W & T Offshore Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 6.21
Dividend & YieldN/A$ (N/A)
Beta 2
Market capitalization 897.63M
Operating cash flow 349.23M
ESG Scores unknown

Company description

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.

Sector: Energy - Industry: Oil & Gas E&P

Financial Ratios
Quick Ratio1.1
Working Capital-1.22
Return On Equity0.17
Debt To Equity-2.78
Fixed Asset Ratio1.09
Fixed Interest Cover0.17

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 40.08M -11.04M -41.35M 46.1M
Total Cashflows From Investing Activities -66.39M -313.81M -47.62M -27.44M
Net Borrowings -257.19M 84M -48.93M 110.86M
Total Cash From Financing Activities -321.14M 80.73M -49.6M 100.27M
Change To Operating Activities -8.61M 25.42M 8.25M -24.65M
Issuance Of Stock
Net Income 248.83M 74.09M 37.79M -41.48M
Change In Cash -65.77M -860k 11.29M 206.49M
Effect Of Exchange Rate
Total Cash From Operating Activities 321.76M 232.23M 108.51M 133.67M
Depreciation 149.85M 148.5M 120.28M 113.45M
Change To Account Receivables 2.76M -14.33M 27.1M -14.99M
Other Cashflows From Financing Activities -63.95M -3.27M -670k -10.59M
Change To Netincome -125.03M 13.42M -52.41M 48.71M
Capital Expenditures -107.52M -325.92M -21.08M -32.72M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 249.36M -1.11M 7.64M -49.53M
Net Income 248.83M 74.09M 37.79M -41.48M
Selling General Administrative 60.15M 55.11M 41.74M 54.5M
Gross Profit 403.23M 322.14M 162.83M 355.51M
Ebit 247.03M 58.65M 24.61M 12.25M
Operating Income 247.03M 58.65M 24.61M 12.25M
Interest Expense -48.65M -59.57M -61.46M -70.05M
Income Tax Expense 535k -75.19M -30.15M -8.06M
Total Revenue 578.87M 532.37M 341.72M 547.94M
Cost Of Revenue 175.64M 210.23M 178.89M 192.43M
Total Other Income ExpenseNet 2.33M -59.76M -16.97M -61.78M
Net Income From Continuing Ops 248.83M 74.09M 37.79M -41.48M
Net Income Applicable To Common Shares 239.1M 72.72M 37.35M -41.48M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.17B 1.25B 1.15B 1.44B
Total Stockholder Equity -324.8M -249.37M -208.29M -247.18M
Other Current Liabilities 78.29M 62.18M 57.87M 189.97M
Total Assets 848.87M 1B 940.58M 1.19B
Common Stock 1k 1k 1k 1k
Other Current Assets 76.41M 30.69M 13.83M 47.8M
Retained Earnings -846.34M -772.25M -734.46M -775.94M
Treasury Stock -24.17M -24.17M -24.17M -24.17M
Cash 33.29M 32.43M 43.73M 245.8M
Total Current Liabilities 186.29M 189.96M 115M 324.38M
Other Stockholder Equity
Property, Plant, and Equipment 515.42M 756.73M 698.39M 675.85M
Total Current Assets 226.21M 141.75M 107.23M 358.26M
Net Tangible Assets -324.8M -249.37M -208.29M -247.18M
Net Receivables 116.51M 78.63M 49.67M 64.66M
Accounts Payable 82.07M 102.34M 41.3M 67.41M


