W&T Offshore (WTI) Stock Price, News & Analysis

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for W&T Offshore in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" WTI shares.
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1 analysts have issued 1-year target prices 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 year. This suggests a possible upside of 212.3% from the stock's current price.
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W&T Offshore's stock was trading at $3.26 at the beginning of the year. Since then, WTI shares have decreased by 22.4% and is now trading at $2.53.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
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W&T Offshore, Inc. (NYSE:WTI) posted its quarterly earnings results on Tuesday, March, 5th. The oil and gas company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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%. The business's quarterly revenue was down 30.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.10 EPS.

W&T Offshore declared a quarterly dividend on Tuesday, March 5th. Investors of record on Monday, March 18th will be paid a dividend of $0.01 per share on Monday, March 25th. This represents a $0.04 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Friday, March 15th.
Read our dividend analysis for WTI.

W&T Offshore (NYSE:WTI) pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.54%. 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.

First Trust Natural Gas ETF holds 817,486 shares of WTI stock, representing 0.59% of its portfolio.

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.

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).

W&T Offshore's stock is owned by many different 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.
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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.
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