W&T Offshore, Inc. (WTI)

Market Cap	343.65M
Revenue (ttm)	532.66M
Net Income (ttm)	15.60M
Shares Out	146.86M
EPS (ttm)	0.11
PE Ratio	21.36
Forward PE	11.63
Dividend	$0.04 (1.71%)
Ex-Dividend Date	Mar 15, 2024

Volume	213,586
Open	2.320
Previous Close	2.330
Day's Range	2.310 - 2.370
52-Week Range	2.300 - 4.540
Beta	1.55
Analysts	Strong Buy
Price Target	7.80 (+233.33%)
Earnings Date	May 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

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

(233.33% upside)

Analyst Consensus: Strong Buy