Insider Transactions

Here are the insider transactions of stock shares related to W & T Offshore Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
KROHN TRACY WD2022-12-30Chief Executive Officer157.74k
CURTH JONATHAN CHARLESD2022-12-30General Counsel5.83k
YANG SUNGHEE JANETD2022-12-30Chief Financial Officer26.08k
WILLIFORD WILLIAM J.D2022-12-30Chief Operating Officer26.08k
HARTMAN BART P. IIID2022-12-30Officer6.12k
BOULET VIRGINIAStock Award(Grant) at price 0.00 per share.D2022-05-03Director14.14k
STANLEY B FRANKStock Award(Grant) at price 0.00 per share.D2022-05-03Director14.14k
CONWILL DANIEL O IVStock Award(Grant) at price 0.00 per share.D2022-05-03Director14.14k
GHAURI SHAHID ASale at price 4.50 per share.D2022-03-21General Counsel116.41k
KROHN TRACY WD2021-12-31Chief Executive Officer73.86k
SCHROEDER STEPHEN LD2021-12-31Chief Technology Officer8.06k
GHAURI SHAHID AD2021-12-31General Counsel6.86k
YANG SUNGHEE JANETD2021-12-31Chief Financial Officer8.06k
WILLIFORD WILLIAM J.D2021-12-31Officer8.06k
KROHN TRACY WD2021-12-15Chief Executive Officer290.54k
SCHROEDER STEPHEN LD2021-12-15Chief Technology Officer36.4k
GHAURI SHAHID AD2021-12-15General Counsel33.09k
YANG SUNGHEE JANETD2021-12-15Chief Financial Officer24.91k
WILLIFORD WILLIAM J.D2021-12-15Officer24.91k
BOULET VIRGINIAPurchase at price 3.24 per share.D2021-08-05Director14k
BOULET VIRGINIAStock Award(Grant) at price 3.24 per share.D2021-08-05Director14k
STANLEY B FRANKPurchase at price 3.60 per share.D2021-05-10Director15k
BOULET VIRGINIAStock Award(Grant) at price 0.00 per share.D2021-05-04Director20.83k
STANLEY B FRANKStock Award(Grant) at price 0.00 per share.D2021-05-04Director20.83k
CONWILL DANIEL O IVStock Award(Grant) at price 0.00 per share.D2021-05-04Director20.83k
KROHN TRACY WD2020-12-15Chief Executive Officer337.52k
SCHROEDER STEPHEN LD2020-12-15Chief Technology Officer42.29k
GHAURI SHAHID AD2020-12-15General Counsel38.44k
YANG SUNGHEE JANETD2020-12-15Chief Financial Officer18.23k
WILLIFORD WILLIAM J.D2020-12-15Officer24.22k
BOULET VIRGINIAStock Award(Grant) at price 0.00 per share.D2020-08-05Director27.34k
NELSON S JAMES JRStock Award(Grant) at price 0.00 per share.D2020-08-05Director27.34k
KATZ STUART BStock Award(Grant) at price 0.00 per share.D2020-08-05Director27.34k
STANLEY B FRANKStock Award(Grant) at price 0.00 per share.D2020-08-05Director27.34k
KROHN TRACY WPurchase at price 2.15 per share.D2020-07-09Chief Executive Officer190.85k
KROHN TRACY WPurchase at price 2.15 per share.D2020-07-08Chief Executive Officer346.36k
KROHN TRACY WPurchase at price 2.15 per share.D2020-07-07Chief Executive Officer285.98k
BOULET VIRGINIAPurchase at price 2.20 per share.D2020-07-06Director18.6k
STANLEY B FRANKPurchase at price 2.39 per share.D2020-06-25Director20k
GHAURI SHAHID APurchase at price 2.12 per share.D2020-04-13General Counsel567
KATZ STUART BPurchase at price 1.55 per share.D2020-03-10Director22k
BOULET VIRGINIAPurchase at price 1.69 per share.D2020-03-09Director18k
KROHN TRACY WD2019-12-16Chief Executive Officer638.98k
SCHROEDER STEPHEN LD2019-12-16Chief Technology Officer135.02k
GHAURI SHAHID AD2019-12-16General Counsel98.08k
YANG SUNGHEE JANETD2019-12-16Chief Financial Officer12.76k
WILLIFORD WILLIAM J.D2019-12-16Officer30.75k
BOULET VIRGINIAPurchase at price 4.42 per share.D2019-11-14Director3.2k
WILLIFORD WILLIAM J.Purchase at price 4.12 per share.D2019-08-26Officer10k
KROHN TRACY WPurchase at price 4.06 per share.D2019-08-23Chief Executive Officer100k
BUMP DAVID M.Sale at price 4.31 per share.D2019-08-23Officer13.5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to W & T Offshore Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on W & T Offshore Inc

Here is the result of two systematic investment strategies applied to W & T Offshore Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on W & T Offshore Inc

The following chart shows the equity curve of the two systematic investment strategies applied to W & T Offshore Inc:

W & T Offshore Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -1.65% on the backtest period.

