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W&T Offshore Inc

Energy US WTI

2.015USD
0.04(1.77%)

Last update at 2024-11-20T20:40:00Z

Day Range

1.992.02
LowHigh

52 Week Range

2.866.66
LowHigh

Fundamentals

  • Previous Close 1.98
  • Market Cap499.82M
  • Volume647213
  • P/E Ratio8.32
  • Dividend Yield0.30%
  • EBITDA132.88M
  • Revenue TTM590.02M
  • Revenue Per Share TTM4.05
  • Gross Profit TTM 661.46M
  • Diluted EPS TTM0.41

Analyst Recommendations

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 284.81M -49.53500M 7.64M -1.10800M 249.36M
Minority interest - - - - -9.72700M
Net income 231.15M -41.47800M 37.79M 74.09M 248.83M
Selling general administrative 73.75M 226.98M 204.60M 239.39M 213.41M
Selling and marketing expenses - - - - 24.21M
Gross profit 527.83M 416.64M 205.40M 357.92M 406.64M
Reconciled depreciation 133.63M 113.45M 120.28M 148.50M 149.85M
Ebit 454.08M 189.66M -2.17700M 118.35M 197.10M
Ebitda 573.41M 309.27M 118.11M 266.85M 346.95M
Depreciation and amortization 119.33M 119.61M 120.28M 148.50M 149.85M
Non operating income net other -99.82800M -169.14800M 44.49M -0.18800M 50.98M
Operating income 454.08M 189.66M -2.17700M 118.35M 247.03M
Other operating expenses 466.92M 368.35M 345.83M 416.36M 387.48M
Interest expense 69.44M 70.05M 61.46M 59.57M 48.65M
Tax provision 53.66M -8.05700M -30.15300M -75.19400M 0.54M
Interest income 154.97M 245.36M 61.46M 59.57M 48.65M
Net interest income -69.44100M -70.04900M -61.46300M -59.56900M -48.64500M
Extraordinary items - - - 0.00000M -0.48700M
Non recurring - - - - -
Other items - - - - -
Income tax expense 53.66M -8.05700M -30.15300M -75.19400M 0.54M
Total revenue 921.00M 558.01M 346.63M 534.90M 580.71M
Total operating expenses 298.16M 226.98M 204.60M 239.39M 213.41M
Cost of revenue 393.17M 141.37M 141.23M 176.97M 174.07M
Total other income expense net -169.26900M -239.19700M 9.81M -119.45600M 104.78M
Discontinued operations - - - - -
Net income from continuing ops 231.15M -41.47800M 37.79M 74.09M 248.83M
Net income applicable to common shares 231.15M -41.47800M 37.79M 74.09M 248.83M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 1431.79M 1193.21M 940.58M 1003.72M 848.87M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 24.34M 43.38M 13.83M 30.69M 76.41M
Total liab 1424.16M 1440.39M 1148.87M 1253.08M 1173.66M
Total stockholder equity 7.63M -247.18000M -208.28600M -249.36500M -324.79600M
Deferred long term liab 0.07M 0.11M 0.13M 7.22M 7.05M
Other current liab 87.65M 177.76M 54.13M 55.45M 75.23M
Common stock 0.00100M 0.00100M 0.00100M 0.00100M 0.00100M
Capital stock 0.00100M 0.00100M 0.00100M 0.00100M 0.00100M
Retained earnings -544.78800M -775.93700M -734.45900M -772.24900M -846.33500M
Other liab 510.11M 416.85M 397.22M 339.17M 353.83M
Good will - - - - -
Other assets 126.31M 156.56M 833.35M 102.64M 104.65M
Cash 461.36M 245.80M 43.73M 32.43M 33.29M
Cash and equivalents 461.36M 245.80M 43.73M 32.43M 33.29M
Total current liabilities 792.33M 324.38M 115.00M 189.96M 186.29M
Current deferred revenue 57.28M 36.24M 19.17M 29.45M 29.00M
Net debt 232.08M 485.10M 581.56M 687.10M 600.24M
Short term debt 582.25M 42.96M 0.39M 2.72M 0.00000M
Short long term debt 582.25M 42.96M - - -
Short long term debt total 693.44M 730.90M 625.29M 719.53M 633.53M
Other stockholder equity 552.42M 528.76M 526.17M 522.88M 8196.22M
Property plant equipment 735.22M 665.25M 686.88M 748.80M 515.42M
Total current assets 570.26M 358.26M 107.23M 141.75M 226.21M
Long term investments 11.77M 5.04M 4.48M 7.90M 5.86M
Net tangible assets 7.63M -247.18000M -208.28600M -249.36500M -324.79600M
Short term investments - - - - -
Net receivables 80.15M 64.66M 49.67M 78.63M 116.51M
Long term debt 111.19M 687.94M 625.29M 719.53M 633.53M
Inventory 4.42M 4.42M - - -
Accounts payable 65.16M 67.41M 41.30M 102.34M 82.07M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - -7803.71500M -7674.67800M
Additional paid in capital - - - - -
Common stock total equity 0.00100M 0.00100M 0.00100M 0.00100M 0.00100M
Preferred stock total equity - - - - -
Retained earnings total equity -544.78800M -775.93700M -734.45900M -772.24900M -846.33500M
Treasury stock - -24.16700M -24.16700M -24.16700M -24.16700M
Accumulated amortization - - - - -
Non currrent assets other 57.26M 67.19M 52.15M 49.25M 101.37M
Deferred long term asset charges - - - - -
Non current assets total 861.53M 834.95M 833.35M 861.97M 622.65M
Capital lease obligations 12.15M 12.34M 11.75M 7.13M -
Long term debt total 111.19M 687.94M 625.29M 719.53M 633.53M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -95.08000M -27.44400M -47.61600M -313.81400M -66.38500M
Change to liabilities -11.75500M 41.00M -39.34000M 41.18M 51.11M
Total cashflows from investing activities -95.08000M -27.44400M -47.61600M -313.81400M -66.38500M
Net borrowings -44.63400M 101.05M -48.93000M 150.00M 628.54M
Total cash from financing activities -28.89200M 100.27M -49.60000M 80.73M -321.14300M
Change to operating activities -56.21100M -24.64700M 8.25M -36.13600M -8.60500M
Net income 231.15M -41.47800M 37.79M 74.09M 248.83M
Change in cash 215.56M 206.49M 11.29M -0.86000M -65.76500M
Begin period cash flow 250.22M 43.73M 32.43M 33.29M 99.06M
End period cash flow 465.77M 250.22M 43.73M 32.43M 33.29M
Total cash from operating activities 339.53M 133.67M 108.51M 232.23M 321.76M
Issuance of capital stock 17.00M - - - -
Depreciation 133.63M 113.45M 120.28M 148.50M 149.85M
Other cashflows from investing activities -1.89400M 5.28M -26.53500M -26.53500M 56.59M
Dividends paid - - - 0.00000M 0.00000M
Change to inventory - -4.00800M 20.14M -26.00000M 19.53M
Change to account receivables -11.22700M -16.08900M 18.54M -9.56300M -2.36100M
Sale purchase of stock 16.46M - - - -
Other cashflows from financing activities -2.93100M 204.41M 24.33M 146.73M 660.25M
Change to netincome 62.41M 143.18M -100.94400M -11.96800M -125.48400M
Capital expenditures 93.19M 32.72M 21.08M 313.81M 122.97M
Change receivables -11.22700M -16.08900M 18.54M -9.56300M -2.36100M
Cash flows other operating -72.23200M -112.94200M 65.35M -15.51800M -3.03200M
Exchange rate changes - - - - -
Cash and cash equivalents changes 215.56M 206.49M 11.29M -0.86000M -65.76500M
Change in working capital -7.22300M 33.75M -0.65100M -61.94600M 73.88M
Stock based compensation 7.92M 3.36M 3.96M 3.69M 3.54M
Other non cash items -71.13200M 32.78M -22.58600M 132.00M -154.83800M
Free cash flow 246.34M 100.94M 87.43M -81.58700M 198.79M

