WTI Stock Price, W&T Offshore Inc Quote, Chart

Market Summary

USD2.51-0.06

Market Closed

-2.33%

WTI Stock Price

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WTI RSI Chart

WTI Valuation

Market Cap

368.6M

Price/Earnings (Trailing)

23.63

Price/Sales (Trailing)

0.69

EV/EBITDA

2.91

Price/Free Cashflow

3.2

WTI Price/Sales (Trailing)

WTI Profitability

EBT Margin

6.37%

Return on Equity

50.01%

Return on Assets

1.4%

Free Cashflow Yield

31.29%

WTI Fundamentals

WTI Revenue

Revenue (TTM)

532.7M

Rev. Growth (Yr)

-30.24%

Rev. Growth (Qtr)

-7.07%

WTI Earnings

Earnings (TTM)

15.6M

Earnings Growth (Yr)

-101.02%

Earnings Growth (Qtr)

-120.65%

Breaking Down WTI Revenue

Last 7 days

-3.1%

Last 30 days

-3.1%

Last 90 days

-3.5%

Trailing 12 Months

-48.9%

How does WTI drawdown profile look like?

WTI Financial Health

Current Ratio

1.22

Debt/Equity

11.77

Debt/Cashflow

0.31

WTI Investor Care

Shares Dilution (1Y)

0.27%

Diluted EPS (TTM)

0.11

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	861.7M	714.1M	590.0M	532.7M
2022	623.4M	764.3M	896.9M	921.0M
2021	348.2M	425.7M	487.2M	558.0M
2020	542.9M	463.5M	403.8M	346.6M
2019	562.6M	547.7M	526.4M	534.9M
2018	496.9M	523.2M	566.4M	580.7M
2017	446.7M	470.3M	473.2M	487.1M
2016	457.1M	407.7M	388.8M	400.0M
2015	822.1M	708.2M	599.9M	507.3M
2014	979.4M	1.0B	997.0M	948.7M
2013	897.8M	917.7M	976.3M	984.1M
2012	996.1M	958.7M	899.2M	874.5M
2011	747.1M	820.3M	896.1M	971.0M
2010	634.7M	658.4M	682.1M	705.8M
2009	0	0	0	611.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of W&T Offshore Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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

Which funds bought or sold WTI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 15, 2024	Octavia Wealth Advisors, LLC	added	7.23	-7,661	52,046	0.01%
Apr 11, 2024	Fortitude Family Office, LLC	sold off	-100	-2,008	-	-%
Apr 11, 2024	SANDERS MORRIS HARRIS LLC	new	-	26,500	26,500	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	sold off	-100	-262,883	-	-%
Apr 05, 2024	CWM, LLC	added	35.26	-	1,000	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	unchanged	-	-13,116	38,178	-%
Mar 11, 2024	VANGUARD GROUP INC	added	2.42	-6,230,720	19,978,600	-%
Mar 05, 2024	Fisher Asset Management, LLC	reduced	-9.69	-822,463	1,686,220	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	176	2,130,020	4,137,980	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	reduced	-0.4	-55,608	159,349	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
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
Mar 06, 2024	10-K	Annual Report
Mar 05, 2024	8-K	Current Report
Mar 01, 2024	8-K	Current Report
Feb 13, 2024	SC 13G/A	Major Ownership Report
Jan 29, 2024	SC 13G	Major Ownership Report
Jan 26, 2024	8-K	Current Report

Peers (Alternatives to W&T Offshore Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	470.8B	344.6B	6.64%	3.45%	13.07	1.37	-16.70%	-35.40%
CVX	290.2B	200.9B	0.44%	-8.59%	13.58	1.44	-18.40%	-39.75%
OXY	58.8B	28.9B	6.67%	6.18%	12.52	2.03	-22.04%	-64.70%
MRO	16.4B	6.6B	6.90%	14.27%	10.53	2.46	-17.41%	-56.98%
CHK	11.4B	8.7B	4.53%	6.94%	4.72	1.31	-25.73%	-50.99%
MID-CAP
RRC	8.5B	2.7B	9.08%	30.31%	9.71	3.09	-43.74%	-26.38%
HP	4.1B	2.8B	2.67%	11.77%	9.42	1.44	19.47%	177.97%
CNX	3.6B	3.4B	11.62%	46.29%	2.1	1.05	172.35%	1311.12%
KOS	2.9B	1.7B	6.67%	-19.58%	13.43	1.68	-26.01%	-5.75%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	281.0M	307.6M	18.08%	-1.93%	0.72	0.91	-32.91%	578.62%
AMTX	165.3M	186.7M	25.16%	63.03%	-3.81	0.89	-27.21%	49.68%
BATL	86.9M	220.8M	-10.81%	-32.65%	-28.51	0.39	-38.52%	-116.44%
AE	73.4M	2.7B	19.17%	-26.91%	346.26	0.03	-18.46%	-93.92%
BRN	28.0M	23.9M	18.22%	3.72%	-10.31	1.17	-21.86%	-149.09%

