W&T Offshore Overview
- Year Founded
-
1983
- Status
-
Public
- Employees
-
395
- Stock Symbol
-
WTI
- 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
Website
www.wtoffshore.comCorporate Office
- 5718 Westheimer Road
- Suite 700
- Houston, TX 77057
- United States
Corporate Office
- 5718 Westheimer Road
- Suite 700
- Houston, TX 77057
- United States
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 |
W&T Offshore Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
W&T Offshore Comparisons
Industry
Financing
Details
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 |
W&T Offshore Signals
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 |
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
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 |
|
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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