About WTI
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 oil and condensate, natural gas liquids, and natural gas. W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas. [Read more]
Industry
Sector Energy
IPO Date Jan 28, 2005
Employees 395
Stock Exchange NYSE
Ticker Symbol WTI
Full Company Profile
Financial Performance
In 2023, W&T Offshore's revenue was $532.66 million, a decrease of -42.17% compared to the previous year's $921.00 million. Earnings were $15.60 million, a decrease of -93.25%.
Financial Statements
Analyst Forecast
According to one analyst, the rating for WTI stock is "Strong Buy" and the 12-month stock price forecast is $7.8.
Price Target
$7.8
(255.35% upside)
Analyst Consensus: Strong Buy
Stock Forecasts
News
W&T Offshore Announces First Quarter 2024 Results and Declares Dividend for Second Quarter of 2024
HOUSTON, May 10, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter of 2024 and declared second qua...
7 weeks ago - GlobeNewsWire
W&T Announces Addition to its Board of Directors
HOUSTON, April 11, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that its Board of Directors (the "Board") voted to expand the size of the Board to s...
2 months ago - GlobeNewsWire
W&T Announces Participation in Water Tower ResearchFireside Chat on March 27, 2024
HOUSTON, March 26, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced its participation in a virtual investor event hosted by Water Tower Research (“WTR”)...
3 months ago - GlobeNewsWire
W&T Offshore Announces Liquidity-Enhancing Modifications to the Non-Recourse Term Loan with Munich Re
HOUSTON, March 18, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced modifications to the first-lien non-recourse term loan (the “Term Loan”) between its...
3 months ago - GlobeNewsWire
W&T Offshore Announces Participation in 36th Annual Roth Conference
HOUSTON, March 11, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (“W&T” or the “Company”) (NYSE: WTI) today announced that the Company is scheduled to participate in the 36th Annual Roth Conference to b...
3 months ago - GlobeNewsWire
W&T Offshore Announces Fourth Quarter and Full Year 2023 Results Including Year-End 2023 Proved Reserves, Provides Guidance for 2024, and Declares Dividend for First Quarter of 2024
HOUSTON, March 05, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the fourth quarter and full year 2023, includin...
4 months ago - GlobeNewsWire
W&T Offshore Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call as well as Posting of Interview with Chairman and CEO Tracy Krohn on Website
HOUSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (“W&T” or the “Company”) (NYSE: WTI) today announced the timing of its fourth quarter and full year 2023 earnings release and conference c...
4 months ago - GlobeNewsWire
W&T Offshore Announces Closing of Accretive Acquisition ofSix Gulf of Mexico Fields
HOUSTON, Jan. 22, 2024 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced that the Company has completed the accretive acquisition of six fields in shallow wat...
5 months ago - GlobeNewsWire
Top 5 Energy Stocks That Could Blast Off This Quarter - DMC Glb (NASDAQ:BOOM), Kimbell Royalty Partners (NYSE:KRP)
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7 months ago - Benzinga
W&T Offshore Announces Implementation of Quarterly Cash Dividend
HOUSTON, Nov. 08, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that its Board of Directors has approved the implementation of a quarterly cash divid...
8 months ago - GlobeNewsWire
W&T Offshore Announces Third Quarter 2023 Results
HOUSTON, Nov. 07, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the third quarter of 2023. This press release in...
8 months ago - GlobeNewsWire
W&T Offshore Announces Timing of Third Quarter 2023Earnings Release and Conference Call
HOUSTON, Oct. 24, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) today announced the timing of its third quarter 2023 earnings release and conference call.
8 months ago - GlobeNewsWire
W&T Offshore Announces Addition to Management Team with Vice President of HSE&R
HOUSTON, Oct. 10, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced the appointment of John Poole to the position of Vice President Health, Safety, Envir...
9 months ago - GlobeNewsWire
W&T Offshore Announces Accretive Acquisition of Producing Properties in the Gulf of Mexico
HOUSTON, Sept. 21, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced that it has completed the acquisition of working interests in eight shallow water oi...
10 months ago - GlobeNewsWire
W&T Offshore Announces Participation in Pareto Securities' 30th Annual Energy Conference
HOUSTON, Sept. 14, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) today announced its participation in Pareto Securities' 30th Annual Energy Conference in Oslo, Norway on September 20-21, 202...
10 months ago - GlobeNewsWire
W&T Offshore Announces Management Promotion
HOUSTON, Sept. 05, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced the promotion of Ford A. Peters to Vice President of Land.
10 months ago - GlobeNewsWire
W&T Offshore Issues 2022 Corporate Environmental, Social, and Governance Report
HOUSTON, Aug. 16, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced that the Company has issued its 2022 Corporate Environmental, Social, and Governance ...
11 months ago - GlobeNewsWire
W&T Offshore Announces Participation in Upcoming Investor Conferences
HOUSTON, Aug. 10, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) today announced participation in several upcoming energy investor conferences.
11 months ago - GlobeNewsWire
W&T Offshore Announces Second Quarter 2023 Results
HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the second quarter of 2023. This press release i...
11 months ago - GlobeNewsWire
W&T Offshore Announces Timing of Second Quarter 2023 Earnings Release and Conference Call
HOUSTON, July 24, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) today announced the timing of its second quarter 2023 earnings release and conference call.
1 year ago - GlobeNewsWire
W&T Offshore Appoints Sameer Parasnis as Executive Vice President and Chief Financial Officer
HOUSTON, June 22, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced the appointment of Sameer Parasnis to the position of Executive Vice President and Ch...
1 year ago - GlobeNewsWire
W&T Announces Participation in Water Tower Research Fireside Chaton Thursday, June 15, 2023
HOUSTON, June 13, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced its participation in an investor event hosted by Water Tower Research (“WTR”) on Thur...
1 year ago - GlobeNewsWire
W&T Announces Participation in Upcoming Investor Events
HOUSTON, May 25, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that the Company will be participating at the following upcoming investor events:
1 year ago - GlobeNewsWire
W&T Offshore Announces First Quarter 2023 Results
HOUSTON, May 09, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today reported operational and financial results for the first quarter of 2023. This press release inc...
1 year ago - GlobeNewsWire
W&T Announces Addition to Its Board of Directors
HOUSTON, May 01, 2023 (GLOBE NEWSWIRE) -- W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that Dr. Nancy Chang was appointed as a new independent director to the Company's Boar...
1 year ago - GlobeNewsWire
