W&T Offshore Company Profile (NYSE:WTI)

About W&T Offshore

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. The Company owns a platform in the Gulf of Mexico located in a National Marine Sanctuary. The Company's fields are located in federal and state waters in the Gulf of Mexico. The fields are found in water depths ranging from 10 feet to 7,200 feet. The Company's fields include Ship Shoal 349 Field (Mahogany), Fairway Field, Miss. Canyon 243 (Matterhorn), Viosca Knoll 783 (Tahoe/SE Tahoe), Miss. Canyon 782 (Dantzler), Main Pass 108, Brazos A133, Ewing Bank 910, Miss. Canyon 698 (Big Bend) and Miss. Canyon 538/582 (Medusa). The Company sells its crude oil, natural gas liquids (NGLs) and natural gas to third-party customers. The Company's subsidiary is W & T Energy VI, LLC.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: Oil & Gas Exploration & Production
  • Exchange: NYSE
  • Symbol: WTI
  • CUSIP: 92922P10
Key Metrics:
  • Previous Close: $1.81
  • 50 Day Moving Average: $1.9894
  • 200 Day Moving Average: $2.1626
  • 52-Week Range: $1.23 - $4.00
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.65
  • P/E Growth: 0.0300
  • Market Cap: $139.37M
  • Outstanding Shares: 76,473,000
  • Beta: 2.78
Additional Links:
Companies Related to W&T Offshore:

Analyst Ratings

Consensus Ratings for W&T Offshore (NYSE:WTI) (?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $2.38 (31.22% upside)

Analysts' Ratings History for W&T Offshore (NYSE:WTI)
Show:
DateFirmActionRatingPrice TargetDetails
3/28/2016Capital One Financial Corp.UpgradeUnderweight -> Equal WeightView Rating Details
3/10/2016KLR GroupDowngradeBuy -> Hold$3.50View Rating Details
1/28/2016Barclays PLCLower Price TargetEqual Weight$4.00 -> $2.00View Rating Details
1/13/2016Seaport Global SecuritiesDowngradeAccumulate -> Neutral$4.25 -> $2.00View Rating Details
10/7/2015BMO Capital MarketsLower Price Target$3.00 -> $2.00View Rating Details
8/17/2015Iberia CapitalDowngradeOutperform -> Sector PerformView Rating Details
8/7/2015SunTrust Banks Inc.Lower Price Target$6.00 -> $5.00View Rating Details
2/2/2015Howard WeilLower Price TargetSector Perform$9.00 -> $6.00View Rating Details
(Data available from 8/30/2014 forward)

Earnings

Earnings History for W&T Offshore (NYSE:WTI)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2016        
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)$122.53 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)$211.14 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$253.76 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)
Current Year EPS Consensus Estimate: $-2.37 EPS
Next Year EPS Consensus Estimate: $-1.1 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163($0.96)($0.79)($0.86)
Q2 20162($0.75)($0.68)($0.72)
Q3 20162($0.51)($0.35)($0.43)
Q4 20162($0.39)($0.31)($0.35)
Q1 20171($0.36)($0.36)($0.36)
Q2 20171($0.38)($0.38)($0.38)
Q3 20171($0.36)($0.36)($0.36)
Q4 20171($0.32)($0.32)($0.32)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for W&T Offshore (NYSE:WTI)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

Dividend History 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 History for W&T Offshore (NYSE:WTI)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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

