W&T Offshore Overview

  • Year Founded
  • 1983

Year Founded

  • Status
  • Public

  • Employees
  • 395

Employees

  • Stock Symbol
  • WTI

Stock Symbol

  • Investments
  • 24

  • Share Price
  • $2.08
  • (As of Monday Closing)

W&T Offshore General Information

Description

W&T Offshore Inc is an oil and gas exploration and production company. The company's exploration operations are focused in the Gulf of Mexico, where it drills for oil and gas. The company engages in both deepwater drilling and shallow-water shelf drilling. W&T Offshore extracts crude oil, natural gas, and natural gas liquids, which are then sold directly at the wellhead. Overall, crude oil accounts for the majority of company's revenue, with natural gas accounting for a much smaller portion.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Corporate Office
  • 5718 Westheimer Road
  • Suite 700
  • Houston, TX 77057
  • United States
+1 (713)
Primary Industry
Energy Exploration
Other Industries
Energy Production
Stock Exchange
NYS
Vertical(s)
Corporate Office
  • 5718 Westheimer Road
  • Suite 700
  • Houston, TX 77057
  • United States
+1 (713)

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W&T Offshore Stock Performance

As of 11-Nov-2024, W&T Offshore’s stock price is $2.08. Its current market cap is $307M with 147M shares.

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$2.08 $2.15 $1.92 - $3.92 $307M 147M 1.74M -$0.43

W&T Offshore Financials Summary

As of 30-Sep-2024, W&T Offshore has a trailing 12-month revenue of $537M.

In Thousands,
USD
TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 586,455 738,569 1,065,567 956,669
Revenue 537,256 532,656 920,997 558,010
EBITDA 108,002 193,309 461,372 111,036
Net Income (64,226) 15,598 231,149 (41,478)
Total Assets 1,127,276 1,114,005 1,431,790 1,193,207
Total Debt 394,057 402,862 705,592 743,240
Public Fundamental Data provided by Morningstar, Inc. disclaimer

W&T Offshore Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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W&T Offshore Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
W&T Offshore Inc is an oil and gas exploration and production company. The company's exploration operations are focused
Energy Exploration
Houston, TX
395 As of 2023

Houston, TX
 

Dallas, TX
 
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W&T Offshore Competitors (16)

One of W&T Offshore’s 16 competitors is Talos Energy, a Formerly PE-Backed company based in Houston, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Talos Energy Formerly PE-Backed Houston, TX
Alta Mesa Resources Private Equity-Backed Dallas, TX
Northern Oil & Gas Corporation Minnetonka, MN
PetroQuest Energy Private Debt Financed Lafayette, LA
Comstock Resources Corporation Frisco, TX
You’re viewing 5 of 16 competitors. Get the full list »

W&T Offshore Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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W&T Offshore Investments & Acquisitions (24)

W&T Offshore’s most recent deal was a Corporate Asset Purchase with W&T Offshore (Six Gulf of Mexico Fields in Mexixco) for . The deal was made on 16-Jan-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
W&T Offshore (Six Gulf of Mexico Fields in Mexixco) 16-Jan-2024 Corporate Asset Purchase Other Energy
W&T Offshore (Eight Shallow Water Oil and Gas Producing Assets in Gulf of Mexico) 01-Jun-2023 Corporate Asset Purchase Other Energy
W&T Offshore (Oil and Gas Producing Properties Located in Gulf of Mexico) 01-Apr-2022 Corporate Asset Purchase Other Energy
ConocoPhillips (Magnolia Field) 04-Mar-2020 Secondary Transaction - Private Other Energy
ConocoPhillips (Magnolia Field) 12-Dec-2019 Corporate Asset Purchase Other Energy
You’re viewing 5 of 24 investments and acquisitions. Get the full list »

W&T Offshore ESG

Risk Overview

Risk Rating

Updated December, 11, 2023

41.46 | Severe Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,035

Rank

Percentile

Oil & Gas Producers

Industry

of 300

Rank

Percentile

Oil & Gas Exploration and Production

Subindustry

of 159

Rank

Percentile

To view W&T Offshore’s complete esg history, request access »

W&T Offshore Exits (1)

W&T Offshore’s most recent exit was on 05-Nov-2013 from Medusa Spar. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Medusa Spar 05-Nov-2013 Completed
To view W&T Offshore’s complete exits history, request access »

W&T Offshore FAQs

  • When was W&T Offshore founded?

    W&T Offshore was founded in 1983.

  • Where is W&T Offshore headquartered?

    W&T Offshore is headquartered in Houston, TX.

  • What is the size of W&T Offshore?

    W&T Offshore has 395 total employees.

  • What industry is W&T Offshore in?

    W&T Offshore’s primary industry is Energy Exploration.

  • Is W&T Offshore a private or public company?

    W&T Offshore is a Public company.

  • What is W&T Offshore’s stock symbol?

    The ticker symbol for W&T Offshore is WTI.

  • What is the current stock price of W&T Offshore?

    As of 11-Nov-2024 the stock price of W&T Offshore is $2.08.

  • What is the current market cap of W&T Offshore?

    The current market capitalization of W&T Offshore is $307M.

  • What is W&T Offshore’s current revenue?

    The trailing twelve month revenue for W&T Offshore is $537M.

  • Who are W&T Offshore’s competitors?

    Talos Energy, Alta Mesa Resources, Northern Oil & Gas, PetroQuest Energy, and Comstock Resources are some of the 16 competitors of W&T Offshore.

  • What is W&T Offshore’s annual earnings per share (EPS)?

    W&T Offshore’s EPS for 12 months was -$0.43.

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