W&T Offshore Inc News

Latest updates

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

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-7.1%	132	142	126	132	190	266	274	191	166	134	133	126	95.00	73.00	55.00	124	152	132	135	116	143
Costs and Expenses	4.3%	131	125	126	121	134	128	111	93.00	97.00	86.00	99.00	86.00	118	92.00	83.00	52.00	75.00	97.00	97.00	147	41.00
S&GA Expenses	-8.6%	18.00	20.00	17.00	20.00	22.00	23.00	15.00	14.00	14.00	13.00	14.00	11.00	8.00	14.00	6.00	14.00	18.00	10.00	13.00	14.00	15.00
EBITDA Margin	-11.0%	0.36*	0.41*	0.45*	0.57*	0.50*	0.53*	0.45*	0.19*	0.20*	0.02*	0.05*	0.21*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.0%	10.00	10.00	10.00	15.00	15.00	17.00	18.00	20.00	20.00	19.00	17.00	15.00	15.00	14.00	15.00	17.00	17.00	14.00	12.00	16.00	15.00
Income Taxes	-59.1%	2.00	5.00	3.00	9.00	7.00	16.00	31.00	-0.69	11.00	-5.90	-12.74	-0.20	-6.90	-21.10	-8.70	6.00	-8.20	-55.50	-11.70	0.00	0.00
Earnings Before Taxes	-78.5%	1.00	7.00	-9.11	35.00	50.00	83.00	155	-3.15	60.00	-43.87	-64.41	-0.95	-15.81	-34.40	-14.64	72.00	1.00	20.00	25.00	-47.59	139
EBT Margin	-54.6%	0.06*	0.14*	0.22*	0.37*	0.31*	0.33*	0.22*	-0.08*	-0.09*	-0.26*	-0.27*	-0.19*	-	-	-	-	-	-	-	-	-
Net Income	-120.7%	-0.44	2.00	-12.11	26.00	43.00	67.00	123	-2.46	49.00	-37.96	-51.67	-0.75	-8.95	-13.34	-5.90	66.00	10.00	76.00	36.00	-47.76	139
Net Income Margin	-71.0%	0.03*	0.10*	0.17*	0.30*	0.25*	0.26*	0.17*	-0.07*	-0.07*	-0.20*	-0.18*	-0.08*	-	-	-	-	-	-	-	-	-
Free Cashflow	18.8%	36.00	30.00	26.00	23.00	13.00	89.00	210	28.00	22.00	65.00	1.00	45.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.0%	1,114	1,125	1,102	1,110	1,432	1,490	1,440	1,350	1,193	1,243	1,139	950	941	949	943	1,009	1,004	1,027	868	843	849
Current Assets	6.5%	265	249	255	267	570	611	548	430	358	383	302	134	107	112	106	176	142	201	253	233	226
Cash Equivalents	16.3%	173	149	172	177	461	447	378	215	246	258	209	53.00	44.00	57.00	37.00	48.00	32.00	42.00	66.00	86.00	33.00
Net PPE	-2.9%	749	771	738	724	735	730	741	732	665	654	658	669	687	694	713	730	749	721	525	515	515
Current Liabilities	0.5%	217	216	209	182	792	381	384	426	324	380	244	160	115	129	114	145	190	228	210	219	186
Long Term Debt	-1.6%	361	367	373	372	111	666	672	680	688	696	718	594	625	625	624	668	720	719	634	634	634
LT Debt, Current	-2.2%	29.00	30.00	31.00	31.00	582	35.00	37.00	40.00	43.00	46.00	37.00	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	-1.6%	361	367	373	372	111	666	672	680	688	696	718	594	625	625	624	668	720	719	634	634	634
Shareholder's Equity	4.0%	31.00	30.00	25.00	35.00	8.00	-	-	-	-247	-	-	-	-208	-	-	-	-	-	-	-	-
Retained Earnings	-0.4%	-530	-528	-530	-518	-544	-588	-654	-778	-775	-824	-786	-735	-734	-725	-712	-706	-772	-781	-857	-894	-846
Additional Paid-In Capital	0.5%	586	583	580	578	577	557	555	553	553	552	551	551	550	550	549	548	547	548	547	546	546
Accumulated Depreciation	-	8,214	-	-	-	8,099	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Outstanding	0.0%	147	147	146	146	146	143	143	143	142	142	142	142	-	-	-	-	-	-	-	-	-
Float	-	-	-	338	-	-	-	407	-	-	-	453	-	-	-	213	-	-	-	463	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	18.8%	35,664	30,030	26,197	23,435	12,679	89,092	210,222	27,537	22,377	65,097	1,230	44,964	-6,229	21,260	9,154	84,324	45,631	80,280	21,471	84,845	26,911
Share Based Compensation	-3.9%	3,124	3,250	2,087	1,922	2,743	2,645	2,014	520	1,585	858	467	454	817	1,075	1,019	1,048	1,261	1,248	1,259	-78.00	-267
Cashflow From Investing	95.2%	-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	-20,655
Cashflow From Financing	-18.2%	-9,162	-7,751	-10,735	-294,089	6,951	-8,909	-14,035	-12,899	-14,707	-13,187	160,160	-32,000	-670	-	-15,394	-33,536	-2,345	83,823	-310	-441	-312,026

