W&T Offshore WTI
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
W&T Offshore (WTI) Business Model and Operations Summary
W&T Offshore Inc is an oil and gas exploration and production company. The company's exploration operations are focused in the Gulf of Mexico, where it drills for oil and gas. The company engages in both deepwater drilling and shallow-water shelf drilling. W&T Offshore extracts crude oil, natural gas, and natural gas liquids, which are then sold directly at the wellhead. Overall, crude oil accounts for the majority of company's revenue, with natural gas accounting for a much smaller portion.
Key Insights
W&T Offshore (WTI) Core Market Data and Business Metrics
Latest Closing Price
$1.46Market Cap
$203.74 MillionPrice-Earnings Ratio
-2.47Total Outstanding Shares
147.64 Million SharesTotal Employees
400Dividend
$0.01 Per Share QuarterlyIPO Date
January 28, 2005SIC Description
Crude Petroleum & Natural GasPrimary Exchange
New York Stock ExchangeHeadquarters
5718 Westheimer Rd, Houston, TX, 77057-5745
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Average Daily Volume: The average number of shares traded per day over the specified period.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 21,188,809 Shares | +3.70% | 3/14/2025 | 12.75 |
| 20,433,213 Shares | -7.76% | 2/28/2025 | 21.89 |
| 22,152,750 Shares | +7.61% | 2/14/2025 | 21.06 |
| 20,585,690 Shares | -1.77% | 1/31/2025 | 14.57 |
| 20,955,799 Shares | +11.31% | 1/15/2025 | 8.34 |
| 18,825,717 Shares | +17.60% | 12/31/2024 | 6.4 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow From Investing Activities | $-118.18 Million |
| Net Cash Flow From Financing Activities, Continuing | $-8.56 Million |
| Net Cash Flow | $-67.20 Million |
| Net Cash Flow From Investing Activities, Continuing | $-118.18 Million |
| Net Cash Flow From Operating Activities | $59.54 Million |
| Net Cash Flow From Operating Activities, Continuing | $59.54 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Income Tax Expense/Benefit, Current | $92,000 |
| Net Income/Loss Attributable To Noncontrolling Interest | $0 |
| Costs And Expenses | $567.46 Million |
| Income/Loss From Continuing Operations After Tax | $-87.14 Million |
| Income Tax Expense/Benefit | $-9.98 Million |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $0 |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Parent | $-87.14 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Other Comprehensive Income/Loss | $0 |
| Comprehensive Income/Loss | $-87.14 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Liabilities And Equity | $1.10 Billion |
| Noncurrent Assets | $880.47 Million |
| Noncurrent Liabilities | $884.62 Million |
| Fixed Assets | $777.74 Million |
| Current Liabilities | $246.08 Million |
| Accounts Payable | $83.63 Million |
Historical Dividends
Current dividend: $0.01 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Mar 3, 2025 | Mar 24, 2025 | Mar 17, 2025 | $0.01 | Quarterly |
| Nov 7, 2024 | Nov 29, 2024 | Nov 21, 2024 | $0.01 | Quarterly |
| Aug 6, 2024 | Aug 27, 2024 | Aug 20, 2024 | $0.01 | Quarterly |
| May 10, 2024 | May 31, 2024 | May 24, 2024 | $0.01 | Quarterly |
| Mar 5, 2024 | Mar 25, 2024 | Mar 18, 2024 | $0.01 | Quarterly |
| Nov 8, 2023 | Dec 22, 2023 | Nov 28, 2023 | $0.01 | Quarterly |