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W&T Offshore

DB:UWV
Snowflake Description

Good value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
UWV
DB
$219M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

W&T 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. The last earnings update was 25 days ago. More info.


Add to Portfolio Compare Print
  • W&T Offshore has significant price volatility in the past 3 months.
UWV Share Price and Events
7 Day Returns
-2.1%
DB:UWV
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-76.8%
DB:UWV
21.9%
DE Oil and Gas
-17.7%
DE Market
UWV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
W&T Offshore (UWV) -2.1% -38.7% -70.5% -76.8% -44.6% -70.3%
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • UWV underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • UWV underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
UWV
Industry
5yr Volatility vs Market

Value

 Is W&T Offshore undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of W&T Offshore to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for W&T Offshore.

DB:UWV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:UWV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 21%) (331.21%))
2.288
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:UWV using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for W&T Offshore is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:UWV DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.49%)
2020 19.00 Analyst x1 17.20
2021 -16.50 Analyst x2 -13.52
2022 98.00 Analyst x1 72.65
2023 113.62 Est @ 15.94% 76.23
2024 126.16 Est @ 11.04% 76.61
2025 135.76 Est @ 7.61% 74.61
2026 142.83 Est @ 5.21% 71.05
2027 147.87 Est @ 3.53% 66.57
2028 151.35 Est @ 2.35% 61.67
2029 153.67 Est @ 1.53% 56.67
Present value of next 10 years cash flows $559.00
DB:UWV DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $153.67 × (1 + -0.39%) ÷ (10.49% – -0.39%)
$1,406.88
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,406.88 ÷ (1 + 10.49%)10
$518.83
DB:UWV Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $559.00 + $518.83
$1,077.83
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,077.83 / 141.55
$7.61
DB:UWV Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:UWV represents 0.90968x of NYSE:WTI
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90968x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 7.61 x 0.90968
€6.93
Value per share (EUR) From above. €6.93
Current discount Discount to share price of €1.41
= -1 x (€1.41 - €6.93) / €6.93
79.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price W&T Offshore is available for.
Intrinsic value
>50%
Share price is €1.41 vs Future cash flow value of €6.93
Current Discount Checks
For W&T Offshore to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • W&T Offshore's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • W&T Offshore's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for W&T Offshore's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are W&T Offshore's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:UWV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.52
NYSE:WTI Share Price ** NYSE (2020-03-30) in USD $1.55
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of W&T Offshore.

DB:UWV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:WTI Share Price ÷ EPS (both in USD)

= 1.55 ÷ 0.52

3x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • W&T Offshore is good value based on earnings compared to the Europe Oil and Gas industry average.
  • W&T Offshore is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does W&T Offshore's expected growth come at a high price?
Raw Data
DB:UWV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
-118.3%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

DB:UWV PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 3x ÷ -118.3%

-0.03x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • W&T Offshore earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on W&T Offshore's assets?
Raw Data
DB:UWV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $-1.76
NYSE:WTI Share Price * NYSE (2020-03-30) in USD $1.55
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:UWV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:WTI Share Price ÷ Book Value per Share (both in USD)

= 1.55 ÷ -1.76

-0.88x

* Primary Listing of W&T Offshore.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • W&T Offshore has negative assets, we can't compare the value of its assets to the DE Oil and Gas industry average.
X
Value checks
We assess W&T Offshore's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. W&T Offshore has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is W&T Offshore expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-118.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is W&T Offshore expected to grow at an attractive rate?
  • W&T Offshore's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of -0.4%.
Growth vs Market Checks
  • W&T Offshore's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • W&T Offshore's revenues are expected to decrease over the next 1-3 years, this is below the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:UWV Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:UWV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts -118.3%
DB:UWV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts -16.3%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:UWV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:UWV Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 246
2021-12-31 397 147 -115 1
2020-12-31 410 124 -59 1
2020-03-30
DB:UWV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 532 232 73
2019-09-30 525 214 197
2019-06-30 546 313 167
2019-03-31 561 332 165
2018-12-31 579 322 239
2018-09-30 565 324 128
2018-06-30 522 209 82
2018-03-31 495 153 80
2017-12-31 485 159 76
2017-09-30 471 154 70
2017-06-30 468 91 116
2017-03-31 445 66 -35

