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 $2.32 +0.20 (+9.43 %) (As of 04/10/2020 07:55 AM ET) Add Compare Share Today's Range$2.03Now: $2.32▼$2.5250-Day Range$1.09MA: $2.06▼$3.7052-Week Range$1.07Now: $2.32▼$7.04Volume17.47 million shsAverage Volume7.63 million shsMarket Capitalization$328.67 millionP/E Ratio4.55Dividend YieldN/ABeta2.98 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider 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™ 3.1 Analyst's Opinion Consensus RatingW&T Offshore has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.50, W&T Offshore has a potential upside of 180.2% from its current price of $2.32.Amount of Analyst CoverageW&T Offshore has only been the subject of 2 research reports in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesW&T Offshore has received 249 “outperform” votes. (Add your “outperform” vote.)Underperform VotesW&T Offshore has received 440 “underperform” votes. (Add your “underperform” vote.)Community SentimentW&T Offshore has received 63.86% “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 $27,900.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 33.60% of the stock of W&T Offshore is held by insiders.Percentage Held by Institutions60.26% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for W&T Offshore are expected to grow by 22.22% in the coming year, from ($0.27) to ($0.33) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of W&T Offshore is 4.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.30.Price to Earnings Ratio vs. SectorThe P/E ratio of W&T Offshore is 4.55, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.11. Previous Next Analyst Opinion: 3.1Community Rank: 1.8Dividend Strength: 0.8Insider Behavior: 4.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.45 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 Webhttp://www.wtoffshore.com/ Phone713-626-8525Debt Debt-to-Equity RatioN/A Current Ratio0.75 Quick Ratio0.75Price-To-Earnings Trailing P/E Ratio4.55 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$534.90 million Price / Sales0.61 Cash Flow$1.87 per share Price / Cash Flow1.24 Book Value($1.77) per share Price / Book-1.31Profitability EPS (Most Recent Fiscal Year)$0.60 Net Income$74.09 million Net Margins13.85% Return on Equity-28.29% Return on Assets9.19%Miscellaneous Employees282 Outstanding Shares141,670,000Market Cap$328.67 million Next Earnings Date5/6/2020 (Estimated) OptionableOptionable 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. WTI Rates by TradingView 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WTI shares have increased by 50.6% and is now trading at $2.32. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 3 hold ratings 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, May 6th 2020. View our earnings forecast for W&T Offshore. How were W&T Offshore's earnings last quarter? W&T Offshore, Inc. (NYSE:WTI) released its earnings results on Wednesday, March, 4th. The oil and gas company reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.02 by $0.05. The oil and gas company had revenue of $151.89 million for the quarter, compared to the consensus estimate of $151.08 million. W&T Offshore had a net margin of 13.85% and a negative return on equity of 28.29%. View W&T Offshore's earnings history. What price target have analysts set for WTI? 4 brokers have issued 1 year target prices for W&T Offshore's shares. Their forecasts range from $2.00 to $11.00. On average, they expect W&T Offshore's share price to reach $6.50 in the next year. This suggests a possible upside of 180.2% from the stock's current price. View analysts' price targets for W&T Offshore. Has W&T Offshore been receiving favorable news coverage? Media coverage about WTI stock has been trending very negative recently, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. W&T Offshore earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the oil and gas company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutW&T Offshore. Are investors shorting W&T Offshore? W&T Offshore saw a increase in short interest in March. As of March 13th, there was short interest totaling 16,048,800 shares, an increase of 37.3% from the February 27th total of 11,690,000 shares. Based on an average trading volume of 3,060,000 shares, the short-interest ratio is presently 5.2 days. Approximately 17.3% of the company's stock are short sold. View W&T Offshore's Current Options Chain. 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), Devon Energy (DVN), Marathon Oil (MRO), Noble Energy (NBL), Apache (APA), EQT (EQT), Cimarex Energy (XEC), WPX Energy (WPX) and Comstock Resources (CRK). 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 Chesapeake Energy (CHK), Advanced Micro Devices (AMD), Cleveland-Cliffs (CLF), Callon Petroleum (CPE), Range Resources (RRC), Marathon Oil (MRO), Primo Water (PRMW), Alibaba Group (BABA), Denbury Resources (DNR) and General Electric (GE). 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 a variety of retail and institutional investors. Top institutional shareholders include Alpine Global Management LLC (0.01%). 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 buying W&T Offshore stock? WTI stock was purchased by a variety of institutional investors in the last quarter, including Alpine Global 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, 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 $2.32. How big of a company is W&T Offshore? W&T Offshore has a market capitalization of $328.67 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. 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] This page was last updated on 4/10/2020 by MarketBeat.com StaffFeatured Article: What is the S&P/ASX 200 Index?
