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

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$5.08 -0.09 (-1.74 %)
(As of 12/13/2018 03:17 AM ET)
Previous Close$5.17
Today's Range$5.06 - $5.33
52-Week Range$2.60 - $9.88
Volume3.46 million shs
Average Volume3.29 million shs
Market Capitalization$809.88 million
P/E Ratio9.07
Dividend YieldN/A
Beta2.78
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
Current SymbolNYSE:WTI
Previous Symbol
CUSIP92922P10
Phone713-626-8525

Debt

Debt-to-Equity RatioN/A
Current Ratio1.10
Quick Ratio1.10

Price-To-Earnings

Trailing P/E Ratio9.07
Forward P/E Ratio5.35
P/E GrowthN/A

Sales & Book Value

Annual Sales$487.10 million
Price / Sales1.45
Cash Flow$1.5030 per share
Price / Cash Flow3.38
Book Value($4.16) per share
Price / Book-1.22

Profitability

EPS (Most Recent Fiscal Year)$0.56
Net Income$79.68 million
Net Margins23.54%
Return on Equity-26.51%
Return on Assets14.14%

Miscellaneous

Employees298
Outstanding Shares139,150,000
Market Cap$809.88 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) posted its quarterly earnings data on Wednesday, October, 31st. The oil and gas company reported $0.30 EPS for the quarter, beating the Zacks' consensus estimate of $0.24 by $0.06. The oil and gas company earned $153.50 million during the quarter, compared to the consensus estimate of $146.97 million. W&T Offshore had a net margin of 23.54% and a negative return on equity of 26.51%. The company's quarterly revenue was up 39.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.04 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, February 27th 2019. View Earnings Estimates for W&T Offshore.

What price target have analysts set for WTI?

4 analysts have issued 1 year price targets for W&T Offshore's stock. 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 67.3% 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?

Press coverage about WTI stock has been trending very positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. W&T Offshore earned a news impact score of 3.6 on InfoTrie's scale. They also assigned news headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

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. Stephen L. Schroeder, Sr. VP & CTO (Age 55)
  • Mr. Shahid A. Ghauri, VP, Gen. Counsel & Corp. Sec. (Age 49)
  • 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 number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.88%), Renaissance Technologies LLC (5.07%), JPMorgan Chase & Co. (3.66%), JPMorgan Chase & Co. (3.66%), Dimensional Fund Advisors LP (3.48%) and LSV Asset Management (3.08%). 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 selling W&T Offshore stock?

WTI stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., AQR Capital Management LLC, Connor Clark & Lunn Investment Management Ltd., Hsbc Holdings PLC, TIAA CREF Investment Management LLC, Panagora Asset Management Inc. and Northpointe Capital LLC. 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 institutional investors are buying W&T Offshore stock?

WTI stock was bought by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Renaissance Technologies LLC, Deutsche Bank AG, Vanguard Group Inc., American Century Companies Inc., Man Group plc, FMR LLC and SG Americas Securities 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 $5.08.

How big of a company is W&T Offshore?

W&T Offshore has a market capitalization of $809.88 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:  180 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  529
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 12/13/2018 by MarketBeat.com Staff

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