WTI Stock Analysis: W&T Offshore | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 542m USD | 12M Return: 65.2% | US92922P1066 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.2M
Qual. Beats: 0
Rev. Trend: -49.7%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
W&T Offshore, Inc. is a U.S.-based independent oil and natural gas producer operating in the Gulf of America, where it focuses on the acquisition, exploration, and development of oil and gas properties. The company sells a range of hydrocarbon products, including crude oil, condensate, natural gas, natural gas liquids (NGLs), and other liquids. Its operations also encompass upstream-adjacent activities such as construction, drilling, production, and the installation and maintenance of field gathering, treating, and storage infrastructure needed to bring hydrocarbons to market. Founded in 1983 and headquartered in Houston, Texas, W&T Offshore has been publicly traded on the NYSE since 2005 under the ticker WTI.
The company sits within the Energy sector and the Oil & Gas Exploration & Production sub-industry, a group of independent E&Ps that typically carry higher leverage and commodity-price sensitivity than integrated majors. Independent Gulf of Mexico operators like W&T generally focus on offshore production, where output tends to be oil-weighted and exposed to hurricane-related seasonal disruption, but benefits from established infrastructure and high productivity per well.
- Crude oil and natural gas prices drive Gulf production revenue
- Federal offshore leasing policy impacts Gulf of America drilling permits
- Capital allocation prioritizes debt reduction and high-return Gulf projects
| Net Income: -108.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 4.56 > 1.0 |
| NWC/Revenue: 6.83% < 20% (prev 7.56%; Δ -0.73% < -1%) |
| CFO/TA 0.09 > 3% & CFO 88.2m > Net Income -108.6m |
| Net Debt (204.5m) to EBITDA (135.0m): 1.52 < 3 |
| Current Ratio: 1.17 > 1.5 & < 3 |
| Outstanding Shares: last quarter (157.7m) vs 12m ago 6.64% < -2% |
| Gross Margin: 38.68% > 18% (prev 51.30%; Δ -12.62% > 0.5%) |
| Asset Turnover: 56.66% > 50% (prev 48.25%; Δ 8.41% > 0%) |
| Interest Coverage Ratio: -0.23 > 6 (EBIT TTM -8.55m / Interest Expense TTM 36.4m) |
| A: 0.04 (Total Current Assets 262.8m - Total Current Liabilities 224.4m) / Total Assets 959.5m |
| B: -0.83 (Retained Earnings -793.5m / Total Assets 959.5m) |
| C: -0.01 (EBIT TTM -8.55m / Avg Total Assets 991.7m) |
| D: -0.17 (Book Value of Equity -196.2m / Total Liabilities 1.16b) |
| Altman-Z'' = -2.67 = D |
| DSRI: 0.91 (Receivables 92.7m/89.8m, Revenue 561.9m/494.0m) |
| GMI: 1.33 (GM 51.30% / 38.68%) |
| AQI: 0.53 (AQ_t 0.06 / AQ_t-1 0.11) |
| SGI: 1.14 (Revenue 561.9m / 494.0m) |
| TATA: -0.21 (NI -108.6m - CFO 88.2m) / TA 959.5m) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of October 08, 2026, the stock is trading at USD 3.57 with a total of 2,867,347 shares traded. Over the past week, the price has changed by +0.00%, over one month by -9.85%, over three months by +8.14% and over the past year by +65.21%.
Current recommended Stop Loss: 3.30 (which is 7.6% or 1.4 ATR below the current price).
W&T Offshore has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy WTI.
- StrongBuy: 2
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 4.2 | 16.2% |
P/E Forward = 11.4811
P/S = 0.9644
P/B = 62.0489
P/EG = 0.7262
Revenue TTM = 561.9m USD
EBIT TTM = -8.55m USD
EBITDA TTM = 135.0m USD
Long Term Debt = 343.4m USD (from longTermDebt, last quarter)
Short Term Debt = 9.98m USD (from shortTermDebt, last quarter)
Debt = 355.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 1.82m
Net Debt = 204.5m USD (calculated: Debt 355.2m - CCE 150.7m)
Enterprise Value = 746.4m USD (541.9m + Debt 355.2m - CCE 150.7m)
Interest Coverage Ratio = -0.23 (Ebit TTM -8.55m / Interest Expense TTM 36.4m)
EV/FCF = 19.82x (Enterprise Value 746.4m / FCF TTM 37.7m)
FCF Yield = 5.05% (FCF TTM 37.7m / Enterprise Value 746.4m)
FCF Margin = 6.70% (FCF TTM 37.7m / Revenue TTM 561.9m)
Net Margin = -19.32% (Net Income TTM -108.6m / Revenue TTM 561.9m)
Gross Margin = 38.68% ((Revenue TTM 561.9m - Cost of Revenue TTM 344.5m) / Revenue TTM)
Gross Margin QoQ = 51.96% (prev 26.31%)
Tobins Q-Ratio = 0.78 (Enterprise Value 746.4m / Total Assets 959.5m)
Interest Expense / Debt = 10.25% (Interest Expense 36.4m / Debt 355.2m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -6.76m (EBIT -8.55m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.17 (Total Current Assets 262.8m / Total Current Liabilities 224.4m)
Debt / Equity = -1.81 (negative equity) (Debt 355.2m / totalStockholderEquity, last quarter -196.2m)
Debt / EBITDA = 1.52 (Net Debt 204.5m / EBITDA 135.0m)
Debt / FCF = 5.43 (Net Debt 204.5m / FCF TTM 37.7m)
Total Stockholder Equity = -197.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -10.95% (Net Income -108.6m / Total Assets 959.5m)
RoE = 54.96% (negative equity) (Net Income TTM -108.6m / Total Stockholder Equity -197.5m)
RoCE = -5.86% (EBIT -8.55m / Capital Employed (Equity -197.5m + L.T.Debt 343.4m))
RoIC = -0.94% (negative operating profit) (NOPAT -6.76m / Invested Capital 717.0m)
WACC = 8.22% (E(541.9m)/V(897.1m) * Re(8.30%) + D(355.2m)/V(897.1m) * Rd(10.25%) * (1-Tc(0.21)))
Discount Rate = 8.30% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 69.67 | Cagr: 3.20%
[DCF] Terminal Value 75.44% ; FCFF base≈37.7m ; Y1≈37.8m ; Y5≈40.1m
[DCF] Fair Price = 2.77 (EV 623.0m - Net Debt 204.5m = Equity 418.5m / Shares 150.9m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.57 | # QB: 0
Revenue Correlation: -49.71 | Revenue CAGR: -2.88% | SUE: 0.92 | # QB: 2
EPS current Quarter (2026-09-30): EPS=-0.04 | Chg30d=+35.86% | Revisions=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=-0.04 | Chg30d=N/A | Revisions=-25% | GrowthEPS=+88.2% | GrowthRev=+17.1%
EPS next Year (2027-12-31): EPS=-0.11 | Chg30d=-4.99% | Revisions=-25% | GrowthEPS=-141.8% | GrowthRev=-5.7%
[Analyst] Revisions Ratio: -40% (up=0, down=2)