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 41.33 years. total yearly compensation is $5.86M, comprised of 15.4% salary and 84.6% bonuses, including company stock and options. directly owns 32.86% of the company’s shares, worth $115.83M. The average tenure of the management team and the board of directors is 2 years and 9 years respectively.
Key information
Tracy Krohn
Chief executive officer
US$5.9m
Total compensation
| CEO salary percentage | 15.4% |
| CEO tenure | 41.3yrs |
| CEO ownership | 32.9% |
| Management average tenure | 2yrs |
| Board average tenure | 9yrs |
Recent management updates
Recent updates
These 4 Measures Indicate That W&T Offshore (NYSE:WTI) Is Using Debt Extensively
Apr 03
W&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 09W&T Offshore Non-GAAP EPS of $0.33 beats by $0.05, revenue of $266.48M beats by $36.29M
Nov 09W&T Offshore: A Coiled Spring Ready To Jump Higher
Oct 26W&T Offshore Non-GAAP EPS of $1.32, revenue of $273.8M beats by $45.58M
Aug 08W&T Offshore, Inc.: Time To Take Profit
Jun 06W&T Offshore: Fundamentals Are Better Despite The Short Selling
Apr 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| 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 ($USD2.41M).
Compensation vs Earnings: Tracy's compensation has been consistent with company performance over the past year.
CEO
Tracy Krohn (68 yo)
41.3yrs
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 | 41.3yrs | US$5.86m | 32.86% $ 115.8m | |
| Executive VP & CFO | less than a year | US$1.37m | no data | |
| ?Executive VP & COO | 2.2yrs | US$2.35m | 0.11% $ 391.6k | |
| Executive VP | 1.9yrs | US$2.15m | 0.0050% $ 17.6k | |
| VP & Chief Accounting Officer | 2yrs | no data | 0.0077% $ 27.0k | |
| Vice President and Chief Information Officer | 1.8yrs | no data | no data | |
| Senior Vice President of Marketing | 17.8yrs | no data | no data | |
| Vice President of Human Resources | 1.4yrs | no data | no data | |
| VP & Treasurer | 17.8yrs | no data | no data | |
| Investor Relations Coordinator | no data | no data | no data |
2.0yrs
Average Tenure
49yo
Average Age
Experienced Management: WTI's management team is considered experienced (2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 20.3yrs | US$5.86m | 32.86% $ 115.8m | |
| Independent Director | less than a year | US$220.00k | no data | |
| Independent Director | 19.2yrs | US$290.83k | 0.23% $ 795.6k | |
| Independent Director | 3yrs | US$290.83k | 0.024% $ 84.0k | |
| Independent Director | less than a year | no data | no data | |
| Independent Presiding Director | 15yrs | US$295.83k | 0.19% $ 674.3k |
9.0yrs
Average Tenure
68yo
Average Age
Experienced Board: WTI's board of directors are considered experienced (9 years average tenure).