W&T Offshore Inc

Company Profile

W&T Offshore Inc had its IPO on 2005-01-28 under the ticker symbol WTI.

The company operates in the Energy sector and Oil & Gas E&P industry. W&T Offshore Inc has a staff strength of 365 employees.

Stock update

Shares of W&T Offshore Inc opened at $4.1 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $4.1 - $4.31, and closed at $4.3.

This is a +5.91% increase from the previous day's closing price.

A total volume of 1,989,874 shares were traded at the close of the day’s session.

In the last one week, shares of W&T Offshore Inc have slipped by -2.05%.

W&T Offshore Inc's Key Ratios

W&T Offshore Inc has a market cap of $594.71 million, indicating a price to book ratio of 0 and a price to sales ratio of 0.9605.

In the last 12-months W&T Offshore Inc’s revenue was $714.09 million with a gross profit of $661.46 million and an EBITDA of $362.40 million. The EBITDA ratio measures W&T Offshore Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, W&T Offshore Inc’s operating margin was 31.93% while its return on assets stood at 11.21% with a return of equity of 0%.

In Q2, W&T Offshore Inc’s quarterly earnings growth was a negative -15.2% while revenue growth was a negative 53.9%.

W&T Offshore Inc’s PE and PEG Ratio

Forward PE

2.8935

Trailing PE

4.8333

PEG

-0.18

Its diluted EPS in the last 12-months stands at $0.84 per share while it has a forward price to earnings multiple of 2.8935 and a PEG multiple of -0.18. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into W&T Offshore Inc’s profitability.

W&T Offshore Inc stock is trading at a EV to sales ratio of 1.1657 and a EV to EBITDA ratio of 2.101. Its price to sales ratio in the trailing 12-months stood at 0.9605.

W&T Offshore Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$1.10 billion

Total Liabilities

$209.23 million

Operating Cash Flow

$-21224000.00

Capital Expenditure

$24.68 million

Dividend Payout Ratio

0%

W&T Offshore Inc ended 2024 with $1.10 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.10 billion while shareholder equity stood at $24.79 million.

W&T Offshore Inc ended 2024 with $72000.00 in deferred long-term liabilities, $209.23 million in other current liabilities, 1000.00 in common stock, $-530892000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $171.63 million and cash and short-term investments were $171.63 million. The company’s total short-term debt was $30,550,000 while long-term debt stood at $373.02 million.

W&T Offshore Inc’s total current assets stands at $254.57 million while long-term investments were $12.63 million and short-term investments were $0. Its net receivables were $57.16 million compared to accounts payable of $67.30 million and inventory worth $4.42 million.

In 2024, W&T Offshore Inc's operating cash flow was $-21224000.00 while its capital expenditure stood at $24.68 million.

Comparatively, W&T Offshore Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$4.3

52-Week High

$9.16

52-Week Low

$3.62

Analyst Target Price

$9.7

W&T Offshore Inc stock is currently trading at $4.3 per share. It touched a 52-week high of $9.16 and a 52-week low of $9.16. Analysts tracking the stock have a 12-month average target price of $9.7.

Its 50-day moving average was $4.11 and 200-day moving average was $4.87 The short ratio stood at 7.09 indicating a short percent outstanding of 0%.

Around 3375.7% of the company’s stock are held by insiders while 4985.7% are held by institutions.