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • W&T Offshore's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • W&T Offshore's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:UWV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from W&T Offshore Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:UWV Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 -0.81 -0.81 -0.81 1.00
2020-12-31 -0.42 -0.42 -0.42 1.00
2020-03-30
DB:UWV Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.52
2019-09-30 1.40
2019-06-30 1.19
2019-03-31 1.18
2018-12-31 1.72
2018-09-30 0.92
2018-06-30 0.60
2018-03-31 0.58
2017-12-31 0.56
2017-09-30 0.51
2017-06-30 0.92
2017-03-31 -0.32

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if W&T Offshore will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess W&T Offshore's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
W&T Offshore has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has W&T Offshore performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare W&T Offshore's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • W&T Offshore has delivered over 20% year on year earnings growth in the past 5 years.
  • W&T Offshore's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • W&T Offshore's 1-year earnings growth is negative, it can't be compared to the Europe Oil and Gas industry average.
Earnings and Revenue History
W&T Offshore's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from W&T Offshore Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:UWV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 532.37 72.72 55.11
2019-09-30 524.60 196.86 52.44
2019-06-30 545.99 166.63 58.33
2019-03-31 560.78 164.84 59.22
2018-12-31 578.87 239.10 60.15
2018-09-30 564.62 127.96 59.61
2018-06-30 521.54 82.37 59.25
2018-03-31 495.24 79.69 61.51
2017-12-31 485.36 76.44 59.74
2017-09-30 471.40 70.45 59.75
2017-06-30 468.38 115.89 56.81
2017-03-31 444.79 -35.27 56.57
2016-12-31 398.10 -249.02 59.74
2016-09-30 386.98 -317.11 61.44
2016-06-30 405.40 -838.92 65.27
2016-03-31 454.18 -980.13 68.79
2015-12-31 504.26 -1,044.72 73.11
2015-09-30 595.05 -1,026.46 79.76
2015-06-30 702.44 -548.28 84.25
2015-03-31 815.52 -278.09 84.18
2014-12-31 940.78 -11.93 87.00
2014-09-30 989.57 9.95 85.17
2014-06-30 999.59 23.37 84.19
2014-03-31 972.04 35.75 84.38
2013-12-31 976.95 51.02 81.87
2013-09-30 969.27 79.31 66.30
2013-06-30 911.11 63.89 64.97
2013-03-31 891.68 94.26 68.03

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if W&T Offshore has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • W&T Offshore used its assets more efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • W&T Offshore has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess W&T Offshore's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
W&T Offshore has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is W&T Offshore's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up W&T Offshore's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • W&T Offshore's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • W&T Offshore's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of W&T Offshore's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • W&T Offshore has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from W&T Offshore Company Filings, last reported 2 months ago.

