BNET Industries

W&T Offshore Inc.

(WTI) is in the Energy Industry

Market Cap:$813.7M
Last Fiscal Year Sales:$1.2B
  • Public
  • US
Dow Jones Description

W&T Offshore, Inc. is a Texas corporation originally organized as a Nevada corporation in 1988, and successor by merger to W&T Oil Properties, Inc., a Louisiana corporation organized in 1983. We are an independent oil and natural gas producer, active in the acquisition, exploitation, exploration and development of oil and natural gas properties in the Gulf of Mexico, where we have developed significant technical expertise and where high production rates associated with hydrocarbon deposits have historically provided us the best opportunity to achieve a rapid return on our invested capital. We have leveraged our historic experience in the conventional shelf (water depths of less than 500 feet) to develop higher impact capital projects in the Gulf of Mexico in both the deepwater (water depths in excess of 500 feet) and the deep shelf (well depths in excess of 15,000 feet and water depths of less than 500 feet). We have acquired rights to develop and exploit new prospects and acquired existing oil and natural gas properties in both the deepwater and the deep shelf, while at the same time continuing our focus on the conventional shelf. We have interests in leases covering approximately 1.4 million gross acres (0.8 million net acres) spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama. Approximately 79% of our total gross acreage is held-by-production. ...

Number of Employees 299
Contact Information

9 Greenway Plz Ste 300

Houston, Texas 77046

wtoffshore.com

(713) 626-8525

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

Recent Events

  • STOCKS NEWS US-Skyworks Solutions draws bullish action in option

    11/06/09 - Bond / Stock Rating - View Story

  • W&T Offshore Reports Third Quarter Net Loss of $0.02 per Share

    11/05/09 - Financial Announcement - View Story

  • W&T Offshore Reports Second Quarter Results

    8/04/09 - Financial Announcement - View Story

  • W&T Offshore Posts $230.7MM Loss in First Quarter

    5/29/09 - Financial Announcement - View Story

News & Analysis

w&t offshore inc. - All News and Analysis

  • W&T Offshore Inc. Review in Progress.

    - 2008-03-20

    M2 PRESSWIRE-20 March 2008-The Maybach Journal: W&T Offshore Inc. Review in ProgressC1994-2008 M2 COMMUNICATIONS LTD RDATE:20032008 MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Investors wanting to know the truth about investing and how...

    Tags: W&T Offshore Inc.

  • Wall Street Media Presents a Video of Tracy Krohn, CEO of W&T Offshore

    - 2008-03-12

    NEW YORK -- Wall Street Media is presenting an exclusive highlight video from the presentation of Tracy Krohn, CEO of W&T Offshore (NYSE: WTI)from the Dahlman Rose 2008 Energy Supply Chain Conference held in New York, NY on March 12, 2008. W&T Offshore is an independent oil and natural gas...

    Tags: W&T Offshore Inc.

  • Progressive Following for W&T Offshore, Inc.

    - 2008-03-11

    M2 PRESSWIRE-11 March 2008-Street Tips: Progressive Following for W&T Offshore, Inc.C1994-2008 M2 COMMUNICATIONS LTD RDATE:11032008 Streetinvesting.com has now resumed our progressive review of W&T Offshore, Inc. (NYSE: WTI) after it traded up 2% Monday, early in the afternoon with...

    Tags: W&T Offshore Inc.

  • Has added W&T Offshore Inc. to their watch list.

    - 2008-03-11

    M2 PRESSWIRE-11 March 2008-MG Strategies: Has added W&T Offshore Inc. to their watch listC1994-2008 M2 COMMUNICATIONS LTD RDATE:11032008 Maybach Financial is a syndicate of financial informants representing a true investing experience. Taking research from financial consultants, brokers, researchers, and conglomerates from...

    Tags: Maybach Financial Group, W&T Offshore Inc.

  • Progressive Following on W&T Offshore Inc.

    - 2008-02-29

    M2 PRESSWIRE-29 February 2008-NYSENEWS: Progressive Following on W&T Offshore IncC1994-2008 M2 COMMUNICATIONS LTD RDATE:29022008 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a stock...

    Tags: W&T Offshore Inc.

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     WTI $10.71 +0.20 (1.90% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 773,995
Shares Outstanding 76.33M
Market Cap 817.5M
Year High 17.3
Year Low 4.94
Earnings Per Share -14.35
P/E Ratio -0.75
Dividend 0.12
Yield 1.12
IndustryTop Rated

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