W&T Offshore, Inc. (WTI)

NYSE: WTI · IEX Real-Time Price · USD
5.79
-0.21 (-3.50%)
At close: Dec 7, 2022 4:00 PM
5.85
+0.06 (1.04%)
After-hours: Dec 7, 2022 7:56 PM EST
-3.5%
Market Cap 879.01M
Revenue (ttm) 896.89M
Net Income (ttm) 236.60M
Shares Out 143.12M
EPS (ttm) 1.56
PE Ratio 3.71
Forward PE 3.45
Dividend n/a
Ex-Dividend Date n/a
Volume 2,551,564
Open 6.01
Previous Close 6
Day's Range 5.7 - 6.1
52-Week Range 2.97 - 9.16
Beta 2.12
Analysts Buy
Price Target 9.74 (+68.2%)
Earnings Date Nov 9, 2022

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. As of December 31, 2021, the company had working interests in 43 fields in federal and state waters; and under lease approximately 606,000 gross acres, including approximately 419,000 gross acres on the Gulf of Mexico Shelf, as well as approximately 187,000 gross acres in the Gulf of Mexico deepwater. W... [Read more]

Industry Oil, Gas & Consumable Fuels
IPO Date Jan 28, 2005
CEO Tracy Krohn
Employees 323
Stock Exchange NYSE
Ticker Symbol WTI
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for WTI stock is "Buy." The 12-month stock price forecast is 9.74, which is an increase of 68.22% from the latest price.

Price Target
$9.74
(68.22% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Investors Heavily Search W&T Offshore, Inc. (WTI): Here is What You Need to Know

W&T (WTI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

10 hours ago - Zacks Investment Research

4 Energy Stocks That Wall Street Analysts Love Don't Cost Much

We are betting on four top-ranked stocks NEX, WTTR, KOS and WTI to capitalize on elevated oil prices. Apart from being inexpensive, these companies are also recommended by brokers.

Other symbols: KOSNEXWTTR
1 day ago - Zacks Investment Research

W&T Offshore Announces Management Promotions

HOUSTON, Dec. 01, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced the promotion of W. Allen Tate to Senior Vice President of Marketing, Jake G. Woodall t...

6 days ago - GlobeNewsWire

Is W&T Offshore (WTI) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 week ago - Zacks Investment Research

W&T Offshore (WTI) Beats on Q3 Earnings, Lowers Capex Guidance

Higher production and commodity price realizations aid W&T Offshore's (WTI) earnings in Q3.

3 weeks ago - Zacks Investment Research

5 Stocks Trading Near 52-Week High That Can Scale Higher

Investors target stocks that have been on a bullish run lately. Stocks like ADM, OI, AIT, RPM and WTI that are seeing price strength have a high chance of carrying the momentum forward.

Other symbols: ADMAITOIRPM
3 weeks ago - Zacks Investment Research

W&T Offshore Announces Third Quarter 2022 Results

HOUSTON, Nov. 08, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the third quarter of 2022. This press release incl...

4 weeks ago - GlobeNewsWire

W&T Offshore, Inc. (WTI) Hit a 52 Week High, Can the Run Continue?

W&T (WTI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

4 weeks ago - Zacks Investment Research

W&T (WTI) is on the Move, Here's Why the Trend Could be Sustainable

If you are looking for stocks that are well positioned to maintain their recent uptrend, W&T (WTI) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength...

1 month ago - Zacks Investment Research

W&T Offshore Announces Timing of Third Quarter 2022 Earnings

HOUSTON, Oct. 31, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced the timing of its third quarter of 2022 earnings release and conference call.

1 month ago - GlobeNewsWire

W&T (WTI) Up 14% Since Last Earnings Report: Can It Continue?

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

3 months ago - Zacks Investment Research

A Trio of Stocks With High Growth Potential

Looking for U.S.-listed equities that have the characteristics listed below represents a solid starting point when screening the market for potential value opportunities, in my opinion:

Other symbols: DXLGIRWD
3 months ago - GuruFocus

W&T Offshore Announces Participation in Upcoming Investor Events

HOUSTON, Aug. 18, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company will be participating at the following upcoming investor events:

3 months ago - GlobeNewsWire

W&T Offshore (WTI) Tops Q2 Earnings Estimates, Ups Output View

Higher production and commodity price realizations aid W&T Offshore's (WTI) earnings in Q2.

3 months ago - Zacks Investment Research

W&T Offshore (WTI) Beats Q2 Earnings and Revenue Estimates

W&T (WTI) delivered earnings and revenue surprises of 256.76% and 19.98%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

W&T Offshore Announces Strong Second Quarter 2022 Results

Net Income Totaled $123.4 Million, or $0.85 per Share Net Income Totaled $123.4 Million, or $0.85 per Share

3 months ago - GlobeNewsWire

W&T Offshore Announces Timing of Second Quarter 2022 Earnings and Participation in Investor Relations Event

HOUSTON, Aug. 05, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced the timing of its second quarter of 2022 earnings release and conference call, as well ...

4 months ago - GlobeNewsWire

Can W&T (WTI) Keep the Earnings Surprise Streak Alive?

W&T (WTI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

4 months ago - Zacks Investment Research

Why W&T Offshore (WTI) is a Top Growth Stock for the Long-Term

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

4 months ago - Zacks Investment Research

W&T Offshore Announces Appointment of General Counsel

HOUSTON, June 15, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced the appointment of Jonathan Curth to Executive Vice President, General Counsel and Corp...

5 months ago - GlobeNewsWire

W&T Offshore (WTI) is a Top-Ranked Growth Stock: Should You Buy?

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

6 months ago - Zacks Investment Research

W&T (WTI) Up 24.2% Since Last Earnings Report: Can It Continue?

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

6 months ago - Zacks Investment Research

W&T Offshore (WTI) Stock Up 3% Since Posting Q1 Earnings Beat

Higher realization of commodity prices aids W&T Offshore's (WTI) earnings in Q1.

6 months ago - Zacks Investment Research

W&T Offshore Announces Retirement of Steve L. Schroeder and Names Huan Gamblin Vice President of Business Development

HOUSTON, May 10, 2022 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that Stephen L. Schroeder, Senior Vice President and Chief Technical Officer, is retirin...

6 months ago - GlobeNewsWire

3 Undervalued Oil Stocks to Buy Before They Bubble Up

The oil industry still provides pockets of opportunity for long-term investors, supporting a few undervalued oil stocks with plenty of room to run The post 3 Undervalued Oil Stocks to Buy Before They Bu...

Other symbols: FANGVTNR
6 months ago - InvestorPlace