DB:UWV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 -249.37 719.53 32.43
2019-09-30 -257.84 718.95 41.74
2019-06-30 -334.99 634.42 65.71
2019-03-31 -372.64 634.01 86.12
2018-12-31 -324.80 633.54 33.29
2018-09-30 -459.78 983.94 339.06
2018-06-30 -507.41 985.72 129.44
2018-03-31 -544.65 990.34 130.71
2017-12-31 -573.51 992.05 99.06
2017-09-30 -597.27 993.76 106.16
2017-06-30 -597.96 995.48 72.32
2017-03-31 -632.81 1,018.98 126.10
2016-12-31 -659.04 1,020.73 70.24
2016-09-30 -678.00 1,022.98 73.35
2016-06-30 -832.80 1,345.05 171.82
2016-03-31 -714.46 1,484.95 370.62
2015-12-31 -526.49 1,196.86 85.41
2015-09-30 -475.75 1,473.35 7.46
2015-06-30 -0.79 1,468.87 5.67
2015-03-31 256.96 1,426.44 8.37
2014-12-31 509.31 1,352.12 23.67
2014-09-30 550.19 1,260.67 17.22
2014-06-30 553.39 1,224.26 23.85
2014-03-31 547.32 1,193.85 20.34
2013-12-31 540.61 1,205.42 15.80
2013-09-30 593.03 1,052.98 15.23
2013-06-30 582.18 1,099.54 9.28
2013-03-31 564.00 1,060.08 12.28
  • W&T Offshore has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if W&T Offshore's debt level has increased considering it has negative shareholder equity.
  • Debt is well covered by operating cash flow (32.3%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess W&T Offshore's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. W&T Offshore has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is W&T Offshore's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from W&T Offshore dividends.
If you bought €2,000 of W&T Offshore shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate W&T Offshore's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate W&T Offshore's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:UWV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:UWV Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31
2020-12-31
2020-03-30
DB:UWV Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2016-11-03 0.000 0.000
2016-11-02 0.000 0.000
2016-08-05 0.000 0.000
2016-08-04 0.000 0.000
2016-05-05 0.000 0.000
2016-05-04 0.000 0.000
2016-03-09 0.000 0.000
2015-11-06 0.000 0.000
2015-11-04 0.000 0.000
2015-08-06 0.000 0.000
2015-08-05 0.000 0.000
2015-05-07 0.000 0.000
2014-11-06 0.000 0.000
2014-08-07 0.820 7.190
2014-05-07 0.820 5.473
2014-03-07 0.820 4.763
2013-11-07 0.820 5.239
2013-08-07 1.150 6.655
2013-05-07 1.150 7.633
2013-02-27 1.110 8.330
2012-10-31 1.110 6.561
2012-07-31 0.950 5.178
2012-05-08 0.950 6.174
2012-02-24 0.950 4.466
2011-10-31 0.790 3.772
2011-08-03 0.160 0.895
2011-04-27 0.160 0.636
2011-03-02 0.160 0.743
2010-11-02 0.160 0.881
2010-08-02 0.160 1.602
2010-05-04 0.120 1.272
2010-02-26 0.120 1.251
2009-11-05 0.120 1.155
2009-08-04 0.120 1.046
2009-05-05 0.120 1.269

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as W&T Offshore has not reported any payouts.
  • Unable to verify if W&T Offshore's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of W&T Offshore's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as W&T Offshore has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess W&T Offshore's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can W&T Offshore afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. W&T Offshore has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of W&T Offshore's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tracy Krohn
COMPENSATION $6,379,347
AGE 64
TENURE AS CEO 37.2 years
CEO Bio

Mr. Tracy W. Krohn Co-Founded W&T Offshore Inc., in 1983 and has been its Chief Executive Officer and President since 1983 and March 9, 2017 respectively. Mr. Krohn served as President and Treasurer of W&T Offshore Inc. from 1993 to September 2008 and from 1997 to July 2006 respectively. He served as Chief Executive Officer of Aviara Energy Corporation in Houston, Texas from 1996 to 1997. He started his career as a Petroleum Engineer and Offshore Drilling Supervisor with Mobil Oil Corporation. He has been actively involved in the oil and gas business since 1978. He served as Senior Engineer with Taylor Energy from 1982 to 1983. He has been the Chairman of W&T Offshore Inc. since 2004. He also served as Chairman of Aviara Energy Corporation in Houston, Texas from 1996 to 1997. He serves as a Director at W&T Offshore Inc. Mr. Krohn graduated with a B.S. in Petroleum Engineering from Louisiana State University in 1978.

CEO Compensation
  • Tracy's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Tracy's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the W&T Offshore management team in years:

7.8
Average Tenure
56
Average Age
  • The average tenure for the W&T Offshore management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tracy Krohn

TITLE
Founder
COMPENSATION
$6M
AGE
64
TENURE
37.2 yrs

Janet Yang

TITLE
Executive VP & CFO
COMPENSATION
$730K
TENURE
1.6 yrs

Stephen Schroeder

TITLE
Senior VP & CTO
COMPENSATION
$969K
AGE
56
TENURE
7.8 yrs

Shahid Ghauri

TITLE
VP, General Counsel & Corporate Secretary
COMPENSATION
$934K
AGE
50
TENURE
3 yrs

William Williford

TITLE
Executive VP & GM of Gulf of Mexico
COMPENSATION
$970K
AGE
46
TENURE
1.3 yrs

