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W&T Offshore, Inc. (WTI)

NYSE: WTI · IEX Real-Time Price · USD
3.38
-0.02 (-0.59%)
At close: Dec 3, 2021 4:00 PM
3.27
-0.11 (-3.25%)
After-hours:Dec 3, 2021 7:56 PM EST
Market Cap484.05M
Revenue (ttm)487.17M
Net Income (ttm)-99.33M
Shares Out143.21M
EPS (ttm)-0.70
PE Ration/a
Forward PE3.62
Dividendn/a
Ex-Dividend Daten/a
Volume2,038,699
Open3.50
Previous Close3.40
Day's Range3.31 - 3.54
52-Week Range2.09 - 5.14
Beta2.99
AnalystsBuy
Price Target5.37 (+58.9%)
Earnings DateNov 2, 2021

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, natural gas liquids, and natural gas. It holds working interest in approximately 43 offshore fields in federal and state waters. The company also owns interest in approximately 146 offshore structures. It has interests in offshore leases covering approximately 506,000 net acres spanning across the Outer Continental Shelf off the coasts of L...

IndustryOil, Gas & Consumable Fuels
IPO DateJan 28, 2005
CEOTracy Krohn
Employees303
Stock ExchangeNYSE
Ticker SymbolWTI
Full Company Profile

Financial Performance

In 2020, W&T Offshore's revenue was $346.63 million, a decrease of -35.20% compared to the previous year's $534.90 million. Earnings were $37.79 million, a decrease of -48.99%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for W&T Offshore stock is "Buy." The 12-month stock price forecast is 5.37, which is an increase of 58.88% from the latest price.

Price Target
$5.37
(58.88% upside)
Analyst Consensus: Buy

News

Why Is W&T (WTI) Down 19.9% Since Last Earnings Report?

W&T (WTI) reported earnings 30 days ago. What's next for the stock?

1 day ago - Zacks Investment Research

W&T Offshore Apparent High Bidder on Two Gulf of Mexico Blocks in Lease Sale 257 and Announces Participation in Upcom...

HOUSTON, Nov. 19, 2021 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company was the apparent high bidder on two blocks in the Gulf of Mexico Lease...

2 weeks ago - GlobeNewsWire

W&T Offshore (WTI) Up 1.7% Since Q3 Earnings Beat Estimates

For fourth-quarter 2021, W&T Offshore (WTI) expects total production within 34.8-38.5 MBoe/d.

3 weeks ago - Zacks Investment Research

W&T Offshore (WTI) Reports Break-Even Earnings for Q3

W&T (WTI) delivered earnings and revenue surprises of 100.00% and 14.73%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

W&T Offshore Announces Third Quarter 2021 Results and Changes to Credit Agreement

HOUSTON, Nov. 02, 2021 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the third quarter 2021. The Company also announced...

1 month ago - GlobeNewsWire

W&T Offshore (WTI) Reports Next Week: What to Expect

W&T (WTI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Why W&T Offshore Stock Is Soaring Today

An analyst sees higher prices ahead for this oil company.

1 month ago - The Motley Fool

W&T Offshore's (WTI) Q3 Production Guidance Cut, LOE to Rise

W&T Offshore (WTI) has recovered the majority of Hurricane Ida-related affected production throughout September.

1 month ago - Zacks Investment Research

W&T Offshore Provides Operational Update and Announces Timing of Third Quarter Earnings Reporting

HOUSTON, Oct. 18, 2021 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today provided an operational update and announced the timing of its third quarter 2021 earnings releas...

1 month ago - GlobeNewsWire

Are Options Traders Betting on a Big Move in W&T Offshore (WTI) Stock?

Investors need to pay close attention to W&T Offshore (WTI) stock based on the movements in the options market lately.

1 month ago - Zacks Investment Research

Sluggish Midstream M&A Activity Isn't a Bad Thing

Oil prices are bouncing back this year, and some commodities market observers see West Texas Intermediate (WTI) working its way to $80 per barrel. Those are among the reasons the Alerian Energy Infrastr...

Other symbols:ENFR
2 months ago - ETF Trends

W&T Offshore to Participate in Barclays CEO Energy-Power Conference

HOUSTON, Sept. 02, 2021 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company will participate in the virtual Barclays CEO Energy-Power Conference ...

3 months ago - GlobeNewsWire

Why Is W&T (WTI) Up 1.6% Since Last Earnings Report?

W&T (WTI) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

W&T Offshore (WTI) Down 18% Since Q2 Earnings Miss Estimates

W&T Offshore (WTI) narrows total production expectation to 39,000-41,000 Boe/d from the previous guidance.

3 months ago - Zacks Investment Research

W&T Offshore to Participate in Upcoming Investor Conferences

HOUSTON, Aug. 11, 2021 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company will be participating in two upcoming investor conferences.

3 months ago - GlobeNewsWire

3 Penny Stocks Insiders Are Buying

When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overa...

Other symbols:DPWIDW
3 months ago - Benzinga

Why Phillips 66, Genesis Energy, and W&T Offshore Stocks are Getting Crushed Today

A combination of falling oil prices, worries about the delta coronavirus variant, and reactions to earnings is sending most oil stocks down on Wednesday.

Other symbols:GELPSX
3 months ago - The Motley Fool

W&T Offshore (WTI) Q2 Earnings Lag Estimates

W&T (WTI) delivered earnings and revenue surprises of -77.78% and 8.84%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

W&T Offshore Announces Second Quarter 2021 Results

HOUSTON, Aug. 03, 2021 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the second quarter 2021.

4 months ago - GlobeNewsWire

W&T Offshore (WTI) Sees Hammer Chart Pattern: Time to Buy?

W&T Offshore (WTI) has been struggling lately, but the selling pressure may be coming to an end soon.

4 months ago - Zacks Investment Research

W&T Offshore (WTI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

W&T (WTI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

W&T Offshore Announces Timing of Second Quarter 2021 Earnings Release and Conference Call

HOUSTON, July 22, 2021 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) today announced the timing of its second quarter 2021 earnings release and conference call.

4 months ago - GlobeNewsWire

Where to Find the Best Stock Deals Right Now

These companies have some of the lowest P/Es among the Zacks Rank Strong Buy stocks.

Other symbols:CWHKBHSWBI
4 months ago - Zacks Investment Research

New Strong Buy Stocks for July 20th

AN, LPX, PAG, WTI, and BSET have been added to the Zacks Rank #1 (Strong Buy) List on July 20, 2021.

Other symbols:ANBSETLPXPAG
4 months ago - Zacks Investment Research

Popular Penny Stocks to Buy Right Now? 7 For Your Watchlist

Trending penny stocks can be a great addition to your watchlist, here's 7 popular small-caps for your list The post Popular Penny Stocks to Buy Right Now? 7 For Your Watchlist appeared first on Penny St...

Other symbols:BRNHUTIBIOREITNXPURG
5 months ago - PennyStocks