NYSE:WTI W&T Offshore (WTI) Stock Price, News & Analysis → Biden’s $374B Giveaway Into This Sector (From DTI) (Ad) Free WTI Stock Alerts $2.41 +0.03 (+1.26%) (As of 05:37 PM ET) Add Compare Share Share Today's Range$2.37▼$2.4450-Day Range$2.38▼$3.1452-Week Range$2.37▼$4.64Volume1.51 million shsAverage Volume2.83 million shsMarket Capitalization$353.93 millionP/E Ratio24.10Dividend Yield1.66%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/Downside227.8% Upside$7.90 Price TargetShort InterestHealthy20.11% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.28Based on 7 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.05) to $0.02 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.3.30 out of 5 starsOils/Energy Sector106th out of 230 stocksCrude Petroleum & Natural Gas Industry42nd out of 74 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.Amount of Analyst CoverageW&T Offshore has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted20.11% 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 6.7.Change versus previous monthShort interest in W&T Offshore has recently decreased by 16.21%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldW&T Offshore pays a meaningful dividend of 1.66%, 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 EPS estimates, W&T Offshore will have a dividend payout ratio of 200.00% in the coming year. This indicates that W&T Offshore may not be able to sustain their current 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 2.1 News and Social Media Coverage News SentimentW&T Offshore has a news sentiment score of -0.28. 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 0.53 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 7 news articles for W&T Offshore this week, compared to 2 articles on an average week.Search Interest8 people have searched for WTI on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows7 people have added W&T Offshore to their MarketBeat watchlist in the last 30 days. This is an increase of 133% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for W&T Offshore are expected to grow in the coming year, from ($0.05) to $0.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of W&T Offshore is 24.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.28.Price to Earnings Ratio vs. SectorThe P/E ratio of W&T Offshore is 24.10, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 18.34.Price to Book Value per Share RatioW&T Offshore has a P/B Ratio of 11.48. 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 AltimetrySecret Bull Market Starts in This Unusual Sector"We're only at the very beginning of a new wave that could deliver 500%-plus gains in the years to come." In fact, 50 small companies related to this sector have already soared 100% or more in a recent 90-day stretch. Click for my No. 1 investment, all free of charge, click 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 HeadlinesApril 18, 2024 | morningstar.comW&T Offshore IncApril 18, 2024 | americanbankingnews.comQ1 2024 EPS Estimates for W&T Offshore, Inc. Decreased by Roth Capital (NYSE:WTI)April 19, 2024 | Behind the Markets (Ad)Tiny Biotech Stock Wins $75 Billion PatentA little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.April 12, 2024 | investing.comW&T Offshore expands board, appoints new directorApril 11, 2024 | globenewswire.comW&T Announces Addition to its Board of DirectorsMarch 31, 2024 | finance.yahoo.comCan W&T Offshore, Inc. (NYSE:WTI) Maintain Its Strong Returns?March 26, 2024 | globenewswire.comW&T Announces Participation in Water Tower Research Fireside Chat on March 27, 2024March 18, 2024 | globenewswire.comW&T Offshore Announces Liquidity-Enhancing Modifications to the Non-Recourse Term Loan with Munich ReApril 19, 2024 | Behind the Markets (Ad)Tiny Biotech Stock Wins $75 Billion PatentA little-known biotech has been quietly working on revolutionary treatments for neurodegenerative diseases. Most people have never heard of them... but those in the know have been taking notice. Jeff Bezos cut them a check for $130 million. Fidelity Biosciences for a further $217 million. They've even had several collaborative partnerships with much larger companies like Biogen, Sanofi, and Takeda.March 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 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 WebsiteSee 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 Payable3/25/2024Today4/19/2024Next 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+227.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.10 Trailing P/E Ratio24.10 Forward P/E RatioN/A 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 / Sales0.66 Cash Flow$0.88 per share Price / Cash Flow2.74 Book Value$0.21 per share Price / Book11.48Miscellaneous Outstanding Shares146,860,000Free Float97,660,000Market Cap$353.93 million OptionableOptionable Beta1.52 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. 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:BRYSilverBow ResourcesNYSE:SBOWAmplify EnergyNYSE:AMPYGeoParkNYSE:GPRKView All CompetitorsInstitutional OwnershipSanders Morris Harris LLCBought 10,000 shares on 4/11/2024Ownership: 0.007%Vanguard 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%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 price objectives for W&T Offshore's shares. Their WTI share price targets range from $7.90 to $7.90. On average, they anticipate the company's share price to reach $7.90 in the next twelve months. This suggests a possible upside of 227.8% 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 on January 1st, 2024. Since then, WTI stock has decreased by 26.1% and is now trading at $2.41. 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) issued its earnings results on Tuesday, March, 5th. The oil and gas company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.08. The oil and gas company earned $132.30 million during the quarter, compared to analysts' expectations of $138.23 million. W&T Offshore had a net margin of 2.93% and a negative trailing twelve-month return on equity of 71.70%. The firm's quarterly revenue was down 30.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.10 earnings per share. 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 1.66%. 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 1.66%. The dividend payout ratio is 40.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, WTI will have a dividend payout ratio of 200.00% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for WTI. What ETF holds W&T Offshore's stock? First Trust Natural Gas ETF holds 817,486 shares of WTI stock, representing 0.59% of its portfolio. 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 a number of retail and institutional investors. Top institutional shareholders include Sanders Morris Harris LLC (0.01%). 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 4/19/2024 by MarketBeat.com Staff From Our PartnersThe “Perfect Storm” for GoldGold Safe ExchangeTiny Biotech Stock Wins $75 Billion PatentBehind the MarketsBiden’s $374B Giveaway Into This SectorDTIHe Is Giving Away BitcoinCrypto Swap ProfitsSHOCKING Crypto Leak…Crypto 101 MediaThe #1 Crypto for 2024InvestorPlaceHow Biden has already won 2024Porter & CompanyUrgent alert: open this for a huge profit potentialTimothy 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. 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