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W&T Offshore Stock Price, Forecast & Analysis (NYSE:WTI)

$4.03
+0.06 (+1.51 %)
(As of 11/22/2019 08:53 AM ET)
Today's Range
$3.95
Now: $4.03
$4.12
50-Day Range
$3.95
MA: $4.21
$4.51
52-Week Range
$3.62
Now: $4.03
$7.18
Volume2.94 million shs
Average Volume2.86 million shs
Market Capitalization$566.98 million
P/E Ratio3.99
Dividend YieldN/A
Beta2.92
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. Read More…

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$580.71 million
Cash Flow$2.14 per share
Book Value($1.83) per share

Profitability

Net Income$248.83 million

Miscellaneous

Employees282
Market Cap$566.98 million
Next Earnings Date2/26/2020 (Estimated)
OptionableOptionable

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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) released its earnings results on Wednesday, October, 30th. The oil and gas company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.08. The oil and gas company had revenue of $132.20 million for the quarter, compared to the consensus estimate of $133.52 million. W&T Offshore had a negative return on equity of 29.02% and a net margin of 38.63%. The firm's revenue was down 13.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.30 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 26th 2020. View Earnings Estimates for W&T Offshore.

What price target have analysts set for WTI?

4 Wall Street analysts have issued 1-year price objectives for W&T Offshore's shares. Their forecasts range from $10.00 to $11.00. On average, they anticipate W&T Offshore's share price to reach $10.50 in the next twelve months. This suggests a possible upside of 160.5% 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 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for W&T Offshore.

Has W&T Offshore been receiving favorable news coverage?

News coverage about WTI stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. W&T Offshore earned a news sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for W&T Offshore.

Are investors shorting W&T Offshore?

W&T Offshore saw a increase in short interest in October. As of October 15th, there was short interest totalling 12,200,000 shares, an increase of 16.9% from the September 15th total of 10,440,000 shares. Based on an average trading volume of 2,490,000 shares, the days-to-cover ratio is currently 4.9 days. Approximately 13.2% of the company's shares are sold short. View W&T Offshore's Current Options Chain.

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

What other stocks do shareholders of W&T Offshore own?

Based on aggregate information from My MarketBeat watchlists, some companies that other W&T Offshore investors own include Advanced Micro Devices (AMD), Chesapeake Energy (CHK), Callon Petroleum (CPE), Range Resources (RRC), Micron Technology (MU), Cleveland-Cliffs (CLF), General Electric (GE), Coeur Mining (CDE), JetBlue Airways (JBLU) and Netflix (NFLX).

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
  • Al Petrie, Investor Relations Coordinator

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 Foundry Partners LLC (1.14%), California Public Employees Retirement System (0.57%), First Trust Advisors LP (0.38%), First Quadrant L P CA (0.24%), James Investment Research Inc. (0.13%) and Russell Investments Group Ltd. (0.13%). Company insiders that own W&T Offshore stock include B Frank Stanley, David M Bump, John D Gibbons, Shahid Ghauri, Stephen L Schroeder, Stuart B Katz, Tracy W Krohn, Virginia Boulet and William J Williford. 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 First Quadrant L P CA, Virginia Retirement Systems ET AL, State of Tennessee Treasury Department and Meeder Asset Management Inc.. View Insider Buying and Selling for W&T Offshore.

Which institutional investors are buying W&T Offshore stock?

WTI stock was acquired by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Russell Investments Group Ltd., Denali Advisors LLC, First Trust Advisors LP, California Public Employees Retirement System, SG Americas Securities LLC, Rhumbline Advisers and Tower Research Capital LLC TRC . Company insiders that have bought W&T Offshore stock in the last two years include B Frank Stanley, Shahid Ghauri, Stuart B Katz, Tracy W Krohn, Virginia Boulet and William J Williford. 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, Robinhood, Fidelity and Charles Schwab.

What is W&T Offshore's stock price today?

One share of WTI stock can currently be purchased for approximately $4.03.

How big of a company is W&T Offshore?

W&T Offshore has a market capitalization of $566.98 million and generates $580.71 million in revenue each year. The oil and gas company earns $248.83 million in net income (profit) each year or $1.01 on an earnings per share basis. W&T Offshore employs 282 workers across the globe.View Additional Information About W&T Offshore.

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:  221 (Vote Outperform)
Underperform Votes:  414 (Vote Underperform)
Total Votes:  635
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 11/22/2019 by MarketBeat.com Staff

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