NYSE:WTI W&T Offshore (WTI) Stock Price, News & Analysis → The ProTrader Dashboard is simple to use! (trade demo inside) (From WealthPress) (Ad) Free WTI Stock Alerts $2.65 +0.10 (+3.92%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$2.56▼$2.6750-Day Range$2.46▼$3.2652-Week Range$2.45▼$5.64Volume2.71 million shsAverage Volume3.00 million shsMarket Capitalization$389.18 millionP/E Ratio26.50Dividend Yield1.51%Price Target$7.90 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get W&T Offshore alerts: Email Address W&T Offshore MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside198.1% Upside$7.90 Price TargetShort InterestBearish24.00% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment-0.54Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth31.25%From $0.16 to $0.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.66 out of 5 starsOils/Energy Sector88th out of 238 stocksCrude Petroleum & Natural Gas Industry34th out of 73 stocks 3.5 Analyst's Opinion Consensus RatingW&T Offshore has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.90, W&T Offshore has a forecasted upside of 198.1% from its current price of $2.65.Amount of Analyst CoverageW&T Offshore has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted24.00% of the float of W&T Offshore has been sold short.Short Interest Ratio / Days to CoverW&T Offshore has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in W&T Offshore has recently increased by 17.90%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldW&T Offshore pays a meaningful dividend of 1.63%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthW&T Offshore does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of W&T Offshore is 40.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, W&T Offshore will have a dividend payout ratio of 19.05% next year. This indicates that W&T Offshore will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WTI. Previous Next 1.4 News and Social Media Coverage News SentimentW&T Offshore has a news sentiment score of -0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for W&T Offshore this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for WTI on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.MarketBeat Follows8 people have added W&T Offshore to their MarketBeat watchlist in the last 30 days. This is an increase of 700% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, W&T Offshore insiders have not sold or bought any company stock.Percentage Held by Insiders33.50% of the stock of W&T Offshore is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions42.88% of the stock of W&T Offshore is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for W&T Offshore are expected to grow by 31.25% in the coming year, from $0.16 to $0.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of W&T Offshore is 26.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.81.Price to Earnings Ratio vs. SectorThe P/E ratio of W&T Offshore is 26.50, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 20.78.Price to Book Value per Share RatioW&T Offshore has a P/B Ratio of 12.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsDid You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here About W&T Offshore Stock (NYSE: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.Read More WTI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WTI Stock News HeadlinesMarch 26, 2024 | globenewswire.comW&T Announces Participation in Water Tower Research Fireside Chat on March 27, 2024March 22, 2024 | americanbankingnews.comZacks Research Equities Analysts Lower Earnings Estimates for W&T Offshore, Inc. (NYSE:WTI)March 29, 2024 | Crypto 101 Media (Ad)Altcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… March 20, 2024 | americanbankingnews.comQ1 2024 Earnings Estimate for W&T Offshore, Inc. (NYSE:WTI) Issued By Zacks ResearchMarch 18, 2024 | globenewswire.comW&T Offshore Announces Liquidity-Enhancing Modifications to the Non-Recourse Term Loan with Munich ReMarch 16, 2024 | finance.yahoo.comWTI Apr 2024 5.000 callMarch 16, 2024 | finance.yahoo.comWTI Apr 2024 2.500 putMarch 12, 2024 | benzinga.comThursday Is Your Last Chance To Buy W&T Offshore Before The