Latest Headlines for W&T Offshore (NYSE:WTI)
DateHeadline
News IconZeroing Our Focus on W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - August 30 at 11:36 AM
News IconWhich way W&T Offshore Inc. (NYSE:WTI) earnings may go - The Voice Registrar (NYSE:WTI)
voiceregistrar.com - August 30 at 11:36 AM
marketrealist.com logoHedge Funds Net Long Positions in WTI Contracts Rose (NYSE:WTI)
marketrealist.com - August 29 at 8:15 PM
News IconW&T Offshore, Inc. (NYSE:WTI) Analyst Estimates - The Independent Republic (NYSE:WTI)
theindependentrepublic.com - August 27 at 6:01 AM
News IconWhat Wall Street is saying about W&T Offshore, Inc. (NYSE:WTI) - The Independent Republic (NYSE:WTI)
theindependentrepublic.com - August 25 at 8:34 PM
marketwatch.com logoResearch Reports on Select Oil & Gas Stocks -- Concho Resources, RSP Permian, Enerplus, and W&T Offshore (NYSE:WTI)
www.marketwatch.com - August 24 at 11:23 AM
4-traders.com logoW&T Offshore : Research Reports on Select Oil & Gas Stocks -- Concho Resources, RSP Permian, Enerplus, and W&T Offshore (NYSE:WTI)
www.4-traders.com - August 24 at 11:23 AM
marketrealist.com logoHedge Funds Increased Net Long Positions in WTI Contracts Last Week (NYSE:WTI)
marketrealist.com - August 23 at 11:16 AM
News IconW&T Offshore Inc.'s (WTI): Investors Alert - Hot Stocks Point (NYSE:WTI)
www.hotstockspoint.com - August 22 at 8:16 PM
investornewswire.com logoW&T Offshore, Inc. (NYSE:WTI) Reports Sales Of $99.655, Surprising Estimates By -4.085% - Investor Newswire (NYSE:WTI)
www.investornewswire.com - August 22 at 8:16 PM
News IconSmall Cap Insight on Shares of W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - August 21 at 5:49 AM
finance.yahoo.com logoHere's a quick guide to what traders are talking about right now (NYSE:WTI)
finance.yahoo.com - August 17 at 11:17 AM
investornewswire.com logoAnalysts See Sales Of $480.595 For W&T Offshore, Inc. (NYSE:WTI) - Investor Newswire (NYSE:WTI)
www.investornewswire.com - August 16 at 8:25 PM
News IconA Closer Look at W&T Offshore Inc. (NYSE:WTI) - Duncan Research (NYSE:WTI)
www.duncanindependent.com - August 16 at 8:25 PM
feeds.reuters.com logoBRIEF-W&T Offshore extends early participation date, eliminates minimum tender condition (NYSE:WTI)
feeds.reuters.com - August 16 at 5:02 PM
investopedia.com logoU.S. EIA Expects U.S. Oil Output to Decline Again (NYSE:WTI)
www.investopedia.com - August 16 at 11:42 AM
finance.yahoo.com logoW&T OFFSHORE INC Financials (NYSE:WTI)
finance.yahoo.com - August 13 at 7:48 PM
streetupdates.com logoAnalyst's Focused Stocks: W&T Offshore, Inc. (NYSE:WTI) , Bonanza Creek Energy, Inc. (NYSE:BCEI) - Street Updates (NYSE:WTI)
www.streetupdates.com - August 9 at 8:40 PM
News IconDENTSPLY SIRONA (NASDAQ:XRAY) & W&T Offshore, Inc. (NYSE:WTI) Stocks in Queue - Money News (press release) (NYSE:WTI)
www.newsismoney.com - August 9 at 8:40 PM
fortune.com logoLooking At Recent Analyst Ratings: Amkor Technology, Inc. (NASDAQ:AMKR), W&T Offshore, Inc. (NYSE:WTI) - Review Fortune (NYSE:WTI)
reviewfortune.com - August 9 at 8:40 PM
equities.com logoW&T Offshore Inc. (WTI) Jumps 7.65% on August 08 - Equities.com (NYSE:WTI)
www.equities.com - August 9 at 8:40 PM
twst.com logoW&T Offshore Inc.: W&T Offshore Announces Special Meeting of Shareholders (NYSE:WTI)
www.twst.com - August 9 at 11:49 AM
investornewswire.com logoW&T Offshore, Inc. (NYSE:WTI) Records An Estimated Annual Sales Mean Of $496.365 - Investor Newswire (NYSE:WTI)
www.investornewswire.com - August 8 at 8:33 PM
streetupdates.com logoAnalysts Observable Stocks: W&T Offshore, Inc. (NYSE:WTI) , Kosmos Energy Ltd. (NYSE:KOS) - Street Updates (NYSE:WTI)
www.streetupdates.com - August 8 at 8:33 PM
fortune.com logoW&T Offshore Inc. (NYSE:WTI) Insider Activities Are in the Air - Review Fortune (NYSE:WTI)