Performance at glance

Performance

-1.65 %

Latent gain

-37.04 $

Invested capital

2250.94 $

Annualized return

-0.4 %
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Momentum strategy results on W & T Offshore Inc

This is the result of two momentum investment strategies applied to W & T Offshore Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on W & T Offshore Inc

The following chart shows all the entries opened by the momentum investment system on W & T Offshore Inc:

W & T Offshore Inc momentum entries
  • The first momentum investment strategy would give -3.37% of return on W & T Offshore Inc. That represents -160.14$ of latent gain with 4746.8$ of employed capital.
  • The second momentum investment strategy would give -9.74% of return on W & T Offshore Inc. That represents -243.27$ of latent gain with 2497.73$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-3.37 %

Latent gain

-160.14 $

Invested capital

4746.8 $

Annualized return

26.06 %
Performance at glance (2Q Momentum)

Performance

-9.74 %

Latent gain

-243.27 $

Invested capital

2497.73 $

Annualized return

-2.66 %

Momentum equity curve on W & T Offshore Inc

The following chart shows the equity curve of the two momentum strategies applied to W & T Offshore Inc:

W & T Offshore Inc momentum equity

Note: the dividends potentially given by W & T Offshore Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on W & T Offshore Inc

The following chart shows the employed capital evolution of the two momentum strategies on W & T Offshore Inc since the beginning:

W & T Offshore Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on W & T Offshore Inc

Buy the dip entry openings on W & T Offshore Inc

W & T Offshore Inc

The performance achieved by the robo-advisor on W & T Offshore Inc is 55.76%. That represents 139.15$ of latent gain with 249.55$ of employed capital. The following chart shows W & T Offshore Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of W & T Offshore Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

55.76 %

Latent gain

139.15 $

Invested capital

249.55 $

Annualized return

26.06 %

Equity curve of the strategy applied to W & T Offshore Inc

The following chart shows the result of the investment strategy applied to W & T Offshore Inc:

W & T Offshore Inc

Note: the dividends potentially given by W & T Offshore Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on W & T Offshore Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on W & T Offshore Inc:

W & T Offshore Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on W & T Offshore Inc

In this section, I will compare the three previous investment strategies applied to W & T Offshore Inc.

Equity curve comparison on W & T Offshore Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

W & T Offshore Inc investment strategy comparison

Employed capital comparison on W & T Offshore Inc

W & T Offshore Inc investment comparison

Performance comparison on W & T Offshore Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -1.65% -37.04$ 2250.94$ -0.4%
Momentum 1 quarter -3.37% -160.14$ 4746.8$ -0.86%
Momentum 2 quarters -9.74% -243.27$ 2497.73$ -2.66%
Non-directional 55.76% 139.15$ 249.55$ 26.06%
Annualized return comparison

Automatic investment

-0.4 %

Momentum 1Q

-2.66 %

Momentum 2Q

-2.66 %

Non-directional

26.06 %

Correlated stocks

Here are the most positively and negatively correlated stocks with W & T Offshore Inc:

Note: The algorithm computes the probability of correlation between W & T Offshore Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of W & T Offshore Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name W & T Offshore Inc
Country United States
City Houston
Address 5718 Westheimer Road
Phone 713 626 8525
Website www.wtoffshore.com
FullTime employees 323
Industry Oil & Gas E&P
Sector Energy
Exchange XNYS
Ticker WTI
Market www.nyse.com

W & T Offshore Inc ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown