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 41.92 years. total yearly compensation is $5.86M, comprised of 15.4% salary and 84.6% bonuses, including company stock and options. directly owns 32.8% of the company’s shares, worth $77.81M. The average tenure of the management team and the board of directors is 2.6 years and 9.6 years respectively.
Key information
Tracy Krohn
Chief executive officer
US$5.9m
Total compensation
| CEO salary percentage | 15.4% |
| CEO tenure | 41.9yrs |
| CEO ownership | 32.8% |
| Management average tenure | 2.6yrs |
| Board average tenure | 9.6yrs |
Recent management updates
Recent updates
Take Care Before Jumping Onto W&T Offshore, Inc. (NYSE:WTI) Even Though It's 27% Cheaper
Dec 22
W&T: M&A Activities And Drilling Efficiency Improvements Could Enhance The Total Valuation
Dec 14W&T Offshore: Unlocking Value From Deleveraging
Nov 14W&T Offshore, Inc.'s (NYSE:WTI) Share Price Is Matching Sentiment Around Its Revenues
Nov 07W&T Offshore (NYSE:WTI) Seems To Be Using A Lot Of Debt
Oct 03W&T Offshore: The $1 Handle Is A Good Entry Zone But Capital Outflow Risks Remain
Jun 17These 4 Measures Indicate That W&T Offshore (NYSE:WTI) Is Using Debt Extensively
Apr 03W&T Offshore's (NYSE:WTI) Problems Go Beyond Weak Profit
Mar 13W&T Offshore: Holy Grail Delayed Further, No Immediate Catalyst In Site
Mar 11Little Excitement Around W&T Offshore, Inc.'s (NYSE:WTI) Revenues
Feb 05W&T Offshore, Inc. (NYSE:WTI) Shares Could Be 31% Above Their Intrinsic Value Estimate
Jan 10W&T Offshore: Charting A Course Through Oil's Choppy Seas
Jan 05W&T Offshore: A Q3 Beat Could Be A Catalyst For This Undervalued Stock
Oct 19W&T Offshore, Inc. (NYSE:WTI) Shares Could Be 30% Below Their Intrinsic Value Estimate
Sep 29W&T Offshore: This One Missed The Rally
Sep 12Is W&T Offshore (NYSE:WTI) A Risky Investment?
Sep 02Need To Know: The Consensus Just Cut Its W&T Offshore, Inc. (NYSE:WTI) Estimates For 2023
Jul 27W&T Offshore Is Near Long-Term Support And Offers An Option On Both Oil And Natural Gas
Jul 03W&T Offshore (NYSE:WTI) Has A Pretty Healthy Balance Sheet
May 31Analysts Just Slashed Their W&T Offshore, Inc. (NYSE:WTI) EPS Numbers
Apr 30A Look At The Intrinsic Value Of W&T Offshore, Inc. (NYSE:WTI)
Mar 10W&T Offshore: Misunderstood And Undervalued
Jan 26W&T Offshore stock rises on senior notes offering
Jan 09W&T Offshore: Even The Bonds Are Undervalued - Buy
Dec 23W&T Offshore: A Solid Buy For Energy Exposure
Dec 09CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | -US$64m |
| Jun 30 2024 | n/a | n/a | -US$25m |
| Mar 31 2024 | n/a | n/a | -US$22m |
| Dec 31 2023 | US$6m | US$906k | US$16m |
| Sep 30 2023 | n/a | n/a | US$59m |
| Jun 30 2023 | n/a | n/a | US$124m |
| Mar 31 2023 | n/a | n/a | US$260m |
| Dec 31 2022 | US$12m | US$1m | US$231m |
| Sep 30 2022 | n/a | n/a | US$237m |
| Jun 30 2022 | n/a | n/a | US$132m |
| Mar 31 2022 | n/a | n/a | -US$43m |
| Dec 31 2021 | US$5m | US$1m | -US$41m |
| Sep 30 2021 | n/a | n/a | -US$99m |
| Jun 30 2021 | n/a | n/a | -US$74m |
| Mar 31 2021 | n/a | n/a | -US$29m |
| Dec 31 2020 | US$2m | US$1m | US$38m |
| Sep 30 2020 | n/a | n/a | US$56m |
| Jun 30 2020 | n/a | n/a | US$143m |
| Mar 31 2020 | n/a | n/a | US$186m |
| Dec 31 2019 | US$5m | US$1m | US$73m |
| Sep 30 2019 | n/a | n/a | US$197m |
| Jun 30 2019 | n/a | n/a | US$167m |
| Mar 31 2019 | n/a | n/a | US$165m |
| Dec 31 2018 | US$6m | US$1m | US$239m |
| Sep 30 2018 | n/a | n/a | US$128m |
| Jun 30 2018 | n/a | n/a | US$82m |
| Mar 31 2018 | n/a | n/a | US$80m |
| Dec 31 2017 | US$4m | US$1m | US$76m |
Compensation vs Market: Tracy's total compensation ($USD5.86M) is above average for companies of similar size in the US market ($USD1.38M).
Compensation vs Earnings: Tracy's compensation has been consistent with company performance over the past year.
CEO
Tracy Krohn (69 yo)
41.9yrs
Tenure
US$5,863,561
Compensation
Mr. Tracy W. Krohn is 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 Treasur...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 41.9yrs | US$5.86m | 32.8% $ 77.8m | |
| Executive VP & CFO | 1.4yrs | US$1.37m | 0.0093% $ 22.2k | |
| ?Executive VP & COO | 2.8yrs | US$2.35m | 0.13% $ 317.5k | |
| VP & Chief Accounting Officer | 2.6yrs | no data | 0.011% $ 25.4k | |
| Vice President and Chief Information Officer | 2.4yrs | no data | no data | |
| Executive VP | less than a year | no data | 0.086% $ 204.0k | |
| Senior Vice President of Marketing | 18.3yrs | no data | no data | |
| Vice President of Human Resources | 2yrs | no data | no data | |
| VP & Treasurer | 18.4yrs | no data | no data | |
| Investor Relations Coordinator | no data | no data | no data |
2.6yrs
Average Tenure
51yo
Average Age
Experienced Management: WTI's management team is considered experienced (2.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 20.9yrs | US$5.86m | 32.8% $ 77.8m | |
| Independent Director | 1.6yrs | US$220.00k | 0.026% $ 62.4k | |
| Independent Director | 19.8yrs | US$290.83k | 0.25% $ 596.1k | |
| Independent Director | 3.6yrs | US$290.83k | 0.050% $ 118.7k | |
| Independent Presiding Director | less than a year | no data | no data | |
| Independent Director | 15.6yrs | US$295.83k | 0.22% $ 514.8k |
9.6yrs
Average Tenure
69yo
Average Age
Experienced Board: WTI's board of directors are considered experienced (9.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 05:59 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
W&T Offshore, Inc. is covered by 22 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Robertson | Barclays |
| Daniel McSpirit | BMO Capital Markets Equity Research |
| Daniel McSpirit | BMO Capital Markets U.S. (Historical) |