NYSE:WTI

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Executive Summary

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. More Details


Snowflake Analysis

Good value with questionable track record.


Similar Companies

Share Price & News

How has W&T Offshore's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WTI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-19.1%

WTI

-6.8%

US Oil and Gas

-5.3%

US Market


1 Year Return

-65.1%

WTI

-49.2%

US Oil and Gas

10.4%

US Market

Return vs Industry: WTI underperformed the US Oil and Gas industry which returned -48.3% over the past year.

Return vs Market: WTI underperformed the US Market which returned 12% over the past year.


Shareholder returns

WTIIndustryMarket
7 Day-19.1%-6.8%-5.3%
30 Day-23.9%-1.9%-2.1%
90 Day-37.5%-17.8%1.7%
1 Year-65.1%-65.1%-46.0%-49.2%12.9%10.4%
3 Year-56.0%-56.0%-49.7%-56.4%34.3%25.4%
5 Year-62.3%-62.3%-46.7%-57.1%73.7%54.3%

Price Volatility Vs. Market

How volatile is W&T Offshore's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is W&T Offshore undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: WTI ($1.4) is trading below our estimate of fair value ($7.85)

Significantly Below Fair Value: WTI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: WTI is good value based on its PE Ratio (1.4x) compared to the US Oil and Gas industry average (7.3x).

PE vs Market: WTI is good value based on its PE Ratio (1.4x) compared to the US market (18.1x).


Price to Earnings Growth Ratio

PEG Ratio: WTI's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: WTI has negative assets, so we can't compare its PB Ratio to the US Oil and Gas industry average.


Next Steps

Future Growth

How is W&T Offshore forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-65.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WTI's earnings are forecast to decline over the next 3 years (-65.5% per year).

Earnings vs Market: WTI's earnings are forecast to decline over the next 3 years (-65.5% per year).

High Growth Earnings: WTI's earnings are forecast to decline over the next 3 years.

Revenue vs Market: WTI's revenue (3.9% per year) is forecast to grow slower than the US market (10% per year).

High Growth Revenue: WTI's revenue (3.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if WTI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has W&T Offshore performed over the past 5 years?

73.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: WTI has a high level of non-cash earnings.

Growing Profit Margin: WTI's current net profit margins (31.2%) are higher than last year (30.6%).


Past Earnings Growth Analysis

Earnings Trend: WTI has become profitable over the past 5 years, growing earnings by 73.9% per year.

Accelerating Growth: WTI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WTI had negative earnings growth (-14.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-35%).


Return on Equity

High ROE: WTI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is W&T Offshore's financial position?


Financial Position Analysis

Short Term Liabilities: WTI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: WTI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: WTI has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: WTI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: WTI's debt is well covered by operating cash flow (35.1%).

Interest Coverage: WTI's interest payments on its debt are not well covered by EBIT (1.5x coverage).


Balance Sheet


Next Steps

Dividend

What is W&T Offshore current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate WTI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WTI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WTI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WTI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: WTI is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WTI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.3yrs

Average management tenure


CEO

Tracy Krohn (65 yo)

37.75yrs

Tenure

US$5,341,858

Compensation

Mr. Tracy W. Krohn Co-Founded W&T Offshore Inc., in 1983 and has been its Chief Executive Officer and President since 1983 and March 9, 2017 respectively. Mr. Krohn served as President and Treasurer of W&T ...


CEO Compensation Analysis

Compensation vs Market: Tracy's total compensation ($USD5.34M) is above average for companies of similar size in the US market ($USD1.36M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Tracy Krohn
Founder37.75yrsUS$5.34m33.6%
$ 66.6m
Janet Yang
Executive VP & CFO2.17yrsUS$1.00m0.025%
$ 48.6k
Stephen Schroeder
Senior VP & CTO8.33yrsUS$1.04m0.37%
$ 730.6k
Shahid Ghauri
VP, General Counsel & Corporate Secretary3.58yrsUS$886.98k0.054%
$ 106.3k
William Williford
Executive VP & GM of Gulf of Mexico1.92yrsUS$1.00m0.063%
$ 125.8k
Al Petrie
Investor Relations Coordinatorno datano datano data
W. Tate
Vice President of Marketing & Midstream14.17yrsno datano data
Todd Grabois
VP & Treasurer14.25yrsno datano data

8.3yrs

Average Tenure

57yo

Average Age

Experienced Management: WTI's management team is seasoned and experienced (8.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tracy Krohn
Founder37.75yrsUS$5.34m33.6%
$ 66.6m
S. Nelson
Independent Director14.75yrsUS$214.50k0.14%
$ 268.4k
Virginia Boulet
Independent Director15.58yrsUS$217.00k0.20%
$ 395.5k
Stuart Katz
Independent Presiding Director4.83yrsUS$221.50k0.20%
$ 401.0k
B. Stanley
Independent Director11.42yrsUS$223.00k0.16%
$ 323.4k

14.8yrs

Average Tenure

65yo

Average Age

Experienced Board: WTI's board of directors are seasoned and experienced ( 14.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

W&T Offshore, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: W&T Offshore, Inc.
  • Ticker: WTI
  • Exchange: NYSE
  • Founded: 1983
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Market Cap: US$198.274m
  • Shares outstanding: 141.62m
  • Website: https://www.wtoffshore.com

Number of Employees


Location

  • W&T Offshore, Inc.
  • Nine Greenway Plaza
  • Suite 300
  • Houston
  • Texas
  • 77046-0908
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
UWVDB (Deutsche Boerse AG)YesCommon StockDEEURJan 2005
WTINYSE (New York Stock Exchange)YesCommon StockUSUSDJan 2005

Biography

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 oi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/01 00:54
End of Day Share Price2020/10/30 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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 here.