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NYSE:WTI

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

$4.53
-0.04 (-0.88%)
(As of 03/20/2023 12:00 AM ET)
Add
Compare
Today's Range
$4.49
$4.66
50-Day Range
$4.57
$6.50
52-Week Range
$3.57
$9.16
Volume
3.92 million shs
Average Volume
3.04 million shs
Market Capitalization
$663.46 million
P/E Ratio
2.85
Dividend Yield
N/A
Price Target
$9.10

W&T Offshore MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
100.9% Upside
$9.10 Price Target
Short Interest
Bearish
15.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of W&T Offshore in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-40.74%
From $1.08 to $0.64 Per Share

Overall MarketRank

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

1.83 out of 5 stars

Oils/Energy Sector

204th out of 243 stocks

Crude Petroleum & Natural Gas Industry

70th out of 78 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

Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Q4 2022 W&T Offshore Inc Earnings Call
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Earnings Outlook For W&T Offshore
W&T Offshore Q4 2022 Earnings Preview
See More Headlines
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WTI Company Calendar

Last Earnings
3/07/2023
Today
3/20/2023
Next Earnings (Estimated)
5/02/2023
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
+100.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$231.15 million
Pretax Margin
30.92%

Debt

Sales & Book Value

Annual Sales
$921 million
Cash Flow
$2.94 per share
Book Value
$0.05 per share

Miscellaneous

Free Float
96,078,000
Market Cap
$663.46 million
Optionable
Optionable
Beta
1.97

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
  • Alvin T. Haynes
    Chief Information Officer & Vice President
  • Jonathan C. Curth
    Secretary, Executive VP & General Counsel













WTI Stock - Frequently Asked Questions

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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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?

1 analysts have issued 1-year target prices for W&T Offshore's stock. Their WTI share price forecasts range from $9.10 to $9.10. On average, they predict the company's stock price to reach $9.10 in the next twelve months. This suggests a possible upside of 100.9% 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 on January 1st, 2023. Since then, WTI stock has decreased by 18.8% and is now trading at $4.53.
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, May 2nd 2023.
View our WTI earnings forecast
.

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

W&T Offshore, Inc. (NYSE:WTI) posted its earnings results on Tuesday, March, 7th. The oil and gas company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.03 by $0.07. The oil and gas company had revenue of $189.70 million for the quarter, compared to analysts' expectations of $182.38 million. W&T Offshore had a negative trailing twelve-month return on equity of 270.10% and a net margin of 25.10%. W&T Offshore's revenue for the quarter was up 14.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.10 EPS.

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 a variety of institutional and retail investors. Top institutional investors include KGH Ltd (3.90%), LSV Asset Management (2.07%), Dimensional Fund Advisors LP (1.82%), Geode Capital Management LLC (1.19%), Bank of Montreal Can (0.93%) and Allspring Global Investments Holdings LLC (0.92%). 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 $4.53.

How much money does W&T Offshore make?

W&T Offshore (NYSE:WTI) has a market capitalization of $663.46 million and generates $921 million in revenue each year. The oil and gas company earns $231.15 million in net income (profit) each year or $1.59 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 3/20/2023 by MarketBeat.com Staff