W&T Offshore, Inc. (WTI)

Market Cap	296.19M
Revenue (ttm)	537.26M
Net Income (ttm)	-64.23M
Shares Out	147.36M
EPS (ttm)	-0.44
PE Ratio	n/a
Forward PE	n/a
Dividend	$0.04 (1.99%)
Ex-Dividend Date	Aug 20, 2024

Volume	790,220
Open	2.000
Previous Close	1.980
Day's Range	1.990 - 2.020
52-Week Range	1.920 - 3.550
Beta	1.40
Analysts	Strong Buy
Price Target	7.80 (+288.06%)
Earnings Date	Nov 7, 2024

About 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 and condensate, natural gas liquids, and natural gas. W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• IPO Date: Jan 28, 2005
• Employees: 395
• Stock Exchange: NYSE
• Ticker Symbol: WTI
• Website: https://www.wtoffshore.com

Financial Performance

In 2023, W&T Offshore's revenue was $532.66 million, a decrease of -42.17% compared to the previous year's $921.00 million. Earnings were $15.60 million, a decrease of -93.25%.

Analyst Forecast

According to one analyst, the rating for WTI stock is "Strong Buy" and the 12-month stock price forecast is $7.8.

Price Target

$7.8

(288.06% upside)

Analyst Consensus: Strong Buy