B Stanley - WT Offshore Independent Director

WTI Stock  USD 1.70  0.06  3.41%   

Director

Mr. B. Frank Stanley, CPA, is Independent Director of the Company. Mr. Stanley serves as a member of our Audit, Compensation and Nominating and Corporationrationrate Governance Committees. He is currently CoChief Executive Officer and Chief Financial Officer of Retail Concepts, Inc., a privatelyheld retail chain of 33 stores in 13 states with over seven hundred employees. Prior to joining Retail Concepts, Inc. in 1988, he was Chief Financial Officer of Southpoint Porsche Audi WGW Ltd. from 1987 to 1988. From 1985 to 1987, he was employed by KPMG Peat Marwick, holding the position of Manager, Audit in 1987. From 1983 to 1984, he was Chief Financial Officer of Design Research, Inc., a manufacturer of housing for offshore drilling platforms. From 1980 to 1982, he was Chief Financial Officer of Tiger Oilfield Rental Co., Inc. and, from 1977 to 1979, he was an accountant with Trunkline Gas Co. Mr. Stanley holds a B.B.A. in Accounting from Texas AM University and is a certified public accountant since 2009.
Age 66
Tenure 15 years
Address 5718 Westheimer Road, Houston, TX, United States, 77057-5745
Phone713 626 8525
Webhttps://www.wtoffshore.com
Stanley has an extensive background in accounting and financial matters, which qualify him for service as a member of our Board and Audit, Compensation, and Nominating and Corporationrationrationrate Governance Committees.

WT Offshore Management Efficiency

The company has Return on Asset of (0.0142) % which means that on every $100 spent on assets, it lost $0.0142. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (1.6888) %, meaning that it generated no profit with money invested by stockholders. WT Offshore's management efficiency ratios could be used to measure how well WT Offshore manages its routine affairs as well as how well it operates its assets and liabilities. As of now, WT Offshore's Return On Tangible Assets are increasing as compared to previous years. The WT Offshore's current Return On Assets is estimated to increase to 0.02, while Return On Capital Employed is projected to decrease to 0.03. As of now, WT Offshore's Net Tangible Assets are decreasing as compared to previous years. The WT Offshore's current Return On Tangible Assets is estimated to increase to 0.02, while Other Assets are projected to decrease to under 118.9 M.
WT Offshore has 402.86 M in debt with debt to equity (D/E) ratio of 5.55, demonstrating that the company may be unable to create cash to meet all of its financial commitments. WT Offshore has a current ratio of 1.57, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for WTI to invest in growth at high rates of return.

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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. WT Offshore operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 323 people. 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.

Management Performance

WT Offshore Leadership Team

Elected by the shareholders, the WT Offshore's board of directors comprises two types of representatives: WT Offshore inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WTI. The board's role is to monitor WT Offshore's management team and ensure that shareholders' interests are well served. WT Offshore's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, WT Offshore's outside directors are responsible for providing unbiased perspectives on the board's policies.
Tracy Krohn, Co-Founder, Chairman, CEO and Member of Nominating and Corporate Governance Committee
Todd Grabois, VP Treasurer
Janet Yang, Chief Financial Officer, Executive Vice President, Principal Accounting Officer
Stuart Katz, Independent Director
Kristen Ecklund, Vice Resources
Al Petrie, Investor Coordinator
Sameer Parasnis, Executive CFO
Allen Tate, Senior Marketing
Stephen Schroeder, Senior Vice President, Chief Technical Officer
Bart III, VP Officer
S Nelson, Independent Director
George Hittner, General VP
Daniel Conwill, Independent Director
Jonathan Curth, General VP
Shahid Ghauri, Vice President, General Counsel, Corporate Secretary
Virginia Boulet, Independent Director
B Stanley, Independent Director
William Williford, Executive Vice President and General Manager of Gulf of Mexico
Brent Collins, Director Relations
Alvin Haynes, Vice Officer

WTI Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is WT Offshore a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
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
0.04
Earnings Share
(0.43)
Revenue Per Share
3.657
Quarterly Revenue Growth
(0.15)
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.