Dividend PayoutMarch 29, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.March 11, 2024 | globenewswire.comW&T Offshore Announces Participation in 36th Annual Roth ConferenceMarch 10, 2024 | finance.yahoo.comW&T Offshore, Inc. (NYSE:WTI) Pays A US$0.01 Dividend In Just Four DaysMarch 8, 2024 | finance.yahoo.comW&T Offshore Full Year 2023 Earnings: EPS Beats ExpectationsMarch 7, 2024 | finance.yahoo.comW&T Offshore Inc Reports Mixed 2023 Results and Optimistic Outlook for 2024March 7, 2024 | msn.comW&T Offshore, Inc. (NYSE:WTI) Q4 2023 Earnings Call TranscriptMarch 7, 2024 | seekingalpha.comW&T Offshore misses top-line and bottom-line estimates; initiates Q1 and FY24 outlookMarch 7, 2024 | finance.yahoo.comQ4 2023 W&T Offshore Inc Earnings CallMarch 6, 2024 | washingtonpost.comW&T: Q4 Earnings SnapshotMarch 6, 2024 | msn.comW&T Offshore declares $0.01 dividendMarch 5, 2024 | investorplace.comWTI Stock Earnings: W&T Offshore Misses EPS, Misses Revenue for Q4 2023March 5, 2024 | globenewswire.comW&T Offshore Announces Fourth Quarter and Full Year 2023 Results Including Year-End 2023 Proved Reserves, Provides Guidance for 2024, and Declares Dividend for First Quarter of 2024March 4, 2024 | msn.comW&T Offshore Q4 2023 Earnings PreviewFebruary 26, 2024 | benzinga.comHow Is The Market Feeling About W&T Offshore?February 21, 2024 | finance.yahoo.comW&T Offshore, Inc. (NYSE:WTI) has caught the attention of institutional investors who hold a sizeable 44% stakeFebruary 15, 2024 | finance.yahoo.comW&T Offshore Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call as well as Posting of Interview with Chairman and CEO Tracy Krohn on WebsiteFebruary 15, 2024 | globenewswire.comW&T Offshore Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call as well as Posting of Interview with Chairman and CEO Tracy Krohn on WebsiteJanuary 31, 2024 | wsj.comW&T Offshore Inc.January 30, 2024 | oilprice.comOffshore Wind Industry Says Germany Must Act to Boost CapacitySee More Headlines Receive WTI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for W&T Offshore and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/05/2024Ex-Dividend for 3/25 Dividend3/15/2024Dividend Payable3/25/2024Today3/28/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production Current SymbolNYSE:WTI CUSIP92922P10 CIK1288403 Webwww.wtoffshore.com Phone(713) 626-8525Fax713-626-8527Employees395Year FoundedN/APrice Target and Rating Average Stock Price Target$7.90 High Stock Price Target$7.90 Low Stock Price Target$7.90 Potential Upside/Downside+198.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.10 Trailing P/E Ratio26.50 Forward P/E Ratio16.56 P/E GrowthN/ANet Income$15.60 million Net Margins2.93% Pretax Margin6.37% Return on Equity-71.70% Return on Assets-1.95% Debt Debt-to-Equity Ratio11.58 Current Ratio1.22 Quick Ratio1.22 Sales & Book Value Annual Sales$532.66 million Price / Sales0.73 Cash Flow$0.95 per share Price / Cash Flow2.79 Book Value$0.21 per share Price / Book12.62Miscellaneous Outstanding Shares146,860,000Free Float97,660,000Market Cap$389.18 million OptionableOptionable Beta1.55 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Tracy W. Krohn (Age 69)Founder, Chairman, CEO & President Comp: $5.31MMr. William J. Williford (Age 51)?Executive VP & COO Comp: $1.26MMr. Jonathan C. Curth (Age 41)Executive VP, General Counsel & Corporate Secretary Comp: $744.8kMr. Sameer Parasnis (Age 49)Executive VP & CFO Mr. Bart P. Hartman III (Age 48)VP & Chief Accounting Officer Mr. Alvin T. HaynesVice President and Chief Information OfficerMr. W. Allen TateSenior Vice President of MarketingMs. Kristen EcklundVice President of Human ResourcesMr. Todd E. Grabois (Age 64)VP & Treasurer Al PetrieInvestor Relations CoordinatorMore ExecutivesKey CompetitorsSandRidge EnergyNYSE:SDBerryNASDAQ:BRYPHX MineralsNYSE:PHXVAALCO EnergyNYSE:EGYAmplify EnergyNYSE:AMPYView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 144,541 shares on 3/11/2024Ownership: 4.173%Fisher Asset Management LLCSold 55,513 shares on 3/5/2024Ownership: 0.353%Goldman Sachs Group Inc.Bought 176,222 shares on 3/1/2024Ownership: 0.433%Nuveen Asset Management LLCBought 3,588 shares on 2/15/2024Ownership: 0.174%Citadel Advisors LLCBought 5,200 shares on 2/15/2024Ownership: 0.000%View All Institutional Transactions WTI Stock Analysis - Frequently Asked Questions Should I buy or sell W&T Offshore stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WTI shares. View WTI analyst ratings or view top-rated stocks. What is W&T Offshore's stock price target for 2024? 