NYSE:WTI W&T Offshore (WTI) Stock Price, News & Analysis → Global crypto currency reset (41 major banks signed up) (From Stansberry Research) (Ad) Free WTI Stock Alerts $2.38 -0.04 (-1.66%) (As of 04/22/2024 ET) Add Compare Share Share Today's Range$2.32▼$2.4150-Day Range$2.38▼$3.1452-Week Range$2.32▼$4.60Volume1.56 million shsAverage Volume2.82 million shsMarket Capitalization$348.79 millionP/E Ratio23.75Dividend Yield1.68%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/Downside232.6% Upside$7.90 Price TargetShort InterestHealthy20.11% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.12Based 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.3.22 out of 5 starsOils/Energy Sector109th out of 236 stocksCrude Petroleum & Natural Gas Industry41st out of 76 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 1.6 News and Social Media Coverage News SentimentW&T Offshore has a news sentiment score of -0.12. 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 0.51 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 Interest9 people have searched for WTI on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added W&T Offshore to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 23.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.34.Price to Earnings Ratio vs. SectorThe P/E ratio of W&T Offshore is 23.75, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.71.Price to Book Value per Share RatioW&T Offshore has a P/B Ratio of 11.31. 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 Stansberry ResearchGlobal crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project... Here's everything you need to know. 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 21, 2024 | finance.yahoo.comAn Intrinsic Calculation For W&T Offshore, Inc. (NYSE:WTI) Suggests It's 36% UndervaluedApril 18, 2024 | morningstar.comW&T Offshore IncApril 23, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...April 18, 2024 | americanbankingnews.comQ1 2024 EPS Estimates for W&T Offshore, Inc. Decreased by Roth Capital (NYSE:WTI)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, 2024April 23, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...March 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 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% stakeSee 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 Payable3/25/2024Today4/22/2024Next 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+229.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.10 Trailing P/E Ratio24.00 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 / Book11.43Miscellaneous Outstanding Shares146,860,000Free Float97,660,000Market Cap$352.46 million OptionableOptionable Beta1.52 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.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 OwnershipNorden Group LLCBought 10,920 shares on 4/19/2024Ownership: 0.007%Sanders Morris Harris LLCBought 10,000 shares on 4/11/2024Ownership: 0.007%Fisher Asset Management LLCSold 55,513 shares on 3/5/2024Ownership: 0.353%CastleKnight Management LPSold 188,657 shares on 2/14/2024Ownership: 0.058%RPO LLCBought 24,773 shares on 2/12/2024Ownership: 0.017%View All Institutional Transactions WTI Stock Analysis - Frequently Asked Questions Should I buy or sell W&T Offshore stock right now? 1 Wall Street equities 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 equities 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 targets for W&T Offshore's stock. 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 232.6% 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 beginning of 2024. Since then, WTI stock has decreased by 27.1% and is now trading at $2.3750. 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) released its quarterly earnings data 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 had revenue of $132.30 million for the quarter, compared to analysts' expectations 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%. W&T Offshore's quarterly revenue was down 30.3% on a year-over-year basis. During the same period in the previous 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 annualized dividend and a dividend yield of 1.68%. The ex-dividend date of this dividend 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 580,842 shares of WTI stock, representing 0.32% 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 many different retail and institutional investors. Top institutional investors include Norden Group LLC (0.01%) and 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 4/23/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe A.I. story nobody is telling you (Read ASAP)TradeSmithHealthcare Takes A Big Step Forward With The Help Of AIThe Bull Reporttop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap Profits[Shocking] Elon Musk’s Plan To End BanksCrypto 101 MediaUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeForget Bitcoin. 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