WTI Stock Analysis: W&T Offshore | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 545m USD | 12M Return: 83.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 12.7M
Qual. Beats: -2
Rev. Trend: -76.5%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 10.5 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 (NYSE: WTI) is a U.S.-based independent oil and natural gas producer focused on the acquisition, exploration, and development of upstream properties in the Gulf of America (formerly known as the Gulf of Mexico). Founded in 1983 and headquartered in Houston, Texas, the company sells crude oil, condensate, natural gas, and natural gas liquids (NGLs), and also handles drilling, construction, production, and field infrastructure work needed to bring hydrocarbons to market.
As an independent E&P, W&T Offshore operates purely in the upstream segment of the oil and gas value chain, meaning it does not own refineries, pipelines, or retail fuel operations. Its revenue is tied to commodity prices and production volumes from offshore Gulf of America fields, where operators typically face higher per-barrel extraction costs but benefit from established deepwater infrastructure.
- Crude oil and NGL prices drive Gulf of America production revenue
- High leverage and refinancing costs pressure free cash flow margins
- Federal offshore regulations and decommissioning liabilities weigh on capital returns
| Net Income: -142.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 2.47 > 1.0 |
| NWC/Revenue: -0.25% < 20% (prev 6.61%; Δ -6.86% < -1%) |
| CFO/TA 0.09 > 3% & CFO 82.8m > Net Income -142.0m |
| Net Debt (223.9m) to EBITDA (80.0m): 2.80 < 3 |
| Current Ratio: 0.99 > 1.5 & < 3 |
| Outstanding Shares: last quarter (148.8m) vs 12m ago 0.80% < -2% |
| Gross Margin: 26.39% > 18% (prev 51.27%; Δ -24.88% > 0.5%) |
| Asset Turnover: 52.58% > 50% (prev 50.18%; Δ 2.40% > 0%) |
| Interest Coverage Ratio: -1.32 > 6 (EBIT TTM -47.6m / Interest Expense TTM 36.2m) |
| A: -0.00 (Total Current Assets 249.4m - Total Current Liabilities 250.6m) / Total Assets 959.2m |
| B: -0.84 (Retained Earnings -804.5m / Total Assets 959.2m) |
| C: -0.05 (EBIT TTM -47.6m / Avg Total Assets 992.0m) |
| D: -0.19 (Book Value of Equity -221.8m / Total Liabilities 1.18b) |
| Altman-Z'' = -3.26 = D |
| DSRI: 1.07 (Receivables 100.0m/91.9m, Revenue 521.6m/514.3m) |
| GMI: 1.94 (GM 51.27% / 26.39%) |
| AQI: 0.53 (AQ_t 0.06 / AQ_t-1 0.11) |
| SGI: 1.01 (Revenue 521.6m / 514.3m) |
| TATA: -0.23 (NI -142.0m - CFO 82.8m) / TA 959.2m) |
| Beneish M = -2.41 (Cap -4..+1) = BBB |
As of July 29, 2026, the stock is trading at USD 3.31 with a total of 4,286,356 shares traded. Over the past week, the price has changed by -5.70%, over one month by +3.44%, over three months by -12.24% and over the past year by +83.90%.
Current recommended Stop Loss: 3.00 (which is 9.4% or 1.3 ATR below the current price).
W&T Offshore has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy WTI.
- StrongBuy: 0
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 4.5 | 35.3% |
P/E Forward = 11.4811
P/S = 1.0439
P/B = 62.0489
P/EG = 0.7262
Revenue TTM = 521.6m USD
EBIT TTM = -47.6m USD
EBITDA TTM = 80.0m USD
Long Term Debt = 342.9m USD (from longTermDebt, last quarter)
Short Term Debt = 10.1m USD (from shortTermDebt, last quarter)
Debt = 354.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 1.79m
Net Debt = 223.9m USD (calculated: Debt 354.8m - CCE 130.9m)
Enterprise Value = 768.4m USD (544.5m + Debt 354.8m - CCE 130.9m)
Interest Coverage Ratio = -1.32 (Ebit TTM -47.6m / Interest Expense TTM 36.2m)
EV/FCF = 25.45x (Enterprise Value 768.4m / FCF TTM 30.2m)
FCF Yield = 3.93% (FCF TTM 30.2m / Enterprise Value 768.4m)
FCF Margin = 5.79% (FCF TTM 30.2m / Revenue TTM 521.6m)
Net Margin = -27.23% (Net Income TTM -142.0m / Revenue TTM 521.6m)
Gross Margin = 26.39% ((Revenue TTM 521.6m - Cost of Revenue TTM 384.0m) / Revenue TTM)
Gross Margin QoQ = 26.31% (prev 69.39%)
Tobins Q-Ratio = 0.80 (Enterprise Value 768.4m / Total Assets 959.2m)
Interest Expense / Debt = 10.20% (Interest Expense 36.2m / Debt 354.8m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -37.6m (EBIT -47.6m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.99 (Total Current Assets 249.4m / Total Current Liabilities 250.6m)
Debt / Equity = -1.60 (negative equity) (Debt 354.8m / totalStockholderEquity, last quarter -221.8m)
Debt / EBITDA = 2.80 (Net Debt 223.9m / EBITDA 80.0m)
Debt / FCF = 7.42 (Net Debt 223.9m / FCF TTM 30.2m)
Total Stockholder Equity = -174.2m (last 4 quarters mean from totalStockholderEquity)
RoA = -14.32% (Net Income -142.0m / Total Assets 959.2m)
RoE = 81.53% (negative equity) (Net Income TTM -142.0m / Total Stockholder Equity -174.2m)
RoCE = -28.24% (EBIT -47.6m / Capital Employed (Equity -174.2m + L.T.Debt 342.9m))
RoIC = -5.44% (negative operating profit) (NOPAT -37.6m / Invested Capital 692.5m)
WACC = 8.74% (E(544.5m)/V(899.3m) * Re(9.19%) + D(354.8m)/V(899.3m) * Rd(10.20%) * (1-Tc(0.21)))
Discount Rate = 9.19% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 97.86 | Cagr: 0.66%
[DCF] Terminal Value 76.70% ; FCFF base≈20.9m ; Y1≈24.0m ; Y5≈35.3m
[DCF] Fair Price = 1.83 (EV 496.3m - Net Debt 223.9m = Equity 272.5m / Shares 148.8m; r=8.74% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -2.86 | # QB: -2
Revenue Correlation: -76.49 | Revenue CAGR: -8.17% | SUE: 3.57 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.01 | Chg30d=-95.00% | Revisions=+0% | Analysts=4
EPS next Quarter (2026-09-30): EPS=-0.03 | Chg30d=N/A | Revisions=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=-0.05 | Chg30d=N/A | Revisions=+0% | GrowthEPS=+85.5% | GrowthRev=+13.6%
EPS next Year (2027-12-31): EPS=-0.14 | Chg30d=-34.90% | Revisions=+0% | GrowthEPS=-152.7% | GrowthRev=-3.5%
[Analyst] Revisions Ratio: +0% (up=0, down=0)