoo.com - February 24 at 12:17 AM
finance.yahoo.com logoEmerge Energy Services (EMES) Q4 Earnings: Stock to Beat?
finance.yahoo.com - February 22 at 10:58 AM

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Chart

W&T Offshore (WTI) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff