W&T Offshore Management

Management criteria checks 3/4

W&T Offshore's CEO is Tracy Krohn, appointed in Jan 1983, has a tenure of 42.33 years. total yearly compensation is $4.17M, comprised of 19.2% salary and 80.8% bonuses, including company stock and options. directly owns 32.76% of the company’s shares, worth €48.90M. The average tenure of the management team and the board of directors is 2.9 years and 10 years respectively.

Key information

Tracy Krohn

Chief executive officer

US$4.2m

Total compensation

CEO salary percentage19.2%
CEO tenure42.3yrs
CEO ownership32.8%
Management average tenure2.9yrs
Board average tenure10yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Tracy Krohn's remuneration changed compared to W&T Offshore's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024US$4mUS$800k

-US$87m

Sep 30 2024n/an/a

-US$64m

Jun 30 2024n/an/a

-US$25m

Mar 31 2024n/an/a

-US$22m

Dec 31 2023US$6mUS$906k

US$16m

Sep 30 2023n/an/a

US$59m

Jun 30 2023n/an/a

US$124m

Mar 31 2023n/an/a

US$260m

Dec 31 2022US$12mUS$1m

US$231m

Sep 30 2022n/an/a

US$237m

Jun 30 2022n/an/a

US$132m

Mar 31 2022n/an/a

-US$43m

Dec 31 2021US$5mUS$1m

-US$41m

Sep 30 2021n/an/a

-US$99m

Jun 30 2021n/an/a

-US$74m

Mar 31 2021n/an/a

-US$29m

Dec 31 2020US$2mUS$1m

US$38m

Sep 30 2020n/an/a

US$56m

Jun 30 2020n/an/a

US$143m

Mar 31 2020n/an/a

US$186m

Dec 31 2019US$5mUS$1m

US$73m

Sep 30 2019n/an/a

US$197m

Jun 30 2019n/an/a

US$167m

Mar 31 2019n/an/a

US$165m

Dec 31 2018US$6mUS$1m

US$239m

Compensation vs Market: Tracy's total compensation ($USD4.17M) is above average for companies of similar size in the German market ($USD865.87K).

Compensation vs Earnings: Tracy's compensation has been consistent with company performance over the past year.


CEO

Tracy Krohn (69 yo)

42.3yrs

Tenure

US$4,171,834

Compensation

Mr. Tracy W. Krohn founded W&T Offshore, Inc. in 1983 and serves as its Chairman since 2004, Chief Executive Officer since 1983 & President since March 9, 2017. Mr. Krohn served as President and Treasurer...


Leadership Team

NamePositionTenureCompensationOwnership
Tracy Krohn
Founder42.3yrsUS$4.17m32.76%
€ 48.9m
Sameer Parasnis
Executive VP & CFO1.8yrsUS$1.94m0.0093%
€ 13.9k
William Williford
?Executive VP & COO3.2yrsUS$1.94m0.14%
€ 209.4k
George Hittner
Executive VPless than a yearUS$884.79k0.077%
€ 114.9k
Bart Hartman
VP & Chief Accounting Officer3yrsno data0.012%
€ 18.3k
Huan Gamblin
Executive VP & Chief Technical Officerless than a yearno data0.022%
€ 32.4k
Alvin T. Haynes
Vice President and Chief Information Officer2.8yrsno datano data
W. Tate
Senior Vice President of Marketing18.8yrsno datano data
Kristen Ecklund
Vice President of Human Resources2.4yrsno datano data
Todd Grabois
VP & Treasurer18.8yrsno datano data
Al Petrie
Investor Relations Coordinatorno datano datano data

2.9yrs

Average Tenure

49yo

Average Age

Experienced Management: UWV's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tracy Krohn
Founder21.3yrsUS$4.17m32.76%
€ 48.9m
Nancy Chang
Independent Director2yrsUS$255.00k0.026%
€ 39.2k
Virginia Boulet
Independent Director20.2yrsUS$255.00k0.25%
€ 374.3k
Daniel Conwill
Independent Director4yrsUS$255.00k0.050%
€ 74.5k
John Buchanan
Independent Presiding Director1.1yrsUS$222.99kno data
B. Stanley
Independent Director16yrsUS$260.00k0.22%
€ 323.2k

10.0yrs

Average Tenure

69yo

Average Age

Experienced Board: UWV's board of directors are seasoned and experienced ( 10 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/06 17:29
End of Day Share Price 2025/05/06 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

W&T Offshore, Inc. is covered by 22 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey RobertsonBarclays
Daniel McSpiritBMO Capital Markets Equity Research
Daniel McSpiritBMO Capital Markets U.S. (Historical)