Wt Offshore Stock Today
| WTI Stock | USD 2.38 0.03 1.24% |
Performance0 of 100
| Odds Of DistressLess than 5
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WT Offshore is trading at 2.38 as of the 18th of April 2024. This is a -1.24% down since the beginning of the trading day. The stock's open price was 2.41. WT Offshore has under 5 % chance of experiencing financial distress over the next 2 years, but 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 26th of September 2022 and ending today, the 18th of April 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 146.86 M outstanding shares of which 19.54 M shares are at this time shorted by investors with about 5.27 days to cover. More on WT Offshore
Moving against WTI Stock
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Follow Valuation Options Odds of Bankruptcy
Financial Report 14th of May 2024
WTI Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. WT Offshore's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding WT Offshore or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| 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 Analysts covering WT Offshore report their recommendations after researching WT Offshore's financial statements, talking to executives and customers, or listening in on WT Offshore's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering WT Offshore. The WTI consensus assessment is calculated by taking the average forecast from all of the analysts covering WT Offshore. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from WT Offshore's historical financial statements, WT Offshore may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. Financial strength of WT Offshore is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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WT Offshore's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to WT Offshore's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to 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 377.42 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate WT Offshore's market, we take the total number of its shares issued and multiply it by WT Offshore's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. WT Offshore runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 146.86 M outstanding shares of which 19.54 M shares are at this time shorted by investors with about 5.27 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 shows a total of 146.86 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. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check WTI Ownership Details
WTI Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of WT Offshore jumping above the current price in 90 days from now is roughly 97.0%. The WT Offshore probability density function shows the probability of WT Offshore stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.4723. This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, WT Offshore will likely underperform. Additionally, wT Offshore has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of WT Offshore to move above the current price in 90 days from now is roughly 97.0 (This WT Offshore probability density function shows the probability of WTI Stock to fall within a particular range of prices over 90 days) .
WTI Stock Institutional Holders
Institutional Holdings refers to the ownership stake in WT Offshore that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of WT Offshore's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing WT Offshore's value.| Instituion | Recorded On | Shares | |
| Deprince Race & Zollo Inc | 2023-12-31 | 1.3 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.3 M | |
| Northern Trust Corp | 2023-12-31 | 1.2 M | |
| Renaissance Technologies Corp | 2023-12-31 | 1.1 M | |
| First Trust Advisors L.p. | 2023-12-31 | 935.5 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 929.8 K | |
| Millennium Management Llc | 2023-12-31 | 861.3 K | |
| Susquehanna International Group, Llp | 2023-12-31 | 826.3 K | |
| D. E. Shaw & Co Lp | 2023-09-30 | 803.7 K | |
| Blackrock Inc | 2023-12-31 | 8.4 M | |
| State Street Corporation | 2023-12-31 | 7.4 M |
WT Offshore Historical Income Statement
WT Offshore Income Statement is one of the three primary financial statements used for reporting WTI's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of WT Offshore revenue and expense. WT Offshore Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, WT Offshore's Operating Income is increasing as compared to previous years. The WT Offshore's current Cost Of Revenue is estimated to increase to about 203.8 M, while Gross Profit is projected to decrease to under 354.3 M. View More FundamentalsWTI Stock Against Markets
Picking the right benchmark for WT Offshore stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in WT Offshore stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for WT Offshore is critical whether you are bullish or bearish towards WT Offshore at a given time. Please also check how WT Offshore's historical prices are related to one of the top price index indicators.
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WT Offshore Corporate Directors
WT Offshore corporate directors refer to members of a WT Offshore board of directors. The board of directors generally takes responsibility for the WT Offshore's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of WT Offshore's board members must vote for the resolution. The WT Offshore board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Frank Stanley | Independent Director | Profile | |
| Stuart Katz | Independent Director | Profile | |
| Virginia Boulet | Independent Director | Profile | |
| James Nelson | Independent Director | Profile |
How to buy WTI Stock?
Before investing in WT Offshore, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in WT Offshore. To buy WT Offshore stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of WT Offshore. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase WT Offshore stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located WT Offshore stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased WT Offshore stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as WT Offshore, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy WTI Stock please use our How to Invest in WT Offshore guide.
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 tightly coupled 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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When running WT Offshore's price analysis, check to measure WT Offshore's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WT Offshore is operating at the current time. Most of WT Offshore's value examination focuses on studying past and present price action to predict the probability of WT Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WT Offshore's price. Additionally, you may evaluate how the addition of WT Offshore to your portfolios can decrease your overall portfolio volatility.
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Is WT Offshore's industry 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 0.01 | Earnings Share 0.11 | Revenue Per Share 3.636 | Quarterly Revenue Growth (0.30) |
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.