WTI
W&T Offshore, Inc.
WTI lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.
WTI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Strong | |
| Strong |
WTI's revenue, cash flow and balance sheet are currently strong, and its profitability is stable.
WTI PE Valuation
WTI has no meaningful PE right now: it lost money over the past year.
WTI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect WTI's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
WTI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.34 | +$0.65 |
| Q2 2026 | -$0.73 | +$0.03 |
| Q1 2026 | -$0.95 | -$0.23 |
| Q4 2025 | -$1.01 | -$0.42 |
| Q3 2025 | -$0.99 | -$0.57 |
| Q2 2025 | -$0.76 | -$0.60 |
| Q1 2025 | -$0.72 | -$0.58 |
| Q4 2024 | -$0.59 | -636% |
WTI lost $0.34 per share over the past year, a smaller loss than the year before.
WTI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $167.1M | +31% |
| Q2 2026 | $162.6M | +33% |
| Q1 2026 | $150M | +16% |
| Q4 2025 | $121.7M | +1.1% |
| Q3 2025 | $127.5M | +5.1% |
| Q2 2025 | $122.4M | -14% |
| Q1 2025 | $129.9M | -7.8% |
| Q4 2024 | $120.3M | -9.1% |
WTI's revenue is recovering but still below its 2022 peak: $167M last quarter, up 31% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.1% | +17 points |
| Q2 2026 | 14% | +24 points |
| Q1 2026 | 9.8% | +16 points |
| Q4 2025 | -16% | -1.6 points |
| Q3 2025 | -9.9% | +5.7 points |
| Q2 2025 | -11% | -6.1 points |
| Q1 2025 | -6.3% | -6.3 points |
| Q4 2024 | -14% | -16 points |
WTI's operating margin was 7.1% last quarter, up 17 points from the same quarter a year ago.
WTI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $36.6M | +38% |
| Q2 2026 | $33.3M | +19% |
| Q1 2026 | $2.6M | +$5.7M |
| Q4 2025 | $25.9M | +$30.3M |
| Q3 2025 | $26.5M | +80% |
| Q2 2025 | $28M | -25% |
| Q1 2025 | -$3.2M | -127% |
| Q4 2024 | -$4.3M | -112% |
WTI still generates free cash flow, though less than at its 2022 peak: $98M over the past year.
WTI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.7% | -5.8M shares |
| 1 year | +2.2% | +3.3M shares |
| 3 years | +0.3% | +388K shares |
| 5 years | +6.7% | +9.6M shares |
| Available history | +8% | +11.3M shares |
WTI has 152M diluted shares, up 2.2% from a year ago.
WTI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 1.2x | Healthy |
| Q2 2026 | 1.7x | Healthy |
| Q1 2026 | 2.7x | Moderate |
| Q4 2025 | 3.3x | Elevated |
| Q3 2025 | 3.0x | Moderate |
| Q2 2025 | 3.1x | Elevated |
| Q1 2025 | 2.7x | Moderate |
| Q4 2024 | 2.8x | Moderate |
WTI's net debt is about 1.1 years of its operating earnings (EBITDA), down from 3.0 years a year ago.
WTI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.0 | Neutral |
| Stochastic | 39.6 | Neutral |
WTI's weekly RSI is 47 (neutral) and its Stochastic is 40 (neutral).
WTI PE vs Energy Sector
| Metric | WTI | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
WTI has no meaningful PE right now: it lost money over the past year.
WTI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.66 | 9.3% below |
| 20 week MA | $3.64 | 8.8% below |
| 50 week MA | $3.19 | 4.1% above |
| 100 week MA | $2.45 | 36% above |
| 200 week MA | $2.91 | 14% above |
WTI has slipped below its 8- and 20-week averages, though it's still 14% above its 200-week average.
WTI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $5.39 | $2.30 | -57% |
| 2021 | $2.30 | $3.31 | +44% |
| 2022 | $3.31 | $5.73 | +73% |
| 2023 | $5.73 | $3.26 | -43% |
| 2024 | $3.26 | $1.61 | -51% |
| 2025 | $1.61 | $1.63 | +1.2% |
| 2026 YTD | $1.63 | $3.32 | +104% |
WTI is up 104% so far in 2026, after finishing lower in three of the previous six years.