# W&T Offshore share price today (W&T Offshore, Inc., WTI)

> W&T Offshore, Inc.'s balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. WTI · Energy · Oil & Gas Exploration & Production · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/wti

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## Key numbers

- Price: $3.54 (+68.6% in a year)
- Revenue (Jun 2026): $163 M (+32.9% on a year ago)
- Profit (Jun 2026): $12.6 M
- Operating margin: 13.9% (+24.4 points on a year ago)
- ROE: 75%, FY25
- ROIC: 4.0%, against a 7.0% cost of capital: −3.0 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the W&T Offshore share price today? W&T Offshore, Inc.'s share price was $3.54 at the close on 3 November 2026. That is 2.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between $2 and $5, and at that close it sat 61% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 8 weeks in a row. Over the last 1 year the share price moved +96% while the S&P 500 moved +21%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does W&T Offshore pay? W&T Offshore, Inc. paid $0.04 per share over the last four reported quarters. The most recent declaration was $0.01 for Jun 2026. At today's price of $3.54 that is a yield of 1.13%, based on dividends already paid, not a forecast. ## Which stock lists is W&T Offshore on? W&T Offshore is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is W&T Offshore profitable? W&T Offshore, Inc. earned $12.6 M of net profit in the Jun 2026 quarter. The full FY25 year was a loss of $150 M. That is 7.7% of the quarter's revenue. The same quarter a year earlier lost $20.9 M. 10 of the last 12 reported quarters were loss-making. ## How much revenue does W&T Offshore make, and is it growing? W&T Offshore, Inc. reported $163 M of revenue in the Jun 2026 quarter, +32.9% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 4 years it has grown −2.6% a year on average. The last full year, FY25, came in at $501 M. The last four reported quarters add to $562 M. FY25 revenue was $501 M, −4.5% on the year before. Recent pace: the last four quarters grew +13.6% on average, against −2.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +13.7%, against +0.3% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does W&T Offshore keep? W&T Offshore, Inc.'s operating margin was 13.9% in the Jun 2026 quarter, 24.4 percentage points higher than the same quarter a year ago. Across 5 years it has been between −10.5% and 49.3%. The latest quarter is within that range. Why the margin moved: operating margin changed +24.4 percentage points on the year while gross margin changed +19.4 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is W&T Offshore's profit turning into cash? Over the last 2 years, 184% of W&T Offshore, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $77.2 M of operating cash against −$150 M of profit. After $49.5 M of spending on assets, $27.8 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does W&T Offshore's cash go? W&T Offshore, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $249 M on assets over the last 3 years. Averaged over those years that is 16.6% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $249 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is W&T Offshore's P/E ratio, and how does it compare with its own history? W&T Offshore, Inc. has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. Measured against sales instead, the market values W&T Offshore, Inc. at 1.1× its FY25 revenue of $501 M. The P/E comes back here once profit turns positive. ## Is the W&T Offshore business getting better or worse? W&T Offshore, Inc.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does W&T Offshore earn on its capital? W&T Offshore, Inc. earned a ROE of 75% in FY25. That is up from a low of 17% in FY21. Its return on capital used (ROIC) is 3.0 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −29.9% net margin and 0.52× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −29.9% net margin × 0.52× asset turnover × −4.78× leverage (assets divided by equity) ≈ 74.3% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 4.0% − 7.0% = −3.0 percentage points. The 7.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 4.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at −6.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does W&T Offshore have too much debt? W&T Offshore, Inc.'s net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from −3.01 in FY21 to −1.82 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the W&T Offshore shareholding pattern? 13.0% of W&T Offshore, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 3.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is W&T Offshore from balance-sheet trouble? For W&T Offshore, Inc., the Z-score is −0.12. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of −0.12 is inside the danger zone, so the balance sheet is a real risk. ## How does W&T Offshore rank in its industry? There is no score against its industry: W&T Offshore, Inc. is not among the largest members shown in this industry comparison for Oil & Gas Exploration & Production. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is W&T Offshore compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to W&T Offshore in size? W&T Offshore is the 47th largest of 57 Oil & Gas Exploration & Production companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Vitesse Energy, Inc., VAALCO Energy, Inc. and GeoPark. Just below it: SandRidge Energy, Inc., Gran Tierra Energy Inc. and Ring Energy, Inc. ### Oil & Gas Exploration & Production companies close in size

1. [Vitesse Energy, Inc.](https://www.sectoralpha.in/us/stocks/vts) $651 million
2. [VAALCO Energy, Inc.](https://www.sectoralpha.in/us/stocks/egy) $590 million
3. [GeoPark Limited](https://www.sectoralpha.in/us/stocks/gprk) $556 million
4. W&T Offshore, Inc. $548 million
5. [SandRidge Energy, Inc.](https://www.sectoralpha.in/us/stocks/sd) $495 million
6. [Gran Tierra Energy Inc.](https://www.sectoralpha.in/us/stocks/gte) $363 million
7. [Ring Energy, Inc.](https://www.sectoralpha.in/us/stocks/rei) $336 million

[All 57 Oil & Gas Exploration & Production companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-exploration-production#all-companies)

### Companies close in size in other industries

1. [Bank7 Corp.](https://www.sectoralpha.in/us/stocks/bsvn) $559 million · Banks - Regional
2. [Shattuck Labs, Inc.](https://www.sectoralpha.in/us/stocks/sttk) $558 million · Biotechnology
3. W&T Offshore, Inc. $556 million
4. [Carriage Services, Inc.](https://www.sectoralpha.in/us/stocks/csv) $554 million · Personal Services
5. [Gladstone Commercial Corporation](https://www.sectoralpha.in/us/stocks/good) $554 million · REIT - Diversified

## What else do people ask about W&T Offshore? ### What were W&T Offshore's latest quarterly results? W&T Offshore, Inc. reported revenue of $163 M and net profit of $12.6 M for the Jun 2026 quarter. Earnings per share were $0.08. The operating margin was 13.9%, 24.4 percentage points higher than a year earlier (as of 3 November 2026). ### What is W&T Offshore's market cap? W&T Offshore, Inc.'s market capitalisation is $548 M at a stock price of $3.54. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is W&T Offshore performing? W&T Offshore, Inc.'s latest readings are below. Over the past 13 weeks it has done better than the S&P 500, for 8 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will W&T Offshore's stock price go up? This page does not forecast W&T Offshore, Inc.'s stock price. What it shows instead: the stock price is $3.54. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Is W&T Offshore's profit real cash? Yes, over the last 2 years, 184% of W&T Offshore, Inc.'s reported profit came in as cash from operations. The latest year was lower at -51%, so the trend is worth watching. In FY25, operating cash was $77.2 M against reported profit of −$150 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is W&T Offshore in its business cycle? W&T Offshore, Inc.'s FY25 operating margin was −10.5%, against a 5-year range of −10.5% to 49.3%: the low end of its own range, which is often where recoveries start. The latest quarter was 13.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the W&T Offshore story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is W&T Offshore a stock worth studying right now? What the numbers show: W&T Offshore, Inc.'s balance sheet is under water: its net worth is negative, so it owes more than it owns. This is a high-risk situation: shareholders can be wiped out by new shares or a restructuring before the business recovers. The main open question: whether the business can earn its way back to positive net worth before new shares or a restructuring get there first. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.