W&T Offshore, Inc.
$4.10
+2.0%W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil, natural gas liquids, and natural gas. As of December 31, 2021, the company had working interests in 43 fields in federal and state waters; and under lease approximately 606,000 gross acres, including approximately 419,000 gross acres on the Gulf of Mexico Shelf, as well as approximately 187,000 gross acres in the Gulf of Mexico deepwater. W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas.
At a Glance
Live SnapshotIntrinsic Alpha Methodology
Thesis Lenses
Signal
Medium confidenceValuation multiple is compressed (P/E -4.1).
Valuation inputs: P/E -4.1, earnings yield N/A, momentum +2.0%.
If multiples stay elevated while momentum fades, downside repricing risk rises.
Driver
High confidenceReturn profile is strong (ROE +75.1%, ROIC -7.2%).
Profitability stack: net margin -29.9%, ROE +75.1%, ROIC -7.2%.
Quality deterioration often appears in margins before it shows up in headline EPS.
Risk
High confidenceDownside profile is elevated and scenario stress-testing is essential.
Risk factors: liabilities/assets +120.9%, momentum +2.0%, net margin -29.9%.
Higher leverage with weak momentum and thin margins can amplify drawdown severity.
W&T Offshore, Inc. Market vs Earnings Trajectory
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W&T Offshore, Inc. Fair Value Envelope
W&T Offshore, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Thin margins leave little room for error. Cost management and pricing strategy are critical.
Operating Margin
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net Profit Margin
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
W&T Offshore, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Capital-intensive growth: Heavy reinvestment limits current cash available but may drive future returns. Assess whether CapEx supports compelling growth opportunities with adequate ROI.
W&T Offshore, Inc. Funding & Solvency Profile
Financial Health Analysis
Current Ratio
Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.
Working Capital
Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.
Asset Composition
Capital-intensive business with significant long-term investments in property, equipment, or intangibles.
W&T Offshore, Inc. Street Expectations Map
No Target Data
No analyst price targets available for wti.
W&T Offshore, Inc. Insider Positioning
During the last 12 months, insiders have purchased $527K and sold $38K worth of WTI shares, resulting in $490K of net buying activity.
3 Months
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0.00
+0
+$0
3-6 Months
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6-9 Months
286.8K
527.26K
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0.00
+527K
+$527K
9-12 Months
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21.7K
37.62K
-38K
-$38K
Top Buyers
Krohn Tracy W
Director, 10 Percent Owner, Officer: Chairman, Ceo & President
$527K
Top Sellers
Parasnis Sameer
Officer: Evp & Chief Financial Officer
$24K
Hittner George
Officer: Evp, Gc & Corporate Secretary
$14K
Insider Activity Analysis
Net Insider Sentiment
Strong bullish signal with $490K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.
Buy/Sell Ratio
Exceptional buy/sell ratio. Buying dramatically outweighs selling—one of the strongest possible insider signals.
Insider Participation
2 insider sellers vs. 1 buyers. More insiders selling than buying suggests cautious or negative sentiment.
wti Dividend History
Learning Layer
Related Guides
Build conviction on WTI by pairing this stock hub with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.