W&T Offshore (WTI) Stock Forecast, Price & News

W&T Offshore (NYSE:WTI) Frequently Asked Questions

Is W&T Offshore a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" W&T Offshore stock.
View analyst ratings for W&T Offshore or view top-rated stocks.

When is W&T Offshore's next earnings date?

W&T Offshore is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for W&T Offshore.

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

W&T Offshore, Inc. (NYSE:WTI) posted its quarterly earnings data on Tuesday, May, 3rd. The oil and gas company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. The oil and gas company earned $191 million during the quarter, compared to analyst estimates of $159.49 million. W&T Offshore had a negative trailing twelve-month return on equity of 18.05% and a negative net margin of 6.93%. The business's quarterly revenue was up 52.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.11 earnings per share.
View W&T Offshore's earnings history.

What price target have analysts set for WTI?

2 brokers have issued twelve-month price targets for W&T Offshore's shares. Their forecasts range from $5.50 to $6.90. On average, they expect W&T Offshore's stock price to reach $6.20 in the next twelve months. This suggests that the stock has a possible downside of 2.2%.
View analysts' price targets for W&T Offshore or view top-rated stocks among Wall Street analysts.

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 67)
• Ms. Janet Yang, Exec. VP & CFO
• Mr. William J. Williford, Chief Operating Officer (Age 49, Pay $965.75k)
• Mr. Stephen L. Schroeder, Sr. VP & CTO (Age 59)
• Brent Collins, Director of Investor Relations
• Nadege Assale, Acting Gen. Counsel
• Mr. W. Allen Tate, VP of Marketing & Midstream
• Mr. Todd E. Grabois, VP & Treasurer (Age 62)

What is Tracy W. Krohn's approval rating as W&T Offshore's CEO?

15 employees have rated W&T Offshore CEO Tracy W. Krohn on Glassdoor.com. Tracy W. Krohn has an approval rating of 55% among W&T Offshore'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.

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), Devon Energy (DVN), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), EQT (EQT), Southwestern Energy (SWN), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR), SM Energy (SM), Comstock Resources (CRK) and Kosmos Energy (KOS).
View all of WTI's 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 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 investors include BlackRock Inc. (7.30%), State Street Corp (4.78%), Vanguard Group Inc. (4.33%), LSV Asset Management (2.35%), Acadian Asset Management LLC (1.28%) and Goldman Sachs Group Inc. (1.17%). Company insiders that own W&T Offshore stock include B Frank Stanley, Shahid Ghauri, Tracy W Krohn and Virginia Boulet.
View institutional ownership trends for W&T Offshore.

Which major investors are selling W&T Offshore stock?

WTI stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Dimensional Fund Advisors LP, Goldman Sachs Group Inc., BlackRock Inc., GSA Capital Partners LLP, First Trust Advisors LP, Arrowstreet Capital Limited Partnership, and BNP Paribas Arbitrage SA.
View insider buying and selling activity for W&T Offshore or view top insider-selling stocks.

Which major investors are buying W&T Offshore stock?

WTI stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Renaissance Technologies LLC, HighTower Advisors LLC, Qube Research & Technologies Ltd, Vanguard Group Inc., Fisher Asset Management LLC, Graham Capital Management L.P., and Summit Global Investments. Company insiders that have bought W&T Offshore stock in the last two years include B Frank Stanley, Tracy W Krohn, and Virginia Boulet.
View insider buying and selling activity for W&T Offshore or or view top insider-buying stocks.

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 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 $6.34.

How much money does W&T Offshore make?

W&T Offshore has a market capitalization of $906.70 million and generates $558.01 million in revenue each year. The oil and gas company earns $-41.48 million in net income (profit) each year or ($0.310010) on an earnings per share basis.

How many employees does W&T Offshore have?

W&T Offshore employs 323 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, via email at [email protected], or via fax at 713-626-8527.