1 analysts have issued 12 month target prices for W&T Offshore's stock. Their WTI share price targets range from $7.90 to $7.90. On average, they expect the company's share price to reach $7.90 in the next year. This suggests a possible upside of 198.1% from the stock's current price. View analysts price targets for WTI or view top-rated stocks among Wall Street analysts. How have WTI shares performed in 2024? W&T Offshore's stock was trading at $3.26 at the start of the year. Since then, WTI shares have decreased by 18.7% and is now trading at $2.65. View the best growth stocks for 2024 here. When is W&T Offshore's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our WTI earnings forecast. How were W&T Offshore's earnings last quarter? W&T Offshore, Inc. (NYSE:WTI) announced its earnings results on Tuesday, March, 5th. The oil and gas company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.08. The oil and gas company had revenue of $132.30 million for the quarter, compared to analyst estimates of $138.23 million. W&T Offshore had a negative trailing twelve-month return on equity of 71.70% and a net margin of 2.93%. The company's revenue for the quarter was down 30.3% compared to the same quarter last year. During the same period last year, the company earned $0.10 EPS. How often does W&T Offshore pay dividends? What is the dividend yield for W&T Offshore? W&T Offshore declared a quarterly dividend on Tuesday, March 5th. Investors of record on Monday, March 18th will be given a dividend of $0.01 per share on Monday, March 25th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date is Friday, March 15th. Read our dividend analysis for WTI. Is W&T Offshore a good dividend stock? W&T Offshore (NYSE:WTI) pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.63%. The dividend payout ratio is 40.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WTI will have a dividend payout ratio of 19.05% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for WTI. What ETFs hold W&T Offshore's stock? ETFs with the largest weight of W&T Offshore (NYSE:WTI) stock in their portfolio include First Trust Natural Gas ETF (FCG).SPDR S&P Oil & Gas Exploration & Production ETF (XOP). What is Tracy W. Krohn's approval rating as W&T Offshore's CEO? 15 employees have rated W&T Offshore Chief Executive Officer Tracy W. Krohn on Glassdoor.com. Tracy W. Krohn has an approval rating of 55% among the company's employees. This puts Tracy W. Krohn in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. 52.0% of employees surveyed would recommend working at W&T Offshore to a friend. What other stocks do shareholders of W&T Offshore own? Based on aggregate information from My MarketBeat watchlists, some companies that other W&T Offshore investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), QUALCOMM (QCOM), Pure Storage (PSTG), Overstock.com (OSTK), Riot Platforms (RIOT), Mastercard (MA), PayPal (PYPL), Enphase Energy (ENPH) and Livongo Health (LVGO). Who are W&T Offshore's major shareholders? W&T Offshore's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.18%), Vanguard Group Inc. (4.17%), Dimensional Fund Advisors LP (1.80%), Northern Trust Corp (0.81%), First Trust Advisors LP (0.64%) and Russell Investments Group Ltd. (0.58%). Insiders that own company stock include B Frank Stanley, Shahid Ghauri and Virginia Boulet. View institutional ownership trends. How do I buy shares of W&T Offshore? Shares of WTI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:WTI) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI healthcare stock poised for 36,996% growth?Behind the MarketsBill Gates is all about this tiny $2 stockTimothy Sykes Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding W&T Offshore, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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