W&T Offshore, Inc. logo

W&T Offshore, Inc.

WTI

NYSEEnergyOil & Gas Exploration & Production

Latest quote

$3.92

−$0.09 · -2.24%

WTI company overview

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

67

Undervalued

Momentum

47

Neutral

Sentiment

64

Bullish

Risk resilience

49

Elevated Risk

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Company profile

Company website

W&T Offshore, Inc. operates as an independent energy producer, primarily focused on the identification, acquisition, and development of crude oil and natural gas assets within the Gulf of Mexico. The company markets and sells a range of products, including crude oil, natural gas liquids (NGLs), and natural gas. As of December 31, 2021, W&T Offshore held operational interests across 43 fields in both federal and state offshore territories. Its portfolio of leased properties encompassed approximately 606,000 gross acres, with a breakdown of roughly 419,000 gross acres situated on the Gulf of Mexico Shelf and about 187,000 gross acres in the Gulf's deepwater region. Founded in 1983, the firm maintains its corporate headquarters in Houston, Texas.

Industry
Oil & Gas Exploration & Production
Sector
Energy
Headquarters
US
CEO
Tracy W. Krohn
Listed since
Jan 28, 2005
Employees
370

Market position

Volume
3.44M
0.64× average
Average volume
5.39M
Average daily volume
Market cap
583.21M USD
Beta
0.28
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
451.77M USD
P/E (TTM)
-5.37×
P/B (TTM)
-2.99×
P/S (TTM)
1.04×
EV / EBITDA
5.18×
Earnings yield
-62.12%
Free cash flow yield
11.49%
Dividend yield
1.02%

Profitability & efficiency

Gross margin
38.68%
Operating margin
0.99%
Net margin
-19.32%
Return on equity
75.12%
Return on assets
-15.70%
Return on invested capital
-7.23%

Financial health

Debt / equity
-1.8×
Current ratio
1.02×
Altman Z-score
-0.25
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends96%50%4%-41%Gross margin, FY2021: 78.77%Gross margin, FY2022: 84.55%Gross margin, FY2023: 73.54%Gross margin, FY2024: 67.41%Gross margin, FY2025: 71.65%Operating margin, FY2021: 33.99%Operating margin, FY2022: 49.30%Operating margin, FY2023: 5.54%Operating margin, FY2024: -8.03%Operating margin, FY2025: -10.53%Net margin, FY2021: -7.43%Net margin, FY2022: 25.10%Net margin, FY2023: 2.93%Net margin, FY2024: -16.59%Net margin, FY2025: -29.92%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 78.77%. Gross margin FY2022 84.55%. Gross margin FY2023 73.54%. Gross margin FY2024 67.41%. Gross margin FY2025 71.65%. Operating margin FY2021 33.99%. Operating margin FY2022 49.30%. Operating margin FY2023 5.54%. Operating margin FY2024 -8.03%. Operating margin FY2025 -10.53%. Net margin FY2021 -7.43%. Net margin FY2022 25.10%. Net margin FY2023 2.93%. Net margin FY2024 -16.59%. Net margin FY2025 -29.92%.

Income trends

Revenue

501.46M USD-4.53%

Operating income

−52.8M USD-25.14%

Net income

−150.06M USD-72.20%
Income trends across reported periods1.03B USD599.68M USD171.26M USD−257.17M USDRevenue, FY2021: 558.01M USDRevenue, FY2022: 921M USDRevenue, FY2023: 532.66M USDRevenue, FY2024: 525.26M USDRevenue, FY2025: 501.46M USDOperating income, FY2021: 189.66M USDOperating income, FY2022: 454.08M USDOperating income, FY2023: 29.49M USDOperating income, FY2024: −42.19M USDOperating income, FY2025: −52.8M USDNet income, FY2021: −41.48M USDNet income, FY2022: 231.15M USDNet income, FY2023: 15.6M USDNet income, FY2024: −87.15M USDNet income, FY2025: −150.06M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 558.01M USD. Revenue FY2022 921M USD. Revenue FY2023 532.66M USD. Revenue FY2024 525.26M USD. Revenue FY2025 501.46M USD. Operating income FY2021 189.66M USD. Operating income FY2022 454.08M USD. Operating income FY2023 29.49M USD. Operating income FY2024 −42.19M USD. Operating income FY2025 −52.8M USD. Net income FY2021 −41.48M USD. Net income FY2022 231.15M USD. Net income FY2023 15.6M USD. Net income FY2024 −87.15M USD. Net income FY2025 −150.06M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue501.46M USD525.26M USD532.66M USD921M USD558.01M USD
Cost of goods sold142.15M USD171.2M USD140.93M USD142.25M USD118.44M USD
Gross profit359.31M USD354.06M USD391.73M USD778.75M USD439.57M USD
Selling, general, and administrative378.74M USD363.88M USD333.22M USD298.16M USD226.98M USD
Operating expenses412.12M USD396.25M USD362.24M USD324.67M USD249.91M USD
Interest expense36.5M USD40.45M USD44.69M USD69.44M USD70.05M USD
Depreciation and amortization149.79M USD175.4M USD143.7M USD133.63M USD113.45M USD
Operating income−52.8M USD−42.19M USD29.49M USD454.08M USD189.66M USD
Net income−150.06M USD−87.15M USD15.6M USD231.15M USD−41.48M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-1.01
FY2025
Latest fiscal-year revenue
501.46M USD
FY2025 · -4.53% year over year
Next fiscal-year EPS consensus
-0.075
FY2026 · 3 analysts
Next fiscal-year revenue consensus
580.4M USD
FY2026 · 4 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend1.850.81-0.23-1.27FY21FY22FY23FY24FY25FY26FY27FY28

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend964.7M789.88M615.05M440.23MFY21FY22FY23FY24FY25FY26FY27FY28

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$4.25

8.42% upside
Past 12 months12-month forecast

Price history unavailable

High $4.25Average $4.25Low $4.25

Rating distribution

15 ratings
Strong buy00%
Buy640%
Hold747%
Sell213%
Strong sell00%

Recent analyst actions

1 institution

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.04

2025 complete year-96.4% since 2012

2026 partial: $0.03

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 19, 2026

$0.01

Quarterly

Record Aug 19, 2026 · Payment Aug 26, 2026

Dividend

Ex-dividend May 21, 2026

$0.01

Quarterly

Record May 21, 2026 · Payment May 28, 2026

Dividend

Ex-dividend Mar 19, 2026

$0.01

Quarterly

Record Mar 19, 2026 · Payment Mar 26, 2026

Dividend

Ex-dividend Nov 19, 2025

$0.01

Quarterly

Record Nov 19, 2025 · Payment Nov 26, 2025

Dividend

Ex-dividend Aug 18, 2025

$0.01

Quarterly

Record Aug 18, 2025 · Payment Aug 25, 2025

Dividend

Ex-dividend May 20, 2025

$0.01

Quarterly

Record May 20, 2025 · Payment May 27, 2025

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