NYSE:WTI

Stock Analysis Report

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.

Snowflake

Fundamentals

Solid track record and good value.

Risks

  • W&T Offshore is covered by less than 3 analysts.

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


Market Performance


7 Day Return

-5.2%

NYSE:WTI

-3.4%

US Oil and Gas

-1.0%

US Market


1 Year Return

-26.1%

NYSE:WTI

-22.5%

US Oil and Gas

-0.4%

US Market

WTI underperformed the Oil and Gas industry which returned -23.2% over the past year.

WTI underperformed the Market in United States of America which returned -1.7% over the past year.


Share holder returns

WTIIndustryMarket
7 Day-5.2%-3.4%-1.0%
30 Day-7.8%-9.2%-3.3%
90 Day-10.6%-12.0%0.4%
1 Year-26.1%-26.1%-19.6%-22.5%1.8%-0.4%
3 Year134.8%134.8%-8.6%-16.8%39.4%30.4%
5 Year-68.3%-68.6%-33.4%-42.4%54.2%37.1%

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 based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

W&T Offshore's share price is below the future cash flow value, and at a moderate discount (> 20%).

W&T Offshore's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

W&T Offshore is good value based on earnings compared to the US Oil and Gas industry average.

W&T Offshore is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

W&T Offshore earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

W&T Offshore has negative assets, we can't compare the value of its assets to the US Oil and Gas industry average.


Next Steps

Future Growth

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

-55.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

W&T Offshore's revenue is expected to grow by 10.6% yearly, however this is not considered high growth (20% yearly).

W&T Offshore's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

W&T Offshore's revenue growth is expected to exceed the United States of America market average.

W&T Offshore's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

W&T Offshore's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if W&T Offshore will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

45.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

W&T Offshore has delivered over 20% year on year earnings growth in the past 5 years.

W&T Offshore's 1-year earnings growth exceeds its 5-year average (102.3% vs 45.1%)

W&T Offshore's earnings growth has exceeded the US Oil and Gas industry average in the past year (102.3% vs 21.6%).


Return on Equity

It is difficult to establish if W&T Offshore has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.


Return on Assets

W&T Offshore used its assets more efficiently than the US Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

W&T Offshore has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is W&T Offshore's financial position?


Financial Position Analysis

W&T Offshore is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

W&T Offshore's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

W&T Offshore has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.

Irrelevant to check if W&T Offshore's debt level has increased considering it has negative shareholder equity.

Debt is well covered by operating cash flow (49.3%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 3.1x coverage).


Balance Sheet

High level of physical assets or inventory.

W&T Offshore has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Next Steps

Dividend

What is W&T Offshore's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate W&T Offshore's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate W&T Offshore's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as W&T Offshore has not reported any payouts.

Unable to verify if W&T Offshore's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as W&T Offshore has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of W&T Offshore's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Tracy Krohn (64yo)

36.6yrs

Tenure

US$6,379,347

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

Tracy's remuneration is higher than average for companies of similar size in United States of America.

Tracy's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.8yrs

Average Tenure

54yo

Average Age

The tenure for the W&T Offshore management team is about average.


Board Age and Tenure

13.6yrs

Average Tenure

64yo

Average Age

The average tenure for the W&T Offshore board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by W&T Offshore individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$94,08816 Aug 19
Tracy Krohn
EntityIndividual
Role
Founder
Chairman of the Board
Shares22,563
Max PriceUS$4.17
BuyUS$96,10512 Aug 19
Tracy Krohn
EntityIndividual
Role
Founder
Chairman of the Board
Shares21,500
Max PriceUS$4.47
BuyUS$8,30708 Aug 19
Shahid Ghauri
EntityIndividual
Role
VP, General Counsel & Corporate Secretary
Shares1,850
Max PriceUS$4.49
BuyUS$24,60006 Aug 19
Shahid Ghauri
EntityIndividual
Role
VP, General Counsel & Corporate Secretary
Shares6,000
Max PriceUS$4.10
BuyUS$927,39815 Jul 19
Tracy Krohn
EntityIndividual
Role
Founder
Chairman of the Board
Shares200,300
Max PriceUS$4.66
BuyUS$69,75012 Jul 19
Tracy Krohn
EntityIndividual
Role
Founder
Chairman of the Board
Shares15,000
Max PriceUS$4.65
BuyUS$30,38010 Jun 19
Virginia Boulet
EntityIndividual
Role
Member of the Board of Directors
Shares7,000
Max PriceUS$4.34
BuyUS$51,00007 May 19
Stuart Katz
EntityIndividual
Role
Lead Director
Shares10,000
Max PriceUS$5.10
BuyUS$65,07021 Mar 19
B. Stanley
EntityIndividual
Role
Member of the Board of Directors
Shares10,000
Max PriceUS$6.51
BuyUS$42,07015 Mar 19
Shahid Ghauri
EntityIndividual
Role
VP, General Counsel & Corporate Secretary
Shares7,000
Max PriceUS$6.01
SellUS$54,00007 Mar 19
David Bump
EntityIndividual
Role
Executive Vice President of Drilling
Shares10,000
Max PriceUS$5.40
BuyUS$4,65019 Dec 18
Shahid Ghauri
EntityIndividual
Role
VP, General Counsel & Corporate Secretary
Shares1,000
Max PriceUS$4.65
BuyUS$6,14006 Dec 18
Virginia Boulet
EntityIndividual
Role
Member of the Board of Directors
Shares1,000
Max PriceUS$6.14

Ownership Breakdown


Management Team

  • David Bump (52yo)

    Executive Vice President of Drilling

    • Tenure: 0.8yrs
  • William Williford (46yo)

    Executive VP & GM of Gulf of Mexico

    • Tenure: 0.8yrs
    • Compensation: $969.59k
  • Al Petrie

    Investor Relations Coordinator

  • Todd Grabois (59yo)

    VP & Treasurer

    • Tenure: 13.1yrs
  • Tracy Krohn (64yo)

    Founder

    • Tenure: 36.6yrs
    • Compensation: $6.38m
  • W. Tate

    Vice President of Marketing & Midstream

    • Tenure: 13.0yrs
  • Janet Yang

    Executive VP & CFO

    • Tenure: 1.0yrs
    • Compensation: $729.55k
  • Shahid Ghauri (50yo)

    VP, General Counsel & Corporate Secretary

    • Tenure: 2.4yrs
    • Compensation: $934.24k
  • Stephen Schroeder (56yo)

    Senior VP & CTO

    • Tenure: 7.2yrs
    • Compensation: $968.72k

Board Members

  • S. Nelson (77yo)

    Director

    • Tenure: 13.6yrs
    • Compensation: $223.50k
  • Virginia Boulet (65yo)

    Director

    • Tenure: 14.4yrs
    • Compensation: $224.50k
  • Stuart Katz (64yo)

    Presiding Director

    • Tenure: 3.7yrs
    • Compensation: $229.00k
  • Tracy Krohn (64yo)

    Founder

    • Tenure: 15.6yrs
    • Compensation: $6.38m
  • B. Stanley (64yo)

    Director

    • Tenure: 10.3yrs
    • Compensation: $232.00k

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$617.090m
  • Shares outstanding: 140.57m
  • Website: Click here

Number of Employees


Location

  • W&T Offshore, Inc.
  • Nine Greenway Plaza
  • Suite 300
  • Houston
  • Texas
  • 77046
  • 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 Analysis2019/08/16 23:58
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.