Peer Comparison

Sector: Energy Industry: Oil & Gas E&P

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
WTI
W&T Offshore Inc
0.04 1.77% 2.02 8.32 10.70 0.80 15.69 1.24 2.72
COP
ConocoPhillips
0.38 0.34% 113.47 12.82 11.12 2.24 2.90 2.47 5.63
CNQ
Canadian Natural Resources Ltd
0.05 0.15% 33.72 15.51 14.24 2.37 2.92 2.26 5.34
EOG
EOG Resources Inc
1.01 0.75% 136.19 9.09 8.98 3.01 2.57 2.97 5.16
PEXNY
PTT Exploration & Production
- -% 14.42 25.79 24.51 5.92 3.66 0.05 0.08

Reports Covered

Stock Research & News

Profile

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. W&T Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas.

W&T Offshore Inc

5718 Westheimer Road, Houston, TX, United States, 77057-5745

Key Executives

Name Title Year Born
Mr. Tracy W. Krohn Founder, Chairman, CEO & Pres 1955
Ms. Janet Yang Exec. VP & CFO NA
Mr. William J. Williford ?Exec. VP & COO 1973
Mr. Alvin T. Haynes VP and Chief Information Officer NA
Mr. Jonathan C. Curth Exec. VP, Gen. Counsel & Corp. Sec. 1983
Mr. W. Allen Tate Sr. VP of Marketing NA
Ms. Kristen Ecklund VP of HR NA
Mr. Todd E. Grabois VP & Treasurer 1960

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