NYSE:WTIW&T Offshore Stock Price, Forecast & News Adding Choose a 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. Log In and Add $2.44 +0.06 (+2.52 %) (As of 08/7/2020 04:00 PM ET) Add Compare Share Today's Range$2.32Now: $2.44▼$2.4550-Day Range$2.15MA: $2.38▼$2.6652-Week Range$1.07Now: $2.44▼$6.10Volume2.85 million shsAverage Volume5.77 million shsMarket Capitalization$345.94 millionP/E Ratio1.86Dividend YieldN/ABeta3.18 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.0 Analyst's Opinion Consensus RatingW&T Offshore has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.90, W&T Offshore has a potential upside of 18.9% from its current price of $2.44.Amount of Analyst CoverageW&T Offshore has received no research coverage in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesW&T Offshore has received 252 “outperform” votes. (Add your “outperform” vote.)Underperform VotesW&T Offshore has received 443 “underperform” votes. (Add your “underperform” vote.)Community SentimentW&T Offshore has received 63.74% “underperform” votes from our community.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. Previous Next 0.8 Dividend Strength Dividend YieldW&T Offshore does not currently pay a dividend.Dividend GrowthW&T Offshore has been increasing its dividend for 7 years. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, W&T Offshore insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,113,903.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 34.08% of the stock of W&T Offshore is held by insiders.Percentage Held by Institutions44.94% 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 in the coming year, from ($0.36) to ($0.48) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of W&T Offshore is 1.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.24.Price to Earnings Ratio vs. SectorThe P/E ratio of W&T Offshore is 1.86, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.59. Previous Next Analyst Opinion: 2.0Community Rank: 1.8Dividend Strength: 0.8Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.98 out of 5 stars 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 CIK1288403 Webwww.wtoffshore.com Phone713-626-8525Debt Debt-to-Equity RatioN/A Current Ratio1.21 Quick Ratio1.21Price-To-Earnings Trailing P/E Ratio1.86 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$534.90 million Price / Sales0.65 Cash Flow$1.65 per share Price / Cash Flow1.48 Book Value($1.77) per share Price / Book-1.38Profitability EPS (Most Recent Fiscal Year)$0.60 Net Income$74.09 million Net Margins34.59% Return on Equity-33.22% Return on Assets8.71%Miscellaneous Employees282 Outstanding Shares141,778,000Market Cap$345.94 million Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $2.44 +0.06 (+2.52 %) (As of 08/7/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart Receive WTI News and Ratings via Email Sign-up to receive the latest news and ratings for WTI and its competitors with MarketBeat's FREE daily newsletter. W&T Offshore (NYSE:WTI) Frequently Asked Questions How has W&T Offshore's stock been impacted by COVID-19 (Coronavirus)? W&T Offshore's stock was trading at $1.54 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WTI stock has increased by 58.4% and is now trading at $2.44. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of W&T Offshore? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for W&T Offshore. When is W&T Offshore's next earnings date? W&T Offshore is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for W&T Offshore. How were W&T Offshore's earnings last quarter? W&T Offshore, Inc. (NYSE:WTI) announced its quarterly earnings results on Wednesday, August, 5th. The oil and gas company reported ($0.02) earnings per share for the quarter, beating analysts' consensus estimates of ($0.21) by $0.19. W&T Offshore had a negative return on equity of 33.22% and a net margin of 34.59%. View W&T Offshore's earnings history. What price target have analysts set for WTI? 3 brokerages have issued 12 month target prices for W&T Offshore's stock. Their forecasts range from $2.00 to $3.80. On average, they anticipate W&T Offshore's share price to reach $2.90 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price. View analysts' price targets for W&T Offshore. Has W&T Offshore been receiving favorable news coverage? Media headlines about WTI stock have trended very positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. W&T Offshore earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave news coverage about the oil and gas company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about W&T Offshore. Who are some of W&T Offshore's key competitors? Some companies that are related to W&T Offshore include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Apache (APA), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC) and Range Resources (RRC). View all 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), (CHK), Ring Energy (REI), Ring Energy (REI), Cleveland-Cliffs (CLF), NVIDIA (NVDA), Alibaba Group (BABA), Callon Petroleum (CPE), Range Resources (RRC) and Southwest Airlines (LUV). Who are W&T Offshore's key executives? W&T Offshore's management team includes the following 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 & CFOAl Petrie, Investor Relations Coordinator 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 retail and institutional investors. Top institutional shareholders include LSV Asset Management (2.65%), First Trust Advisors LP (0.34%), Denali Advisors LLC (0.22%), Assenagon Asset Management S.A. (0.19%), Swiss National Bank (0.16%) and Russell Investments Group Ltd. (0.10%). Company insiders that own W&T Offshore stock include B Frank Stanley, David M Bump, Shahid Ghauri, 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 LSV Asset Management, UBS Group AG, First Trust Advisors LP, and Hancock Whitney Corp. View insider buying and selling activity 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 Assenagon Asset Management S.A., Virtu Financial LLC, Russell Investments Group Ltd., Denali Advisors LLC, Swiss National Bank, Creative Planning, Wambolt & Associates LLC, and SG Americas Securities 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, Virginia Boulet, and William J Williford. View insider buying and selling activity 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 $2.44. How big of a company is W&T Offshore? W&T Offshore has a market capitalization of $345.94 million and generates $534.90 million in revenue each year. The oil and gas company earns $74.09 million in net income (profit) each year or $0.60 on an earnings per share basis. W&T Offshore employs 282 workers across the globe. What is W&T Offshore's official website? The official website for W&T Offshore is 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] This page was last updated on 8/7/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 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. See what's happening in the market right now with MarketBeat's real-time news feed. 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