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

$4.06
-0.35 (-7.94 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$4.04
Now: $4.06
$4.38
50-Day Range
$4.12
MA: $4.52
$4.85
52-Week Range
$3.62
Now: $4.06
$9.88
Volume3.09 million shs
Average Volume2.49 million shs
Market Capitalization$571.20 million
P/E Ratio4.02
Dividend YieldN/A
Beta2.99
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$1.8539 per share
Book Value($2.38) per share

Profitability

Net Income$248.83 million

Miscellaneous

Employees282
Market Cap$571.20 million
Next Earnings Date10/30/2019 (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) issued its earnings results on Wednesday, July, 31st. The oil and gas company reported $0.25 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.09 by $0.16. The oil and gas company earned $134.70 million during the quarter, compared to analyst estimates of $126.50 million. W&T Offshore had a negative return on equity of 31.98% and a net margin of 31.72%. W&T Offshore's revenue for the quarter was down 10.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.29 earnings per share. 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, October 30th 2019. View Earnings Estimates for W&T Offshore.

What price target have analysts set for WTI?

4 brokerages have issued 1-year target prices for W&T Offshore's stock. 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 year. This suggests a possible upside of 158.6% 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 headlines about WTI stock have trended positive on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring 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 2.5 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the near future. View News Stories for W&T Offshore.

Are investors shorting W&T Offshore?

W&T Offshore saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 11,948,000 shares, an increase of 6.9% from the June 30th total of 11,172,200 shares. Based on an average trading volume of 2,390,000 shares, the short-interest ratio is currently 5.0 days. Approximately 12.9% of the company's stock 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?

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 shareholders include Vanguard Group Inc. (6.92%), Renaissance Technologies LLC (5.63%), BlackRock Inc. (5.19%), JPMorgan Chase & Co. (3.79%), LSV Asset Management (3.12%) and Grantham Mayo Van Otterloo & Co. LLC (1.64%). 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 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 State Board of Administration of Florida Retirement System, Bank of Montreal Can, Invesco Ltd., Caisse DE Depot ET Placement DU Quebec, Columbia Pacific Advisors LLC, Jane Street Group LLC, KBC Group NV and Morgan Stanley. 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 Nuveen Asset Management LLC, Royal Bank of Canada, JPMorgan Chase & Co., BlackRock Inc., D. E. Shaw & Co. Inc., Connor Clark & Lunn Investment Management Ltd., AQR Capital Management LLC and CoreCommodity Management LLC. 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 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 $4.06.

How big of a company is W&T Offshore?

W&T Offshore has a market capitalization of $571.20 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:  206 (Vote Outperform)
Underperform Votes:  402 (Vote Underperform)
Total Votes:  608
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 8/24/2019 by MarketBeat.com Staff

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