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S&P 500   3,852.36
DOW   32,920.46
QQQ   303.59
Mullen Automotive Stock, The Tide Has Turned
Profit From the Commercial Solar Boom? (Ad)
Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?
What do Mastercard Earnings Indicate About Consumer Spending?
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ONSemi Is Marching Higher On Great Results
The #1 Energy Stock to Buy (Ad)
What Tyson Foods Q1 Means For Staples Stocks
Can Cummins Power To A New High? 
S&P 500   3,852.36
DOW   32,920.46
QQQ   303.59
Mullen Automotive Stock, The Tide Has Turned
Profit From the Commercial Solar Boom? (Ad)
Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?
What do Mastercard Earnings Indicate About Consumer Spending?
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Can Cummins Power To A New High? 
NYSE:WTI

W&T Offshore - WTI Stock Forecast, Price & News

$5.77
-0.07 (-1.20%)
(As of 02/6/2023 12:00 AM ET)
Add
Compare
Today's Range
$5.70
$5.99
50-Day Range
$5.07
$6.87
52-Week Range
$3.57
$9.16
Volume
2.01 million shs
Average Volume
2.58 million shs
Market Capitalization
$826.03 million
P/E Ratio
3.54
Dividend Yield
N/A
Price Target
$9.10

W&T Offshore MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
57.7% Upside
$9.10 Price Target
Short Interest
Bearish
15.14% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.41mentions of W&T Offshore in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-41.94%
From $1.86 to $1.08 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.34 out of 5 stars

Oils/Energy Sector

96th out of 237 stocks

Crude Petroleum & Natural Gas Industry

45th out of 73 stocks

WTI stock logo

About W&T Offshore (NYSE:WTI) Stock

W&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.

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WTI Stock News Headlines

Profit From the Commercial Solar Boom?
Solar energy had its best year ever in 2021, with a record 24 gigawatts of power installed. That's enough to power 18 million homes! Analysts expect the global solar farm market to reach $356 billion by 2028. The utility segment of the solar market is expected to grow at the highest annual growth rate in the industry, especially with the many tax incentives now offered.
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Are Investors Undervaluing W&T Offshore (WTI) Right Now?
W&T Offshore: Even The Bonds Are Undervalued - Buy
W&T Offshore's Debt Overview
W&T Offshore: A Solid Buy For Energy Exposure
W&T Offshore Announces Management Promotions
Saudi officials deny reports about OPEC+ oil output hikes
See More Headlines
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WTI Company Calendar

Last Earnings
8/03/2021
Today
2/07/2023
Next Earnings (Estimated)
3/14/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
92922P10
Employees
323
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$9.10
High Stock Price Forecast
$9.10
Low Stock Price Forecast
$9.10
Forecasted Upside/Downside
+57.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-41,480,000.00
Pretax Margin
32.80%

Debt

Sales & Book Value

Annual Sales
$558.01 million
Cash Flow
$1.06 per share
Book Value
($1.74) per share

Miscellaneous

Free Float
93,914,000
Market Cap
$826.03 million
Optionable
Optionable
Beta
1.99

Key Executives

  • Tracy W. Krohn
    Chairman, President & Chief Executive Officer
  • William J. Williford
    Chief Operating Officer & Executive Vice President
  • Janet Yang
    Chief Financial Officer & Executive Vice President
  • Jonathan C. Curth
    Secretary, Executive VP & General Counsel
  • Todd E. Grabois
    Treasurer & Vice President













WTI Stock - Frequently Asked Questions

Should I buy or sell W&T Offshore stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research 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?

2 Wall Street analysts have issued 1 year price targets for W&T Offshore's shares. Their WTI share price forecasts range from $9.10 to $9.10. On average, they anticipate the company's share price to reach $9.10 in the next twelve months. This suggests a possible upside of 57.7% 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 at the beginning of the year. Since then, WTI shares have increased by 3.4% and is now trading at $5.77.
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, March 14th 2023.
View our WTI earnings forecast
.

How were W&T Offshore's earnings last quarter?

W&T Offshore, Inc. (NYSE:WTI) announced its earnings results on Tuesday, August, 3rd. The oil and gas company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.07. The oil and gas company had revenue of $132.83 million for the quarter, compared to the consensus estimate of $122.04 million. W&T Offshore had a net margin of 26.38% and a negative trailing twelve-month return on equity of 168.03%.

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 many different institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.93%), Allspring Global Investments Holdings LLC (0.92%), Fisher Asset Management LLC (0.40%), New York State Common Retirement Fund (0.13%), Wolverine Asset Management LLC (0.00%) and Versor Investments LP (0.04%). 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 $5.77.

How much money does W&T Offshore make?

W&T Offshore (NYSE:WTI) has a market capitalization of $826.03 million and generates $558.01 million in revenue each year. The oil and gas company earns $-41,480,000.00 in net income (profit) each year or $1.63 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 2/7/2023 by MarketBeat.com Staff