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. $6.36 -0.14 (-2.15%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$6.33▼$6.6850-Day Range$5.07▼$7.2552-Week Range$3.57▼$9.16Volume2.27 million shsAverage Volume2.35 million shsMarket Capitalization$910.50 millionP/E Ratio3.90Dividend YieldN/APrice Target$9.10 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media W&T Offshore MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside43.1% Upside$9.10 Price TargetShort InterestBearish15.14% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.98Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-49.48%From $1.92 to $0.97 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.2.19 out of 5 starsOils/Energy Sector98th out of 243 stocksCrude Petroleum & Natural Gas Industry44th out of 75 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 2 buy ratings, 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 43.1% from its current price of $6.36.Amount of Analyst CoverageW&T Offshore has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted15.14% 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 4.8.Change versus previous monthShort interest in W&T Offshore has recently decreased by 2.13%, indicating that investor sentiment is improving. 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 2.2 News and Social Media Coverage News SentimentW&T Offshore has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for W&T Offshore this week, compared to 4 articles on an average week.Search InterestOnly 10 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 8 people have added W&T Offshore to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 -49.48% in the coming year, from $1.92 to $0.97 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of W&T Offshore is 3.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.72.Price to Earnings Ratio vs. SectorThe P/E ratio of W&T Offshore is 3.90, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 44.77. Previous Next See Top Rated MarketRank™ Stocks Here About W&T Offshore (NYSE:WTI) StockW&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil, natural gas liquids, and natural gas. As of December 31, 2021, the company had working interests in 43 fields in federal and state waters; and under lease approximately 606,000 gross acres, including approximately 419,000 gross acres on the Gulf of Mexico Shelf, as well as approximately 187,000 gross acres in the Gulf of Mexico deepwater. W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas.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 HeadlinesJanuary 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 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 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 KnowJanuary 29, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 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?December 23, 2022 | seekingalpha.comW&T Offshore: Even The Bonds Are Undervalued - BuyDecember 20, 2022 | msn.comW&T Offshore's Debt OverviewDecember 20, 2022 | finance.yahoo.comW&T Offshore, Inc. (WTI) Is a Trending Stock: Facts to Know Before Betting on ItDecember 12, 2022 | finance.yahoo.comEnergy: ‘There’s a lot of longs’ ahead of China’s re-opening plans, analyst saysDecember 9, 2022 | seekingalpha.comW&T Offshore: A Solid Buy For Energy ExposureDecember 9, 2022 | finance.yahoo.comW&T Offshore's (NYSE:WTI) earnings growth rate lags the 15% CAGR delivered to shareholdersDecember 8, 2022 | finance.yahoo.comW&T (WTI) Down 18.1% Since Last Earnings Report: Can It Rebound?December 7, 2022 | finance.yahoo.comInvestors Heavily Search W&T Offshore, Inc. (WTI): Here is What You Need to KnowDecember 1, 2022 | finance.yahoo.comW&T Offshore Announces Management PromotionsNovember 22, 2022 | finance.yahoo.comCrude oil, natural gas prices rise on dismissals of OPEC+ output hikesNovember 21, 2022 | finance.yahoo.comDow nears flatline ahead of the close, oil prices bounce back in the intradayNovember 21, 2022 | finance.yahoo.comSaudi officials deny reports about OPEC+ oil output hikesNovember 18, 2022 | finance.yahoo.comCrude oil is ‘clearly pricing in slower economies’: AnalystNovember 15, 2022 | finance.yahoo.comMarkets shakily trend upward, health care stocks lead sector gainsNovember 12, 2022 | finance.yahoo.comW&T Offshore Third Quarter 2022 Earnings: Beats ExpectationsSee 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 Earnings11/08/2022Today1/29/2023Next Earnings (Estimated)3/14/2023Fiscal 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+43.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.63 Trailing P/E Ratio3.90 Forward P/E Ratio3.31 P/E GrowthN/ANet Income$-41,480,000.00 Net Margins26.38% Pretax Margin32.80% Return on Equity-168.03% Return on Assets20.75% Debt Debt-to-Equity RatioN/A Current Ratio1.60 Quick Ratio1.60 Sales & Book Value Annual Sales$558.01 million Price / Sales1.63 Cash Flow$1.08 per share Price / Cash Flow5.91 Book Value($1.74) per share Price / Book-3.66Miscellaneous Outstanding Shares143,160,000Free Float93,914,000Market Cap$910.50 million OptionableOptionable Beta2.09 Key ExecutivesMr. Tracy W. Krohn (Age 68)Founder, Chairman, CEO & Pres Ms. Janet YangExec. VP & CFOMr. William J. Williford (Age 50)?Exec. VP & COO Comp: $965.75kMr. Alvin T. HaynesVP and Chief Information OfficerMr. Jonathan C. Curth (Age 40)Exec. VP, Gen. Counsel & Corp. Sec. Mr. W. Allen TateSr. VP of MarketingMs. Kristen EcklundVP of HRMr. Todd E. Grabois (Age 63)VP & Treasurer More ExecutivesKey CompetitorsLaredo PetroleumNYSE:LPIBerryNASDAQ:BRYSandRidge EnergyNYSE:SDSilverBow ResourcesNYSE:SBOWVAALCO EnergyNYSE:EGYView All CompetitorsInsiders & InstitutionsStrs OhioSold 16,500 shares on 1/26/2023Ownership: 0.009%Allspring Global Investments Holdings LLCSold 82,929 shares on 1/23/2023Ownership: 0.919%Counterpoint Mutual Funds LLCBought 26,677 shares on 1/19/2023Ownership: 0.019%Octavia Wealth Advisors LLCSold 5,960 shares on 1/19/2023Ownership: 0.008%Diversified Trust CoSold 7,129 shares on 1/17/2023Ownership: 0.016%View All Insider TransactionsView All Institutional Transactions WTI Stock - Frequently Asked Questions Should I buy or sell W&T Offshore stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 equities research analysts have issued 12 month 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 stock price to reach $9.10 in the next year. This suggests a possible upside of 43.1% 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 14.0% and is now trading at $6.36. 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 quarterly earnings data on Tuesday, November, 8th. The oil and gas company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.28 by $0.05. The oil and gas company had revenue of $266.49 million for the quarter, compared to the consensus estimate of $230.20 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 Blockchain (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 retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.92%), Carmel Capital Partners LLC (0.03%), Counterpoint Mutual Funds LLC (0.02%), Diversified Trust Co (0.02%), Strs Ohio (0.01%) and Octavia Wealth Advisors LLC (0.01%). 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 $6.36. How much money does W&T Offshore make? W&T Offshore (NYSE:WTI) has a market capitalization of $910.50 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 1/29/2023 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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