Wt Offshore Stock Today
| WTI Stock | USD 2.24 0.02 0.88% |
Performance0 of 100
| Odds Of DistressLess than 41
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WT Offshore is trading at 2.24 as of the 12th of October 2024. This is a 0.88 percent decrease since the beginning of the trading day. The stock's open price was 2.26. WT Offshore has about a 41 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for WT Offshore are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of September 2024 and ending today, the 12th of October 2024. Click here to learn more.
Business Domain Energy | IPO Date 28th of January 2005 |
WT 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. WT Offshore, Inc. was founded in 1983 and is headquartered in Houston, Texas. The company has 147.18 M outstanding shares of which 17.32 M shares are at this time shorted by investors with about 12.21 days to cover. More on WT Offshore
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WTI Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Tracy Krohn | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Outsourcing (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Weatherly International plc | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, NYSE Composite, Outsourcing, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsWT Offshore can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand WT Offshore's financial leverage. It provides some insight into what part of WT Offshore's total assets is financed by creditors.
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WT Offshore (WTI) is traded on New York Stock Exchange in USA. It is located in 5718 Westheimer Road, Houston, TX, United States, 77057-5745 and employs 395 people. WT Offshore is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 329.69 M. WT Offshore runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 147.18 M outstanding shares of which 17.32 M shares are at this time shorted by investors with about 12.21 days to cover.
WT Offshore has about 461.36 M in cash with 115.33 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check WT Offshore Probability Of Bankruptcy
Ownership AllocationWT Offshore secures a total of 147.18 Million outstanding shares. WT Offshore shows serious amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company retains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check WTI Ownership Details
WTI Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Acadian Asset Management Llc | 2024-06-30 | 1.1 M | |
| Northern Trust Corp | 2024-06-30 | 1 M | |
| Bank Of New York Mellon Corp | 2024-06-30 | 1 M | |
| Dimensional Fund Advisors, Inc. | 2024-06-30 | 987.1 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 825.2 K | |
| Brandywine Global Investment Mgmt Llc | 2024-06-30 | 649.3 K | |
| Amvescap Plc. | 2024-06-30 | 647.2 K | |
| Fisher Asset Management, Llc | 2024-06-30 | 566.9 K | |
| Jane Street Group, Llc | 2024-06-30 | 533.4 K | |
| Blackrock Inc | 2024-06-30 | 8.2 M | |
| Vanguard Group Inc | 2024-06-30 | 7.1 M |
WT Offshore Historical Income Statement
WTI Stock Against Markets
WT Offshore Corporate Directors
| Stuart Katz | Independent Director | Profile | |
| Daniel Conwill | Independent Director | Profile | |
| Virginia Boulet | Independent Director | Profile | |
| B Stanley | Independent Director | Profile |
Already Invested in WT Offshore?
The danger of trading WT Offshore is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of WT Offshore is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than WT Offshore. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WT Offshore is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether WT Offshore offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WT Offshore's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wt Offshore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wt Offshore Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WT Offshore. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WT Offshore. If investors know WTI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WT Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Dividend Share 0.03 | Earnings Share (0.16) | Revenue Per Share 3.805 | Quarterly Revenue Growth 0.131 |
The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.