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WTI

WTI - W&T Offshore Inc Stock Price, Fair Value and News

2.35USD+0.04 (+1.73%)Delayed

Market Summary

WTI
USD2.35+0.04
Delayed
1.73%

WTI Alerts

  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

WTI Stock Price

View Fullscreen

WTI RSI Chart

WTI Valuation

Market Cap

345.1M

Price/Earnings (Trailing)

-15.77

Price/Sales (Trailing)

0.64

EV/EBITDA

3.98

Price/Free Cashflow

3.33

WTI Price/Sales (Trailing)

WTI Profitability

EBT Margin

-2.05%

Return on Equity

-105.4%

Return on Assets

-1.94%

Free Cashflow Yield

30%

WTI Fundamentals

WTI Revenue

Revenue (TTM)

541.7M

Rev. Growth (Yr)

6.88%

Rev. Growth (Qtr)

6.38%

WTI Earnings

Earnings (TTM)

-21.9M

Earnings Growth (Yr)

-144.12%

Earnings Growth (Qtr)

-2.5K%

Breaking Down WTI Revenue

Last 7 days

0.9%

Last 30 days

-2.5%

Last 90 days

-24.7%

Trailing 12 Months

-43.0%

How does WTI drawdown profile look like?

WTI Financial Health

Current Ratio

1.08

Debt/Equity

18.51

Debt/Cashflow

0.27

WTI Investor Care

Shares Dilution (1Y)

0.27%

Diluted EPS (TTM)

-0.14

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024541.7M000
2023861.7M714.1M590.0M532.7M
2022623.4M764.3M896.9M921.0M
2021348.2M425.7M487.2M558.0M
2020542.9M463.5M403.8M346.6M
2019562.6M547.7M526.4M534.9M
2018496.9M523.2M566.4M580.7M
2017446.7M470.3M473.2M487.1M
2016457.1M407.7M388.8M400.0M
2015822.1M708.2M599.9M507.3M
2014979.4M1.0B997.0M948.7M
2013897.8M917.7M976.3M984.1M
2012996.1M958.7M899.2M874.5M
2011747.1M820.3M896.1M971.0M
2010634.7M658.4M682.1M705.8M
2009000611.0M
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Tracking the Latest Insider Buys and Sells of W&T Offshore Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jan 01, 2024
hartman bart p. iii
acquired
-
-
6,117
vp & chief accounting officer
Jan 01, 2024
hartman bart p. iii
sold (taxes)
-5,920
3.26
-1,816
vp & chief accounting officer
Jan 01, 2024
krohn tracy w
sold (taxes)
-211,004
3.26
-64,725
chairman, ceo & president
Jan 01, 2024
curth jonathan charles
acquired
-
-
5,834
evp,gen counsel&corp secretary
Jan 01, 2024
williford william j
sold (taxes)
-37,966
3.26
-11,646
evp & chief operating officer
Jan 01, 2024
krohn tracy w
acquired
-
-
157,737
chairman, ceo & president
Jan 01, 2024
williford william j
acquired
-
-
26,080
evp & chief operating officer
Jan 01, 2024
curth jonathan charles
sold (taxes)
-5,639
3.26
-1,730
evp,gen counsel&corp secretary
Sep 29, 2023
hartman bart p. iii
acquired
-
-
2,126
vp & chief accounting officer
Sep 29, 2023
williford william j
acquired
-
-
8,455
evp & chief operating officer

1–10 of 50

Which funds bought or sold WTI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 16, 2024
COMERICA BANK
reduced
-43.69
-575
485
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-4.95
-79,578
270,491
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-12.84
-282,767
687,399
-%
May 15, 2024
SHERBROOKE PARK ADVISERS LLC
sold off
-100
-99,873
-
-%
May 15, 2024
Cubist Systematic Strategies, LLC
new
-
48,572
48,572
-%
May 15, 2024
AQR CAPITAL MANAGEMENT LLC
new
-
30,666
30,666
-%
May 15, 2024
QUADRANT CAPITAL GROUP LLC
added
153
54,165
105,044
0.01%
May 15, 2024
Squarepoint Ops LLC
added
381
274,117
368,305
-%
May 15, 2024
Point72 Asset Management, L.P.
added
31.13
10,430
168,540
-%
May 15, 2024
Point72 Asia (Singapore) Pte. Ltd.
new
-
35,196
35,196
0.01%

1–10 of 44

Are Funds Buying or Selling WTI?

