W&T Offshore Inc's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 66/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 2.50.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
W&T Offshore Inc's Score
Industry at a Glance
Industry Ranking
66 / 120
Overall Ranking
247 / 4578
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Buy
Current Rating
2.500
Target Price
+38.12%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
W&T Offshore Inc Highlights
StrengthsRisks
W&T Offshore, Inc. is an independent oil and natural gas producer with operations offshore in the Gulf of America. The Company has working interests in approximately 52 fields in federal and state waters (which include 45 fields in federal waters and seven in state waters). The Company has under lease approximately 646,200 gross acres (502,300 net acres) spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama, with approximately 493,000 gross acres on the conventional shelf, approximately 147,700 gross acres in the deepwater and 5,500 gross acres in Alabama state waters. The Company’s interests in fields, leases, structures and equipment are primarily owned by its wholly owned subsidiaries and through its proportionately consolidated interest in Monza Energy LLC. The Company's subsidiaries include Aquasition Energy LLC, Aquasition LLC, Aquasition II, LLC, Aquasition III, LLC, Aquasition IV, LLC, Aquasition V, LLC, and others.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Fairly Valued
The company’s latest PB is -1.45, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 53.40M shares, decreasing 25.89% quarter-over-quarter.
W&T Offshore, Inc. is an independent oil and natural gas producer with operations offshore in the Gulf of America. The Company has working interests in approximately 52 fields in federal and state waters (which include 45 fields in federal waters and seven in state waters). The Company has under lease approximately 646,200 gross acres (502,300 net acres) spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama, with approximately 493,000 gross acres on the conventional shelf, approximately 147,700 gross acres in the deepwater and 5,500 gross acres in Alabama state waters. The Company’s interests in fields, leases, structures and equipment are primarily owned by its wholly owned subsidiaries and through its proportionately consolidated interest in Monza Energy LLC. The Company's subsidiaries include Aquasition Energy LLC, Aquasition LLC, Aquasition II, LLC, Aquasition III, LLC, Aquasition IV, LLC, Aquasition V, LLC, and others.
Ticker SymbolWTI
CompanyW&T Offshore Inc
CEOKrohn (Tracy W)
Websitehttps://www.wtoffshore.com/
FAQs
What is the current price of W&T Offshore Inc (WTI)?
The current price of W&T Offshore Inc (WTI) is 1.675.
What is the symbol of W&T Offshore Inc?
The ticker symbol of W&T Offshore Inc is WTI.
What is the 52-week high of W&T Offshore Inc?
The 52-week high of W&T Offshore Inc is 2.590.
What is the 52-week low of W&T Offshore Inc?
The 52-week low of W&T Offshore Inc is 1.090.
What is the market capitalization of W&T Offshore Inc?
The market capitalization of W&T Offshore Inc is 249.19M.
What is the net income of W&T Offshore Inc?
The net income of W&T Offshore Inc is -87.14M.
Is W&T Offshore Inc (WTI) currently rated as Buy, Hold, or Sell?
According to analysts, W&T Offshore Inc (WTI) has an overall rating of Buy, with a price target of 2.500.
What is the Earnings Per Share (EPS TTM) of W&T Offshore Inc (WTI)?
The Earnings Per Share (EPS TTM) of W&T Offshore Inc (WTI) is -0.989.