reviewfortune.com - August 8 at 8:33 PM
publicnow.com logoW&T Offshore Announces Special Meeting of Shareholders (NYSE:WTI)
www.publicnow.com - August 8 at 8:33 PM
News IconDividend Paying Stock: W&T Offshore Inc. (NYSE:WTI) - TWN (NYSE:WTI)
thewellesleysnews.com - August 7 at 7:53 PM
News IconDividend Paying Stock: W&T Offshore Inc. (NYSE:WTI) – The ... - TWN (NYSE:WTI)
thewellesleysnews.com - August 6 at 8:11 PM
equities.com logoW&T Offshore Inc. (WTI) Jumps 6.52% on August 05 - Equities.com (NYSE:WTI)
www.equities.com - August 6 at 8:11 PM
finance.yahoo.com logoEdited Transcript of WTI earnings conference call or presentation 5-Aug-16 1:30pm GMT (NYSE:WTI)
finance.yahoo.com - August 6 at 10:52 AM
finance.yahoo.com logoW&T Offshore Announces Second Quarter 2016 Operations and Financial Results along with Third Quarter … (NYSE:WTI)
finance.yahoo.com - August 5 at 8:33 PM
biz.yahoo.com logoW&T OFFSHORE INC Files SEC form 10-Q, Quarterly Report (NYSE:WTI)
biz.yahoo.com - August 5 at 11:26 AM
zacks.com logoW&T Offshore (WTI) is Oversold: Can It Recover? (NYSE:WTI)
www.zacks.com - August 4 at 11:37 AM
biz.yahoo.com logoQ2 2016 W&T Offshore Inc Earnings Release - After Market Close (NYSE:WTI)
biz.yahoo.com - August 4 at 11:37 AM
istreetwire.com logoTraders Watch list: Achillion Pharmaceuticals (ACHN), Cardinal Health (CAH), W&T Offshore (WTI) - iStreetWire (NYSE:WTI)
istreetwire.com - August 3 at 8:43 PM
biz.yahoo.com logoW&T OFFSHORE INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Oblig (NYSE:WTI)
biz.yahoo.com - August 3 at 8:43 PM
News IconPay Close Attention To Analyst Ratings For W&T Offshore, Inc. (NYSE:WTI) - The Voice Registrar (NYSE:WTI)
voiceregistrar.com - August 2 at 8:44 PM
nasdaq.com logoW&T Offshore (WTI) is Oversold: Can It Recover? - Nasdaq (NYSE:WTI)
www.nasdaq.com - August 2 at 8:44 PM
equities.com logoW&T Offshore Inc. (WTI) Drops 12.56% on August 01 - Equities.com (NYSE:WTI)
www.equities.com - August 2 at 8:44 PM
fortune.com logoIdentifying Analyst Ratings Summary To Consider: W&T Offshore ... - Review Fortune (NYSE:WTI)
reviewfortune.com - August 2 at 6:19 AM
ftsenews.co.uk logoNew Broker Ratings For W&T Offshore, Inc. (NYSE:WTI) - FTSE News (NYSE:WTI)
www.ftsenews.co.uk - July 28 at 8:49 PM
twst.com logoW&T Offshore Inc.: W&T Offshore Announces Commencement of Exchange Offer and Consent Solicitation (NYSE:WTI)
www.twst.com - July 27 at 11:33 AM
investornewswire.com logoExpected For W&T Offshore, Inc. (NYSE:WTI) Sales Of $496.365 - Investor Newswire (NYSE:WTI)
www.investornewswire.com - July 26 at 11:54 AM
4-traders.com logoW&T Offshore : Announces Commencement of Exchange Offer and Consent Solicitation (NYSE:WTI)
www.4-traders.com - July 25 at 8:31 PM
bloomberg.com logoEnergy Companies Buy Time by Paying Debt Interest With More Debt (NYSE:WTI)
www.bloomberg.com - July 25 at 1:31 PM
finance.yahoo.com logoW&T Offshore, Foresight Set Bond Swaps to Ride Out Energy Slump (NYSE:WTI)
finance.yahoo.com - July 25 at 1:31 PM
feeds.reuters.com logoBRIEF-W&T Offshore announces commencement of exchange offer (NYSE:WTI)
feeds.reuters.com - July 25 at 8:52 AM
biz.yahoo.com logoW&T OFFSHORE INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Statements a (NYSE:WTI)
biz.yahoo.com - July 25 at 8:22 AM
publicnow.com logoW&T Offshore Announces Commencement of Exchange Offer and Consent Solicitation (NYSE:WTI)
www.publicnow.com - July 25 at 8:18 AM
finance.yahoo.com logo8:10 am W&T Offshore announces the commencement of an exchange offer and consent solicitation to eligible holders of its outstanding 8.500% senior notes due 2019 (NYSE:WTI)
finance.yahoo.com - July 25 at 8:10 AM

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W&T Offshore (NYSE:WTI) Chart for Tuesday, August, 30, 2016


Last Updated on 8/30/2016 by MarketBeat.com Staff