Are funds buying WTI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WTI
No. of Funds

Unveiling W&T Offshore Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
4.18%
6,128,403
SC 13G/A
Jan 29, 2024
blackrock inc.
5.7%
8,378,248
SC 13G
Jan 25, 2024
state street corp
5.01%
7,350,048
SC 13G/A
Feb 09, 2023
vanguard group inc
6.99%
10,012,085
SC 13G
Feb 09, 2023
state street corp
8.25%
11,807,814
SC 13G/A
Sep 08, 2022
blackrock inc.
4.7%
6,692,976
SC 13G
Feb 04, 2022
blackrock inc.
7.5%
10,744,006
SC 13G
Feb 11, 2021
renaissance technologies llc
0.00%
0
SC 13G/A
Feb 10, 2021
vanguard group inc
4.04%
5,726,493
SC 13G/A
Feb 13, 2020
state street corp
3.42%
4,816,873
SC 13G/A

Recent SEC filings of W&T Offshore Inc

View All Filings
Date Filed Form Type Document
May 10, 2024
8-K
Current Report
May 10, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Apr 29, 2024
DEFA14A
DEFA14A
Apr 29, 2024
DEF 14A
DEF 14A
Apr 29, 2024
ARS
ARS
Apr 16, 2024
3
Insider Trading
Apr 11, 2024
8-K
Current Report
Mar 28, 2024
8-K
Current Report
Mar 18, 2024
8-K
Current Report

Peers (Alternatives to W&T Offshore Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
471.7B
341.1B
0.85% 13.11%
14.38
1.38
-16.75% -46.83%
300.5B
198.9B
4.03% 5.64%
14.81
1.51
-18.05% -43.28%
56.3B
27.7B
-3.83% 8.93%
13.02
2.03
-22.75% -55.41%
14.8B
6.6B
-5.31% 13.71%
10.31
2.23
-15.57% -47.38%
12.0B
6.4B
5.21% 11.50%
11.38
1.87
-54.63% -85.10%
MID-CAP
9.2B
2.2B
8.87% 28.18%
19.03
4.18
-62.59% -77.29%
3.8B
2.7B
-5.78% 17.60%
10.77
1.38
2.93% 8.77%
3.7B
2.5B
1.93% 51.75%
3.66
1.46
-6.59% -31.79%
2.8B
1.7B
-2.31% -5.73%
12.58
1.62
-15.13% -28.06%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
249.2M
304.0M
-7.64% -11.90%
8.14
0.82
-28.78% -93.34%
170.5M
257.2M
1.32% 57.38%
-3.85
0.66
7.59% 61.82%
94.5M
205.5M
5.90% 5.71%
-1.66
0.46
-40.02% -142.55%
70.6M
2.8B
-3.81% -20.17%
41.23
0.03
-15.01% 137.22%
26.1M
24.4M
-6.81% 2.77%
-8.02
1.07
-16.16% -245.04%

W&T Offshore Inc News

Latest updates
Yahoo Lifestyle UK • 21 hours ago
Yahoo Finance UK • 13 May 2024 • 03:40 pm
Yahoo Finance • 31 Mar 2024 • 07:00 am

