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

$4.20
+0.09 (+2.19 %)
(As of 10/22/2019 07:36 AM ET)
Today's Range
$4.03
Now: $4.20
$4.20
50-Day Range
$3.98
MA: $4.44
$5.84
52-Week Range
$3.62
Now: $4.20
$8.01
Volume1.46 million shs
Average Volume2.03 million shs
Market Capitalization$590.90 million
P/E Ratio4.16
Dividend YieldN/A
Beta2.89
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$2.20 per share
Book Value($2.33) per share

Profitability

Net Income$248.83 million

Miscellaneous

Employees282
Market Cap$590.90 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 EPS for the quarter, topping the consensus estimate of $0.09 by $0.16. The oil and gas company earned $134.70 million during the quarter, compared to the consensus estimate of $126.50 million. W&T Offshore had a negative return on equity of 31.98% and a net margin of 31.72%. The firm's revenue was down 10.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.29 EPS. 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 analysts have issued 1 year target prices for W&T Offshore's stock. Their forecasts range from $10.00 to $11.00. On average, they expect W&T Offshore's share price to reach $10.50 in the next twelve months. This suggests a possible upside of 150.0% 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?

Media stories about WTI stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. 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 news impact score of -3.9 on InfoTrie's scale. They also assigned news headlines about the oil and gas company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the stock's share price in the near term. View News Stories for W&T Offshore.

Are investors shorting W&T Offshore?

W&T Offshore saw a drop in short interest during the month of September. As of September 15th, there was short interest totalling 11,040,000 shares, a drop of 5.1% from the August 15th total of 11,630,000 shares. Based on an average daily trading volume, of 2,650,000 shares, the days-to-cover ratio is presently 4.2 days. Approximately 12.0% of the shares of the 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other W&T Offshore investors own include Advanced Micro Devices (AMD), Chesapeake Energy (CHK), Callon Petroleum (CPE), Micron Technology (MU), Range Resources (RRC), Cleveland-Cliffs (CLF), Coeur Mining (CDE), General Electric (GE), Celldex Therapeutics (CLDX) and Exelixis (EXEL).

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 number of of institutional and retail investors. Top institutional investors include Denali Advisors LLC (0.07%), Envestnet Asset Management Inc. (0.03%) and Meeder Asset Management Inc. (0.02%). 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, 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 Meeder Asset Management Inc.. View Insider Buying and Selling 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 Denali Advisors LLC and Envestnet Asset Management Inc.. 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 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 $4.20.

How big of a company is W&T Offshore?

W&T Offshore has a market capitalization of $590.90 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:  215 (Vote Outperform)
Underperform Votes:  411 (Vote Underperform)
Total Votes:  626
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 10/22/2019 by MarketBeat.com Staff

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