WTI Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenues:
Total revenues	$ 532,656	$ 920,997	$ 558,010
Operating expenses:
Lease operating expenses	257,676	224,414	174,582
Gathering, transportation and production taxes	26,250	35,128	27,919
Depreciation, depletion, and amortization	114,677	107,122	90,522
Asset retirement obligations accretion	29,018	26,508	22,925
General and administrative expenses	75,541	73,747	52,400
Total operating expenses	503,162	466,919	368,348
Operating income	29,494	454,078	189,662
Interest expense, net	44,689	69,441	70,049
Derivative (gain) loss, net	(54,759)	85,533	175,313
Other expense (income), net	5,621	14,295	(6,165)
Income (loss) before income taxes	33,943	284,809	(49,535)
Income tax expense	18,345	53,660	(8,057)
Net income (loss)	$ 15,598	$ 231,149	$ (41,478)
Net income (loss) per common share:
Basic	$ 0.11	$ 1.61	$ (0.29)
Diluted	$ 0.11	$ 1.59	$ (0.29)
Weighted average common shares outstanding:
Basic	146,483	143,143	142,271
Diluted	148,302	145,090	142,271
Oil
Revenues:
Total revenues	$ 381,389	$ 524,274	$ 329,557
NGLs
Revenues:
Total revenues	32,446	56,964	44,343
Natural gas
Revenues:
Total revenues	110,158	323,831	173,749
Other
Revenues:
Total revenues	$ 8,663	$ 15,928	$ 10,361

WTI Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 173,338	$ 461,357
Restricted cash	4,417	4,417
Accounts receivable:
Oil and natural gas sales	52,080	66,146
Joint interest, net	15,480	14,000
Other	2,218
Prepaid expenses and other current assets (Note 16)	17,447	24,343
Total current assets	264,980	570,263
Oil and natural gas properties and other, net (Note 1)	749,056	735,215
Restricted deposits for asset retirement obligations	22,272	21,483
Deferred income taxes	38,774	57,280
Other assets (Note 16)	38,923	47,549
Total assets	1,114,005	1,431,790
Current liabilities:
Accounts payable	78,857	65,158
Accrued liabilities (Note 16)	31,879	74,041
Undistributed oil and natural gas proceeds	42,134	41,934
Advances from joint interest partners	2,962	3,181
Income tax payable	99	412
Current portion of asset retirement obligation (Note 8)	31,553	25,359
Current portion of long-term debt, net (Note 2)	29,368	582,249
Total current liabilities	216,852	792,334
Asset retirement obligations (Note 8)	467,262	441,071
Long-term debt, net (Note 2)	361,236	111,188
Deferred income taxes	51	72
Other liabilities (Note 16)	19,369	59,134
Commitments and contingencies (Note 17 and 19)	18,043	20,357
Shareholders' equity:
Preferred stock, $0.00001 par value; 20,000 shares authorized; none issued at December 31, 2023 and December 31, 2022
Common stock, $0.00001 par value; 400,000 shares authorized; 149,450 issued and 146,581 outstanding at December 31, 2023; 149,002 issued and 146,133 outstanding at December 31, 2022	1	1
Additional paid-in capital	586,014	576,588
Retained deficit	(530,656)	(544,788)
Treasury stock, at cost; 2,869 shares	(24,167)	(24,167)
Total shareholders' equity	31,192	7,634
Total liabilities and shareholders' equity	$ 1,114,005	$ 1,431,790

About W&T Offshore Inc

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	Mr. Tracy W. Krohn
WEBSITE	wtoffshore.com
INDUSTRY	Oil - E&P
EMPLOYEES	365

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 Tue Apr 16 2024, market cap of W&T Offshore Inc is 368.61 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 Tue Apr 16 2024, WTI's PE ratio (Price to Earnings) is 23.63 and Price to Sales (PS) ratio is 0.69. 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 -0.184 (multiply by 100 for percentage) rate of return.