W&T Offshore Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue6.4%14113214212613219026627419116613413312695.0073.0055.00124152132135116
Costs and Expenses7.8%14113112512612113412811193.0097.0086.0099.0086.0011892.0083.0052.0075.0097.0097.00147
  S&GA Expenses-100.0%-18.0020.0017.0020.0022.0023.0015.0014.0014.0013.0014.0011.008.0014.006.0014.0018.0010.0013.0014.00
EBITDA Margin-18.8%0.29*0.36*0.41*0.45*0.57*0.50*0.53*0.45*0.19*0.20*0.02*0.05*---------
Interest Expenses-100.0%-10.0010.0010.0015.0015.0017.0018.0020.0020.0019.0017.0015.0015.0014.0015.0017.0017.0014.0012.0016.00
Income Taxes-46.5%1.002.005.003.009.007.0016.0031.00-0.6911.00-5.90-12.74-0.20-6.90-21.10-8.706.00-8.20-55.50-11.700.00
Earnings Before Taxes-800.4%-10.431.007.00-9.1135.0050.0083.00155-3.1560.00-43.87-64.41-0.95-15.81-34.40-14.6472.001.0020.0025.00-47.59
EBT Margin-132.2%-0.02*0.06*0.14*0.22*0.37*0.31*0.33*0.22*-0.08*-0.09*-0.26*-0.27*---------
Net Income-2490.1%-11.47-0.442.00-12.1126.0043.0067.00123-2.4649.00-37.96-51.67-0.75-8.95-13.34-5.9066.0010.0076.0036.00-47.76
Net Income Margin-237.9%-0.04*0.03*0.10*0.17*0.30*0.25*0.26*0.17*-0.07*-0.07*-0.20*-0.18*---------
Free Cashflow-67.4%12.0036.0030.0026.0023.0013.0089.0021028.0022.0065.001.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets1.1%1,1261,1141,1251,1021,1101,4321,4901,4401,3501,1931,2431,1399509419499431,0091,0041,027868843
  Current Assets-21.6%208265249255267570611548430358383302134107112106176142201253233
    Cash Equivalents-45.3%95.0017314917217746144737821524625820953.0044.0057.0037.0048.0032.0042.0066.0086.00
  Net PPE10.2%826749771738724735730741732665654658669687694713730749721525515
  Current Liabilities-11.5%192217216209182792381384426324380244160115129114145190228210219
  Long Term Debt6.4%384361367373372111666672680688696718594625625624668720719634634
    LT Debt, Current-76.2%7.0029.0030.0031.0031.0058235.0037.0040.0043.0046.0037.00---------
    LT Debt, Non Current-100.0%-361367373372111666672680688696718594625625624668720719634634
Shareholder's Equity-33.4%21.0031.0030.0025.0035.008.00---------------
  Retained Earnings-2.4%-543-530-528-530-518-544-588-654-778-775-824-786-735-734-725-712-706-772-781-857-894
  Additional Paid-In Capital0.4%589586583580578577557555553553552551551550550549548547548547546
Accumulated Depreciation0.4%8,2488,214-------------------
Shares Outstanding0.2%147147147146146146143143143142142142---------
Float----338---407---453---213---463-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-67.4%11,64235,66430,03026,19723,43512,67989,092210,22227,53722,37765,0971,23044,964-6,22921,2609,15484,32445,63180,28021,47184,845
  Share Based Compensation-2.9%3,0323,1243,2502,0871,9222,7432,6452,0145201,5858584674548171,0751,0191,0481,2611,2481,259-78.00
Cashflow From Investing-3962.1%-87,619-2,157-44,913-21,224-13,314-5,403-10,777-33,938-44,962-15,038-3,474-5,601-3,331-5,907-1,234-4,828-35,647-52,594-188,071-41,568-31,581
Cashflow From Financing72.3%-2,539-9,162-7,751-10,735-294,0896,951-8,909-14,035-12,899-14,707-13,187160,160-32,000-670--15,394-33,536-2,34583,823-310-441
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WTI Income Statement

2024-03-31
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Total revenues$ 140,787$ 131,725
Operating expenses:  
Lease operating expenses70,83065,186
Gathering, transportation and production taxes7,5406,136
Depreciation, depletion, and amortization33,93722,624
Asset retirement obligations accretion7,9697,510
General and administrative expenses20,51519,919
Total operating expenses140,791121,375
Operating (loss) income(4)10,350
Interest expense, net10,07214,713
Derivative gain, net(4,877)(39,240)
Other expense, net5,230233
(Loss) income before income taxes(10,429)34,644
Income tax expense1,0458,639
Net (loss) income$ (11,474)$ 26,005
Net (loss) income per common share:  
Basic$ (0.08)$ 0.18
Diluted$ (0.08)$ 0.17
Weighted average common shares outstanding:  
Basic146,857146,418
Diluted146,857148,726
Oil  
Revenues:  
Total revenues$ 107,015$ 97,000
NGLs  
Revenues:  
Total revenues7,4697,795
Natural gas  
Revenues:  
Total revenues21,61624,804
Other  
Revenues:  
Total revenues$ 4,687$ 2,126

WTI Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 94,822$ 173,338
Restricted cash4,4174,417
Accounts receivable:  
Oil, NGL and natural gas sales66,95952,080
Joint interest, net of allowance for credit losses of $11,119 and $11,130 as of March 31, 2024 and December 31, 2023, respectively18,28015,480
Other1,9012,218
Prepaid expenses and other current assets (Note 11)21,34217,447
Total current assets207,721264,980
Oil and natural gas properties and other, net of accumulated depreciation, depletion and amortization of $8,247,718 and $8,213,781 as of March 31, 2024 and December 31, 2023, respectively825,628749,056
Restricted deposits for asset retirement obligations22,34622,272
Deferred income taxes38,04038,774
Other assets32,74038,923
Total assets1,126,4751,114,005
Current liabilities:  
Accounts payable75,96678,857
Accrued liabilities (Note 11)15,55931,978
Undistributed oil and natural gas proceeds52,83542,134
Advances from joint interest partners2,8642,962
Current portion of asset retirement obligations (Note 5)37,74531,553
Current portion of long-term debt, net (Note 3)6,98729,368
Total current liabilities191,956216,852
Asset retirement obligations (Note 5)492,066467,262
Long-term debt, net (Note 3)384,241361,236
Other liabilities16,67219,420
Commitments and contingencies (Note 6)20,78018,043
Shareholders' equity:  
Preferred stock, $0.00001 par value; 20,000 shares authorized; none issued at March 31, 2024 and December 31, 2023
Common stock, $0.00001 par value; 400,000 shares authorized; 149,726 issued and 146,857 outstanding at March 31, 2024; 149,450 issued and 146,581 outstanding at December 31, 202311
Additional paid-in capital588,563586,014
Retained deficit(543,637)(530,656)
Treasury stock, at cost; 2,869 shares(24,167)(24,167)
Total shareholders' equity20,76031,192
Total liabilities and shareholders' equity$ 1,126,475$ 1,114,005
WTI
W&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. W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas.
 CEO
 WEBSITEwtoffshore.com
 INDUSTRYOil - E&P
 EMPLOYEES365

W&T Offshore Inc Frequently Asked Questions


What is the ticker symbol for W&T Offshore Inc? What does WTI stand for in stocks?

WTI is the stock ticker symbol of W&T Offshore Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of W&T Offshore Inc (WTI)?

As of Fri May 17 2024, market cap of W&T Offshore Inc is 345.11 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WTI stock?

You can check WTI's fair value in chart for subscribers.

What is the fair value of WTI stock?

You can check WTI's fair value in chart for subscribers. The fair value of W&T Offshore Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of W&T Offshore Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WTI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is W&T Offshore Inc a good stock to buy?

The fair value guage provides a quick view whether WTI is over valued or under valued. Whether W&T Offshore Inc is cheap or expensive depends on the assumptions which impact W&T Offshore Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WTI.

What is W&T Offshore Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, WTI's PE ratio (Price to Earnings) is -15.77 and Price to Sales (PS) ratio is 0.64. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WTI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on W&T Offshore Inc's stock?

In the past 10 years, W&T Offshore Inc has provided -0.168 (multiply by 100 for percentage) rate of return.