Al Petrie

TITLE
Investor Relations Coordinator

W. Tate

TITLE
Vice President of Marketing & Midstream
TENURE
13.6 yrs

Todd Grabois

TITLE
VP & Treasurer
AGE
59
TENURE
13.7 yrs
Board of Directors Tenure

Average tenure and age of the W&T Offshore board of directors in years:

14.2
Average Tenure
64
Average Age
  • The average tenure for the W&T Offshore board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Tracy Krohn

TITLE
Founder
COMPENSATION
$6M
AGE
64
TENURE
16.2 yrs

Stuart Katz

TITLE
Independent Presiding Director
COMPENSATION
$229K
AGE
64
TENURE
4.3 yrs

Virginia Boulet

TITLE
Independent Director
COMPENSATION
$225K
AGE
65
TENURE
15 yrs

S. Nelson

TITLE
Independent Director
COMPENSATION
$224K
AGE
77
TENURE
14.2 yrs

B. Stanley

TITLE
Independent Director
COMPENSATION
$232K
AGE
64
TENURE
10.8 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by W&T Offshore individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
10. Mar 20 Buy Stuart Katz Individual 10. Mar 20 10. Mar 20 22,000 €1.66 €36,496
09. Mar 20 Buy Virginia Boulet Individual 09. Mar 20 09. Mar 20 18,000 €1.48 €26,610
27. Nov 19 Buy Virginia Boulet Individual 14. Nov 19 14. Nov 19 3,200 €4.01 €12,844
29. Aug 19 Buy William Williford Individual 26. Aug 19 26. Aug 19 10,000 €3.71 €37,072
26. Aug 19 Sell David Bump Individual 23. Aug 19 23. Aug 19 -13,500 €3.87 €-52,233
26. Aug 19 Buy Tracy Krohn Individual 23. Aug 19 23. Aug 19 100,000 €3.64 €364,466
19. Aug 19 Buy Tracy Krohn Individual 16. Aug 19 16. Aug 19 14,925 €3.95 €58,913
16. Aug 19 Buy Tracy Krohn Individual 15. Aug 19 15. Aug 19 22,563 €3.76 €84,735
12. Aug 19 Buy Tracy Krohn Individual 08. Aug 19 08. Aug 19 21,500 €3.99 €85,716
08. Aug 19 Buy Shahid Ghauri Individual 08. Aug 19 08. Aug 19 1,850 €4.00 €7,409
06. Aug 19 Buy Shahid Ghauri Individual 06. Aug 19 06. Aug 19 6,000 €3.66 €21,973
15. Jul 19 Buy Tracy Krohn Individual 11. Jul 19 12. Jul 19 200,300 €4.14 €823,808
12. Jul 19 Buy Tracy Krohn Individual 10. Jul 19 10. Jul 19 15,000 €4.13 €61,994
10. Jun 19 Buy Virginia Boulet Individual 07. Jun 19 07. Jun 19 7,000 €3.83 €26,795
07. May 19 Buy Stuart Katz Individual 07. May 19 07. May 19 10,000 €4.56 €45,599
X
Management checks
We assess W&T Offshore's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. W&T Offshore has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

W&T 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. The company sells crude oil, natural gas liquids, and natural gas. It holds working interests in approximately 51 offshore fields in federal and state waters. The company also owns interests in approximately 146 offshore structures. It has interests in offshore leases covering approximately 550,000 net acres spanning across the Outer Continental Shelf off the coasts of Louisiana, Texas, Mississippi, and Alabama. As of December 31, 2019, its total proved reserves were 157.4 million barrels of oil equivalent. The company was founded in 1983 and is headquartered in Houston, Texas.

Details
Name: W&T Offshore, Inc.
UWV
Exchange: DB
Founded: 1983
$198,860,472
141,545,762
Website: http://www.wtoffshore.com
Address: W&T Offshore, Inc.
Nine Greenway Plaza,
Suite 300,
Houston,
Texas, 77046-0908,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE WTI Common Stock New York Stock Exchange US USD 28. Jan 2005
DB UWV Common Stock Deutsche Boerse AG DE EUR 28. Jan 2005
BRSE UWV Common Stock Berne Stock Exchange CH CHF 28. Jan 2005
Number of employees
Current staff
Staff numbers
291
W&T Offshore employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 21:03
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/17
Last earnings filing: 2020/03/05
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.