BNET Industries

W & T Offshore Inc.

(WTI) is in the Energy Industry

Market Cap:$799.9M
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 Q4 2007 Earnings Call Transcript

    Seeking Alpha - 2008-02-28

    Question-and-Answer Session Operator Our first question comes from Gary Nuschler - Jefferies & Company. Gary Nuschler - Jefferies & Company Can you give us an update on the development plan at [Daniel Boon]? Jeffrey M. Durrant We’re still working on that development. I expect that...

    Tags: W & T Offshore Inc.

  • W&T Offshore Inc. Q3 2007 Earnings Call Transcript

    Seeking Alpha - 2007-11-07

    Question-and-Answer SessionOperator Thank you very much. Ladies and gentlemen, at this time we will now begin the question and answer session. Operator Instructions Our first question comes from the line of Neal Dingmann with Dahlman Rose. Please go ahead at this time. Jason Wangler - Dahlman Rose Good...

    Tags: W & T Offshore Inc.

  • W&T Offshore Q2 2007 Earnings Call Transcript

    Seeking Alpha - 2007-08-08

    Question-and-Answer SessionOperator Thank you sir. Ladies and gentlemen we will now begin the question and answer session. [Operator Instructions]. Our first question comes from the line of Jeff Robertson. Please take your company name followed by your question. Jeffrey Robertson - Lehman Brothers Lehman Brothers. Steve...

    Tags: W & T Offshore Inc.

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     WTI $10.48 +0.41 (4.07% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 777,812
Shares Outstanding 76.33M
Market Cap 800.0M
Year High 17.3
Year Low 4.94
Earnings Per Share -14.35
P/E Ratio -0.73
Dividend 0.12
Yield 1.15
Industry Transcripts by Seeking Alpha
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