W&T Offshore (WTI) AI Stock Analysis

• Market Cap: $292.23M
• Dividend Yield: 2.03%
• Average Volume (3M): 2.40M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.77
• Revenue Growth: -11.53%
• EPS Growth: -342.58%
• Country: US
• Employees: 400
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): -0.08
• Shares Outstanding: 148,339,040
• 10 Day Avg. Volume: 1,453,192
• 30 Day Avg. Volume: 2,395,491
• PEG Ratio: <0.01
• Price to Book (P/B): -4.65
• Price to Sales (P/S): 0.46
• P/FCF Ratio: -4.17
• Enterprise Value/Market Cap: 1.62
• Enterprise Value/Revenue: 0.96
• Enterprise Value/Gross Profit: 1.87
• Enterprise Value/Ebitda: 7.65
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: $2.00 ▼(-7.41% Downside)

The overall stock score for W&T Offshore is primarily impacted by its financial challenges, including declining revenues and high leverage, which are significant concerns. The earnings call provided some positive insights, such as increased production and improved cash flow, but these are tempered by operational challenges. Technical analysis suggests mixed signals, with some long-term bullish momentum but short-term bearish trends. Valuation remains a concern due to ongoing losses.

W&T Offshore Business Overview & Revenue Model

Company Description

W&T Offshore, Inc. (WTI) is an independent oil and natural gas exploration and production company headquartered in Houston, Texas. The company primarily focuses on the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. W&T Offshore operates in the energy sector and is engaged in both onshore and offshore operations, with a portfolio that includes producing fields and undeveloped properties, which are geared towards maximizing production and reserves.

How the Company Makes Money

W&T Offshore generates revenue primarily through the sale of crude oil, natural gas, and natural gas liquids produced from its properties. The company utilizes a revenue model where it sells its produced hydrocarbons at market prices, which can fluctuate based on global supply and demand, geopolitical events, and changes in energy policy. Key revenue streams include direct sales of oil and gas to refiners, marketers, and other end-users, often through long-term contracts or spot market transactions. Additionally, W&T Offshore may engage in joint ventures or partnerships with other energy companies to share resources, technology, and capital expenditures, which can enhance operational efficiency and reduce financial risk. The company's ability to manage production costs and optimize its asset portfolio also plays a significant role in its profitability.

W&T Offshore Financial Statement Overview

Summary

W&T Offshore is facing financial challenges with declining revenues and profitability, as evidenced by negative margins and high leverage. The balance sheet shows significant financial instability with negative equity. Despite these issues, there is some improvement in cash flow generation, which could provide a buffer against ongoing operational difficulties. The company needs to address its leverage and improve operational efficiency to stabilize its financial position.

Income Statement

The income statement shows a declining trend in revenue with a negative revenue growth rate of -3.96% TTM. Gross profit margin has decreased from 67.41% in 2024 to 51.30% TTM, indicating reduced profitability. Net profit margin is negative at -22.62% TTM, reflecting ongoing losses. The EBIT margin is also negative, suggesting operational challenges. EBITDA margin has decreased significantly from 22.60% in 2024 to 12.53% TTM, highlighting reduced operational efficiency.

Balance Sheet

The balance sheet reveals a concerning financial structure with negative stockholders' equity and a negative debt-to-equity ratio of -0.0056 TTM, indicating high leverage and financial instability. Return on equity is positive at 165.79% TTM, but this is due to negative equity, which distorts the metric. The equity ratio is negative, reflecting a precarious financial position.

Cash Flow

Cash flow analysis shows a significant improvement in free cash flow growth at 66.06% TTM, indicating better cash management. However, the operating cash flow to net income ratio is low at 0.18 TTM, suggesting weak cash generation relative to net income. The free cash flow to net income ratio is positive at 0.32 TTM, showing some ability to generate cash despite net losses.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	493.95M	525.26M	532.66M	921.00M	558.01M	346.63M
Gross Profit	253.38M	354.06M	248.73M	527.83M	416.64M	205.40M
EBITDA	61.88M	118.72M	222.33M	587.71M	301.01M	144.89M
Net Income	-111.74M	-87.14M	15.60M	231.15M	-41.48M	37.79M
Balance Sheet
Total Assets	1.02B	1.10B	1.11B	1.43B	1.19B	940.58M
Cash, Cash Equivalents and Short-Term Investments	120.72M	109.00M	173.34M	461.36M	245.80M	43.73M
Total Debt	351.80M	394.75M	402.86M	693.44M	730.90M	625.29M
Total Liabilities	1.13B	1.15B	1.08B	1.42B	1.44B	1.15B
Stockholders Equity	-102.72M	-52.58M	31.19M	7.63M	-247.18M	-208.29M
Cash Flow
Free Cash Flow	11.43M	-58.64M	34.25M	246.34M	100.94M	87.43M
Operating Cash Flow	35.22M	58.78M	115.33M	339.53M	133.67M	108.51M
Investing Cash Flow	28.71M	-118.18M	-81.61M	-95.08M	-27.44M	-47.62M
Financing Cash Flow	-69.85M	-8.56M	-321.74M	-28.89M	100.27M	-49.60M

W&T Offshore Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 2.16
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WTI, the sentiment is Neutral. The current price of 2.16 is below the 20-day moving average (MA) of 2.17, above the 50-day MA of 1.97, and above the 200-day MA of 1.68, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 44.21 is Neutral, neither overbought nor oversold. The STOCH value of 16.27 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for WTI.

W&T Offshore Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
REI	67 Neutral	$189.75M	2.68	8.08%	―	-13.66%	-4.85%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
BRY	63 Neutral	$257.64M	51.55	0.75%	3.61%	-16.08%	―
PNRG	62 Neutral	$219.53M	8.95	18.75%	―	22.97%	-19.37%
EPM	57 Neutral	$150.49M	131.93	1.50%	10.86%	-0.04%	-71.98%
AMPY	53 Neutral	$182.10M	12.21	3.66%	―	-10.36%	-43.83%
WTI	49 Neutral	$292.23M	-2.60	―	2.03%	-11.53%	-342.58%

W&T Offshore Corporate Events

W&T Offshore Amends Equity Distribution Agreement

On August 28, 2025, W&T Offshore, Inc. amended its At-The-Market Equity Distribution Agreement to include Virtu Americas LLC as a sales agent and remove Stifel, Nicolaus & Company, Incorporated. This amendment allows the company to offer and sell its common stock, with an aggregate gross sales price of up to $83,001,247, under a new prospectus supplement filed with the SEC, potentially impacting its market operations and stakeholder interests.

The most recent analyst rating on (WTI) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on W&T Offshore stock, see the WTI Stock Forecast page.

W&T Offshore Reports Q2 2025 Earnings and Strategic Updates

W&T Offshore, Inc. is an independent oil and natural gas producer operating primarily in the Gulf of Mexico, known for its strategic acquisitions and development of offshore resources.

W&T Offshore’s Earnings Call Highlights Growth and Strategic Focus

W&T Offshore’s recent earnings call conveyed a positive sentiment, highlighting significant operational achievements and financial improvements. Despite some operational challenges and maintenance costs, the company’s strategic focus on low-risk acquisitions and operational excellence positions it well for future growth.