NYSE:WTI W&T Offshore - WTI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding W&T Offshore, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $4.53 -0.04 (-0.88%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$4.49▼$4.6650-Day Range$4.53▼$6.5052-Week Range$3.57▼$9.16Volume3.92 million shsAverage Volume3.04 million shsMarket Capitalization$663.46 millionP/E Ratio2.85Dividend YieldN/APrice Target$9.10 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media W&T Offshore MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside100.9% Upside$9.10 Price TargetShort InterestBearish15.57% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-40.74%From $1.08 to $0.64 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.83 out of 5 starsOils/Energy Sector204th out of 243 stocksCrude Petroleum & Natural Gas Industry70th out of 78 stocks 3.5 Analyst's Opinion Consensus RatingW&T Offshore has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.10, W&T Offshore has a forecasted upside of 100.9% from its current price of $4.53.Amount of Analyst CoverageW&T Offshore has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted15.57% of the float of W&T Offshore has been sold short.Short Interest Ratio / Days to CoverW&T Offshore has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in W&T Offshore has recently increased by 8.79%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldW&T Offshore does not currently pay a dividend.Dividend GrowthW&T Offshore does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WTI. Previous Next 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for W&T Offshore this week, compared to 4 articles on an average week.Search InterestOnly 23 people have searched for WTI on MarketBeat in the last 30 days. This is a decrease of -47% compared to the previous 30 days.MarketBeat FollowsOnly 7 people have added W&T Offshore to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, W&T Offshore insiders have not sold or bought any company stock.Percentage Held by Insiders34.40% of the stock of W&T Offshore is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions51.19% of the stock of W&T Offshore is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for W&T Offshore are expected to decrease by -40.74% in the coming year, from $1.08 to $0.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of W&T Offshore is 2.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.85.Price to Earnings Ratio vs. SectorThe P/E ratio of W&T Offshore is 2.85, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 63.24.Price to Book Value per Share RatioW&T Offshore has a P/B Ratio of 90.60. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About W&T Offshore (NYSE:WTI) StockW&T Offshore, Inc. engages in the production, exploration, development, and acquisition of oil and natural gas properties. It focuses its operations in the Gulf of Mexico. The company was founded by Tracy W. Krohn in 1983 and is headquartered in Houston, TX.Read More Receive WTI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for W&T Offshore and its competitors with MarketBeat's FREE daily newsletter. Email Address WTI Stock News HeadlinesMarch 17, 2023 | americanbankingnews.comW&T Offshore (NYSE:WTI) Now Covered by Analysts at StockNews.comMarch 9, 2023 | finance.yahoo.comEstimating The Intrinsic Value Of W&T Offshore, Inc. (NYSE:WTI)March 21, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 9, 2023 | finance.yahoo.comQ4 2022 W&T Offshore Inc Earnings CallMarch 7, 2023 | finance.yahoo.comW&T Offshore Announces Fourth Quarter and Full Year 2022 Results Including Year-End 2022 Proved Reserves; Provides Guidance for 2023March 7, 2023 | finance.yahoo.comW&T Offshore Announces Fourth Quarter and Full Year 2022 Results Including Year-End 2022 Proved Reserves; Provides Guidance for 2023March 6, 2023 | finance.yahoo.comHighPeak Energy, Inc. (HPK) Q4 Earnings Lag EstimatesMarch 6, 2023 | msn.comEarnings Outlook For W&T OffshoreMarch 21, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 6, 2023 | seekingalpha.comW&T Offshore Q4 2022 Earnings PreviewMarch 3, 2023 | finance.yahoo.comW&T Offshore (WTI) Outpaces Stock Market Gains: What You Should KnowMarch 1, 2023 | finance.yahoo.comEarnings Preview: W&T Offshore (WTI) Q4 Earnings Expected to DeclineFebruary 27, 2023 | finance.yahoo.comW&T Offshore Announces Timing of Fourth Quarter and Full Year 2022 Earnings Reporting and Participation in the 35th Annual Roth ConferenceFebruary 27, 2023 | finance.yahoo.comW&T Offshore Announces Timing of Fourth Quarter and Full Year 2022 Earnings Reporting and Participation in the 35th Annual Roth ConferenceFebruary 13, 2023 | finance.yahoo.comW&T Offshore (WTI) Stock Sinks As Market Gains: What You Should KnowFebruary 3, 2023 | finance.yahoo.comW&T Offshore (WTI) Gains As Market Dips: What You Should KnowJanuary 30, 2023 | finance.yahoo.comW&T Offshore Announces Closing of $275 Million Senior Second Lien Notes OfferingJanuary 26, 2023 | seekingalpha.comW&T Offshore: Very Good News Might Only Be Weeks Away (Rating Upgrade)January 24, 2023 | finance.yahoo.comGas prices could reach $4 a gallon by ‘April, maybe sooner’: AnalystJanuary 23, 2023 | finance.yahoo.comOil: Biden administration cannot lower prices but can ‘embrace consumption’, analyst explainsJanuary 18, 2023 | benzinga.comW&T Offshore Stock (NYSE:WTI), Quotes and News SummaryJanuary 12, 2023 | finance.yahoo.comW&T Offshore Prices $275 Million Senior Second Lien Notes OfferingJanuary 9, 2023 | finance.yahoo.comW&T Offshore Announces Proposed Senior Second Lien Notes OfferingJanuary 4, 2023 | finance.yahoo.comW&T Offshore, Inc. (WTI) is Attracting Investor Attention: Here is What You Should KnowDecember 30, 2022 | finance.yahoo.comOil market ‘wrestling with’ China reopening, Europe recession fears into 2023: AnalystDecember 29, 2022 | finance.yahoo.comGas prices in summer 2023 ‘contingent on if refineries will meet demand’: AnalystDecember 23, 2022 | finance.yahoo.comAre Investors Undervaluing W&T Offshore (WTI) Right Now?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive WTI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for W&T Offshore and its competitors with MarketBeat's FREE daily newsletter. Email Address WTI Company Calendar Last Earnings3/07/2023Today3/20/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:WTI CUSIP92922P10 CIK1288403 Webwww.wtoffshore.com Phone(713) 626-8525Fax713-626-8527Employees323Year FoundedN/APrice Target and Rating Average Stock Price Forecast$9.10 High Stock Price Forecast$9.10 Low Stock Price Forecast$9.10 Forecasted Upside/Downside+100.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.59 Trailing P/E Ratio2.85 Forward P/E Ratio4.19 P/E GrowthN/ANet Income$231.15 million Net Margins25.10% Pretax Margin30.92% Return on Equity-270.10% Return on Assets19.91% Debt Debt-to-Equity Ratio14.56 Current Ratio0.72 Quick Ratio0.72 Sales & Book Value Annual Sales$921 million Price / Sales0.72 Cash Flow$2.94 per share Price / Cash Flow1.54 Book Value$0.05 per share Price / Book90.60Miscellaneous Outstanding Shares146,460,000Free Float96,078,000Market Cap$663.46 million OptionableOptionable Beta1.97 Key ExecutivesTracy W. KrohnChairman, President & Chief Executive OfficerWilliam J. WillifordChief Operating Officer & Executive Vice PresidentJanet YangChief Financial Officer & Executive Vice PresidentAlvin T. HaynesChief Information Officer & Vice PresidentJonathan C. CurthSecretary, Executive VP & General CounselKey CompetitorsBerryNASDAQ:BRYSilverBow ResourcesNYSE:SBOWSandRidge EnergyNYSE:SDVAALCO EnergyNYSE:EGYCallon PetroleumNYSE:CPEView All CompetitorsInsiders & InstitutionsVoya Investment Management LLCBought 7,771 shares on 2/28/2023Ownership: 0.032%DGS Capital Management LLCBought 10,037 shares on 2/21/2023Ownership: 0.023%State of WyomingSold 6,788 shares on 2/16/2023Ownership: 0.006%Morgan StanleyBought 5,375 shares on 2/15/2023Ownership: 0.647%Public Employees Retirement System of OhioBought 2,765 shares on 2/15/2023Ownership: 0.037%View All Insider TransactionsView All Institutional Transactions WTI Stock - Frequently Asked Questions Should I buy or sell W&T Offshore stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" WTI shares. View WTI analyst ratings or view top-rated stocks. What is W&T Offshore's stock price forecast for 2023? 1 analysts have issued 1-year target prices for W&T Offshore's stock. Their WTI share price forecasts range from $9.10 to $9.10. On average, they predict the company's stock price to reach $9.10 in the next twelve months. This suggests a possible upside of 100.9% from the stock's current price. View analysts price targets for WTI or view top-rated stocks among Wall Street analysts. How have WTI shares performed in 2023? W&T Offshore's stock was trading at $5.58 on January 1st, 2023. Since then, WTI stock has decreased by 18.8% and is now trading at $4.53. View the best growth stocks for 2023 here. When is W&T Offshore's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our WTI earnings forecast. How were W&T Offshore's earnings last quarter? W&T Offshore, Inc. (NYSE:WTI) posted its earnings results on Tuesday, March, 7th. The oil and gas company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.03 by $0.07. The oil and gas company had revenue of $189.70 million for the quarter, compared to analysts' expectations of $182.38 million. W&T Offshore had a negative trailing twelve-month return on equity of 270.10% and a net margin of 25.10%. W&T Offshore's revenue for the quarter was up 14.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.10 EPS. What ETFs hold W&T Offshore's stock? ETFs with the largest weight of W&T Offshore (NYSE:WTI) stock in their portfolio include Invesco Dynamic Energy Exploration & Production ETF (PXE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH), First Trust Natural Gas ETF (FCG), Vanguard U.S. Value Factor (VFVA), Vanguard Energy ETF (VDE) and Fidelity MSCI Energy Index ETF (FENY).iShares MSCI Global Energy Producers ETF (FILL). What is Tracy W. Krohn's approval rating as W&T Offshore's CEO? 15 employees have rated W&T Offshore Chief Executive Officer Tracy W. Krohn on Glassdoor.com. Tracy W. Krohn has an approval rating of 55% among the company's employees. This puts Tracy W. Krohn in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 52.0% of employees surveyed would recommend working at W&T Offshore to a friend. 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 NVIDIA (NVDA), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Pure Storage (PSTG), Overstock.com (OSTK), Riot Platforms (RIOT), Mastercard (MA), PayPal (PYPL), Enphase Energy (ENPH) and Livongo Health (LVGO). What is W&T Offshore's stock symbol? W&T Offshore trades on the New York Stock Exchange (NYSE) under the ticker symbol "WTI." Who are W&T Offshore's major shareholders? W&T Offshore's stock is owned by a variety of institutional and retail investors. Top institutional investors include KGH Ltd (3.90%), LSV Asset Management (2.07%), Dimensional Fund Advisors LP (1.82%), Geode Capital Management LLC (1.19%), Bank of Montreal Can (0.93%) and Allspring Global Investments Holdings LLC (0.92%). Insiders that own company stock include B Frank Stanley, Shahid Ghauri, Tracy W Krohn and Virginia Boulet. View institutional ownership trends. How do I buy shares of W&T Offshore? Shares of WTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is W&T Offshore's stock price today? One share of WTI stock can currently be purchased for approximately $4.53. How much money does W&T Offshore make? W&T Offshore (NYSE:WTI) has a market capitalization of $663.46 million and generates $921 million in revenue each year. The oil and gas company earns $231.15 million in net income (profit) each year or $1.59 on an earnings per share basis. How many employees does W&T Offshore have? The company employs 323 workers across the globe. How can I contact W&T Offshore? W&T Offshore's mailing address is Nine Greenway Plaza Suite 300, Houston TX, 77046. The official website for the company is www.wtoffshore.com. The oil and gas company can be reached via phone at (713) 626-8525, via email at investorrelations@wtoffshore.com, or via fax at 713-626-8527. This page (NYSE:WTI) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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